Aircraft Interior Decoration Materials Global Market Report 2024

“Aircraft Interior Decoration Materials Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on aircraft interior decoration materials market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
• Suitable for supporting your internal and external presentations with reliable high quality data and analysis
• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for aircraft interior decoration materials? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aircraft interior decoration materials market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 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
• Companies Mentioned: Mohawk Industries Inc.; Hong Kong Aircraft Engineering Company Limited; Desso Aviation; Botany Weaving Mill Limited; Lantal Textiles AG
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Aircraft interior decoration materials encompass lightweight materials designed for adorning the interiors of aerospace vehicles. These materials can include various decorative surfaces such as plastic films, laminates, cloth tapestries, plastic laminates, or paint.

The primary categories of aircraft interior decoration materials comprise aircraft seating, in-flight entertainment, cabin lighting, galley equipment, aircraft lavatory, aircraft windows and windshields, and other related types. In-flight entertainment and connectivity (IFEC) specifically pertain to onboard internet services provided by airlines for the convenience of business and commercial aircraft passengers. These materials find applications in both commercial and private aircraft.

The aircraft interior decoration materials market research report is one of a series of new reports from The Business Research Company that provides aircraft interior decoration materials optical components market statistics, including aircraft interior decoration materials optical components industry global market size, regional shares, competitors with an aircraft interior decoration materials optical components market share, detailed aircraft interior decoration materials optical components market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft interior decoration materials optical components industry. This aircraft interior decoration materials optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The aircraft interior decoration materials market size has grown strongly in recent years. It will grow from $18.23 billion in 2023 to $20.27 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth observed in the historic period can be attributed to several factors, including the overall increase in air travel, a heightened focus on passenger comfort and experience, airline branding strategies for differentiation, adherence to stringent safety regulations, the trend of retrofitting and refurbishment of aircraft interiors, and 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 anticipated growth in the forecast period can be attributed to various factors, such as the increasing emphasis on sustainability initiatives, ongoing enhancements in in-flight entertainment, a heightened focus on hygiene and cleanliness in the wake of global events, the flourishing luxury air travel segment, and the introduction of next-generation aircraft. Key trends in the forecast period include the adoption of lightweight and high-performance materials, a growing demand for customization and personalization in aircraft interiors, the integration of advanced connectivity features, the implementation of human-centric design principles, the incorporation of LED lighting, and ongoing innovations in fabrics and textiles.

The upward trend in demand for both commercial and private aircraft is poised to serve as a significant driver propelling the growth trajectory of the aircraft interior decoration materials market. Commercial aircraft, utilized for passenger or cargo transportation, and private aircraft engaged in personal or business flights, rely on lightweight nonmetallic materials for various cabin interior applications. Notably, in December 2022, United Airlines Inc. made a substantial purchase of up to 200 new Boeing widebody planes, including models 787-8, 9, and 10. This acquisition allows United Airlines Inc. to bolster its fleet, supporting a diverse range of routes with deliveries scheduled between 2024 and 2032. This historic order by a U.S. carrier-100 new 787 Dreamliners, with an additional option for 100 more-underscores the significant role driving the aircraft interior decoration materials market.

The surge in air travelers is anticipated to fuel the expansion of the aircraft interior decoration materials market. With a focus on enhancing passenger experience and comfort, airlines are seeking innovative and visually appealing materials for cabin interiors. A case in point is the statistics from the Bureau of Transportation Statistics in March 2023, revealing a notable 30% increase in passengers carried by American airlines, rising from 658 million in 2021 to 853 million in 2022. This surge in air travel underscores the growing demand for advanced cabin design and materials, highlighting the pivotal role of passenger influx in driving the market for aircraft interior decoration materials.

Product innovation emerges as a pivotal trend gaining momentum within the aircraft interior decoration materials market. Key industry players are channeling their efforts into developing innovative products to fortify their standing within the market. For instance, in November 2023, Emirates, a UAE-based aviation company, unveiled a distinctive and innovative collection named 'Aircrafted by Emirates.' This limited-edition series features luggage and accessories crafted from upcycled aircraft interiors sourced from the iconic Emirates A380 and 777 aircraft. This unique initiative signifies a leap forward in sustainable innovation, showcasing the potential for repurposing aircraft interior materials into aesthetically appealing and eco-conscious products, reflecting the industry's commitment to innovation and sustainability in aircraft interior decoration materials.

Prominent players within the aircraft interior decoration materials market are intensifying their focus on introducing cutting-edge digital skylights as a means to attain a competitive advantage. These digital skylights, utilizing advanced LED technology and dynamic lighting controls, mimic natural sunlight within indoor spaces. Notably, in October 2023, Rosen Aviation, a US-based company specializing in crafting custom aircraft cabin displays and management systems, unveiled a groundbreaking 130-inch composite digital skylight tailored for aircraft interior decoration. Featuring a lightweight composite display chassis and curved OLED panels, this skylight offers complete customization, accommodating panels ranging from 42 inches to 77 inches in various configurations. The composite chassis's versatility enables the incorporation of diverse video imagery, making it suitable for a wide spectrum of applications. Rosen Aviation's expertise in crafting bespoke cabin displays and management systems, especially for private and chartered jets, positions this innovation as a significant leap forward in elevating aircraft interiors.

In August 2022, The Heads Up Technologies, a US-based manufacturer specializing in lighting, cabin management systems (CMS), and flight deck safety products, acquired STG Aerospace for an undisclosed sum. This acquisition marks a pivotal collaboration between STG Aerospace, renowned for its cutting-edge aircraft cabin lighting technologies, and Heads Up Technologies. The synergy between these entities aims to merge technologies, leveraging their combined expertise to cater to business aviation stakeholders. The consolidation allows customers to access a wider product portfolio and a significantly expanded engineering team, amplifying their offerings within the aviation industry's cabin lighting technology sector.

Major companies operating in the aircraft interior decoration materials market report are Mohawk Industries Inc., Hong Kong Aircraft Engineering Company Limited, Desso Aviation, Botany Weaving Mill Limited, Lantal Textiles AG, BIC Carpets, Airworthy Aerospace Industries Inc., Neotex Ltd., Delos Inc., ACM Aircraft Cabin Modification GmbH, Astronics Corporation, Cobham Limited, Diehl Stiftung and Co. KG, AVIC Cabin Systems (UK) Limited, Henkel AG & Co. KGaA, Haeco Limited, Haima Carpet, CAP Carpet, Aerofloor, Anjou Aeronautique, Spectra Interior Products, Tapis Corporation, Perrone Aerospace, OmnAvia Interiors, Acro Aircraft Seating Ltd., Aviointeriors S.p.A, Boeing Encore Interiors LLC, Collins Aerospace (Raytheon Technologies Corporation), TenCate Advanced Composites, Zodiac Aerospace, B/E Aerospace .

Asia-Pacific was the largest region in the aircraft interior decoration materials market in 2023. The regions covered in the aircraft interior decoration materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the aircraft interior decoration materials market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The aircraft interior decorative material consists of sales of decorative materials including wood. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.