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Aircraft Soft Goods Market Size
- Report ID: GMI2678
- Published Date: Jun 2020
- Report Format: PDF
Aircraft Soft Goods Market Size
Aircraft Soft Goods Market size surpassed USD 650 million in 2019 and is estimated to grow at over 2% CAGR between 2020 and 2026. Rapidly increasing air passengers’ traffic across the globe is likely to be key driving factor for the market growth.
The expansion of regional air connectivity and air travel routes is positively influencing the industry demand. Moreover, aircraft manufacturers and airliners are focusing on enhancing the customer experience by providing high level of comfort and service. These trends have created need for the development of cabin interiors with comfortable aircraft seats offering reclining and lumbar support.
The temporary closure of manufacturing facilities and challenges associated with COVID-19 pandemic will limit the aircraft soft goods market growth in near future. Sudden drop in air travel passengers along with decline in aircraft fleet in service has resulted in reduction of revenue in 2020. However, the industry will gain momentum with increasing air travel demand due to expected stability in tourism sector worldwide.
| Report Attribute | Details |
|---|---|
| Base Year: | 2019 |
| Aircraft Soft Goods Market Size in 2019: | 683.5 Million (USD) |
| Forecast Period: | 2020 to 2026 |
| Forecast Period 2020 to 2026 CAGR: | 2.5% |
| 2026 Value Projection: | 693.9 Million (USD) |
| Historical Data for: | 2016 to 2019 |
| No. of Pages: | 250 |
| Tables, Charts & Figures: | 381 |
| Segments covered: | Aircraft, Product, Material, Distribution Channel, Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Aircraft Soft Goods Market Scope
