Global Non-Aeronautical Market Size to grow at a significant share by 2033: Market Statistics Report

Global Non-Aeronautical Market Size to grow at a significant share by 2033: Market Statistics Report

According to a research report published by Spherical Insights & Consulting, The Global Non-Aeronautical Market is anticipated to hold a significant share by 2033, growing at a CAGR of 6.78% from 2023 to 2033. 

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Non-Aeronautical Market Size, Share, and COVID-19 Impact Analysis, By Services (Food Services, Car Rentals, Baggage Handling Systems, and Other Services), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033         

The non-aeronautical market is the term used to denote revenue-generating activities at an airport that have no direct involvement with aircraft operation. Commercial services, retailing, advertising, real estate leasing, parking, and hospitality at airport facilities comprise the non-aeronautical market. Non-aeronautical revenues are important components of airport economic sustainability, providing operators with diversity in sources of income and complementing passenger travel experience through offers of different businesses. Moreover, the non-aeronautical market is driven by growing world air travel, passenger traffic, and airport infrastructure development. Enhanced demand for premium hospitality, dining, and retailing services generates revenue opportunities. Diversification of revenue streams through real estate, advertising, and digital technologies comes from airports. Furthermore, smart airport projects, enhanced passenger experience initiatives, and global brand partnerships account for the accelerating growth of the market, offering greater financial sustainability for airport operators. However, market constraints consist of high upfront investment levels, regulatory issues, and downturns in passenger spending. Moreover, competition from neighboring business centers and unpredictable air travel demand can restrict non-aeronautical revenue expansion for airports.

The food services segment accounted for the largest share of the global non-aeronautical market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.            

On the basis of services, the global non-aeronautical market is divided into food services, car rentals, baggage handling systems, and other services. Among these, the food services segment accounted for the largest share of the global non-aeronautical market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. Growing passenger traffic, increased need for premium dining options, and increased airport retail areas fuel growth. Airports focus on diverse food and beverage choices, such as quick-service restaurants and luxury dining, to improve passenger experience and increase revenue.

North America is projected to hold the largest share of the global non-aeronautical market over the projected period.

North America is projected to hold the largest share of the global non-aeronautical market over the projected period. This is sustained by increased passenger traffic, sophisticated airport facilities, and robust commercial alliances. Large airports in the U.S. and Canada derive substantial revenue streams from retail, food outlets, and car rentals. Furthermore, technology innovations and high-end passenger experience sustain further acceleration in non-aeronautical revenue growth for the region.

Europe is expected to grow at the fastest CAGR of the global non-aeronautical market during the projected period. Boosted by expanding air travel, high tourism, and well-established airport infrastructure. Major UK, German, and French airports receive significant revenues from duty-free sales, food sales, and upmarket lounges. Growing digitalization, intelligent airport programs, and increasing commercial collaborations further speed up market development in the region.

Company Profiling

Major vendors in the global non-aeronautical market are AENA SME SA, GROUPE ADP, Airport Authority Hong Kong, Airports of Thailand Plc, Fraport Group, London Heathrow Airports Limited, Japan Airport Terminal Co. Ltd, Vinci SA, Airports de Paris SA, Korea Airports Corp., and Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In August 2022, Oakland International Airport introduced three new airport concession sites, two of which are Peet's Coffee outlets (Terminals One and Two) and Oakland Draft House (Terminal Two). SSP America, a subsidiary of SSP Group, runs these restaurants.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global non-aeronautical market based on the below-mentioned segments:

Global Non-Aeronautical Market, By Services

• Food Services
• Car Rentals
• Baggage Handling Systems
• Other Services

Global Non-Aeronautical Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa