Market Size of China Inflight Catering Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
China Inflight Catering Market Analysis
The Chinese inflight catering market is estimated to register a CAGR of over 4% during the forecast period.
The upturn in the Chinese aviation industry and the increasing emphasis on food quality services may lead to growth in the market in the coming years. Technological advancements, such as meal ordering devices (MOD), coupled with the growing adoption of inflight catering services by low-cost carriers in China, are expected to provide growth opportunities for the China Inflight Catering Market in the years to come.
According to the International Air Transport Association (IATA), China will surpass the United States and will become the largest aviation market by 2024. Also, the country is expected to reach a total of 1.5 billion aviation passengers by 2036. In addition to that, the Civil Aviation Administration of China (CAAC) aimed to construct 216 new airports by 2035 due to growing demands for air travel. Thus, rising air traffic leads to increasing demand for new aircraft which drives the growth of the market.
