The global aircraft galley carts market reached a value of nearly $1.77 billion in 2024, having grown at a compound annual growth rate (CAGR) of 1.87% since 2019. The market is expected to grow from $1.77 billion in 2024 to $2.52 billion in 2029 at a rate of 7.34%. The market is then expected to grow at a CAGR of 7.29% from 2029 and reach $3.58 billion in 2034.
Growth in the historic period resulted from rising air passenger traffic, increasing commercial aircraft orders, growth in tourism and increase in disposable income. Factors that negatively affected growth in the historic period were supply chain disruptions.
Going forward, rising defense budgets, growing number of aircraft deliveries, economic growth in emerging markets and increasing government support will drive the growth. Factor that could hinder the growth of the aircraft galley carts market in the future include economic slowdowns.
The global aircraft galley carts market is fairly concentrated, with large players in the market. The top ten competitors in the market made up to 29.78% of the total market in 2023. The market concentration can be attributed to the presence of large players in different geographies. Collins Aerospace (RTX Corporation) was the largest competitor with a 9.93% share of the market, followed by Safran S.A 7.96%, Diehl Stiftung GmbH & Co. KG with 4.81%, Jamco Corporation with 1.98%, Bucher Group with 1.29%, Dynamo Aviation Inc. with 1.13%, Turkish Airlines Technic Inc. with 0.87%, Geven S.p.A. with 0.75%, AVIC Cabin Systems with 0.67% and Diethelm Keller Aviation Pte. Ltd. with 0.40%.
The aircraft galley carts market is segmented by type into meal or bar trolley, waste trolley, folding trolley and other types. The meal or bar trolley market was the largest segment of the aircraft galley carts market segmented by type, accounting for 54.48% or $964.38 million of the total in 2024. Going forward, the folding trolley segment is expected to be the fastest growing segment in the aircraft galley carts market segmented by type, at a CAGR of 9.24% during 2024-2029.
The aircraft galley carts market is segmented by size into full-size and half size. The full size market was the largest segment of the aircraft galley carts market segmented by size, accounting for 68.89% or $1.21 billion of the total in 2024. Going forward, the half size segment is expected to be the fastest growing segment in the aircraft galley carts market segmented by size, at a CAGR of 8.73% during 2024-2029.
The aircraft galley carts market is segmented by application into narrow-body aircraft, wide-body aircraft, very large aircraft and other applications. The narrow-body aircraft market was the largest segment of the aircraft galley carts market segmented by application, accounting for 51.52% or $911.98 million of the total in 2024. Going forward, the wide-body aircraft segment is expected to be the fastest growing segment in the aircraft galley carts market segmented by application, at a CAGR of 8.11% during 2024-2029.
North America was the largest region in the aircraft galley carts market, accounting for 43.21% or $764.95 million of the total in 2024. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the aircraft galley carts market will be Asia Pacific and Africa where growth will be at CAGRs of 9.50% and 9.05% respectively. These will be followed by Middle East and South America where the markets are expected to grow at CAGRs of 8.84% and 7.97% respectively.
The top opportunities in the aircraft galley carts market segmented by type will arise in the meal or bar trolley segment, which will gain $389.71 million of global annual sales by 2029. The top opportunities in the aircraft galley carts market segmented by size will arise in the full size segment, which will gain $465.42 million of global annual sales by 2029. The top opportunities in the aircraft galley carts market segmented by application will arise in the narrow body aircraft segment, which will gain $371.46 million of global annual sales by 2029. The aircraft galley carts market size will gain the most in the USA at $239.1 million.
Market-trend-based strategies for the aircraft galley carts market include developing innovative wireless connectivity solutions, developing advanced IoT gateways to enhance connectivity and adopting innovative solutions such as single-aisle galleys to offer reliable services to customers.
Player-adopted strategies in the aircraft galley carts market include focus on expanding operational capabilities through technological advancement, focus on enhancing business capabilities through the n distribution agreement to offer its productand focus on enhancing business operations through strategic collaborations and partnerships.
To take advantage of the opportunities, the analyst recommends the aircraft galley carts companies to focus on advancing wireless connectivity solutions, focus on developing advanced IoT gateways for enhanced monitoring, focus on adopting single-aisle galleys for enhanced efficiency and hygiene, focus on folding trolley market growth, focus on half-size trolley market growth, expand in emerging markets, focus on expanding distribution channels to drive growth, focus on competitive pricing strategies to maximize profitability, focus on targeted marketing campaigns to strengthen brand visibility, focus on customer education to build trust and loyalty and focus on wide-body aircraft market growth.
Major Market Trends
- Innovative Wireless Communication Solution for Airplane Galley Inserts
- Advancements in IoT Gateways for Enhanced Aircraft Galley Cart Monitoring
- Advancements in Single-Aisle Galley Systems for Efficient Flight Operations
Key Mergers and Acquisitions
- ZIM Aircraft Seating Acquired Haeco Cabin Solutions
- Aurelius Group Acquired LSG Group
Table of Contents
Executive Summary
Aircraft Galley Carts Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global aircraft galley carts market as it emerges from the COVID-19 shut down.Reasons to Purchase:
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- Utilize the relationships between key data sets for superior strategizing.
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Description
Where is the largest and fastest-growing market for aircraft galley carts? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The aircraft galley carts market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider aircraft galley carts market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by size and by application.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario - the report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the aircraft galley carts market.
- Global Market Size and Growth Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by size and by application in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations - This section includes recommendations for aircraft galley carts providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Type: Meal or Bar Trolley; Waste Trolley; Folding Trolley; Other Types2) by Size: Full-Size; Half Size
3) by Application: Narrow-Body Aircraft; Wide-Body Aircraft; Other Applications
Key Companies Mentioned: Collins Aerospace (RTX Corporation); Safran S.a.; Diehl Stiftung GmbH & Co. KG; Jamco Corporation; Bucher Group
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; aircraft galley carts indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
Some of the major companies featured in this Aircraft Galley Carts market report include:- Collins Aerospace (RTX Corporation)
- Safran S.A.
- Diehl Stiftung GmbH & Co. KG
- Jamco Corporation
- Bucher Group
- Dynamo Aviation Inc.
- Turkish Airlines Technic Inc.
- Geven S.p.A.
- AVIC Cabin Systems
- Diethelm Keller Aviation Pte. Ltd.
- Bonza
- HK Express
- Hainan Airlines
- EVA Airways Corporation
- Knight Aerospace
- Gulf Air India
- PT Garuda
- Japan Airlines (JAL)
- Asiana Airlines
- Sahara India Pariwar
- Zhejiang Lianxiang Aviation Equipment Co., Ltd.
- Tianjin Aircraft Manufacturing Company (TAMC)
- Hong Kong Air Cargo Terminals Limited (HACTL)
- Jetglow Aircraft Engineering
- AIM Altitude
- Lufthansa Technik
- Zodiac Aerospace
- Alenia Aermacchi
- Onboard Hospitality
- Air Czech
- Boeing
- Spirit AeroSystems
- LSG Group
- Lockheed Martin Corporation
- Honeywell International Inc.
- Diehl Aerospace
- HAECO Cabin Solutions
- GAL Aerospace
- Driessen Aircraft Interior Systems, Inc.
- Norduyn
- MySky SkyCart
- Architectural Brass
- Dedienne Aerospace
- Lacobucci HF Aerospace S.p.A.
- Egret aviation
- Korita Aviation
- VanDeBord
- Embraer S.A.
- ATR Aircraft
- Strata Manufacturing PJSC
- Emirates SkyCargo
- Saudi Arabian Military Industries (SAMI)
- Hexcel Corporation
- Magellan Aerospace
- Avcorp Industries Inc.
- TLD Group
- Unilode Aviation Solutions
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 419 |
Published | February 2025 |
Forecast Period | 2024 - 2034 |
Estimated Market Value ( USD | $ 1.77 Billion |
Forecasted Market Value ( USD | $ 3.58 Billion |
Compound Annual Growth Rate | 7.3% |
Regions Covered | Global |
No. of Companies Mentioned | 58 |