Presently, consumers across the world prefer to shop last minute and, in combination with a strong inflight Wi-Fi product, presents an opportunity to airlines across the globe. Inflight shopping offers a unique and exciting opportunity for airlines to get on-board. The on-board retail accelerates airline revenue and also surge customer satisfaction levels. The passengers perceive shopping as an enjoyable activity, which makes it a positive spending category. Thus, all the above factors drive the
MARKET DYNAMICS
The growing demand for next-generation aircraft and increasing Internet-based platforms drives the growth of the inflight shopping market. However, the improper inventory management and unavailability of products may restrain the development of the inflight shopping market. Furthermore, the rising preference for online shopping by passengers is anticipated to witness massive demand
MARKET SCOPE
The "Global Inflight Shopping Market Analysis to 2028" is a specialized and in-depth study of the inflight shopping market with a special focus on the global market trend analysis. The report aims to provide an overview of inflight shopping market with detailed market segmentation aircraft class, service type, and shopping type, and geography. The global inflight shopping market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading inflight shopping market players and offers key trends and opportunities in the inflight shopping market.
MARKET SEGMENTATION
The global inflight shopping market is segmented on the basis of aircraft class, service type, and shopping type. On the basis of aircraft class, the market is segmented as first class, business class, premium economy class, and economy class. On the basis of service type, the market is segmented as full service and low cost. On the basis of shopping type, the market is segmented as travel essentials, accessories, beauty and care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global inflight shopping market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The inflight shopping market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting inflight shopping market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the inflight shopping market in these regions.
MARKET PLAYERS
The reports cover key developments in the inflight shopping market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from inflight shopping market are anticipated to lucrative growth opportunities in the future with the rising demand for inflight shopping market. Below mentioned is the list of few companies engaged in the inflight shopping market.
The report also includes the profiles of key inflight shopping market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AirAsia Group
- airfree
- AVA Merchandising
- Finnair
- Inmarsat Global Limited
- Japan Airlines
- Lufthansa
- Singapore Airlines.
- SKYdeals
- The Emirates Group
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.