Aircraft Tableware Market Size, Share, Growth, And Industry Analysis, By Type (Cups, Meal Trays, Bowls, and Others), By Application (Airliner, General Aviation, Business Aircraft, and Others), Regional Forecast From 2024 To 2031

Updated On: 08 April 2024

AIRCRAFT TABLEWARE MARKET REPORT OVERVIEW

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The global aircraft tableware market size is expected to be USD 19452.0 million in 2021 and the market is expected to reach USD 33343.93 million in 2031, with a growing CAGR of 5.54% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with aircraft tableware experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels.

Cutlery made exclusively for use in aircrafts is known as aircraft dinnerware. It is typically lighter and more compact than traditional tableware, constructed of lightweight materials like plastic or aluminum. As a result, it is simpler to store, transport, and fit more compactly inside an airplane's cabin. Tableware used on airplanes can be used for both eating and drinking, and it frequently comes in a variety of colors so that travelers can quickly recognize it. The rising demand for air travel, increased passenger volume, and the expanding popularity of lightweight aircraft in the aviation sector are all factors contributing to the market's expansion.

COVID-19 Impact: Lockdown Restrictions to Deplete Market Growth 

The global economic and social systems have been severely damaged by the COVID-19 epidemic. The disease has gotten into the value and supply chains of many different businesses, including the market for tableware for airplanes. Lockdowns were implemented by the authorities in several places. We'll look at both supply and demand to gauge how the COVID-19 outbreak has affected the world market.

Latest Trends

"R&D Activities to Intensify Market Magnification "

In recent years, the sector has had strong market expansion for airplane tableware, and this trend is anticipated to continue in the years to come. The growth of the airplane tableware industry may be linked to increasing investments in R&D, the entry of new companies, product innovation, technological advancements, efficient resource allocation, and growing competition among competitors to increase its regional as well as client base. The development of the airplane tableware industry is expected to be influenced by favorable regulations, supportive government policies, and incentives.

AIRCRAFT TABLEWARE MARKET SEGMENTATION

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• By Type Analysis

According to type, the market can be segmented into Cups, Meal Trays, Bowls, and Others.

• By Application Analysis

According to application, the market can be segmented into Airliner, General Aviation, Business Aircraft, and Others.

Driving Factors 

"Increasing Number of Flights to Boost Market Share"

The demand for airline food services is increasing as domestic and international flight travelers increase. When traveling, consumers prefer healthy cuisine and choose to order meals in advance through online booking services. This has motivated caterers and airlines to collaborate to develop effective in-flight food management systems. In addition, every customer deserves wholesome food while in flight, regardless of the seating class they are in. Meals that are wholesome, filling, and low in calories are frequently requested by travelers who are concerned about their health.

"Rising Disposable Income to Expand Market Forwarding"

escalating demand for air travel: By 2036, there will be 7.8 billion passengers worldwide, reflecting the industry's tremendous expansion. In order to give their passengers a comfortable and opulent experience, airlines are boosting the market for aviation tableware. Rising disposable income: Across the past few years, disposable income has steadily increased all over the world, particularly in developing nations like China and India. This is increasing demand for high-end goods like aviation tableware, which provide superior quality and luxury to conventional alternatives.

Restraining Factors

"R&D Cost to Deplete Market Advancement "

The high R&D expenses caused by the strict criteria that manufacturers must follow prevent new competitors from entering the market since they lack the necessary technical knowledge to produce aircraft grade polymers.

AIRCRAFT TABLEWARE MARKET REGIONAL INSIGHTS

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"Rising Disposable Income in Developing Countries to Foster Market Growth in Asia Pacific "

In comparison to other regions, the Asia Pacific is expected to experience quicker growth in the aircraft tableware market share over the forecast period. The growth in disposable income in developing nations is responsible for the market expansion in the area.

Due to the existence of the main airline catering firms and the increase in air travel in these regions, Europe and North America are predicted to have considerable aircraft tableware market growth during the projection period.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled 

• Chatsford Group (U.K.)
• Skysupply (Germany)
• August Lundh (Sweden)
• RMT Global Partners (U.S.)
• Linstol (U.S.)
• D/F Marketing (U.S.)
• AMKO Group International (U.S.)
• Blue Magic (U.S.)
• WK Thomas (U.S.)
• ZIBO RAINBOW AIRLINE APPLIANCE (U.K.)
• Long Prosper (China)
• deSter (Belgium)
• SCOPE (U.K.)
• NOWARA AIRLINE (Dubai)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, etc. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.