Airline Retailing Market to Grow at 16.4% CAGR to Reach US$ 27.66 Bn by 2027 Led by Key Players Air France/ KLM, AirAsia Group Berhad British Airways Plc, Deutsche Lufthansa AG, Easy Jet PLC

According to the new research report published by The Insight Partners, titled “Airline Retailing Market - Global Analysis and Forecast to 2027”, the global airline retailing market is expected to reach US$ 27.66 Bn by 2027, registering a CAGR of 16.4% during the forecast period 2019-2027.

The Airline Retailing Market report is a window to the industry which explains what market definition, classifications, applications, engagements and market trends are. This global market report also identifies and analyses emerging trends along with major drivers, challenges and opportunities in industry with analysis on vendors, geographical regions, types, and applications. Various definitions and classifications of the Airline Retailing industry, applications of the platform, component, subsystem, and geography are given in this Airline Retailing report. With the use of excellent resources and latest tools, this best in class Airline Retailing Market research report has been created to aid your business growth.

The airline retail market is witnessing growth through the pre-boarding segment. This is due to the fact that the major airlines are offering an opportunity to the flyers to pre-book their merchandises, accessories, alcohol, and beauty products, among others during ticket booking. The airline customers also have the flexibility to purchase the products any time before their flights depending on the airline’s terms & conditions. The key benefit of the pre-booking of products is that customers can choose the delivery of the product at the airport or on-board. This benefits the passengers by carrying a lesser quantity of the luggage, which further reduces the risk of incurring excess baggage fees.

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The major players operating in the market for global airline retailing market Air France/ KLM, AirAsia Group Berhad British Airways Plc, Deutsche Lufthansa AG, Easy Jet PLC, Korean Air Lines Co., Ltd, Qantas Airways Limited Singapore Airlines Limited, Thai Airways International Public Co., Ltd, and The Emirates Group among others.

Key Benefits
 The study provides an in-depth analysis of the global Airline Retailing Market to elucidate the prominent investment pockets.
 Current trends and future estimations are outlined to determine the overall attractiveness and single out profitable trends to gain a stronger foothold in the market.
 The report provides information related to key drivers, restraints, and opportunities and their impact analysis.
 The market is analyzed based on various regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Airline Retailing Market – Global Analysis to 2027 is an exclusive and in-depth study which provides a comprehensive view of the market includes the current trend and future amplitude of the market with respect to the products/services. The report provides an overview of the Airline Retailing Market with the detailed segmentation by type, application, and region through in-depth traction analysis of the overall Smart Wearable industry. This report provides qualified research on the market to evaluate the key vendors by calibrating all the relevant products/services to understand the positioning of the major players in Airline Retailing Market.

The post-board retailing segment is experiencing turbulence in the current years, as several well-established full service carriers are ceasing their in-flight duty-free retail segment. This is majorly due to the rising trend of airport shopping and online shopping. To counter the trend of shopping at the airports, various airlines are partnering with retailers, and are offering products at discounted prices. Despite this strategy, multiple airlines are still facing a decline in their on-board retail revenues.

The report segments the global airline retailing market as follows:

Global Airline Retailing Market – By Retail Type
• Pre-Boarding
• Post-Boarding

Global Airline Retailing Market – By Shopping Type
• Accessories
• Alcohol
• Beauty Products
• Merchandise
• Others

Global Airline Retailing Market – By Carrier Type
• Full Service Carrier
• Low Cost Carrier

Airline Retailing Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2019 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

The future of the airline retailing market is prominent attributing to the fact that, several airline companies are introducing advanced technologies to boost their retailing business. The increasing trend of adoption of budding technologies such as artificial intelligence (AI) and analytics into retailing sector ensures the airlines to understand customer preferences. This enables the company to invest new and flexible product offerings, which is foreseen to drive the airline retailing market. Moreover, the increasing number of low cost carriers offering both pre-boarding and post-boarding duty-free shopping opportunities is anticipated to attract a significant percentage of air passengers, thus, catalyzing the growth of airline retailing market.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.