Code: IMR0063 | Automotive &Transportation | Sep-2021 | 140 Pages |
In 2021, the Global In-flight
Catering Services Market’s size was valued at USD XX.XX billion and is
estimated to reach USD xx. xx billion by 2028 and is expected to be growing at
a CAGR of 5.8 % throughout the forecast period. In this report, 2021 has been
taken as the base year while 2020 is the historical year. The forecast year for
the report is 2028 to approximate the size of the market for In-flight Catering
Services.
Icon Market Research’s report on In-flight
Catering Services studies the past and current opportunities of growth and
trends to get a clear picture of the growth indicators of the market for the
forecast period 2021 to 2028. The report also offers the revenue generated by
the In-flight Catering Services market considering 2020 as the historical year,
2021 as the base year, and 2028 as the forecast year. The report also consists
of the compound annual growth rate (CAGR) for the In-flight Catering Services
market over the forecast period.
Overview Report of In-flight Catering Services Market
The In-flight Catering Services market report provides
information and statistics on market shares, size, restraining factors, and
driving factors for the forecast period 2021 to 2028. It also mentions the role
of main market players in the automotive industry. The report on In-flight
Catering Services market evaluates the value of the market report, keeping in
mind the application and regional segments, market share, and size while
forecasting the market for each product type and application of the In-flight
Catering Services market in different segments of the report. The research
report also mentions some sections of the In-flight Catering Services market
including opportunities, growth, trend, size, demand, and technology used by
prominent players of the market. Then, it gives detailed profiles of the key
players as a part of the competitive landscape of the In-flight Catering
Services market.
The study of the report divides
it into several sub-segments and represents the whole automotive industry. An
estimation of the revenue generated by the entire automotive industry and its
sub-segments are also provided in the report. It decides the factors that
affect the demand of the automotive industry rapidly, including methods of
development, growth networks, and the product model. The report also points out
the greatest prospects for the growth of the automotive market such as
forecasting the growth of the market, the launch of new goods, and analysis of
the product demand, purchase decisions, several economic factors that are
important to determine the trend of In-flight Catering Services market, and the
attractiveness of the market. The report on the In-flight Catering Services
market will help in assisting the stakeholders in identifying high-potential
customers, such as distributors and manufacturers.
Methodology of In-flight
Catering Services Market
The methods used for collecting
information for the report involve 4 main activities. These activities help in
estimating the current size of the In-flight Catering Services market. Thorough
secondary research was conducted to collect information on the In-flight
Catering Services market, such as new technologies coming into the market, and
components connected with this market. Then the collected information was
validated with experts from the automotive industry across all the value chains
through primary researches. Both top-down and bottom-up approaches were used
for estimating the market size.
The secondary research includes
collecting data from sources such as government publications such as
country-level automotive associations and organizations, World Bank, Eurostat,
Organization for Economic Co-operation and Development (OECD), and CDC;
regulatory and corporate filings such as SEC filings, annual reports, investor
presentations, and business magazines, financial statements, press releases,
and research journals, free and paid automotive databases such as Organization
International des Constructer’s d’Automobiles (OICA), Marlines, etc., and
trade, business, and professional associations. The secondary data collected
was then analyzed to predict the overall size of the market which was later
validated with primary research.
Thorough primary research was done
after getting a clear picture of the In-flight Catering Services market through
secondary research. Many market experts were interviewed for the primary
research from both the supply-side players and demand-side players and across
four major regions, namely, Europe, North America, Asia Oceania, and the Rest
of the World. Apart from the interviews, primary data was collected through
mails, questionnaires, and telephonic interviews.
Growth Mapping of In-flight
Catering Services Market
The main aim of the In-flight
Catering Services report is to give the map of the growth for the In-flight
Catering Services market that will help in providing the clients with the
required information for the formulation strategies to meet their respective
business goals. The report also provides deep knowledge of the In-flight
Catering Services for the previous year as well as for the forecast years and
what the CAGR level of the market is going to be. This report is a synopsis of
what the market conditions are going to be while also giving information
regarding the market’s definition, classifications, applications, and
engagements are. This report also aims to analyze the In-flight Catering
Services market’s developments including the market improvement, market
position, and others which are usually done by the prominent players and brands
of the automotive industry. This report also consists of all the market drivers
and restraints which are obtained through SWOT analysis. The report also has
the CAGR values of the In-flight Catering Services market for the base years
2021, the historic year 2020, and forecast years 2021-2028.
Regional Analysis of In-flight Catering Services Market
The In-flight Catering Services market report provides a study for more than 20 countries and their market players The report covers a regional and country-level analysis that covers North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East. The market is deeply analyzed for each region, which helps in identifying the market trends for each region, growth opportunities, and restraining factors.
For the forecast year 2021-2028,
it has been estimated that North America will the dominating market for In-flight
Catering Services. This
region is expected to see growth in the automotive industry because of the
increasing population, increase in per capita income, and improvement in living
standards. There has been an increase in demand for comfort features in
vehicles and fuel-efficient vehicles which accelerates the growth of the In-flight
Catering Services market. The weight reduction of vehicles and enhanced energy
efficiency is further driving the automotive industry. The other factors
which are driving the growth of the In-flight Catering Services market include
the development of marketing analytics tools and firmly established existing
players in the market. In addition to this, government agencies, companies,
third-party administrators, etc. are channelizing their efforts to make
customer-centric automotive products which will also contribute to the growth
of the In-flight Catering Services market in this region. Rising demand for
vehicles and their parts, increased investment by the government, new and
advanced technology, and machinery, along with the improved marketing tactics
will likely cause the In-flight Catering Services market to grow substantially.
The Asia Pacific market is estimated to grow at the highest CAGR during
the forecast period (2021-2028). This growth is driven by the increasing research
activities, growing demand for vehicles and parts, and an increasing number of
initiatives by market players for expanding their presence in the APAC, and
higher adoption of In-flight Catering Services in several APAC countries. Improvements in GDP per capita and
infrastructure development have urbanized the region to a greater extent
turning rural areas into urban areas. The sudden surge in the demand has caused
the cities to fall into unsustainable consumption models. The top key players
in the In-flight Catering Services market are located in the region. China and India are expected to
offer significant growth opportunities for players operating in the In-flight
Catering Services market, owing to the growing support from government bodies,
increasing demand for new vehicles with special features, and the presence of
less-stringent regulations and data requirements (as compared to developed
countries) in their respective healthcare systems.
Competitive Landscape of In-flight Catering Services Market
The report provides a competitive
landscape on both the quantitative as well as qualitative research of In-flight
Catering Services market. The report also provides detailed insights on the
development methods used by the key market players. The report offers deep
research on the key market players and details on the competitiveness of these
players. The main business strategies used by these players such as mergers and
acquisitions (M&A), collaborations, affiliations, and contracts are also
and analyzed in the report. For each competitor, the report studies their
global presence, service offerings, competitors, and specification. The main
players covered by the study on the global In-flight Catering Services market
are: Gate Gourmet (Gategroup Holding), LSG Sly Chefs, dnata, SATS Ltd, Do
& Co, ANA Catering
Service Co. Ltd. (ANAC), Emirates Flight Catering, Flying Food Group, Newrest
Group Services SAS, and Servair, S.A.
The Report Provides Insights on The Following Pointers:
● It
gives a forecast analysis of factors that are driving or restraining the
development of the In-flight Catering Services market.
● The
report gives a seven-year forecast value evaluated on the basis of the current
market performance of the automotive industry.
● It
helps in understanding the main segments of the products and their future.
● The
report gives a deep analysis of changing competition in the market which keeps
you ahead of your competitors.
● The report gives the market
definition of the In-flight Catering Services market along with the analysis of
different factors influencing the market such as drivers, opportunities, and
restraints.
The Report Answers Questions Such As:
● What is the potential opportunity
for the In-flight Catering Services market?
● What are the major drivers,
restraints, and opportunities of the In-flight Catering Services market?
● What is the market share of the
leading segments and sub-segments of the In-flight Catering Services market in
the forecast period (2021-2028)?
● How did the In-flight Catering
Services market evolve?
● How each segment of the In-flight
Catering Services market is expected to grow during the forecast period?
● What is the expected revenue to be
generated by each of the segments by the end of 2028?
● What are the key development
strategies implemented by the key players to stand out in this In-flight
Catering Services market?
● What is the preferred business
model used for building In-flight Catering Services?
● Which area of application is
expected to be the highest revenue generator in the In-flight Catering Services
market during the forecast period?
● Which end-user segment is expected
to be the highest revenue generator in this industry during the forecast period?
● What is the potential of In-flight
Catering Services market in the emerging countries during the forecast period?
Gate Gourmet (Gategroup Holding)
LSG Sly Chefs
dnata, SATS Ltd
Do & Co.
ANA Catering Service Co. Ltd. (ANAC)
Emirates Flight Catering
Flying Food Group
Newrest Group Services SAS
Servair, S.A.