Aircraft Stowage Market Report

Attractive Opportunities

Global Demand Analysis & Sales Opportunities in Aircraft Stowage Market

• The annual demand for aircraft stowage was USD 587.0 million in 2024 and is expected to reach USD 642.8 million in 2025, up 7.0% than the value in 2024.
• During the forecast period (2025 to 2034), the aircraft stowage market is expected to grow at a CAGR of 2.6%. The annual demand will reach of USD 811.7 million in 2034.
• During 2025-2034, the aircraft stowage industry is expected to generate a cumulative sales opportunity of USD 7431.60 million.

High-Growth Market Segments:

• North America is projected to retain its supremacy during the forecast period, whereas the Asia-Pacific is expected to experience the fastest growth.
• By Aircraft type, Narrow-Body aircraft are anticipated to drive demand for the aircraft stowage market, whereas Wide-Body aircraft are expected to experience the fastest growth rate in the coming years.
• By Stowage type, Overhead Bin is expected to remain the largest and fastest-growing system type in the market during the forecast period.
• By Sales Channel type, SFE is expected to remain the largest segment in the market.
• By End-User type, OE is estimated to remain the largest and fastest-growing end-user type in the market over the forecast period.

Market Statistics

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

Market Dynamics

Introduction

Airframers focuses on developing innovative, spacious, lightweight, and visually appealing stowage to meet airline and passenger expectations. These stowage provide passengers with easy access to their luggage, with storage capacity having evolved to accommodate a wide range of bag shapes and sizes. Aircraft stowage manufacturers are increasingly adopting strategies such as mergers & acquisitions and long-term contracts to strengthen their market position. Key growth drivers of the market include the anticipated increase in regional and commercial aircraft deliveries and the introduction of fuel-efficient aircraft variants. Additionally, the retrofitting of interior components as part of modernization efforts is further fuelling the expansion of the aircraft stowage market in the coming years.

Key players are heavily investing in research and development to develop efficient, lightweight, and spacious stowage that can store large amounts of luggage. Products by Safran, such as ECOS bins, have increased storage capacity by 60%. They are large, easy to maintain, and lightweight. FACC’s passenger luggage space upgrade allows 5 instead of 3 roller bags per 4-frame overhead luggage bin, along with a reduction of weight by 15kg.

Segment Analysis

By Aircraft Type

“Narrow-body aircraft are expected to remain dominant whereas wide-body aircraft to 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.
• Narrow-body aircraft is expected to be the dominant segment of the market in the foreseeable future. The anticipated rise in production rates for the A320 series, B737, and A220 creates new supply chain opportunities. In addition, leading suppliers of stowage bins, particularly overhead bins, focus on developing advanced bin systems for narrow-body aircraft. These innovations help airlines maximize baggage capacity in the overhead compartments, allowing for the accommodation of more luggage.
• Delays in the market entry of B777x and B787’s glitch dented the growth of the wide-body aircraft stowage market demand. However, it is expected that the market will bounce back at an impressive rate in the coming years, driven by B777x, B787, A350XWB, and A330 neo.

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By Stowage Type

“Overhead bins are anticipated to be the dominant segment in the forthcoming years.”

• The market is segmented into overhead stowage bins and other stowage types.
• Overhead stowage bins are used in all major platforms, including B737, B767, B787, A320 family, and A350XWB. New product developments in overhead stowage bins targeting aftermarkets are the key factor driving the demand for overhead stowage bins.

By End-User Type

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

• Based on the end-user type, the market is segmented as OE and aftermarket.
• Aircraft manufacturers are working closely with stowage solution providers during the design phase to ensure seamless integration and optimal utilization of cabin space. Such collaborations strengthen the OE segment's position in the market.

Regional Analysis

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

• Based on region, the market is segmented as North America, Europe, Asia-Pacific, and Rest of the World.
• Factors supporting the demand for aircraft overhead stowage bins in North America are the presence of several aircraft OEMs and tier players.
• On the other hand, Asia-Pacific is witnessing a rise in demand for air travel, which has led airlines to make new orders for aircraft of a newer generation.

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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 stowage market -  

• Safran S.A.
• AVIC Cabin Systems Limited
• Collins Aerospace
• The Boeing Company (Boeing Encore and Boeing IRC)
• Bucher Leichtbau AG
• EFW GmbH
• Jamco Corporation
• Diehl Stiftung & Co. KG (Diehl Aviation)
• Euro-Composites Corporation

Note: The above list does not necessarily include all the top players in the market. Are you the leading player in this market? We would love to include your name. Write to us at [email protected]

Report Features

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 stowage market is segmented into the following categories:

Aircraft Stowage 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 the Rest of the World)

Aircraft Stowage Market, by Stowage Type

• Overhead Stowage Bin (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Other Stowage (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

Aircraft Stowage 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 Stowage 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 Stowage 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 the Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s aircraft stowage market realities and future market possibilities for the forecast period of 2024 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.

Report 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

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected]