Inflight Shopping Market Size, Share, Top Key Players Update, Sales, Industry Penetration, Business Opportunity and Global Forecast to 2024

Market Scenario

Market Research Future (MRFR) analyzed the Global Inflight Shopping Market 2020 through the review period till 2024. Between 2019 and 2024, the inflight shopping market can rise at 7.63% CAGR to earn decent revenue. The inflight shopping market analysis by MRFR shed light on causes and trends that can boost the market revenue. Changes in mode of inflight advertisement from traditional newsletters and magazines to online e-commerce platform is observed to positively impacted the global inflight shopping industry. Airlines are focusing on providing better travelling experience not only through catering services, but also via inflight shopping services.

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In addition, duty-free shopping offered by airlines can add to the market expansion in the forecast period. Rapid fleet expansion and increase in air traffic are additional causes that can support the global inflight shopping market expansion.

Key Players

Inmarsat plc (UK), Lufthansa (Germany), The Emirates Group (UAE), AirAsia Group (Malaysia), and Swiss International Air Lines AG (Switzerland) are companies that are listed by MRFR to gain insights into the growth dynamics of the Global Inflight Shopping Market.

Segment Analysis

The rise of the Inflight Shopping Market can be credited to the presence of robust inflight connectivity and wide acceptance of multiple e-commerce platforms by increasing number of passengers in the flight. The segment study of the market is done by carrier type, aircraft class, and shopping type.

The aircraft class-based segments of the global inflight shopping market are business class, first class, economy class, and premium economy class. The business class segment can register the high CAGR by 2024. The growing trend of duty-free inflight shopping service across the business class by different airlines and rise in demand for enhanced inflight shopping service among passengers can drive the segment growth.

Regional Study

The regional progress of the inflight shopping market is assessed across North America, Asia-Pacific, Europe, and the Middle East and Africa, following Latin America. North America inflight shopping market can surge at high pace across the study period. In Europe, the inflight shopping market can surge due to the availability of numerous facilities across business class by reputed airlines. In the Asia Pacific region, the market can thrive at rapid pace across the study period as affordable inflight shopping service providers are present in India and China among other APAC regions. Increase in air traffic across the region can fuel the market surge across the given period. At the same time, rise in aircraft deliveries through the Middle East and Africa can favor the regional market growth.

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