This market covers the operation of restaurants and catering facilities in airports across Western and Eastern Europe, excluding Russia and Turkey.
It does not include duty free and other store-based retailing at airport sites or the provision of food on-board planes by airlines.
We quantify the market size, historical growth rates, while reviewing key factors behind these figures.
We alscarry out an in-depth analysis of the relevant drivers of industry growth – including the macroeconomic environment, the trends in passenger volumes and the impact of other factors such as airport privatisation and commercialisation, enhanced airport security and the growth of low-cost carriers – setting out historical trends and available forecasts.
Our forecast for industry growth is based on this analysis of historical trends and growth drivers.
Why is this report interesting?
The airport catering market was hit by the downturn in the global economy and hence passenger volumes following the onset of the credit crunch in 2008.
It has since recovered strongly.
Passenger volumes have bounced back texceed pre-crisis levels in most countries.
Ongoing privatisations and other commercial imperatives mean there is an increasing appetite on the part of more airport owners and operators tmaximise the commercial returns on their assets
Catering operators have continued tinnovate their formats and their use of brands tmaximise the appeal of their offerings tpassengers.
In contrast tthe increasing maturity of much of the contract catering sector, airports now appears tbe a segment with attractive growth prospects.
The market has seen corporate activity in the recent past with a major demerger and re-organisation at one of the leaders, Autogrill, in 2013. However, sales processes considered by private equity investors at twother market leaders, SSP and Elior, did not lead tsuccessful exits hence many in the industry expect tsee further activity.
Whis it useful for?
The report is intended for:
- Operators of airport catering businesses
- Airport operators
- Investors in these businesses
- Potential new entrants tthe airport catering market
- Market regulators and policymakers
- Banks, analysts, consultants and other parties with interests in the sector
Spanning over 35 pages “European Airport Catering: Market Insight Report 2014” report Covering Summary, Market size and growth, Competitive landscape, Market trends, Market forecast, Appendix.
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