Press release
Airline Retailing Market To Witness Heavy Growth Prospects Via - AirAsia Berhad, British Airways, Korean Air Lines, Qantas Airways, The Emirates Group, Thai Airways International
The demand for airline retailing is increasing due to the growing incomes of the middle class in the developing world and the affordable prices of products merchandised by airlines. The travel retailers are progressively using digital technology to fascinate passengers into the stores as well as involve them during their travel journey and provide a better shopping experience. The low price, as well as the duty-free price of the commodity, is also bolstering the airline retailing market globally.The increasing tourism and retail promotion at airports are the prominent drivers of the airline retailing market. The rising number of low-cost carriers inclining towards offering their passengers with pre-boarding and post-boarding retailing options is creating opportunities in the airline retailing market during the forecast period.
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The global airline retailing market is segmented on the retail type, shopping type, and carrier type. Based on retail type, the market is segmented pre-boarding, and post-boarding. On the basis of shopping type, the market of segmented into accessories, alcohol, beauty products, merchandise, and others. Similarly, carrier type segment of the airline retailing market is analyzed on basis of full service carrier, and low-cost carrier.
Leading Key Players Operating In This Report are:
AirAsia Berhad - AIR FRANCE KLM - British Airways - Easy Jet Plc - Korean Air Lines Co., Ltd. - Deutsche Lufthansa AG - Qantas Airways Limited - Singapore Airlines Limited - Thai Airways International Public Co., ltd. - The Emirates Group.
Over the forecast period of 2019-2027, the Airline Retailing market is expected to experience a substantial growth rate. The report will highlight various factors such as drivers, futures trends and opportunities behind the growth rate. The report will also provide insights on how the market will behave during the forecast period, and its potential impact on market segments, sub-segments and industry verticals at short term, midterm and long term basis. The market numbers presented in the report, are also portrayed in the graphical format for developing better understanding and analyzing the market.
The Airline Retailing market size is derived primarily form the supply side (i.e. the market players operating in global Airline Retailing market) and therefore, revenue of all the prominent leading companies operating across the value chain are taken into consideration across regional, global and country level. Historical and current market information is collected from technical literature, paid databases, magazines, press releases, trade unions, company presentations, annual reports, and other information available in public domain. Additionally, the research team also refers various paid data sources such as Factiva, Hoovers, Bloomberg, and numerous other sources were also referred to derive company’s annual revenue, and other segment related financial information. Also, market forecasting and key industry trends information such as growth prospects, market composition, market dynamics, and segmentation confirmation is obtained from primary interviews with market participants including industry experts, regional managers, CEOs, market professional with substantial industry experienced.
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