South & Central America Airline Ancillary Services Market Forecast to 2030
South & Central America 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
Benefits of Frequent Flyer Program Drives the South & Central America 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. Thus, such programs drive the growth of the South & Central America airline ancillary services market.
South & Central America Airline Ancillary Services Market Overview
The revenue strategies of airline ancillary service providers in South & Central America are becoming prominent moderately as the airline businesses in the region are thriving to reduce their fare prices and focusing more on the elevation of their non-ticket revenue. South & Central America has been lately envisioning significant encouragement of low-cost carrier and ultra low-cost carrier are further baiting the growth of ancillary services in South & Central America. In May 2023, Aeromexico announced a strategic alliance with Delta Air Lines and investments in enhancing its inflight customer experience. By offering elevated meal choices, digital self-service options, and personalized experiences, Aeromexico aims to provide exceptional services to its passengers. The expansion of routes and increased connectivity efficiency through the alliance further contribute to the demand for ancillary services such as booking itineraries, baggage tracking, and flight change management, fostering the growth of the South & Central America airline ancillary services market in South & Central America.
South & Central America Airline Ancillary Services Market Revenue and Forecast to 2030 (US$ Bn)
South & Central America Airline Ancillary Services Market Segmentation
The South & Central America airline ancillary services market is segmented into type, carrier type, and country.
Based on type, the South & Central America 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 South & Central America 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 South & Central America airline ancillary services market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America airline ancillary services market in 2022.
Air France KLM SA, Delta Air Lines Inc, Deutsche Lufthansa AG, and United Airlines Holdings Inc are some of the leading companies operating in the South & Central America airline ancillary services market.
Summary Info
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According to the research team’ research, the South & Central America airline ancillary services market was valued at US$ 9,111.90 million in 2022 and is expected to reach US$ 33,185.87 million by 2030, registering a CAGR of 17.5% from 2022 to 2030. Rising middle class to contribute to increased demand for air travel, growing contribution of frequent flyer program (FFP) towards enhancing the ancillary revenue, and in-flight retail partnerships are the critical factors attributed to the South & Central America 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. 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 South & Central America airline ancillary services market.
On the contrary, cost cutting on airline services is impacting negatively on the growth of South & Central America airline ancillary services market.
Based on type, the South & Central America 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 60.0% market share in 2022, amassing US$ 5.47 billion. It is projected to garner US$ 18.51 billion by 2030 to expand at 16.5% CAGR during 2022–2030.
Based carrier type, the South & Central America airline ancillary services market is bifurcated into full-service carriers and low-cost carriers. The full-service carriers segment held 71.4% share of South & Central America airline ancillary services market in 2022, amassing US$ 6.51 billion. It is projected to garner US$ 22.67 billion by 2030 to expand at 16.9% CAGR during 2022–2030.
Based on country, the South & Central America airline ancillary services market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 62.2% share of South & Central America airline ancillary services market in 2022. It was assessed at US$ 5.67 billion in 2022 and is likely to hit US$ 20.45 billion by 2030, exhibiting a CAGR of 17.4% CAGR during 2022–2030.
Key players operating in the South & Central America airline ancillary services market are Air France KLM SA, Delta Air Lines Inc, Deutsche Lufthansa AG, and United Airlines Holdings Inc, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America 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 South & Central America 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 South & Central America 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
Table of Content
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. South & Central America 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. South & Central America Airline Ancillary Services Market – Key Industry Dynamics
5.1 South & Central America 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 – South & Central America Market Analysis
6.1 South & Central America Airline Ancillary Services Market Revenue (US$ Billion), 2022 – 2030
6.2 South & Central America Airline Ancillary Services Market Forecast and Analysis
7. South & Central America 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. South & Central America 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. South & Central America Airline Ancillary Services Market – Country Analysis
9.1 Overview
9.1.1 South & Central America Airline Ancillary Services Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 South & Central America Airline Ancillary Services Market Breakdown by Country
9.1.1.2 Brazil: South & Central America Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.2.1 Brazil: South & Central America Airline Ancillary Services Market Breakdown by Type
9.1.1.2.2 Brazil: South & Central America Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.3 Argentina: South & Central America Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.3.1 Argentina: South & Central America Airline Ancillary Services Market Breakdown by Type
9.1.1.3.2 Argentina: South & Central America Airline Ancillary Services Market Breakdown by Carrier Type
9.1.1.4 Rest of South & Central America: South & Central America Airline Ancillary Services Market Revenue and Forecasts to 2030 (US$ Bn)
9.1.1.4.1 Rest of South & Central America: South & Central America Airline Ancillary Services Market Breakdown by Type
9.1.1.4.2 Rest of South & Central America: South & Central America 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. South & Central America 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 Air France KLM SA
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
13. Appendix
13.1 About Research Team
13.2 Word Index
LIST OF TABLES
Table 1. South & Central America Airline Ancillary Services Market Segmentation
Table 2. South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion)
Table 3. South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion) – Type
Table 4. South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Billion) – Carrier Type
Table 5. Brazil: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 6. Brazil: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 7. Argentina: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 8. Argentina: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 9. Rest of South & Central America: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Type
Table 10. Rest of South & Central America: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn) – By Carrier Type
Table 11. Company Positioning & Concentration
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. South & Central America Airline Ancillary Services Market Segmentation, By Country
Figure 2. Ecosystem: South & Central America Airline Ancillary Services Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America Airline Ancillary Services Market Breakdown by Country, 2022 and 2030 (%)
Figure 5. South & Central America Airline Ancillary Services Market Revenue (US$ Billion), 2022 – 2030
Figure 6. South & Central America 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. South & Central America 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. South & Central America Airline Ancillary Services Market, by key Country- Revenue (2022) (US$ Bn)
Figure 16. South & Central America Airline Ancillary Services Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. Brazil: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 18. Argentina: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 19. Rest of South & Central America: South & Central America Airline Ancillary Services Market Revenue and Forecasts To 2030 (US$ Bn)
Figure 20. Heat Map Analysis By Key Players
The List of Companies – South & Central America Airline Ancillary Services Market
o Air France KLM SA
o Delta Air Lines Inc
o Deutsche Lufthansa AG
o United Airlines Holdings Inc
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