UP F RONT
GEN ZFLY
By 2028 the first truly digitally native
generation, Gen Z (born 1997-2012),
will become the largest group of air
passengers, with 1.2bn flying each
year. Millennials (the largest passenger
group today, born 1981-1996), value
loyalty less than any previous generation
– a trend set to continue with Gen Z
London School of Economics
aircraftinteriorsinternational.com
MARCH 2020 031
GROWTH POTENTIAL
Positive trends can be found in almost
every aspect of aviation, as our quarterly
statistics roundup shows…
Truly global
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Technavio
On 29 November 2019 Emirates
flight EK2019 marked UAE’s
‘Year of Tolerance’ with the
world’s most multicultural flight.
This A380 had 540 passengers
on board, comprising 145
nationalities
5%
GLOBAL
GROWTH
The global airline
market is projected to
grow by US$313.1bn,
to reach over
US$880.2bn by 2025
ResearchAndMarkets
450m passengers not engaged
with airline loyalty schemes would
switch airline for high-quality inflight
wi-fi. Airlines that have installed
connected cabins have an immediate
opportunity to win US$33bn in market
share (6%) from competitors
London School of Economics and
Political Science (LSE)
Seating
increase
During 2019-2023
the commercial
aircraft seating
sector will grow by
US$4.12bn
at a CAGR of over
8%
Technavio
Airline ancillary revenue will reach
US$109.5bn worldwide in 2019, compared
to $92.9bn in 2018. The 2010 fi gure was
US$22.6bn
IdeaWorksCompany
MOREMAR/STOCK.ADOBE.COM
2019-2023 will see
the global aircraft
decorative laminates
market grow by
US$78.25m, at a CAGR
of over
The aerospace galley
trolley and container market reached 400,000
units in 2018, worth US$3.4bn, and is estimated
to grow to $5.4bn by the end of the 2029
Persistence Market Research
Global airline retailing
accounted for US$7.25bn
in 2018 and is expected to
reach $27.66bn by 2027.
The European airline retailing
market is expected to grow
from US$2.18bn in 2018 to
US$9.3bn by 2027
ResearchAndMarkets
From 2019-2024 the 5G
market in aviation is expected
to grow more than 45%
ResearchAndMarkets
5G Ancillary
boost
Ancillary revenue
for 2019 is
US$23.91
per passenger –
it was US$8.42
in 2010
IdeaWorksCompany
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SPENDERS
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