Europe airline retailing market is expected to grow from US$ 2.18 Bn in 2018 to US$ 9.30 Bn by the year 2027. This represents a CAGR of 17.9% from the year 2018 to 2027.
As the number of air travelers has surged since last few years, it has significantly impacted the airline retailing market. Airline passenger growth rate is the major tailwind for the growth in airline retailing market. The changing economies of developing countries and increasing the purchasing power of customers is positively impacting market growth. During the last 15 years, the global air passenger increased by around 5% year-on-year. According to the International Air Transport Association (IATA), the number of air passenger is expected to double between 2016 and 2035. Aviation demographics are undergoing substantial changes, with new-age groups taking center stage. Generation Y is increasingly spending more time traveling and are expected to be the key customer for airline retailing.
Currently, UK is dominating in the Europe airline retailing market owing to the high disposable income and high passenger volumes. The figure given below highlights the revenue share of rest of Europe in the Europe airline retailing market in the forecast period:
EUROPE AIRLINE RETAILING MARKET - SEGMENTATION
Europe Airline Retailing Market by Retail Type
Europe Airline Retailing Market by Shopping Type
Europe Airline Retailing Market by Carrier Type
Europe Airline Retailing Market by Country
Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 2.18 Billion |
| Market Size by 2027 | US$ 9.30 Billion |
| CAGR (2018 - 2027) | 17.9% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Retail Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Airline Retailing Market is valued at US$ 2.18 Billion in 2018, it is projected to reach US$ 9.30 Billion by 2027.
As per our report Europe Airline Retailing Market, the market size is valued at US$ 2.18 Billion in 2018, projecting it to reach US$ 9.30 Billion by 2027. This translates to a CAGR of approximately 17.9% during the forecast period.
The Europe Airline Retailing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Airline Retailing Market report:
The Europe Airline Retailing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Airline Retailing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Airline Retailing Market value chain can benefit from the information contained in a comprehensive market report.
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