Asia Pacific Airline Ancillary Services Market Forecast to 2030
Asia Pacific Airline Ancillary Services Market Forecast to 2030 – Regional Analysis – by Type (Baggage Fees, On-Board Retail and A La Carte Services, Airline Retail, and FFP Mile Sales) and Carrier Type (Full-Service Carriers and Low-Cost Carriers)
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Description
Rising Preference of Air Travel by Middle-Income Passengers fuels the Asia Pacific Airline Ancillary Services Market
As per International Air Transport Association (IATA), the number of passengers traveling by air is expected to reach ~7.8 billion by 2036. The rapidly emerging middle-class segment majorly influences the growth in passengers travelling through airways in developing economies. In October 2021, world organizations such as United Nations World Tourism Organization (UNWTO) and the International Civil Aviation Organization partnered to support the safe restart of travel and tourism. In October 2020, UNWTO and IATA inked a Memorandum of Understanding to work together to restart global tourism. This agreement was focused on enhancing the confidence of the general public in air travel, which further helped increase air traffic.
An exponential growth of working groups in developing countries has increased freight traffic disposable income. According to the United Nations, the growing number of middle-class travelers, especially in China and India, is the primary factor contributing to the growth of air travel and various ancillary services. As the world recovers from economic contractions, the demand for air travel increases. The rising air travel demand has resulted in the augmented production of commercial aircraft, which has considerably contributed to the growth of various ancillary services, such as in-flight Wi-Fi, excess luggage, food and beverages, and in-flight shopping. According to IATA, in 2019, there were 4.54 billion air passengers, and in 2023, global air passengers reached 95% of pre-pandemic levels, which is 4.35 billion people. These mounting numbers of passengers across the world are demanding various parameters to make flight hours more exciting and comfortable. In-flight catering or in-flight culinary is one of the key trends among full-service carriers as well as low-cost carriers. The increasing focus on offering enhanced services to flight passengers and the rising number of aviation passengers worldwide are driving the Asia Pacific airline ancillary services market.
Asia Pacific Airline Ancillary Services Market Overview
Asia Pacific is a diverse region with more than 4 billion people and comprises dynamic economies that cumulatively generate 35% of the global GDP. The aviation industry in the region is a pivotal contributor to its social and economic development. Also, in Asia Pacific, government initiatives on airline ancillary services propel the Asia Pacific airline ancillary services market growth. In December 2022, the Singapore government provided an additional US$ 84 million to the aviation sector amid the COVID-19 pandemic to support the Asia Pacific airline ancillary services market. The funding will enable aviation companies to develop and deploy innovative technologies and measures to protect airport workers and aircrew from contracting the novel coronavirus that causes COVID-19. This led to increased demand for ancillary services such as aircraft and baggage sanitization systems, creating opportunities for service providers in the market.
Asia Pacific Airline Ancillary Services Market Revenue and Forecast to 2030 (US$ Bn)
Asia Pacific Airline Ancillary Services Market Segmentation
The Asia Pacific airline ancillary services market is segmented into type, carrier type, and country.
Based on type, the Asia Pacific airline ancillary services market is divided into baggage fees, on-board retail and a la carte services, airline retail, and FFP mile sales. The baggage fees segment held the largest market share in 2022.
By carrier type, the Asia Pacific airline ancillary services market is bifurcated into full-service carriers and low-cost carriers. The full-service carriers segment held a larger market share in 2022.
Based on country, the Asia Pacific airline ancillary services market is segmented into China, Japan, India, Australia, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific airline ancillary services market in 2022.
Air France KLM SA, Delta Air Lines Inc, Deutsche Lufthansa AG, Qantas Airways Ltd, The Emirates, and United Airlines Holdings Inc are some of the leading companies operating in the Asia Pacific airline ancillary services market.
Summary Info
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According to the research team’ research, the Asia Pacific airline ancillary services market was valued at US$ 31,373.82 million in 2022 and is expected to reach US$ 148,968.46 million by 2030, registering a CAGR of 21.5% from 2022 to 2030. Rising preference of air travel by middle-income passengers, benefits of frequent flyer program, increasing deployment of in-flight Wi-Fi, and in-flight retail partnerships are the critical factors attributed to the Asia Pacific airline ancillary services market expansion.
The airlines have started offering Wi-Fi services to attract customers and provide better services to compete with large global airlines. In the coming years, in-flight Wi-Fi is expected to deliver higher speed. For instance, in June 2023, the Thales Group, a defense conglomerate, collaborated with the civil aviation ministry of India to introduce in-flight internet services. In November 2022, AirAsia India and Sugarbox (a cloud technology firm) partnered to provide in-flight Wi-Fi service on all AirAsia aircraft. The collaboration aims to enable passengers to access over 1,000 international and Indian movies. Carrier service providers such as Lufthansa, Austrian Airlines, and Eurowings are anticipated to soon provide their customers with “home-style” broadband, whereas other carrier service providers, including Air France-KLM, SAS, Finnair, British Airways, Aer Lingus, and Iberia, are planning to deploy the latest generation of connectivity equipment. Thus, the increasing deployment of in-flight Wi-Fi owing to rising demand for high connection speed is anticipated to positively influence the growth of the Asia Pacific airline ancillary services market during the forecast period.
On the contrary, cost cutting on airline services is impacting negatively on the growth of Asia Pacific airline ancillary services market.
Based on type, the Asia Pacific airline ancillary services market is divided into baggage fees, on-board retail and a la carte services, airline retail, and FFP mile sales. The baggage fees segment held 58.8% market share in 2022, amassing US$ 18.44 billion. It is projected to garner US$ 84.14 billion by 2030 to expand at 20.9% CAGR during 2022–2030.
Based carrier type, the Asia Pacific airline ancillary services market is bifurcated into full-service carriers and low-cost carriers. The full-service carriers segment held 69.8% share of Asia Pacific airline ancillary services market in 2022, amassing US$ 21.90 billion. It is projected to garner US$ 98.81 billion by 2030 to expand at 20.7% CAGR during 2022–2030.
Based on country, the Asia Pacific airline ancillary services market has been categorized into China, Japan, India, Australia, and the Rest of Asia Pacific. Our regional analysis states that the Rest of Asia Pacific captured 33.5% share of Asia Pacific airline ancillary services market in 2022. It was assessed at US$ 10.50 billion in 2022 and is likely to hit US$ 49.07 billion by 2030, exhibiting a CAGR of 21.3% CAGR during 2022–2030.
Key players operating in the Asia Pacific airline ancillary services market are Air France KLM SA, Delta Air Lines Inc, Deutsche Lufthansa AG, Qantas Airways Ltd, The Emirates, and United Airlines Holdings Inc, among others.
In January 2022, the increased capacity and additional flights provide more options for passengers traveling to and from Australia, thereby enhancing their travel experience. Emirates’ commitment to offering customers more options, including their new Premium Economy cabin. This showcases the airline’s dedication to providing a differentiated product and service experience. Additionally, the availability of Emirates’ extensive global network and the inclusion of freight capacity on the Boeing 777-300ER.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific airline ancillary services market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific airline ancillary services market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Airline Ancillary Services Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Ancillary Service Blueprint:
4.2.2 Airline Ancillary Service Enablement:
4.2.3 Airline Ancillary Services Distribution, Revenue Analytics And Customer Experience Management:
4.2.4 List of Vendors in the Value Chain:
5. Asia Pacific Airline Ancillary Services Market – Key Industry Dynamics
5.1 Asia Pacific Airline Ancillary Services Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rising Preference of Air Travel by Middle-Income Passengers
5.2.2 Benefits of Frequent Flyer Program
5.2.3 In-Flight Retail Partnerships
5.3 Key market restraints
5.3.1 Cost Cutting on Airline Services
5.4 Key market opportunities
5.4.1 Start-Ups Present New Ancillary Revenue Opportunities
5.5 Future trends
5.5.1 Increasing Deployment of In-Flight Wi-Fi
5.6 Impact of Drivers and Restraints:
6. Airline Ancillary Services Market – Asia Pacific Market Analysis
6.1 Asia Pacific Airline Ancillary Services Market Revenue (US$ Billion), 2022 – 2030
6.2 Asia Pacific Airline Ancillary Services Market Forecast and Analysis
7. Asia Pacific Airline Ancillary Services Market Analysis – Type
7.1 Baggage Fees
7.1.1 Overview
7.1.2 Baggage Fees Market Revenue, Revenue and Forecast to 2030 (US$ Billion)
7.2 On-Board Retail and A La Carte Services
7.2.1 Overview
7.2.2 On-Board Retail and A La Carte Services Market Revenue, Revenue and Forecast to 2030 (US$ Billion)
7.3 Airline Retail
7.3.1 Overview
7.3.2 Airline Retail Market Revenue and Forecast to 2030 (US$ Billion)
7.4 FFP Mile Sales
7.4.1 Overview
7.4.2 FFP Mile Sales Market Revenue and Forecast to 2030 (US$ Billion)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Billion)
8. Asia Pacific Airline Ancillary Services Market Analysis – Carrier Type
8.1 Full-Service Carriers
8.1.1 Overview
8.1.2 Full-Service Carriers Market Revenue, and Forecast to 2030 (US$ Billion)
8.2 Low-Cost Carriers
8.2.1 Overview
8.2.2 Low-Cost Carriers Market Revenue, and Forecast to 2030 (US$ Billion)
9. Asia Pacific Airline Ancillary Services Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific Airline Ancillary Services Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Asia Pacific Airline Ancillary Services Market Breakdown by Country
9.1.1.2 China: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.2.1 China: Asia Pacific Airline Ancillary Services Market Breakdown by Type
9.1.1.2.2 China: Asia Pacific Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.3 Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.3.1 Japan: Asia Pacific Airline Ancillary Services Market Breakdown by Type
9.1.1.3.2 Japan: Asia Pacific Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.4 Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.4.1 Japan: Asia Pacific Airline Ancillary Services Market Breakdown by Type
9.1.1.4.2 Japan: Asia Pacific Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.5 Australia: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.5.1 Australia: Asia Pacific Airline Ancillary Services Market Breakdown by Type
9.1.1.5.2 Australia: Asia Pacific Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.6 Rest of Asia Pacific: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.6.1 Rest of Asia Pacific: Asia Pacific Airline Ancillary Services Market Breakdown by Type
9.1.1.6.2 Rest of Asia Pacific: Asia Pacific Airline Ancillary Services Market Breakdown by Carrier Type
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Asia Pacific Airline Ancillary Services Market Industry Landscape
11.1 Overview
11.2 Market Initiatives
11.3 New Product Developments
12. Company Profiles
12.1 United Airlines Holdings Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Delta Air Lines Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Deutsche Lufthansa AG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Qantas Airways Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 The Emirates
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Air France KLM SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Airline Ancillary Services Market Segmentation
Table 2. Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion)
Table 3. Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion) – Type
Table 4. Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion) – Carrier Type
Table 5. China: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 6. China: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 7. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 8. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 9. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 10. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 11. Australia: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 12. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 13. Rest of Asia Pacific: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 14. Rest of Asia Pacific: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 15. Company Positioning & Concentration
Table 16. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Airline Ancillary Services Market Segmentation, By Country
Figure 2. Ecosystem: Asia Pacific Airline Ancillary Services Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Asia Pacific Airline Ancillary Services Market Breakdown by Country, 2022 and 2030 (%)
Figure 5. Asia Pacific Airline Ancillary Services Market Revenue (US$ Billion), 2022 – 2030
Figure 6. Asia Pacific Airline Ancillary Services Market Share (%) – Type, 2022 and 2030
Figure 7. Baggage Fees Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 8. On-Board Retail and A La Carte Services Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 9. Airline Retail Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 10. FFP Mile Sales Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 11. Others Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 12. Asia Pacific Airline Ancillary Services Market Share (%) – Carrier Type, 2022 and 2030
Figure 13. Full-Service Carriers Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 14. Low-Cost Carriers Market Revenue and Forecasts To 2030 (US$ Billion)
Figure 15. Asia Pacific Airline Ancillary Services Market, by Key Country- Revenue (2022) US$ Bn)
Figure 16. Asia Pacific Airline Ancillary Services Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. China: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 18. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 19. Japan: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 20. Australia: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 21. Rest of Asia Pacific: Asia Pacific Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 22. Heat Map Analysis By Key Players
The List of Companies – Asia Pacific Airline Ancillary Services Market
o Air France KLM SA
o Delta Air Lines Inc
o Deutsche Lufthansa AG
o Qantas Airways Ltd
o The Emirates
o United Airlines Holdings Inc
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