Europe Airline Ancillary Services Market Forecast to 2030
Europe 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)
$2,485 – $3,885
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
- Reviews (0)
Description
Benefits of Frequent Flyer Program fuels the Europe Airline Ancillary Services Market
The frequent flyer program (FFP) is a loyal and long-lasting way for airline authorities to maintain a good relationship with their regular passengers. With this program, the airlines form several partnership arrangements and cooperative schemes. These include code-sharing agreements resulting in competitive fares and variations in the occurrence of services to increase profits and market share. The airlines constantly award reward points to its frequent flyers through cashback rewards, travel insurance, emergency medical services, and access to airport lounges. Similarly, Travel Clubs worldwide also offer advanced services to enhance airline brands by converting brand affinity into brand equity and adding new ancillary revenue from subscription fees. Further, the airlines are continuously focusing on boosting their margin and offering value-added services to the passengers to maintain a loyal relationship with frequent flyers. Thus, such programs drive the growth of the Europe airline ancillary services market.
Europe Airline Ancillary Services Market Overview
Europe accredits with having the world’s busiest airspace by reporting more than 20,000 flights a day and ∼ 500 million passengers flying every year. The Europe airline ancillary services market in the region is expected to become extensively competitive in the coming years, and the companies would be expected to follow the red-ocean strategy to survive the intense competition in the market. The region has already become a battleground for a mix of technology companies. Since the past couple of years, it has seen tremendous turbulence on the international and domestic front due to the situations such as the COVID-19 pandemic and Ukraine and Russia war. The Russia–Ukraine war and the resulting airspace closures have significantly impacted the airline ancillary services market. With Russia banning the use of routes crossing its airspace and the European Union reciprocating by banning Russian airlines, flights have been canceled or forced to take costly detours. This has led to a decline in airline shares and disruptions in cargo traffic, exacerbating global supply chain challenges. The war has also affected aircraft leasing and prompted airlines to suspend or cancel flights, reducing ancillary service revenues. In June 2022, Lufthansa Group announced flight cancellations and delays due to the restricted European airspace caused by the war, leading to “massive bottlenecks” in the sky. These disruptions have further exacerbated the challenges faced by airlines, including staff shortages and resource limitations, impacting the provision of ancillary services to passengers.
Europe Airline Ancillary Services Market Revenue and Forecast to 2030 (US$ Bn)
Europe Airline Ancillary Services Market Segmentation
The Europe airline ancillary services market is segmented into type, carrier type, and country.
Based on type, the Europe 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 Europe 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 Europe airline ancillary services market is segmented into the UK, Germany, France, Sweden, Spain, Russia, Norway, Denmark, Finland, Austria, and the Rest of Europe. The UK dominated the Europe airline ancillary services market share in 2022.
Air France KLM SA, Delta Air Lines Inc, Deutsche Lufthansa AG, EasyJet Plc, Ryanair Holdings Plc, and United Airlines Holdings Inc are some of the leading companies operating in the Europe airline ancillary services market.
Summary Info
| Industry: | |
|---|---|
| Pricing options: | |
| Publishing status: | |
| Geographical coverage: | |
| Year of Publication: |
According to the research team’ research, the Europe airline ancillary services market was valued at US$ 45,758.75 million in 2022 and is expected to reach US$ 188,212.30 million by 2030, registering a CAGR of 19.3% from 2022 to 2030. Rising preference of air travel by middle-income passengers, benefits of frequent flyer program, start-ups present new ancillary revenue opportunities, and in-flight retail partnerships are among the critical factors attributed to the Europe airline ancillary services market expansion.
Many start-ups are entering the market with advanced services and investing a huge amount to fulfill the growing demand of their customers. In the global aviation industry, low-cost carriers are gaining immense importance. The robust business models for ticketing, airport services, and onboard services facilitate the low-cost carriers to attract passengers from all classes of society. The increasing demand from passengers for additional services, such as inflight food and beverages, Wi-Fi, and retail, has encouraged several start-ups to come up with additional services to entertain passengers during a long journey. The Future Travel Experience (FTE) brings together the most progressive start-ups, corporates, and scaleups in the air transport industry to provide an exclusive platform to meet the mounting requirement of the passengers. Air France adopted Shoppertainment to offer well-equipped Wi-Fi connectivity to its passengers during long and medium-haul flight journeys. Thus, the implementation of such initiatives by start-ups to provide additional services to the passengers will most likely boost the airline ancillary services market.
On the contrary, cost cutting on airline services is impacting negatively on the growth of Europe airline ancillary services market.
Based on type, the Europe 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 58.3% market share in 2022, amassing US$ 26.66 billion. It is projected to garner US$ 105.39 billion by 2030 to expand at 18.7% CAGR during 2022–2030.
Based carrier type, the Europe airline ancillary services market is bifurcated into full-service carriers and low-cost carriers. The full-service carriers segment held 67.2% share of Europe airline ancillary services market in 2022, amassing US$ 30.75 billion. It is projected to garner US$ 121.20 billion by 2030 to expand at 18.7% CAGR during 2022–2030.
Based on country, the Europe airline ancillary services market has been categorized into the UK, Germany, France, Sweden, Spain, Russia, Norway, Denmark, Finland, Austria, and the Rest of Europe. Our regional analysis states that the UK captured 27.9% share of Europe airline ancillary services market in 2022. It was assessed at US$ 12.76 billion in 2022 and is likely to hit US$ 59.90 billion by 2030, exhibiting a CAGR of 21.3% during 2022–2030.
Key players operating in the Europe airline ancillary services market are Air France KLM SA, Delta Air Lines Inc, Deutsche Lufthansa AG, EasyJet Plc, Ryanair Holdings Plc, and United Airlines Holdings Inc, among others.
In July 2022, easyJet is taking steps to improve the customer experience with a series of initiatives for the summer travel season. These include a dedicated customer hotline for families, extended customer service hours, “Helping Hands” at key airports, and the reintroduction of the Twilight Bag Drop service. The airline aims to provide additional support and convenience to passengers, showcasing its commitment to enhancing ancillary services.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe 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 Europe 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 Europe 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. Europe 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. Europe Airline Ancillary Services Market – Key Industry Dynamics
5.1 Europe 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 – Europe Market Analysis
6.1 Europe Airline Ancillary Services Market Revenue (US$ Billion), 2022 – 2030
6.2 Europe Airline Ancillary Services Market Forecast and Analysis
7. Europe 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. Europe 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. Europe Airline Ancillary Services Market – Country Analysis
9.1 Overview
9.1.1 Europe Airline Ancillary Services Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Europe Airline Ancillary Services Market Breakdown by Country
9.1.1.2 UK: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.2.1 UK: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.2.2 UK: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.3 Germany: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.3.1 Germany: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.3.2 Germany: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.4 France: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.4.1 France: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.4.2 France: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.5 Sweden: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.5.1 Sweden: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.5.2 Sweden: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.6 Spain: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.6.1 Spain: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.6.2 Spain: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.7 Russia: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.7.1 Russia: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.7.2 Russia: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.8 Norway: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.8.1 Norway: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.8.2 Norway: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.9 Denmark: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.9.1 Denmark: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.9.2 Denmark: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.10 Finland: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.10.1 Finland: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.10.2 Finland: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.11 Austria: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.11.1 Austria: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.11.2 Austria: Europe Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.12 Rest of Europe: Europe Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.12.1 Rest of Europe: Europe Airline Ancillary Services Market Breakdown by Type
9.1.1.12.2 Rest of Europe: Europe 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. Europe 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 EasyJet Plc
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 Deutsche Lufthansa AG
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 Ryanair Holdings Plc
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. Europe Airline Ancillary Services Market Segmentation
Table 2. Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion)
Table 3. Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion) – Type
Table 4. Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion) – Carrier Type
Table 5. UK: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 6. UK: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 7. Germany: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 8. Germany: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 9. France: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 10. France: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 11. Sweden: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 12. Sweden: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 13. Spain: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 14. Spain: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 15. Russia: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 16. Russia: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 17. Norway: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 18. Norway: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 19. Denmark: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 20. Denmark: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 21. Finland: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 22. Finland: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 23. Austria: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 24. Austria: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 25. Rest of Europe: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 26. Rest of Europe: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 27. Company Positioning & Concentration
Table 28. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Airline Ancillary Services Market Segmentation, By Country
Figure 2. Ecosystem: Europe Airline Ancillary Services Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Europe Airline Ancillary Services Market Breakdown by Country, 2022 and 2030 (%)
Figure 5. Europe Airline Ancillary Services Market Revenue (US$ Billion), 2022 – 2030
Figure 6. Europe 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. Europe 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. Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 16. Europe Airline Ancillary Services Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. UK: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 18. Germany: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 19. France: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 20. Sweden: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 21. Spain: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 22. Russia: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 23. Norway: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 24. Denmark: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 25. Finland: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 26. Austria: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 27. Rest of Europe: Europe Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 28. Heat Map Analysis By Key Players
The List of Companies – Europe Airline Ancillary Services Market
o Air France KLM SA
o Delta Air Lines Inc
o Deutsche Lufthansa AG
o EasyJet Plc
o Ryanair Holdings Plc
o United Airlines Holdings Inc
You must be logged in to post a review.
Reviews
There are no reviews yet.