Market Overview:
The global inflight shopping market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for retail services and products among passengers, especially in the Asia Pacific region. Inflight shopping is a type of retail service that allows passengers on board an aircraft to purchase items such as food, beverages, duty-free items, and other products from a catalog or onboard store. The global inflight shopping market can be segmented on the basis of type into full service and low cost airlines. The full service airlines segment is expected to account for a larger share of the global inflight shopping market than the low cost airlines segment during the forecast period. This can be attributed to factors such as better amenities and services offered by full service airlines as compared with low cost carriers and growing demand for luxury travel among passengers worldwide. On the basis of application, adults are expected to account for a larger share ofthe global inflight shopping market than children duringthe forecast period owingto their higher spending powerand propensitytowards luxurygoods&services .
Product Definition:
Inflight shopping is the purchase of items by passengers while on a plane. This can include drinks, snacks, and other small items. Inflight shopping is important because it allows passengers to purchase items without having to leave the plane. This can be convenient for passengers who are in a hurry or who do not want to miss their flight.
Full Service:
Full-service Inflight includes all the facilities that a passenger needs while traveling, be it for business or leisure. It has been defined as offering every service that is available in an airline ticket price range, with no additional fees or charges.
Low Cost:
Low cost is an airline ticket that costs less than USD 1000. Low cost airlines are gaining popularity among the consumers as they provide cheap airfares along with other benefits such as low-cost checked baggage, advance seat purchase, and low-cost carry-on bags. These carriers also offer lower priced food and beverages on board, in comparison to high priced food offered by premium airlines.
The global inflight shopping market size was valued at USD 5.5 billion in 2015.
Application Insights:
Adults application segment accounted for the largest share of more than 60.0% in 2017. The adults application segment includes full-service and low-cost airlines. Full service airlines provide various facilities such as in-flight entertainment, meals and beverages, checked baggage, Wi-Fi access on board aircrafts among others while low cost carriers offer budget fares but lack some of the above mentioned facilities offered by full service airlines. Thus adult passengers prefer to use their frequent flyer programs or credit cards to earn miles or points which can be later redeemed for air tickets at a higher value thus driving the demand for in flight shopping among adults applications.
The children's application segment is expected to witness significant growth over the forecast period owing to increasing number of budget carriers offering cheap airfares along with other benefits such as video games/electronics kits and toys during flights which attracts children towards flying with them thereby driving demand for in flight shopping among children applications.
Regional Analysis:
North America dominated the global inflight shopping market with a revenue share of over 40% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing air travel and rising expenditure on luxury travel by consumers. Moreover, growing demand for electronic devices such as laptops, tablets and smartphones has led to an increase in sales of these products during flights. This trend is projected to continue driving regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing high population density.
Growth Factors:
- Increasing demand for in-flight shopping due to the growth of air travel and the rise in disposable income of passengers.
- The increasing trend of online retail is also contributing to the growth of in-flight shopping as passengers prefer buying products and services while travelling.
- Airlines are offering a wider range of products and services through their inflight shopping portals, making it more convenient for passengers to purchase what they need during their flight journey.
- The growing popularity of loyalty programs offered by airlines is also encouraging passengers to shop more on board flights, as they can earn rewards points that can be redeemed later on for discounts or other benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Inflight Shopping Market Research Report
By Type
Full Service, Low Cost
By Application
Adults, Children
By Companies
Inmarsat plc, Lufthansa, AirAsia Group, The Emirates Group, Swiss International Air Lines AG, Thomas Cook Airlines Ltd., Singapore Airlines Limited, EasyJet Airline Company Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Inflight Shopping Market Report Segments:
The global Inflight Shopping market is segmented on the basis of:
Types
Full Service, Low Cost
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adults, Children
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Inmarsat plc
- Lufthansa
- AirAsia Group
- The Emirates Group
- Swiss International Air Lines AG
- Thomas Cook Airlines Ltd.
- Singapore Airlines Limited
- EasyJet Airline Company Limited
Highlights of The Inflight Shopping Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Full Service
- Low Cost
- By Application:
- Adults
- Children
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Inflight Shopping Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Inflight shopping is the practice of purchasing items while on an airplane. This can be done in a variety of ways, including buying food and drinks, making purchases from the duty-free shop, or browsing through the various stores that are available on board.
Some of the major companies in the inflight shopping market are Inmarsat plc, Lufthansa, AirAsia Group, The Emirates Group, Swiss International Air Lines AG, Thomas Cook Airlines Ltd., Singapore Airlines Limited, EasyJet Airline Company Limited.
The inflight shopping market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Inflight Shopping Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Inflight Shopping Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Inflight Shopping Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Inflight Shopping Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Inflight Shopping Market Size & Forecast, 2018-2028
4.5.1 Inflight Shopping Market Size and Y-o-Y Growth
4.5.2 Inflight Shopping Market Absolute $ Opportunity
Chapter 5 Global Inflight Shopping Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Inflight Shopping Market Size Forecast by Type
5.2.1 Full Service
5.2.2 Low Cost
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Inflight Shopping Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Inflight Shopping Market Size Forecast by Applications
6.2.1 Adults
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Inflight Shopping Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Inflight Shopping Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Inflight Shopping Analysis and Forecast
9.1 Introduction
9.2 North America Inflight Shopping Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Inflight Shopping Market Size Forecast by Type
9.6.1 Full Service
9.6.2 Low Cost
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Inflight Shopping Market Size Forecast by Applications
9.10.1 Adults
9.10.2 Children
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Inflight Shopping Analysis and Forecast
10.1 Introduction
10.2 Europe Inflight Shopping Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Inflight Shopping Market Size Forecast by Type
10.6.1 Full Service
10.6.2 Low Cost
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Inflight Shopping Market Size Forecast by Applications
10.10.1 Adults
10.10.2 Children
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Inflight Shopping Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Inflight Shopping Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Inflight Shopping Market Size Forecast by Type
11.6.1 Full Service
11.6.2 Low Cost
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Inflight Shopping Market Size Forecast by Applications
11.10.1 Adults
11.10.2 Children
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Inflight Shopping Analysis and Forecast
12.1 Introduction
12.2 Latin America Inflight Shopping Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Inflight Shopping Market Size Forecast by Type
12.6.1 Full Service
12.6.2 Low Cost
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Inflight Shopping Market Size Forecast by Applications
12.10.1 Adults
12.10.2 Children
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Inflight Shopping Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Inflight Shopping Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Inflight Shopping Market Size Forecast by Type
13.6.1 Full Service
13.6.2 Low Cost
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Inflight Shopping Market Size Forecast by Applications
13.10.1 Adults
13.10.2 Children
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Inflight Shopping Market: Competitive Dashboard
14.2 Global Inflight Shopping Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inmarsat plc
14.3.2 Lufthansa
14.3.3 AirAsia Group
14.3.4 The Emirates Group
14.3.5 Swiss International Air Lines AG
14.3.6 Thomas Cook Airlines Ltd.
14.3.7 Singapore Airlines Limited
14.3.8 EasyJet Airline Company Limited
