Aircraft Galley Global Market Report 2024

The primary types of aircraft galleys include the standard galley, modular galley, and customized galley. A standard galley pertains to the layout and equipment situated in the kitchen section of an aircraft. These galleys come in different configurations, including line fit and retrofit, offering various galley inserts such as electrical and non-electrical options. They are utilized across aviation and military applications.

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The aircraft galley market has grown strongly in recent years. It will grow from $5.84 billion in 2023 to $6.17 billion in 2024 at a compound annual growth rate (CAGR) of 5.6%. The expansion witnessed in the historical period can be credited to several factors including the growth of the airline industry, a heightened focus on enhancing passenger comfort and experience, efforts to improve efficiency and optimize space utilization, the optimization of catering services, and advancements in galley equipment.

The aircraft galley market is expected to see strong growth in the next few years. It will grow to $7.53 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The anticipated growth in the forecast period is expected to be driven by several factors, including the increasing demand for lightweight materials, a surge in requests for customization and personalization, a growing focus on sustainability and eco-friendly materials, adaptation to evolving travel trends, and heightened standards for food safety and hygiene. Major trends projected for this period encompass the adoption of modular and flexible designs, an emphasis on optimizing space, the integration of advanced appliances, improvements in food presentation and service, and a focus on enhancing ergonomics and workflow efficiency within aircraft galleys.

The expansion of the aircraft fleet is anticipated to be a driving factor behind the growth of the aircraft galley market. Aircraft, defined as vehicles designed for flight through the air, whether using static lift or dynamic lift from airfoils or direct thrust from engines, are witnessing a rise in numbers. Aircraft galleys, integral compartments where food is stored, prepared, and distributed to passengers in carts, are essential components of these aircraft. For instance, in December 2022, the European Organization for the Safety of Air Navigation reported 9.3 million flights in 2022, marking an increase of 3.1 million from 2019 and constituting 83% of total air traffic. Ryanair and Wizz Air were among the top airlines, with significant flight increases. This escalation in aircraft numbers is poised to drive the aircraft galley market forward.

The burgeoning airline industry is projected to fuel the growth of the aircraft galley market in the future. The airline industry encompasses passenger and cargo air transportation services provided by commercial airlines, cargo carriers, and charter services. Aircraft galleys play a pivotal role in efficiently providing in-flight catering services and maintaining a positive passenger experience within this industry. For instance, as reported by the International Air Transport Association (IATA) in June 2023, the airline industry is estimated to generate revenues of $803 billion, with passenger revenue expected to reach $546 billion in 2023, with continued growth predicted in the upcoming years. This upward trend in the airline industry is a significant driver behind the growth of the aircraft galley market.

Product innovation has emerged as a significant trend driving advancements within the aircraft galley market, with major companies directing their focus towards developing cutting-edge products to fortify their market positions and gain a competitive edge. For example, in August 2021, Safran S.A., a France-based aerospace equipment manufacturer, unveiled the MaxFlex series, a new modular aircraft galley tailored for the Boeing 737 family. This innovative galley system, installed in over 2,000 airplanes, offers extensive adaptability, allowing limitless configurations and easy maintenance, providing a competitive advantage in the market.

Major companies within the aircraft galley market are prioritizing the development of technological solutions to capitalize on existing demands and address market gaps. For instance, in June 2021, AIM Altitud., a UK-based aircraft cabin manufacturer, introduced the ARCA EVO, a single-aisle version of its ARCA galley system, at the Aircraft Interiors Expo (AIX). The ARCA EVO system is engineered to meet industry demands by enhancing aircraft meal sustainability, customization, and space efficiency. Moreover, it focuses on improving hygiene standards, facilitating social distancing, and reducing infection risks. Part of the AVIC Cabin Systems (ACS) alliance, the galley system is designed for seamless integration into existing airframes, positioning it as a competitive choice for the future.

In July 2022, Curtiss-Wright Corporation, a US-based defense and aerospace manufacturer, acquired Safran Aerosystems Arresting Company (SAA) for $240 million. This strategic acquisition aligns with Curtiss-Wright's financial objectives of achieving sustainable profitability and generating robust free cash flow in the long term. Safran Aerosystems Arresting Company (SAA), a France-based aerospace and defense equipment manufacturer, contributes to Curtiss-Wright's broader objectives within the aerospace sector.
Major companies operating in the aircraft galley market report are JAMCO Corporation, Safran SA, Diehl Stiftung & Co. KG, AIM Altitude Holding Limited, Zodiac Aerosystems SAS, Raytheon Technologies Corporation, Aerolux Ltd., United Technologies Corporation, Bucher Leichtbau AG, Commercial Aircraft Equipment, Dynamo Aviation Inc., Korita AviationnB.V., MAPCO & Miller Metal MFG, TCI Turkish Cabin Interior, B/E Aerospace Consumables Management, Collins Aerospace Interiors, Kang Li Far East Pte Ltd., Loipart AB, Mecaer Aviation Group S.p.A., Norduyn Inc., Rockwell Collins Inc., Sabeti Wain Aerospace, SkyMart Venture Partners, Sonaca Aircraft, STS Aviation Group, Trenchard Aviation Group, United Technologies Aerospace Systems, Vartan Aviation Group, Airbase Interior Inc., Aviointeriors S.p.A.

North America was the largest region in the aircraft galley market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global aircraft galley market report during the forecast period. The regions covered in the aircraft galley market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the aircraft galley market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aircraft galley market consists of sales of galley frames and galley carts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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