Aircraft Overhead Stowage Bins Market Growth Analysis | 2025-2034

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aircraft Overhead Stowage Bins Market

• The annual demand for aircraft overhead stowage bins was USD 474.0 million in 2024 and is expected to reach USD 519.0 million in 2025, up 7.0% than the value in 2024.
• During the forecast period (2025 to 2034), the aircraft overhead stowage bins market is expected to grow at a CAGR of 2.6%. The annual demand will reach of USD 655.1 million in 2034.
• During 2025-2034, the aircraft overhead stowage bins industry is expected to generate a cumulative sales opportunity of USD 5996.80 million.

High-Growth Market Segments:

• North America is projected to retain its supremacy during the forecast period, whereas Asia-Pacific is expected to experience the fastest growth.
• By Aircraft type, Narrow-Body Aircraft are anticipated to drive demand for aircraft overhead stowage bins market, whereas Wide-Body Aircraft are expected to experience the fastest growth rate in the coming years.
• By Stowage Bin type, Pivot Bins are anticipated to be the largest demand generator of the aircraft overhead stowage bins market whereas Translating Stowage Bins are expected to witness the fastest growth in the coming years.
• By Sales Channel type, SFE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing sales channel during the same period.
• By End-Use type, OE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing end-user during the same period.

Market Statistics

Have a look at the sales opportunities presented by the aircraft overhead stowage bins market in terms of growth and market forecast.

Market Dynamics

Introduction:

What are aircraft overhead stowage bins?

Aircraft overhead stowage bins are enclosed compartments located above passenger seats in the cabin, designed for storing carry-on baggage and personal items during a flight. These bins maximize cabin space utilization, improve passenger convenience, and ensure safety by securely holding luggage to prevent movement or injury during turbulence, takeoff, and landing.

Modern overhead stowage bins are engineered with lightweight yet durable materials such as composites to reduce aircraft weight while maintaining strength. They often feature advanced latching mechanisms, easy-access doors, and increased capacity to accommodate more bags. Their design not only enhances passenger comfort but also contributes to efficient cabin management and overall flight safety.

Market Drivers:

• The demand for overhead stowage bins is anticipated to grow over the next ten years, driven by factors such as increasing commercial aircraft deliveries, the implementation of fuel-efficient initiatives, advancements in bin design, and the expansion of global aircraft fleets. Manufacturers are ramping up their investments in research and development to create more advanced, efficient, and lightweight products.
• For example, Safran's ECOS bins offer a 60% increase in storage capacity, are easy to maintain, and are lighter than previous models. Similarly, FACC has enhanced passenger luggage space by redesigning its overhead bins to accommodate five roller bags instead of the typical three per four-frame bin, reducing the weight by 15kg. As a result, the market for aircraft overhead stowage bins is expected to return to pre-pandemic levels by 2026.

Segment Analysis

By Aircraft Type

“Narrow Body aircraft are expected to remain dominant whereas wide-body aircraft will be the fastest-growing aircraft type of the market during the forecast period.”

• The market is bifurcated into narrow-body aircraft, wide-body aircraft, regional aircraft, and business jets.
• The narrow-body segment is expected to lead the aircraft overhead stowage bins market in the coming years, driven by manufacturers' focus on creating more spacious bins for key aircraft programs such as the B737, A320, and their variants. Additionally, the faster recovery of narrow-body aircraft programs compared to wide-body models will further fuel this growth. The A320 family (including the NEO), B737 (including MAX), and A220 will continue to be the main drivers of this market segment in the foreseeable future.
• Wide Body aircraft will be the fastest-growing aircraft type in the aircraft overhead stowage bins market during the forecast period. As airlines continue to expand their fleets to meet growing demand for international and long-haul travel, the need for wide-body aircraft which are designed to accommodate more passengers will drive the demand for additional overhead storage capacity.

By Stowage bin Type

“Pivot bins are anticipated to be the largest demand generator of the aircraft overhead stowage bins market whereas translating stowage bin is expected to witness the fastest growth in the coming years.”

• The market is segmented into shelf bins, pivot bins, and translating bins.
• Pivot bins are expected to be the dominant bin type of the market in the forthcoming years. Pivot bins provide high visibility and high article retention accidents. They are currently used on all the major platforms, including the B737, B747, B767, B787, A320 family, and A350XWB. Key players are developing new and advanced products, primarily targeting pivot bins and shelf bins.
• Translating stowage bins is expected to witness the fastest growth in the coming years. As airlines strive to improve the overall passenger experience, there is a greater focus on optimizing cabin space. Translating stowage bins allows for easier access and more comfortable storage options, which can help improve overall customer satisfaction.

By Sales-Channel Type

“SFE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing sales channel during the same period.”

• The market is segmented into BFE and SFE.
• Among the various sales channels, SFE (Supplier Furnished Equipment) currently dominates the aircraft overhead stowage bins market, accounting for over three-fifths of the total share. Airlines are increasingly transitioning from BFE (Buyer Furnished Equipment) to SFE products, driven by advancements in retrofit solutions that help reduce additional costs and prevent delays caused by BFE suppliers. SFE's popularity is also rising due to delays in wide-body aircraft deliveries, making it a more attractive option for cabin outfitting.

By End-User Type

“OE is expected to maintain its dominance during the forecast period and is likely to be the faster-growing end-user during the same period.”

• Based on the end-user type, the market is segmented as OE and aftermarket.
• The OE segment dominates the market and is anticipated to maintain its dominance in the years to come; and is likely to grow at a faster pace for the same period. As airlines continue to invest in modernizing their fleets and improving onboard services, the OE segment stands to benefit from the continued integration of innovative materials and high-performance equipment into new aircraft models?.

Regional Analysis

“North America is expected to maintain its dominant position throughout the forecast period, while Asia-Pacific is anticipated to witness the fastest growth.”

• The North American region is likely to dominate the market for aircraft overhead stowage bins in the coming years. Factors supporting the demand for aircraft overhead stowage bins in North America are the presence of several aircraft OEMs and tier players.
• Asia-Pacific is likely to witness the fastest growth rate in the coming years, due to high growth in air travel demand, which led airlines to make new orders for aircraft of a newer generation. The Chinese aircraft COMAC C919 is now expected to enter service in 2024, with the first deliveries scheduled for that year. As aircraft orders and deliveries from China and other Asian markets continue to grow, the demand for overhead stowage bins is anticipated to rise accordingly over the forecast period. This increase will be fuelled by the expansion of China's commercial aviation fleet and the rising need for efficient and innovative cabin solutions, both for domestic use and in international markets, particularly as new aircraft like the C919 begin to enter operation.

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Competitive Landscape

Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the aircraft overhead stowage bins market -  

• Safran S.A.
• AVIC Cabin Systems Limited
• Collins Aerospace
• Jamco Corporation
• Diehl Stiftung & Co. KG
• Bucher Leichtbau AG
• Boeing Encore Interiors LLC
• EFW GmbH
• Euro-Composites Corporation
• Haeco Cabin Solutions
• The Gill Corporation

Note: The above list does not necessarily include all the top players of the market.

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Recent Developments/Mergers & Acquisitions:

• In 2023, Diehl Aviation and HAECO Cabin Solutions teamed up to create a premium-economy cabin concept for single-aisle aircraft, balancing passenger comfort with airline profitability. Diehl Aviation provided advanced components, including larger overhead bins, ECO lightweight partitions, and modern lighting, all in a five-abreast layout. The collaboration aims to deliver a more comfortable and efficient cabin experience, boosting both passenger satisfaction and airline performance.

Report Features

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft overhead stowage bins market realities and future market possibilities for the forecast period of 2025 to 2034
• The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Research Methodology

This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 15 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The aircraft overhead stowage bins market is segmented into the following categories:

Aircraft Overhead Stowage Bins Market, by Aircraft Type

• Narrow-body aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Wide-body aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Regional Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Business Jets (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Overhead Stowage Bins Market, by Stowage Bin Type

• Shelf Bin (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Pivot Bin (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Translating Bin (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Overhead Stowage Bins Market, by Sales Channel Type

• BFE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• SFE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Overhead Stowage Bins Market, by End-User Type

• OE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Overhead Stowage Bins Market, by Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Saudi Arabia, Brazil, and Others)

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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