The airline ancillary market comprises ancillary revenue, which is the revenue generated from non-ticket sources, such as baggage fees, on-board food, and services. Various services generating revenue include baggage handling or seat selection, car wash services sold by gas stations, concessions at sporting events, and restaurant revenue received by hotel owners. This can also be called as the revenue derived from goods and services other than a company’s primary offering. The intended target audience comprises air transport associations, research institutes, regulatory bodies, and travel energies.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 : https://www.alliedmarketresearch.com/request-toc-and-sample/10876
COVID-19 scenario analysis
- Airline ancillary production is going to be more agile after the end of COVID-19.
- Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of airline ancillary across the globe, thereby increasing the supply–demand gap.
- Thus, insufficiency in raw material supply is expected to hamper the production rate of airline ancillary, which negatively impacts the market growth.
- However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Ancillary services are the support services that are provided by the airlines to improve passenger comfort and enhance the travel experience. In addition, many airlines from ultra-low-cost carriers to premium legacy carriers have been exploring this aspect. Moreover, to enhance the passenger travel experience, many services such as in-flight entertainment & connectivity solutions, sale of in-flight food & beverages, and availability of better seats at additional charges, boost the market for airline ancillary services. Furthermore, increase air passenger traffic is expected to boost the demand for airline ancillary services during the forecast period. However, the fluctuation in fuel prices and airport charges are likely to hinder the market growth during the forecasted period.
𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/airline-ancillary-market/purchase-options
Advancements in in-flight solutions to foster the growth
The concept of in-flight solutions in aspects of entertainment, comfort, and food & beverage is emerging as a robust trend in the airline industry. This is further creating opportunities for the global airline ancillary market. Moreover, increase in trend of building-your-own-device is urging the airline industry to provide diversity and optimum choice to customers in terms of in-flight services and solutions. Such factors are anticipated to boost the market potential globally during the forecast period.
Rise in air travel
The rapid growth in air passenger travel is driven by the rise in disposable income among the middle-class population across the world. This, in turn, is creating demand for the ancillary services in the airline industry. Moreover, a change in lifestyle along with rise in consumer expenditure for leisure activities and travel & tourism is accelerating the growth of the airline ancillary market. In addition, with increased purchasing power, consumers spend more on comfort and additional paid services, thereby bolstering the market growth.
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/10876
Key benefits of the report
- This study presents the analytical depiction of the global airline ancillary industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global airline ancillary market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in the coming years.
Questions answered in the global airline ancillary market research report:
- Which are the leading players active in the airline ancillary market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
Airline Ancillary Market Report Highlights
Aspects | Details |
By Type | Baggage Fees Onboard Retail & A la Carte Airline Retail FFP Miles Sale Others |
By Carrier Type | Full-Service Carrier Low-cost Carrier |
By Region | North America (U.S., Canada, Mexico) Europe (UK, Germany, France, Russia, Rest of Europe) Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific) LAMEA (Latin America, Middle East, Africa, Rest of LAMEA) |
Key Market Players | Southwest Airlines, American Airlines, EasyJet PLC, Delta Airlines Inc., Qantas Airways Ltd., Air France/KLM, The Emirates Group, Deutsche Lufthansa AG., United Airlines Inc., Ryanair DAC |
About Us :
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1–800–792–5285
UK: +44–845–528–1300
Hong Kong: +852–301–84916
India (Pune): +91–20–66346060
Fax: +1–800–792–5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com