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.
Know more
about this report at – http://mrr.cm/ZCY
Find all Food and
Beverages
Reports at: http://www.marketresearchreports.com/food-beverages
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