Market Size of Middle East and Africa Aircraft Seating Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 5.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Aircraft Seating Market Analysis
The Middle East and African aircraft seating market is anticipated to register a CAGR of over 5% during the forecast period.
The Middle East and African aviation sectors faced unprecedented challenges due to the COVID-19 pandemic. The pandemic significantly affected the commercial aviation sector, resulting in a drastic reduction in passenger traffic, which negatively affected the demand for the aircraft seating market. But, the growing number of air passenger traffic is a major factor driving the market. Due to the demand generated by this growing traffic, the airlines in the region are planning fleet expansion initiatives, which, in turn, are expected to generate the demand for aircraft seating during the forecast period.
To enhance the passenger experience and maximize their profit, aircraft operators are incorporating new lightweight material seats, with features, like the inflight power supply. Such innovative product lines are anticipated to open new market opportunities for the market in the coming years.