Market Research Future Insights
According to MRFR analysis, the global Inflight Shopping Market is expected to register a CAGR of 5.45% from 2022 to 2030 and hold a value of over USD 9.87 Billion by 2030.
An exponential increase in the number of passengers travelling via air is projected to be the primary driver for the growth of the online in-flight shopping market. Despite slower economic growth in numerous countries, the number of domestic and international passengers travelling by air has augmented, thereby boosting the market growth. However, healthy growth in the market is projected due to an increase in the expectation of flyers to have nutritious and healthy food is also projected to boost the market growth.
Due to the COVID-19 crisis, international travel has slowed down, which has suggestively affected airports’ duty-free sales. Many international flights have been cancelled during the lockdown period, which is anticipated to decrease the growth of the online in-flight shopping market outlook.
Key Players
Some of the key market players are Inmarsat plc (UK), Swiss International Air Lines AG (Switzerland), Thomas Cook Airlines Ltd. (UK), Singapore Airlines Limited (Singapore), EasyJet Airline Company Limited (UK), Lufthansa (Germany), AirAsia Group (Malaysia), and The Emirates Group (UAE)
Regional Analysis
North America dominated the online in-flight shopping market and accounted for the maximum market share during the forecast period. The U.S. commercial aviation infrastructure has expanded knowingly over the years, and in the current market, the industry is witnessing steep growth in terms of aircraft orders and deliveries. Growth in several aircraft deliveries to commercial airlines is creating the augmented potential for the online in-flight shopping market share.
Market Segmentation
The Global Inflight Shopping Market has been segmented into Aircraft class, Carrier type, and Shopping Type
Based on the Aircraft Class, The Global Inflight Shopping Market has been segmented into First Class, Business Class, Premium Economy Class and Economy Class
Based on the Carrier Type, The Global Inflight Shopping Market has been segmented into Full-Service and Low-Cost
Based on the Shopping Type, The Global Inflight Shopping Market has been segmented into Travel Essentials, Accessories, Beauty and Care, Children and others
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