Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • 5 Things to Do When Planning a Sabbatical
    5 Things to Do When Planning a Sabbatical Business
  • With a Two-Year Revenue Growth of 1,909%, HighLevel Ranks No. 13 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies
    With a Two-Year Revenue Growth of 1,909%, HighLevel Ranks No. 13 on Inc. Magazine’s List of the Southwest Region’s Fastest-Growing Private Companies Business
  • The ARON M80 Flying Ship Takes Flight
    The ARON M80 Flying Ship Takes Flight Aviation
  • Digital MRO Market USD 2,856.2 Million by 2032, Growing at a 12.08% CAGR, Driven by Advancements in Blockchain
    Digital MRO Market USD 2,856.2 Million by 2032, Growing at a 12.08% CAGR, Driven by Advancements in Blockchain Aviation
  • Dr. Zamip Patel publishes new Blog with easy-to-understand articles about male urology and infertility issues
    Dr. Zamip Patel publishes new Blog with easy-to-understand articles about male urology and infertility issues World News
  • alt.ai and Nihon M&A Center launch PoC for CloneM&A, an M&A matching system that utilizes AI clone technology
    alt.ai and Nihon M&A Center launch PoC for CloneM&A, an M&A matching system that utilizes AI clone technology Business
  • eMerge M&A Ranked #1 Lower Middle Market Investment Bank by Axial
    eMerge M&A Ranked #1 Lower Middle Market Investment Bank by Axial Business
  • Empath Launches AI-Enabled Opportunity Marketplace: Unlocks Internal Mobility
    Empath Launches AI-Enabled Opportunity Marketplace: Unlocks Internal Mobility Business
Low-Cost Airlines Market CAGR to be at 10.4% | 0.46 billion Industry Revenue by 2030

Low-Cost Airlines Market CAGR to be at 10.4% | $440.46 billion Industry Revenue by 2030

Posted on March 1, 2024 By NewsEditor

Low-Cost Airlines Market CAGR to be at 10.4% | 0.46 billion Industry Revenue by 2030

Low Cost Airlines Market Size, Trends

On the basis of purpose, the business travel segment is projected to witness the highest CAGR of 12.5%, in revenue terms, during the forecast period.

WILMINGTON, DELAWARE, UNITED STATES, February 29, 2024 /EINPresswire.com/ — The low cost airlines market was valued at $155.02 billion in 2016, and is estimated to reach $440.46 billion by 2030, growing at a CAGR of 10.4% from 2022 to 2030.

Request The Sample PDF of This Report: @ https://www.alliedmarketresearch.com/request-sample/4562

The domestic segment was the highest revenue contributor to the market, with $88,286.0 million in 2021, and is estimated to reach $310,556.3 million by 2030, with a CAGR of 10.2%. low-cost airlines airline is a passenger airline, which offers travelling service at relatively cheaper rate compared to other airlines (full service or traditional airline). Rise in economic activities, ease of travel, expansion of the travel & tourism industry, rapid urbanization, changes in lifestyle, consumers’ preference for low-cost service along with non-stops, and frequent service act as the key driving forces of the global low-cost airlines market. In addition, increase in purchasing power of middle-class households, especially in developing regions, and high internet penetration coupled with e-literacy foster the Low Cost Airlines Market growth.

However, factors such as volatile crude oil price and increase in terrorism & crime rate, political uncertainty, & natural calamities hinder the market growth. Furthermore, increase in cases of COVID-19 and high investment & operational cost but low profitability act as the key deterrent factors of the low-cost airlines industry. On the contrary, sustainable airport governance and operational & financial improvements are anticipated to open new avenues for the growth of the global low-cost airlines market during the forecast period. The global low-cost airlines market is segmented into purpose, destination, distribution channel, and region. By purpose, the Low Cost Airlines Industry is fragmented into leisure travel, visiting friends & relatives (VFR), and business travel. On the basis of destination, it is bifurcated into domestic and international. Depending on distribution channel, it is divided into online and travel agency. The Low Cost Airlines Market has been further analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Italy, Spain, Germany, France, Latvia, and rest of Europe), Asia-Pacific (Philippines, Indonesia, Thailand, Singapore, Malaysia, Vietnam, China, India, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Africa, and Middle East).

Major Key Players:

The key players low-cost airlines profiled in the report are Air Arabia PJSC, AirAsia Group Berhad, Alaska Air Group, Inc., Azul S.A., easyjet Plc, New World Aviation, Inc., Norwegian Air Shuttle ASA, Qantas Airways Limited, Ryanair Holdings Plc., and Westjet Airlines Ltd.

Procure Complete Report (233 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/97645ec1edbdaf78f2521302c60ef03b

Depending on purpose, the leisure travel segment was the largest segment accounting for majority of the share in 2021, and is expected to continue the same Low Cost Airlines Market Trends throughout the forecast period. On the contrary, the business travel segment is projected to experience the highest growth rate throughout the Low Cost Airlines Market Forecast period. By distribution channel, the online segment was the largest segment accounting for majority of the share in 2021, and is expected to continue the same trend throughout the forecast period. The online segment is expected to register the highest CAGR of 10.6% through 2022–2030. On the basis of destination, the domestic segment was the largest segment in 2021, and is expected to garner significant growth rate throughout the forecast period.

Low Cost Airlines Market Analysis revealed that, the international segment registers the fastest growth, and is expected to gain significant share during the forecast period. Key players in the low-cost airlines market have relied on strategies such as product launch and business expansion to expand their Low Cost Airlines Market Share and to stay relevant in the global Low Cost Airlines Market Size.

Key findings of the study:

On the basis of purpose, the business travel segment is projected to witness the highest CAGR of 12.5%, in revenue terms, during the forecast period.

Depending on distribution channel, the online segment is expected to dominate the market from 2022 to 2030.

The international segment is expected to grow at a significant CAGR during the forecast period.

U.S. was the largest country, in terms of revenue generation, low-cost airlines in 2021.

Asia-Pacific is anticipated to witness highest growth rate, registering a CAGR of 12.0% from 2022 to 2030.

Inquiry Before Buying @ https://www.alliedmarketresearch.com/purchase-enquiry/4562

Reasons to Buy this Low Cost Airlines Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

Similar Reports:

Business Travel Market

Personalized Travel and Experiences Market

Luxury Travel Market https://www.alliedmarketresearch.com/luxury-travel-market

Travel Accommodation Market https://www.alliedmarketresearch.com/travel-accommodation-market

Sports Tourism Market https://alliedmarketresearch.com/sports-tourism-market-A13076

Related Article

https://www.globenewswire.com/en/news-release/2022/09/06/2509972/0/en/Global-Low-Cost-Airlines-Market-Is-Expected-to-Generate-440-46-Billion-by-2030-Allied-Market-Research.html

David Correa
Allied Market Research
+1 5038946022
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

You just read:

News Provided By

February 29, 2024, 16:53 GMT


EIN Presswire’s priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content.
As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone’s Internet News Presswire™,
tries to define some of the boundaries that are reasonable in today’s world. Please see our
Editorial Guidelines
for more information.



Article originally published on www.einpresswire.com as Low-Cost Airlines Market CAGR to be at 10.4% | $440.46 billion Industry Revenue by 2030

Business

Post navigation

Previous Post: Day 467: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
Next Post: Silver Spring Township Authority Renews Contract for EBS-Di Technology for Continued Wastewater Treatment Enhancement

Related Posts

  • Securiport Announces Bronze Sponsorship of The 79th IATA AGM And World Air Transport Summit
    Securiport Announces Bronze Sponsorship of The 79th IATA AGM And World Air Transport Summit Business
  • Leading Companies in Real-World Evidence Solutions Market Poised for Growth Amid Emerging Trends
    Leading Companies in Real-World Evidence Solutions Market Poised for Growth Amid Emerging Trends Business
  • Digital Pump Market Revenue Share Anticipated to Surge Past USD 24,400.3 Million by 2035 end, Surging at 6.1% CAGR
    Digital Pump Market Revenue Share Anticipated to Surge Past USD 24,400.3 Million by 2035 end, Surging at 6.1% CAGR Business
  • Whittier Street Health Center to Honor Liberty Mutual Insurance Chairman David Long at Annual Roast Fundraising Gala
    Whittier Street Health Center to Honor Liberty Mutual Insurance Chairman David Long at Annual Roast Fundraising Gala Business
  • Paris Films Independent Production Company Secures Private Equity for Film Funding
    Paris Films Independent Production Company Secures Private Equity for Film Funding Business
  • Pivofy Becomes Uncap, Outlines Vision for Its Future in Ecommerce
    Pivofy Becomes Uncap, Outlines Vision for Its Future in Ecommerce Business
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Jerry Brodsky Launches New Construction Law Firm After Decades of Industry-Leading PracticeJune 15, 2025
  • UK Minister for the Indo-Pacific Catherine West MP Visits Shield Works in Zhuhai for High-Level Business RoundtableJune 15, 2025
  • Travis Stovall Launches New Speaker Website to Empower Leaders with Core Values Index InsightsJune 14, 2025
  • A Journey in Precision AutomationJune 14, 2025
  • Copperloy Launches New Shopping Platform to Guide Safer Forklift Ramp PurchasesJune 13, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • ARIZONA CRITICAL MINERALS PROCESSOR TAPS EB-5 IMMIGRANT INVESTORS FOR FINANCING
    ARIZONA CRITICAL MINERALS PROCESSOR TAPS EB-5 IMMIGRANT INVESTORS FOR FINANCING Aviation
  • ParaZero Receives MOD Approval for Marketing of the DefendAir, Its Counter-Drone Solution
    ParaZero Receives MOD Approval for Marketing of the DefendAir, Its Counter-Drone Solution Aviation
  • Spectrm State of Social Conversational Commerce 2023 Report Finds Consumers Spend More With Brands That Communicate on Messaging Apps
    Spectrm State of Social Conversational Commerce 2023 Report Finds Consumers Spend More With Brands That Communicate on Messaging Apps Business
  • Inventables™ Launches 3D in Easel Pro
    Inventables™ Launches 3D in Easel Pro Business
  • Elevate Outdoor Collective Announces Josee Larocque as New Chief Operations Officer
    Elevate Outdoor Collective Announces Josee Larocque as New Chief Operations Officer Business
  • The Burma Military Regime’s Extension of State of Emergency
    The Burma Military Regime’s Extension of State of Emergency World News
  • War Day 159: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych  & #Feygin
    War Day 159: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Lead Generation Challenges for Accountants, Bookkeepers, and Mortgage Brokers in Singapore
    Lead Generation Challenges for Accountants, Bookkeepers, and Mortgage Brokers in Singapore Business
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .