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I AgreeIncreased number of passengers travelling by air is expected to boost sales opportunities in the global online in-flight shopping market during the forecast period of 2021 to 2031.
Online in-flight shopping refers to a service or marketplace through which services or brands promote their flash sales to air passengers by providing different shopping offers as well as quality content.
An upcoming study by Transparency Market Research gives 360-degree analysis of major factors influencing development of the online in-flight shopping market on global as well as regional level. As a result, the readers get access to comprehensive evaluation of key elements including drivers, trends, restraints, challenges, technological advancements, and growth opportunities in the market. Furthermore, this report provides dependable data on sales, shares, volume, and revenues of the market for online in-flight shopping.
The study analysts have presented all data and analysis of the global online in-flight shopping market in the form of different segments, which are based on several important parameters such as carrier type, shopping type, aircraft class, and region. On the basis of carrier type, the market is divided into full service and low cost.
Over the period of past few years, there is surge in the number of passengers inclining toward travelling by air, which includes domestic as well as international passengers. This factor has positively impacted on overall growth of the global online in-flight shopping market.
Surge in the demand for healthy and nutritious food by flyers is projected to boost the growth of the online in-flight shopping market in the upcoming years. Apart from this, increased use of online platforms by several airline companies for booking different consumer goods products is anticipated to support the expansion of the market.
With increased adoption of automation and popularity of online in-flight shopping management, several airlines and providers are collaborating in order to offer superior quality of passenger experience at reasonable prices. Apart from this, several government as well private organizations are increasing investments in the aviation sector. These factors are expected to fuel the expansion avenues for players operating in the online in-flight shopping market.
The global online in-flight shopping market is fairly fragmented in nature. Presence of many players highlights that the competition landscape of the market for online in-flight shopping is quite intense. Companies operating in the market are using organic and inorganic strategies to maintain their leading position. Some of the key strategies include new service launches, joint ventures, mergers, acquisitions, partnerships, and collaborations. Moreover, several enterprises are increasing focus on expansion of their services in newer regions.
Some of key players in the global online in-flight shopping market are:
Based on region, the global online in-flight shopping market shows existence in numerous regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Among all, North America is one of the dominating regions in the market for online in-flight shopping.
The growth of the North America online in-flight shopping market can be attributed to many factors including presence of sturdy commercial aviation infrastructure in the region.
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