Press release
Aircraft Galley Carts Industry Growth Outlook: 6.4% CAGR and $5.46 Billion by 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.What Is the Long-Term Growth Forecast for the Aircraft Galley Carts Market Size 2025?
In recent times, the market for aircraft galley carts has seen robust growth. The market value is expected to rise from $4.01 billion in 2024 to $4.26 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 6.5%. The expansion during the historic phase can be linked to the increase in air travel, attention to passenger experience, adherence to regulations, global expansion of airline services, and the need for operational efficiency.
What CAGR is Forecasted for the Aircraft Galley Carts Market Through 2029?
Expectations are for the aircraft galley carts market to experience significant growth in the upcoming years, expanding to $5.46 billion by 2029 with a compound annual growth rate (CAGR) of 6.4%. This anticipated growth during the forecast period is attributed to factors such as the increasing popularity of premium cabin services, a focus on environmental sustainability, implementation of cutting-edge catering technologies, adaptation to evolving airline business structures, and a heightened emphasis on cleanliness and safety. The forecast period is set to witness trends such as the adoption of energy-saving technologies, adherence to aviation rules, remote supervision and servicing, improved connectivity and entertainment, and the introduction of contact-free technologies.
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What Are the Critical Factors Driving Aircraft Galley Carts Market Development?
The aircraft galley cart market is anticipated to expand due to the growing number of air passengers. The term 'air passenger traffic' refers to the cumulative number of individuals travelling on commercial flights within a set timeframe, such as days, months, or years. Aircraft galley carts are essential for the efficient storage, transportation, and distribution of meals, snacks, and beverages to passengers during flights. For example, the International Air Transport Association, based in Canada, reported an increase of 55.5% in total traffic (measured in Revenue Passenger Kilometers (RPK)) in February 2023 compared to the same month the previous year. Additionally, domestic air traffic for February 2023 saw an increase by 25.2% in comparison to February 2022. Thus, a surge in air passenger traffic is fueling the demand for aircraft galley carts.
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How Does the Aircraft Galley Carts Market Break Down Across Major Segments?
The aircraft galley carts market covered in this report is segmented -
1) By Type: Meal Or Bar Trolley, Waste Trolley, Folding Trolley, Other Types
2) By Size: Full Size, Half Size
3) By Application: Narrow Body Aircraft, Wide Body Aircraft, Very Large Aircraft
Subsegments:
1) By Meal Or Bar Trolley: Standard Meal Trolley, Beverage Cart, Snack Cart
2) By Waste Trolley: Standard Waste Trolley, Recycling Trolley
3) By Folding Trolley: Lightweight Folding Trolley, Heavy-Duty Folding Trolley
4) By Other Types: Storage Cart, Service Cart
What Are the Major Trends Transforming the Aircraft Galley Carts Industry?
Progressions in technology are emerging as a prevalent movement in the aircraft galley carts market. Mainstream ventures in this market arena are embracing innovative technologies to maintain their market standing. For instance, Diehl Aviation, a German aerospace enterprise, launched eSmartGalley in June 2022. It transforms the aircraft cabin experience with the inclusion of advanced technologies and cabin communication frameworks for the advantage of airline operators, crew, and passengers. It integrates up-to-the-minute elements like digital inventory administration and RFID-trolley detection, minimizing crew duties and enabling prioritization of passenger requirements. This leads to refined and personalized services and generates openings for supplementary income streams. Using the eSmartGalley, functionalities such as intercom, checklists, passenger orders via airline apps, power levels, refrigeration tracking, and safety assessments can be supervised and fine-tuned in real time from any cabin location using cabin attendant panels or mobile devices. This Internet of Things (IoT) based innovation allows airlines to gather, process, and disseminate data, equipping them to provide predictive health management and other data-born services.
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Which Players Are Driving Innovation in the Aircraft Galley Carts Market?
Major companies operating in the aircraft galley carts market include Safran Cabin, Diehl Stiftung & Co. KG, Zodiac Aerospace, Jamco Corporation, AIM Altitude, Geven S.p.A., MySky SkyCart, Dedienne Aerospace, Lacobucci HF Aerospace S.p.A., Driessen Aircraft Interiors Systems, Egret Aviation Co. Ltd., Aerolux Ltd., Rockwell Collins Inc., Norduyn Inc., Bucher Group, Flightweight, Korita Aviation, B/E Aerospace, Aeroservey Product Co. Ltd., VanDeBord, Guoguang Electric Co. Ltd. Chengdu, STEINCO, Jeitek, EnCore Group
Which Regions Are Driving Global Aircraft Galley Carts Market Expansion?
North America was the largest region in the aircraft galley carts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft galley carts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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