Aircraft Catering Vehicle Market Predicted to Grow Expeditiously: to Surpass $ 37.95 Billion by 2032

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The aircraft catering vehicle market plays a crucial role in the aviation industry, providing catering services to airlines for in-flight meals and beverage services.

The global aircraft catering vehicle market size is expected to reach USD 37.95 billion by 2032, according to a new study by Polaris Market Research. The report "Aircraft Catering Vehicle Market Share, Size, Trends, Industry Analysis Report, By Aircraft Type (Commercial, Private, Cargo); By Catering Service Type; By Platform Height; By Payload Capacity; By Region; Segment Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Aircraft catering vehicles play a crucial role in the management of catering services to passengers and cargo transportation. The increasing global agreements for the welfare of travelers and catering services in the aircraft industry are creating new growth potential for the global market. For instance, the International Air Transport Association (IATA) released its updated Standard in-flight Catering Agreement (SICA) in collaboration with the Airline Catering Association in 2022. This SICA template is likely to enhance vehicle catering procurement around the world.

Furthermore, IATA handles approximately 300 airlines, accounting for 83% of the global air traffic. This agreement may positively assist airlines and caterers in efficiently managing and resolving traveler issues and enabling them to meet passengers' pleasant travel expectations.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.polarismarketresearch.com/industry-analysis/aircraft-catering-vehicle-market/request-for-sample

Growing expansion activities are widening the expansion of the global market. AURELIUS Group, a private equity firm, completed the acquisition of airline catering and retail company LSG Group in October 2023. This will create new investment opportunities in the market, which may contribute to the rising research and development activities, driving innovations in the marketplace.

Furthermore, according to the SATS press release, it registered a rise in revenue from SGD 823.1 million to SGD 1.2 billion in FY2024 from SGD 375.5 in 1Q, attributable to the revenue contribution from its recently acquired company WFS and increased flight handles. Meals served by the company after the acquisition increased by 120% from a year ago to 12 million, in line with the travel recovery. This demonstrates the ongoing rise in the need for food on air travel, which will further create demand for catering vehicles.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

𝐀𝐢𝐫 𝐓𝐫𝐚𝐯𝐞𝐥 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧:

The growth of the aviation industry, marked by an increase in air travel and the number of flights, is a significant driver for the aircraft catering vehicle market. As more airlines expand their fleets and routes, the demand for efficient and reliable catering services, including catering vehicles, also grows.

𝐄𝐦𝐩𝐡𝐚𝐬𝐢𝐬 𝐨𝐧 𝐏𝐚𝐬𝐬𝐞𝐧𝐠𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞:

Airlines are placing an increased emphasis on enhancing the overall passenger experience, and in-flight catering is a crucial aspect of this effort. Catering vehicles play a role in ensuring that airlines can provide a wide range of high-quality meals and beverages to passengers, contributing to positive customer satisfaction and loyalty.

𝐒𝐭𝐫𝐢𝐧𝐠𝐞𝐧𝐭 𝐅𝐨𝐨𝐝 𝐒𝐚𝐟𝐞𝐭𝐲 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬:

The aviation industry is subject to stringent regulations, including those related to food safety. Catering vehicles must comply with these regulations to ensure the safe handling, storage, and transportation of food and beverages. The need for adherence to food safety standards drives the demand for modern and technologically advanced catering vehicles.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3131/2

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬:

𝐌𝐞𝐚𝐥 𝐚𝐧𝐝 𝐁𝐞𝐯𝐞𝐫𝐚𝐠𝐞 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬:

The primary application of aircraft catering vehicles is to provide meal and beverage services to passengers during flights. These vehicles are equipped with facilities for storing, preparing, and serving a variety of meals and beverages to meet the diverse preferences of airline passengers.

𝐒𝐩𝐞𝐜𝐢𝐚𝐥𝐢𝐳𝐞𝐝 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐟𝐨𝐫 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐂𝐥𝐚𝐬𝐬𝐞𝐬:

Some airlines offer premium classes with upgraded in-flight services, including gourmet meals and a higher standard of catering. Catering vehicles play a role in delivering specialized and premium catering services for passengers in first class, business class, and other premium cabins.

𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐟𝐨𝐫 𝐂𝐡𝐚𝐫𝐭𝐞𝐫 𝐚𝐧𝐝 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐅𝐥𝐢𝐠𝐡𝐭𝐬:

Catering vehicles are also utilized for charter and private flights where passengers have specific preferences and requirements. These vehicles are equipped to handle customized catering services tailored to the needs of private jet travelers, including high-net-worth individuals, executives, and celebrities.

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

The commercial segment is anticipated to witness the highest growth in the coming years due to the presence of the largest air travelers.

In-flight meals segment accounted for the largest market share owing to the requirements of higher storage.

The more than 6m segment is projected to experience a larger revenue share due to the establishment of larger aircraft in the global space.

Asia Pacific will grow at a rapid pace, owing to the growing establishments of flight kitchen services.

The global players include Doll Fahrzeugbau, EAGLE INDUSTRIES DWC, Global Ground Support, and Jiangsu Tianyi Airport Special Equipment.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐚𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐚𝐧𝐝 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 @ https://www.polarismarketresearch.com/industry-analysis/aircraft-catering-vehicle-market/request-for-discount-pricing

𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐚𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐜𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐩𝐨𝐫𝐭 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐚𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐭𝐲𝐩𝐞, 𝐜𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞 𝐭𝐲𝐩𝐞, 𝐩𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐡𝐞𝐢𝐠𝐡𝐭, 𝐩𝐚𝐲𝐥𝐨𝐚𝐝 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧:

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞, 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

Commercial Aircraft
Private Aircraft
Cargo Aircraft

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞, 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐓𝐲𝐩𝐞 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

In-Flight Meals
Beverages and Snacks

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞, 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐇𝐞𝐢𝐠𝐡𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

Less than 4 m
4 to 6 m
More than 6 m

𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐂𝐚𝐭𝐞𝐫𝐢𝐧𝐠 𝐕𝐞𝐡𝐢𝐜𝐥𝐞, 𝐏𝐚𝐲𝐥𝐨𝐚𝐝 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 (𝐑𝐞𝐯𝐞𝐧𝐮𝐞 - 𝐔𝐒𝐃 𝐁𝐢𝐥𝐥𝐢𝐨𝐧, 𝟐𝟎𝟏𝟗 - 𝟐𝟎𝟑𝟐)

Low capacity (Less than 2000 kg)
Medium capacity (2000 kg to 4000 kg)
High capacity (More than 4000 Kg)

𝐓𝐡𝐞 𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐂𝐨𝐯𝐞𝐫𝐬 𝐅𝐨𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐊𝐞𝐲 𝐑𝐞𝐠𝐢𝐨𝐧𝐬:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the rest of South America)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐌𝐨𝐫𝐞:

𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐞𝐝 𝐖𝐨𝐫𝐤𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/connected-worker-market-transforming-industries-through-mohit-harne-n2aqf

𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐀𝐜 𝐌𝐨𝐭𝐨𝐫𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/electric-ac-motors-market-powering-progress-sustainable-dbhjf

𝐕𝐢𝐛𝐫𝐚𝐭𝐢𝐨𝐧 𝐌𝐨𝐧𝐢𝐭𝐨𝐫𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/vibration-monitoring-market-enhancing-reliability-mp0gf

𝐇𝐢𝐠𝐡-𝐄𝐧𝐝 𝐋𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.linkedin.com/pulse/high-end-lighting-market-illuminating-luxury-cutting-edge-m605f

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

This release was published on openPR.