A recent report published by Infinium Global Research on the airline retailing market provides an in-depth analysis of segments and sub-segments in the global as well as regional airline retailing market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional airline retailing market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global airline retailing market. According to the report, the global airline retailing market is projected to grow at a CAGR of 14.0% over the forecast period of 2019-2025.
The airline retailing is a set of projects and activities that build new capabilities that help the industry to participate in the digital transformation. Airline retailing is closely linked to the common goal of enhancing the shop-order-pay to improve capabilities, to support product flexibility, consistency across channels, and consent on forms of payment from customers and remittance from agents and their associated costs. The airline retailing is one of the most significant developments in marketing and customer experience in decades.
Airline customer’s expectations for personalized real-time information, offers, and seamless transactions are growing. Furthermore, the growing trend of shopping at the airports, various airlines are partnering with retailers, and are offering products at discounted prices. This is driving the demand for airline retailing market. Further, several airline companies are introducing advanced technologies to boost their retailing business. The growing trend of adoption of budding technologies such as artificial intelligence (AI) and analytics into retailing sector ensures the airlines to understand customer preferences. This makes the company invest in new and flexible product offerings. Additionally, the increasing number of low-cost carriers offering both pre-boarding and post-boarding duty-free shopping attract a significant percentage of air passengers, thus, driving the airline retailing market. However, political unrest hampering the growth of the airline retailing market. Moreover, the increasing customer experience at airports provides growth opportunities for the airline retailing market
North America holds the largest share in the airline retailing market owing to the highly developed countries that witnessing high growth in its airline sector. Further, the continuous support from the government to promote low-cost carriers is providing a growth to the airline retailing market. It is one of the most jam-packed regions in terms of the number of airlines as well as aircraft fleets.
The report on the global airline retailing market covers segments such as retail type, shopping type, and carrier type. On the basis of retail type, the sub-markets include pre-boarding, and post-boarding. On the basis of shopping type, the sub-markets include accessories market, alcohol market, beauty products market, merchandise market, and other markets. On the basis of carrier type, the sub-markets include full-service carrier market, and low-cost carrier market.
The report provides profiles of the companies in the market such as AirAsia Group Berhad, Air France/KLM, 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.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of airline retailing market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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