Product Code: ETC030229 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Aircraft Galley Equipment Market in Philippines is anticipated to grow at a significant rate during the forecast period, 2025-2031. The rise in tourism leading to an increased demand for air travel and rising disposable income of people are some of the major factors driving the growth of aircraft galley equipment market in Philippines. Moreover, increasing international trade activities and government initiatives for improving aviation infrastructure are further expected to boost the growth of this market
Automation has become an important part of commercial aircraft operations due to its ability to reduce cost and improve efficiency within airline companies. Aircraft manufacturers have started integrating automation solutions into various aspects such as cabin management systems, galley equipment, and others which is likely to increase operational efficiency. This trend is expected to continue over the forecast period owing to growing consumer demand for more efficient air travel experiences. Further, growing competition among airlines has resulted in a substantial reduction in flight fares thus encouraging many passengers who were previously unable or unwilling fly by plane, thereby increasing their share of total passenger traffic across countries including Philippines . As LCCs generally offer ticket prices lower than those offered by traditional carriers, they are predicted drive up overall air traffic significantly over time which would consequently contribute towards boosting aircraft galley equipment sales throughout the country during forthcoming years.
With continuous positive development in economic conditions across several Southeast Asian countries , tourists from around world have been visiting these countries at high rates over past few years resulting into revenue generation through tourism providing impetus for expansion within Philippine aviation industry . This expansion will require additional new fleets with updated equipments along with support staff such as chefs , stewards & other personnel , hence generating demand both domestically & internationally . Furthermore , introduction new technologies also requires regular maintenance & repairs that help keep existing fleets running smoothly therefore creating opportunities for Filipino suppliers offering turnkey solutions related on asset management thereby aiding fuel market growth. Further, owing rapid industrialization numerous developing countries especially those located South East Asia region witness steady rise per capita incomes leading more number citizens being able afford luxurious services such travelling via planes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Aircraft Galley Equipment Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Aircraft Galley Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Aircraft Galley Equipment Market - Industry Life Cycle |
3.4 Philippines Aircraft Galley Equipment Market - Porter's Five Forces |
3.5 Philippines Aircraft Galley Equipment Market Revenues & Volume Share, By Galley Type, 2021 & 2031F |
3.6 Philippines Aircraft Galley Equipment Market Revenues & Volume Share, By Fit, 2021 & 2031F |
3.7 Philippines Aircraft Galley Equipment Market Revenues & Volume Share, By Inserts, 2021 & 2031F |
3.8 Philippines Aircraft Galley Equipment Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Aircraft Galley Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Aircraft Galley Equipment Market Trends |
6 Philippines Aircraft Galley Equipment Market, By Types |
6.1 Philippines Aircraft Galley Equipment Market, By Galley Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Galley Type, 2021-2031F |
6.1.3 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Standard Galley, 2021-2031F |
6.1.4 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Modular Galley, 2021-2031F |
6.1.5 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Customized Galley, 2021-2031F |
6.2 Philippines Aircraft Galley Equipment Market, By Fit |
6.2.1 Overview and Analysis |
6.2.2 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Line Fit, 2021-2031F |
6.2.3 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Retro Fit, 2021-2031F |
6.3 Philippines Aircraft Galley Equipment Market, By Inserts |
6.3.1 Overview and Analysis |
6.3.2 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Electric, 2021-2031F |
6.3.3 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Non-Electric Insert, 2021-2031F |
6.4 Philippines Aircraft Galley Equipment Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Narrow-Body, 2021-2031F |
6.4.3 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Wide-Body, 2021-2031F |
6.4.4 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Very Large Body, 2021-2031F |
6.4.5 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Regional Body, 2021-2031F |
6.4.6 Philippines Aircraft Galley Equipment Market Revenues & Volume, By Business Jets, 2021-2031F |
7 Philippines Aircraft Galley Equipment Market Import-Export Trade Statistics |
7.1 Philippines Aircraft Galley Equipment Market Export to Major Countries |
7.2 Philippines Aircraft Galley Equipment Market Imports from Major Countries |
8 Philippines Aircraft Galley Equipment Market Key Performance Indicators |
9 Philippines Aircraft Galley Equipment Market - Opportunity Assessment |
9.1 Philippines Aircraft Galley Equipment Market Opportunity Assessment, By Galley Type, 2021 & 2031F |
9.2 Philippines Aircraft Galley Equipment Market Opportunity Assessment, By Fit, 2021 & 2031F |
9.3 Philippines Aircraft Galley Equipment Market Opportunity Assessment, By Inserts, 2021 & 2031F |
9.4 Philippines Aircraft Galley Equipment Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Aircraft Galley Equipment Market - Competitive Landscape |
10.1 Philippines Aircraft Galley Equipment Market Revenue Share, By Companies, 2024 |
10.2 Philippines Aircraft Galley Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |