Key Market Indicators
Air passenger traffic in India is set to soar to 112.7 million by 2026, a 0.9% growth year on year. Since 1975, demand for air travel in India has decreased by 8.6% on average. In 2021, India ranked third in the world, behind the United States which had 76.4 million passengers. The United States, India and Ireland were the top three countries in the ranking. Indian airline revenue is projected to reach $668.22 million by 2026, a 1.4% annual growth rate. Since 2013, the Indian market has declined by 0.5% each year. In 2021, India ranked 27th, behind Belgium with $562.03 million. Germany, the United Kingdom and Ireland filled out the top four spots.
India Air Passenger Transport Market Data and Forecasts
How much will India Air Passenger Transport Market grow to 2026?
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