China Airlines Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The airlines industry covers passenger air transportation, including scheduled flights but excludes air freight transport. The market segments include charter, low-cost, and full-service airlines.
• The Chinese airline industry had total revenues of $51.4 billion in 2022, representing a negative compound annual growth rate (CAGR) of 9.6% between 2017 and 2022.
• Industry consumption volumes declined with a negative CAGR of 5% between 2017 and 2022, to reach a total of 426 million number of seats in 2022.
• China is a vast country with a wide variety of tourist attractions and diverse cultures. Hence, the country is witnessing growing demand for leisure and business travel to the country which is triggering air travel and therefore industry growth.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the airlines market in China
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the airlines market in China
• Leading company profiles reveal details of key airlines market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the China airlines market with five year forecasts by both value and volume

Reasons to Buy

• What was the size of the China airlines market by value in 2022?
• What will be the size of the China airlines market in 2027?
• What factors are affecting the strength of competition in the China airlines market?
• How has the market performed over the last five years?
• What are the main segments that make up China's airlines market?