1. Market Research
  2. > Aerospace and Defense
  3. > Aerospace
  4. > Aviation
  5. > Civil Aviation
  6. > Air Transport Market Trends
  7. > Airport

Business of Airports: Get Market Research and Figures

  • Currently 4/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
8 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:

Customer Support

Talk to Sam

+44 208 068 8943

130 Reports
Demand, Market Size, Supply
670 Statistics
Market Size, Demand, Finance
910 Reports
Economy, Demand, Forecast
2900 Statistics
Market Size, Demand, Economy
120 Reports
Demand, Market Size, Supply
470 Statistics
Market Size, Demand, Finance
84 Reports
Demand, Company Financials, Company
310 Statistics
Finance, Company Financials, Market Size
350 Reports
Demand, Forecast, Economy
710 Statistics
Market Size, Demand, Finance
120 Reports
Demand, Market Size, Company Financials
600 Statistics
Market Size, Finance, Company Financials
250 Reports
Demand, Supply, Company Financials
1100 Statistics
Market Size, Finance, Company Financials
110 Reports
Company Financials, Demand, Economy
200 Statistics
Market Size, Demand, Finance
7 Reports
Demand, Market Size, Forecast
67 Statistics
Market Size, Demand, Finance
72 Reports
Company Financials, Demand, Supply
350 Statistics
Finance, Company Financials, Market Size
Search in Airport Industry (About 7000 reports)
Parent industry: Air Transport
Related industries: Air Passenger Transport

About 200 reports

Purchase Reports From Reputable Market Research Publishers

Global Airport Baggage Handling System Market Analysis & Trends - Industry Forcast to 2028

Global Airport Baggage Handling System Market Analysis & Trends - Industry Forcast to 2028

  • € 3683
  • Industry report
  • December 2019

The Global Airport Baggage Handling Systems Market is poised to grow strong during the forecast period 2018 to 2028.Some of the prominent trends that the market is witnessing include rapidly increasing ...

Airport Operations in the US - Industry Market Research ... € 956 November 2019

Airport Operations - 2020 U.S. Market Research Report € 259 December 2019

Other Airport Operations - 2020 U.S. Market Research Re ... € 259 December 2019

Airport Baggage Handling System Market: Global Industry ... € 1753 October 2019

Sleeping Pods and Cabins Market - Global Outlook and Fo ... € 3070 October 2019

Global Airport Baggage Handling System Industry € 4341 October 2019

Global Airport Sleeping Pods Industry € 4341 October 2019

Global Airport Lighting Industry € 4780 October 2019

Global Airport Handling Services Industry € 4780 October 2019


Reportlinker.com © Copyright 2020. All rights reserved.

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