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Commercial Aircraft Cabin Trash Compactors Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 129
  • SKU: IRTNTR73788
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The commercial aircraft cabin trash compactors market share is expected to increase to USD 43.53 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.75%.

This commercial aircraft cabin trash compactors market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial aircraft cabin trash compactors market segmentations by application (narrow body aircraft, wide body aircraft, and regional aircraft) and geography (Europe, North America, APAC, South America, and Middle East and Africa). The commercial aircraft cabin trash compactors market report also offers information on several market vendors, including AERTEC Group, Airbus SE, Iacobucci HF Aerospace Spa, Safran SA, and The MEL Group among others.

What will the Commercial Aircraft Cabin Trash Compactors Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Commercial Aircraft Cabin Trash Compactors Market Size for the Forecast Period and Other Important Statistics

 

Commercial Aircraft Cabin Trash Compactors Market: Key Drivers, Trends, and Challenges

The growing demand for new commercial aircraft is notably driving the commercial aircraft cabin trash compactors market growth, although factors such as the grounding of airlines and aircraft models due to financial issues and accidents may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial aircraft cabin trash compactors industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Commercial Aircraft Cabin Trash Compactors Market Driver

The growing demand for new commercial aircraft is one of the drivers fueling the commercial aircraft cabin trash compactors market growth. It is expected that the civil passenger traffic will double in the next 15 years globally and APAC  is expected to account for the majority of the incremental growth. Moreover, the growth in the global air passenger traffic can only be met if airlines procure more aircraft to increase their fleet size and replace the retiring aircraft. For instance, Airbus doubled its gross order intake from 2020 to 2021, with 771 new sales. In the next 20 years, Airbus expects Indian carriers to account for 6% of its order book. Thus, the growing demand for new commercial aircraft is expected to drive the demand for commercial aircraft cabin trash compactors during the forecast period. 

Key Commercial Aircraft Cabin Trash Compactors Market Trend

The growth of no-frills airlines may reduce the size and weight of aircraft trash compactors is one of the key commercial aircraft cabin trash compactors market trends supporting the market growth. There is an emergence of no-frills airlines as other modes of travel, such as rail and road networks, are not developed enough in most countries for convenient travel. No-frills airlines generally do offer food and beverages on board, and if they do, they charge passengers additionally. As a result, most buyers tend to avoid buying them. Thus, such airlines generate a lesser amount of cabin waste than that of a full-service airline. This may lead to the development of very small aircraft trash compactors for commercial aircraft. Hence, the growth of no-frills airlines may lead to the development of smaller and lightweight aircraft trash compactors and will propel the commercial aircraft cabin trash compactors market growth during the forecast period. 

Key Commercial Aircraft Cabin Trash Compactors Market Challenge

The grounding of airlines and aircraft models due to financial issues and accidents is one of the key factors challenging the commercial aircraft cabin trash compactors market growth. The grounding of several airlines across the world in the recent past has been led due to excessive price competition. For instance, Jet Airways, which became the largest Indian airline in 2010 and occupied that position until Indigo overtook it, suspended all its operations in April 2019. The airline operated a fleet of approximately 124 commercial jets. A majority of these aircraft remain grounded. Similarly, a German airline named Germania grounded all its airplanes in February 2019 and filed for bankruptcy. Both airlines are expected to be acquired by potential suitors. However, there is uncertainty about the time that could lapse before these airlines are revived. Therefore, the grounding of airlines will challenge the commercial aircraft cabin trash compactors market growth during the forecast period. 

This commercial aircraft cabin trash compactors market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global commercial aircraft cabin trash compactors market as a part of the global aerospace and defense market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial aircraft cabin trash compactors market during the forecast period.

Who are the Major Commercial Aircraft Cabin Trash Compactors Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AERTEC Group
  • Airbus SE
  • Iacobucci HF Aerospace Spa
  • Safran SA
  • The MEL Group

 

This statistical study of the commercial aircraft cabin trash compactors market encompasses successful business strategies deployed by the key vendors. The commercial aircraft cabin trash compactors market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • Groupe-aertec.com - The company offers commercial aircraft cabin trash compactors namely vacuum trash compactors.
  • Airbus.com - The company offers commercial aircraft cabin trash compactors namely Mobile Vacuum Trash Compactor.
  • Ihfelectronics.com - The company offers commercial aircraft cabin trash compactors such as HFWF2003, HFWF2007, HFWH2003.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The commercial aircraft cabin trash compactors market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Commercial Aircraft Cabin Trash Compactors Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the commercial aircraft cabin trash compactors market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Commercial Aircraft Cabin Trash Compactors Market?

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39% of the market’s growth will originate from Europe during the forecast period. Germany and France are the key markets for commercial aircraft cabin trash compactors market in Europe. Market growth in this region will be faster than the growth of the market in other regions.

The growing demand for wide-body and regional aircraft will facilitate the commercial aircraft cabin trash compactors market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic severely impacted the regional market. However, the initiation of large-scale COVID-19 vaccination drives in 2021 led to the resumption of operations in end-user industries. This has increased the demand for commercial aircraft cabin trash compactors in the region. Thus, such factors will drive the growth of the regional commercial aircraft cabin trash compactors market during the forecast period.

What are the Revenue-generating Application Segments in the Commercial Aircraft Cabin Trash Compactors Market?

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The commercial aircraft cabin trash compactors market share growth by the narrow-body aircraft segment will be significant during the forecast period. A regional aircraft also has a single aisle but seats 100 or fewer passengers. The demand for narrow-body aircraft is fueled by the efficiency-focused operations of aircraft carriers in emerging or developed economies, where factors such as average load factors and seasonality play a vital role in determining profit margins. Hence, the growth of the narrow-body segment of the global commercial aircraft market will be crucial in augmenting the monetary dynamics of the global commercial aircraft cabin trash compactors market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial aircraft cabin trash compactors market size and actionable market insights on post COVID-19 impact on each segment.

 

Commercial Aircraft Cabin Trash Compactors Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.75%

Market growth 2022-2026

$ 43.53 million

Market structure

Concentrated

YoY growth (%)

5.71

Regional analysis

Europe, North America, APAC, South America, and Middle East and Africa

Performing market contribution

Europe at 39%

Key consumer countries

US, China, Singapore, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AERTEC Group, Airbus SE, Iacobucci HF Aerospace Spa, Safran SA, and The MEL Group

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Commercial Aircraft Cabin Trash Compactors Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive commercial aircraft cabin trash compactors market growth during the next five years
  • Precise estimation of the commercial aircraft cabin trash compactors market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the commercial aircraft cabin trash compactors industry across Europe, North America, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of commercial aircraft cabin trash compactors market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Narrow body aircraft - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Narrow body aircraft - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Narrow body aircraft - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Narrow body aircraft - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Narrow body aircraft - Year-over-year growth 2021-2026 (%)
    • 5.4 Wide body aircraft - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Wide body aircraft - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Wide body aircraft - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Wide body aircraft - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Wide body aircraft - Year-over-year growth 2021-2026 (%)
    • 5.5 Regional aircraft - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Regional aircraft - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Regional aircraft - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Regional aircraft - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Regional aircraft - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Application
      • Exhibit 40: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 Singapore - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Singapore - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Singapore - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Singapore - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Singapore - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 AERTEC Group
              • Exhibit 93: AERTEC Group - Overview
              • Exhibit 94: AERTEC Group - Product / Service
              • Exhibit 95: AERTEC Group - Key offerings
            • 10.4 Airbus SE
              • Exhibit 96: Airbus SE - Overview
              • Exhibit 97: Airbus SE - Business segments
              • Exhibit 98: Airbus SE - Key news
              • Exhibit 99: Airbus SE - Key offerings
              • Exhibit 100: Airbus SE - Segment focus
            • 10.5 Iacobucci HF Aerospace Spa
              • Exhibit 101: Iacobucci HF Aerospace Spa - Overview
              • Exhibit 102: Iacobucci HF Aerospace Spa - Product / Service
              • Exhibit 103: Iacobucci HF Aerospace Spa - Key news
              • Exhibit 104: Iacobucci HF Aerospace Spa - Key offerings
            • 10.6 Safran SA
              • Exhibit 105: Safran SA - Overview
              • Exhibit 106: Safran SA - Business segments
              • Exhibit 107: Safran SA - Key news
              • Exhibit 108: Safran SA - Key offerings
              • Exhibit 109: Safran SA - Segment focus
            • 10.7 The MEL Group
              • Exhibit 110: The MEL Group - Overview
              • Exhibit 111: The MEL Group - Product / Service
              • Exhibit 112: The MEL Group - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 113: Inclusions checklist
                • Exhibit 114: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 115: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 116: Research methodology
                • Exhibit 117: Validation techniques employed for market sizing
                • Exhibit 118: Information sources
              • 11.5 List of abbreviations
                • Exhibit 119: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              The commercial aircraft cabin trash compactors market market growth will increase by $$ 43.53 mn during 2023-2026.
              The commercial aircraft cabin trash compactors market market is expected to grow at a CAGR of 7.75% during 2023-2026.
              Technavio has segmented the commercial aircraft cabin trash compactors market market by application (Narrow body aircraft, Wide body aircraft, and Regional aircraft) and geography (Europe, North America, APAC, South America, and Middle East and Africa).
              AERTEC Group, Airbus SE, Iacobucci HF Aerospace Spa, Safran SA, The MEL Group are a few of the key vendors in the commercial aircraft cabin trash compactors market market.
              Europe will register the highest growth rate of 39% among the other regions. Therefore, the commercial aircraft cabin trash compactors market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the commercial aircraft cabin trash compactors market market growth are:
              • Growing demand for new commercial aircraft
              • Growth of no-frills airlines may reduce size and weight of aircraft trash compactors
              The commercial aircraft cabin trash compactors market market vendors should focus on grabbing business opportunities from the narrow body aircraft segment as it accounted for the largest market share in the base year.
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