1. Market Research
  2. > Transportation
  3. > Air Transport Market Trends
  4. > Airport

Business of Airports: Get Market Research and Figures

  • Currently 3/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
7 votes

Global Airport Market Research

The worldwide market for airport services exceeded $102 billion in 2010, having recorded 3% annual growth for the four preceding years, reports MarketLine. Market volume saw an almost 2% increase over the same four-year period. Entry and exit costs are high in this market, and it is nationally concentrated with a few large companies dominating.

The US leads the global airport industry, with the highest number of airports, reports Xerfi. Most of the world’s airports are located within the EU, North America and Asia.

The strongest performance in terms of passenger traffic growth is being witnessed in developing countries. Airports or airport operating outfits are public or semi-public for the most part, though the industry continues to witness an increasing degree of privatization, with greater emphasis on business.

Airport Retail

Global airport retailing recorded a sharp fall in sales in 2009, but has witnessed recovery more recently. Growth has been fuelled mainly by passenger volumes, rising steeply in developing markets, without a spend-per-passenger increase. Research from Verdict predicts the global airport retailing market will witness almost 45% growth in the five-year period ending 2015. Expansion will mainly come from emerging countries, with Asia Pacific in particular set to exceed 76% growth. The Middle East and Africa are also expected to record around 40% growth.

Fashion and accessories together represent the leading product segment, accounting for around a quarter of global airport sales. This product category has witnessed strong growth in recent years, fuelled by demand for luxury brands in Asia Pacific, where 46% of airport fashion and beauty sales come from luxury brand sales. An advantage for retailers is the fact that passengers are obliged to go through sales points on their way to their departure gate: consumers often have free time to spend before their flights, leading to browsing. Consumers with less time can still browse due to flight information screens placed in these shops, informing them of any flight delays and keeping them up to date on how much time remains before their flight is called.

Less than half of EU air passengers plan to make duty-free airport retail store purchases over a six-month period, reports Canadean. Close to 55% of passengers made impulse buys over the same period. The three leading product segments occupying airport retail space are food, beverages and tobacco; followed by perfumes, cosmetics and personal care; and lastly apparel, accessories and luxury goods. Per-visit average spending on food and beverages is just less than $15. Customers spend close to 25 minutes in duty-free airport retail outlets on average, whereas the average time spent at duty paid outlets is less than 20 minutes.

Regional Market Share

India’s government has been providing strong support for private participants, fuelling expansion and improvisation in the country’s airport infrastructure, reports RNCOS. Increased passenger travel and improving economic activity have created a greater need for airport infrastructure. Government reforms are favoring investment in India’s airport infrastructure segment. The long-term outlook for private players and the country’s airport infrastructure category is positive, with investment set to rise, and the Greenfield projects especially expected to witness increased investment. International cargo traffic is set to witness 10% yearly growth through 2015.  Obstacles to growth in India’s airport sector include insufficient parking, and single runways and cargo handling, along with inadequate customs clearance capabilities, together all leading to airport delays. The Airports Authority of India is therefore focusing its efforts on bringing cargo handling facilities up to date to cut down on congestion. Private interest in the sector is strong, with the government’s 11th Plan projections pointing to almost $5 billion of private investment and accounting for almost 65% of overall airport infrastructure investment.

Read more »

You might be interested in these related markets:

24/7 Customer Support

Talk to Sam

+1 646 893 5945

110 Reports
Demand, Market Size, Company Financials
1400 Statistics
Market Size, Demand, Finance
870 Reports
Demand, Economy, Forecast
7100 Statistics
Market Size, Demand, Economy
95 Reports
Demand, Market Size, Forecast
1200 Statistics
Market Size, Demand, Finance
59 Reports
Demand, Company Financials, Company
770 Statistics
Finance, Company Financials, Market Size
270 Reports
Demand, Forecast, Economy
2000 Statistics
Market Size, Demand, Finance
86 Reports
Demand, Market Size, Company Financials
1500 Statistics
Market Size, Finance, Company Financials
150 Reports
Demand, Company Financials, Forecast
1500 Statistics
Finance, Company Financials, Market Size
86 Reports
Company Financials, Demand, Economy
660 Statistics
Market Size, Demand, Finance
3 Reports
Market Size, Demand, Forecast
180 Statistics
Market Size, Demand, Finance
48 Reports
Company Financials, Demand, Supply
720 Statistics
Finance, Company Financials, Market Size
Search in Airport Industry (About 6900 reports)
Parent industry: Air Transport
Related industries: Airline

About 300 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 195 - $ 6250)

Parcel Sortation Systems Market by Type, Offering, End User Industry And Geography - Global Forecast to 2023

Parcel Sortation Systems Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • March 2018
  • by MarketsandMarkets

Parcel sortation systems market to witness significant growth between 2018 and 2023The parcel sortation systems market is likely to be valued at USD 1.31 billion in 2018 and is expected to reach USD 2.05 ...

Smart Airports Market: Global Forecast until 2021 $ 5650 March 2017

Air Traffic Management Market: Global Forecast until 20 ... $ 5650 January 2017

E-Gates Sector: Worldwide Forecast until 2022 $ 3500 March 2018

Airport Digitization Sector: Worldwide Forecast until 2 ... $ 2500 April 2017

Flight Inspection Market: Global Forecast until 2022 $ 5650 December 2017

Aircraft Arresting System Market: Global Forecast until ... $ 5650 July 2017

Conveyor System Market: Global Forecast until 2021 $ 5650 January 2017

Airport Runway Safety System Sector: Worldwide Forecast ... $ 2500 February 2017

Duty-free Retailing Sector: Forecast until 2021 in Euro ... $ 2500 December 2017


ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on