Interiors Market Set For Long-Term Growth

The global market in products for commercial aircraft interiors is to grow at a compound annual rate of 4.6 per cent by 2020, according to consultancy firm Lucintel. According to its latest report on the interiors market, increasing passenger traffic and production rates for new aircraft are set to drive demand for IFE, seating and panels. The report concludes that the market for Airbus interiors will grow faster than Boeing, owing to a rise in the number of A321s and A380s expected to be delivered up to 2020, coupled with the entry into service of the A350. Meanwhile, growth in demand for stowage bins is predicted to outstrip that for other equipment including IFE.

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