The internal tourism consumption of air passenger transport services in Spain has shown significant growth from 2016 to 2023, except for the notable dip in 2020 due to the pandemic. By 2023, the market reached 13.26 billion euros, an impressive year-on-year increase of 20.01% from the previous year. The compound annual growth rate (CAGR) for the last five years (2018-2023) stands at a robust 51.59%. Future projections suggest steady growth, with values expected to reach 14.68 billion euros by 2028, representing a 5-year CAGR of 1.41% and an overall growth of 7.24% over this period.

Future Trends to Watch For:

Technological advancements reducing travel costs and enhancing passenger experience.
Continued recovery post-pandemic and response to any new health crises.
Increased focus on sustainable tourism and eco-friendly travel options.
Economic fluctuations and their potential impact on travel spending.