The Aircraft Interior Decoration Materials by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Aircraft Interior Decoration Materials , The aircraft interior decoration materials market size has grown strongly in recent years. It will grow from $18.63 billion in 2023 to $20.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to growth in air travel, passenger comfort and experience, airline branding and differentiation, stringent safety regulations, retrofitting and refurbishment, advancements in cabin systems..
The aircraft interior decoration materials market size is expected to see strong growth in the next few years. It will grow to $28.16 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to sustainability initiatives, in-flight entertainment enhancements, focus on hygiene and cleanliness, luxury air travel segment, introduction of next-gen aircraft.. Major trends in the forecast period include lightweight and high-performance materials, customization and personalization, integration of connectivity features, human-centric design, led lighting integration, innovations in fabrics and textiles..
The increasing demand for commercial and private aircraft is expected to propel the growth of the aircraft interior decoration materials market going forward. Commercial aircraft refers to a plane that carries passengers or goods, rather than a military aircraft, and private aircraft is any aircraft engaged in a personal or business flight. Aircraft interior decoration materials are lightweight materials used in the aircraft cabin interior that are made from a wide variety of nonmetallic materials for various applications. For instance, in December 2022, United Airlines Inc., a United States-based major airline company purchased up to 200 new Boeing widebody planes. Among the 787-8, 9, and 10 models, United Airlines Inc. will be able to support a wide range of routes with these new widebody planes. The new planes will be delivered between 2024 and 2032. In commercial aviation history, this U.S. carrier has placed the largest order for widebody aircraft with 100 new 787 Dreamliners, plus the option to add 100 options. Therefore, increasing demand for commercial and private aircraft is driving the growth of the aircraft interior decoration materials market.
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The aircraft interior decoration materials market covered in this report is segmented –
1) By Type: Aircraft Seating, In-Flight Entertainment, Cabin Lighting, Galley Equipment, Aircraft Lavatory, Aircraft Windows And Windshields, Other Types
2) By Application: Commercial Aircraft, Private Aircraft
Product innovation is a key trend gaining popularity in the aircraft interior decoration materials market. Major companies operating in the market are focused on developing Product innovation is a key trend gaining popularity in the aircraft interior decoration materials market. Major companies operating in the market are focused on developing innovative products to strengthen their position in the market. For instance, in November 2023, Emirates, a UAE-based aviation company, launched a unique and innovative collection of limited-edition luggage and accessories made from upcycled aircraft interiors called Aircrafted by Emirates. The materials used for the collection have been sourced from the iconic Emirates A380 and 777 aircraft.
The aircraft interior decoration materials market report table of contents includes:
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Top Major Players:
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