Authored By: Sarah
11 Jul 2024

 Airport Non-Aeronautical Revenue Market Size to grow by USD 43099.2 million between 2024-2028

According to a research report “ Airport Non-Aeronautical Revenue Market” by Service (Concessionaries, Parking and car rentals, Land rentals, Terminal rent by airlines, Other services) Business Segment (Commercial development, Advertising) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 43099.2 million, at a CAGR of  8.84% during the forecast period. Airports have evolved beyond their primary function of facilitating air travel, with terminal areas generating significant non-aeronautical revenues through the provision of high-end commercial spaces. These areas now encompass luxury retail and dining options, arts and cultural attractions, and recreational facilities. Airport operators are transforming terminal spaces into vibrant commercial hubs, complete with conference rooms and event spaces, to attract passengers and reduce their travel time. The result is a diverse range of offerings, from specialty retail and upscale dining to entertainment and cultural experiences, all conveniently located within airport terminals.

Browse market data tables, figures, and in-depth TOC on “Airport Non-Aeronautical Revenue Market” by Service (Concessionaries, Parking and car rentals, Land rentals, Terminal rent by airlines, Other services) Business Segment (Commercial development, Advertising) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample


By Service, the Concessionaries segment is projected to dominate the market size in 2024

In the realm of airport non-aeronautical revenue, food and beverage sales hold a significant market share, accounting for approximately 61%. Airports have responded to the diverse passenger demographics and demands by offering a range of culinary options. These include grab-and-go kiosks, casual eateries, bars and pubs, and fine dining establishments boasting Michelin stars. Food and beverage sales experienced robust growth, expanding at an annual rate of approximately 10% over the past decade. The surge in long-haul and non-stop flights, driven by both leisure and business travel, has fueled a rise in demand for in-flight food services.

By Business Segment, Commercial development  segment is expected to hold the largest market size for the year 2024

In today's airport business landscape, airports are maximizing their revenue potential by commercializing terminal areas and surroundings through strategic partnerships with concessionaires. These partnerships enable the operation of restaurants, bars, cafeterias, and catering services, among others, in facilities such as airports, hotels, lounges, duty-free shops, conference rooms, spas, and gyms. Airport operators capitalize on the increasing passenger traffic to generate significant non-aeronautical revenue. However, the digitalization of passenger retail activities and off-airport duty-free sales may impact shopping dynamics, particularly for planned purchases. Regardless, the growth in airport investments and the resulting expansions, diversifications, and upgrades continue to present lucrative opportunities for concessionaires and airport operators alike.

APAC is forecasted to hold the largest market size by region in 2024

The Airport Non-Aeronautical Revenue Market encompasses various income streams for airports beyond aviation activities. These include retail, food and beverage, advertising, car parking, and other commercial services. Maximizing revenue in this sector is crucial for airports to maintain financial sustainability and enhance the passenger experience. Effective management of non-aeronautical revenue streams is a key business strategy for airport operators.

The Airport Non-Aeronautical Revenue Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Aena S.M.E. SA
  • Aeroports de Paris SA
  • Airport Authority Hong Kong
  • Airports Authority of India
  • Airports of Thailand Public Co.,Ltd.
  • Brazilian Airport Infrastructure Co.
  • Changi Airport Group Singapore Pte. Ltd.
  • Copenhagen Airports AS
  • Fraport Group
  • GMR Infrastructure Ltd.
  • Guangzhou Baiyun International Airport
  • Heathrow SP Ltd.
  • Japan Airport Terminal Co. Ltd.
  • Korea Airports Corp.
  • Malaysia Airports Holdings Berhad
  • Metropolitan Airports Commission
  • Oman Airports
  • Royal Schiphol Group
  • The Port Authority of New York and New Jersey
  • Vinci

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Research Analysis Overview

Airports have evolved from mere transportation hubs to dynamic and vibrant "Airport Cities," generating significant revenue through non-aeronautical activities. These commercial activities contribute significantly to the revenue of airports, especially in regions with high passenger footfall like the Asia-Pacific. Airport infrastructure includes advertising spaces, promotional areas, and marketing campaigns that cater to travelers. Advertisers target this captive audience through digital advertising technologies, entertainment options, and high-quality amenities. Dining establishments, cafes, and shopping outlets offering souvenirs, electronics, luxury goods, and duty-free shops enhance the passenger experience. Car parking facilities, car rental services, and food services are essential non-aeronautical services that generate substantial revenue. Airports offer a range of options, from promotional activities to marketing campaigns, to engage travelers and maximize revenue. Asia-Pacific airports, in particular, have seen a surge in non-aeronautical revenue due to increasing passenger traffic, air cargo, and the growing demand for superior passenger experiences. Overall, non-aeronautical revenue is a crucial aspect of airport infrastructure, contributing significantly to the financial sustainability of the aviation industry.

Market Research Overview

The Airport Non-Aeronautical Revenue Market has witnessed significant growth in recent years, driven by consumer spending habits in a strong economy and the premium passenger experiences offered by innovative technologies and diverse population preferences. Airport operators have capitalized on discretionary spending by travelers through advertising revenue from diverse commercial activities, including retail, dining, and leisure. However, economic downturns, geopolitical tensions, currency fluctuations, and reduced consumer spending due to global uncertainties have impacted airport revenues. The aviation industry has responded by integrating technology into the passenger journey, offering convenient and memorable experiences through virtual shopping experiences, contactless payment solutions, and personalized dining recommendations. Major airports worldwide have partnered with leading players in retail, advertising, and hospitality to provide high-quality amenities, from luxury brands to healthcare services and cargo operations. The demand for enhanced passenger experiences has led to the development of airport cities, offering office complexes, hotels, conference centers, long-term and short-term parking, and car parking facilities. Non-aeronautical products and services, such as pre-ordering meals, premium lounges, and entertainment options, have become essential components of the passenger experience. The integration of technology, digitalization, and passenger engagement have transformed the way we travel, with digital advertising technologies, e-commerce platforms, and marketing campaigns offering new opportunities for airport revenues. Airports have also responded to changing consumer behavior by offering a seamless journey, from advanced technologies and passenger flow management to stringent regulations and ground handling systems. The future of airport non-aeronautical revenue market lies in the continued evolution of passenger preferences and the integration of technology into every aspect of the airport experience. Asia-Pacific airlines and air cargo have also contributed significantly to the growth of airport non-aeronautical revenue, with passenger traffic and aviation-related income driving demand for non-aeronautical services. From advertising spaces and cafes to souvenirs, electronics, duty-free shops, and catering services, the airport non-aeronautical revenue market is a dynamic and evolving sector of the aviation industry.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

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