Skip to main content

Posts

Showing posts with the label Airport Catering Truck Market Trends

Airport Catering Truck Market: Higher Consumer Preference to Augment Demand

 The  airport catering truck market  continues to witness steady growth, as growing demand for aircraft ground support creates sustained opportunities for stakeholders. Airport authorities and airline companies continue to invest in infrastructure development, which in turn is augmenting demand for airport catering trucks around the globe, finds a new study. Driven by increasing development of airports across developed and emerging economies, the airport catering trucks market is likely to expand at a CAGR of 5.7% in terms of value, reveals a new study compiled by Fact.MR. In terms of volume, the report expects over 3 billion airport catering trucks to be sold by 2028. Higher Consumer Preference to Augment Demand Air travel continues to gain high momentum with growing number of people opting for air travel mode, either for leisure activities or business travel, albeit higher costs associated with air travel. According to IATA (International Air Transport Association)...