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Latin America Airport Ground Handling Market By Service (Passenger Handling, Ramp Handling, Cargo Handling, Others), By Airport (Domestic, International), By Provider (Independent, Airlines and airports): Opportunity Analysis and Industry Forecast, 2023-2032
Market Report I 2023-05-01 I 71 Pages I Allied Market Research
The Latin America airport ground handling market experiences various influences that impact its development, impede its advancement, and present possibilities for expansion. A key factor driving this market is consistent growth in air travel throughout the region. As the economies of Latin America continue to evolve and its population seeks enhanced connectivity, there has been a continuous rise in the demand for air travel. Consequently, this surge in passengers has resulted in an increased requirement for ground handling services that are both efficient and dependable.
On the other hand, there are several market restraints that present obstacles to the market's growth. The regulatory framework in Latin America is intricate and unpredictable, posing difficulties for service providers to maneuver through the legal terrain. Moreover, fluctuations in fuel prices and economic circumstances impact the airlines' profitability and subsequently influence their investment in ground handling services.
However, the Latin America airport ground handling market presents extensive market opportunities. Apart from passenger servicing, the market encompasses cargo handling, which holds immense potential for growth. The region's strategic geographical location positions it as an ideal hub for international cargo traffic and rise of e-commerce has amplified the need for efficient cargo handling services.
The Latin America airport ground handling market is set to experience substantial growth in the future. Industry experts predict that sustainability and environmentally friendly practices are expected to become increasingly important trends. This shift is driven by market and regulatory factors, as stakeholders recognize the need to reduce the carbon footprint of aviation operations. Compliance with safety and security regulations is expected to continue to be a top priority for airlines, airports, and service providers, as non-compliance leads to severe consequences.
The market is segmented into service, airport, and provider. Further, on the basis of service, the market is segregated into passenger handling, ramp handling, cargo handling, and others. By airport, it is bifurcated into domestic and international. Depending on provider, the market is classified into independent and airlines & airports.
The Latin America airport ground handling market is characterized by a diverse range of services that cater to different needs. While passenger handling services are expected to continue to be of utmost importance, there is anticipated to be growth in cargo handling, aircraft maintenance, and catering services. This diversification creates ample opportunities for market expansion. The market landscape is dynamic, with intense competition among service providers, airlines, and airports. To gain a competitive edge, these entities employ innovative strategies and prioritize the quality of their services. In addition, market growth is expected to be driven by adoption of technology, as automation and digitization become increasingly prevalent in ground handling operations.
New product development is imperative to maintain competitiveness. Continuous innovation is necessary for service providers to meet the evolving needs and expectations of airlines and airports. Moreover, R&D activities play a crucial role in enhancing operational efficiency and safety. This involves the creation of new technologies, equipment, and processes to streamline ground handling operations. Furthermore, pricing strategies are a significant consideration. Service providers find a balance between competitive pricing and maintaining profitability. This is predicted to be challenging in a market with fluctuating economic conditions and price-sensitive customers.
The Porter's five forces analysis analyzes the competitive scenario of the Latin America airport ground handling market and role of each stakeholder. These forces include the bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants, and competitive rivalry.
The market's low threat of new entrants is due to its capital-intensive nature and need for extensive regulatory approvals. Established players in the industry have strong relationships with airlines and airports, making it challenging for new entrants to establish themselves. The bargaining power of suppliers is significant, specifically equipment and technology providers, and it lies in their ability to exert bargaining power. Service providers rely on these suppliers for cutting-edge equipment and technology, which impacts their competitiveness.
The bargaining power of buyers, including airlines and airports, is high as they have multiple service providers to choose from. They negotiate for better prices and higher service quality. The threat of substitutes is minimal as ground handling services are essential for airport operations. However, the market experiences intense competitive rivalry, with numerous service providers competing for contracts and market share.
A SWOT analysis uncovers the internal strengths and weaknesses of the Latin America airport ground handling market, and the external opportunities and threats it encounters. The strengths encompass rise in demand for air travel, potential for cargo services, and the market's capacity to adapt to emerging technologies. On the other hand, weaknesses revolve around intricate regulatory environment and financial susceptibility of airlines, which impact their investment in ground handling services. Opportunities arise from diversification of services, sustainability initiatives, and implementation of automation and digitization. Conversely, threats consist of regulatory modifications, economic instability, and fierce competition.
Key market players are Swissport International Ltd., Menzies Aviation, Dnata, WFS - Worldwide Flight Services, Aviapartner, Acciona Airport Services, Aeromexico Servicios, Havas, InselAir, and AERTEC Solutions.
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Key Market Segments
By Service
- Passenger Handling
- Ramp Handling
- Cargo Handling
- Others
By Airport
- Domestic
- International
By Provider
- Independent
- Airlines and airports
- Key Market Players
- Aviapartner
- LGS Handling
- Gateway Ground Services
- ATS International
- Prime Airport Services
- Servisair
- Aviance US
- Swissport
- Overall Aviation Services
- Gate Gourmet
CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits to the Stakeholders
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.3. Porter's Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: LATIN AMERICA AIRPORT GROUND HANDLING MARKET, BY SERVICE
4.1. Overview
4.1.1. Market Size and Forecast, By Service
4.2. Passenger Handling
4.3. Ramp Handling
4.4. Cargo Handling
4.5. Others
CHAPTER 5: LATIN AMERICA AIRPORT GROUND HANDLING MARKET, BY AIRPORT
5.1. Overview
5.1.1. Market Size and Forecast, By Airport
5.2. Domestic
5.3. International
CHAPTER 6: LATIN AMERICA AIRPORT GROUND HANDLING MARKET, BY PROVIDER
6.1. Overview
6.1.1. Market Size and Forecast, By Provider
6.2. Independent
6.3. Airlines and airports
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2022
CHAPTER 8: COMPANY PROFILES
8.1. Aviapartner
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.1.6. Business performance
8.1.7. Key strategic moves and developments
8.2. LGS Handling
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.2.6. Business performance
8.2.7. Key strategic moves and developments
8.3. Gateway Ground Services
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.3.6. Business performance
8.3.7. Key strategic moves and developments
8.4. ATS International
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.4.6. Business performance
8.4.7. Key strategic moves and developments
8.5. Prime Airport Services
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Business performance
8.5.7. Key strategic moves and developments
8.6. Servisair
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.6.6. Business performance
8.6.7. Key strategic moves and developments
8.7. Aviance US
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.7.7. Key strategic moves and developments
8.8. Swissport
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. Overall Aviation Services
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.9.6. Business performance
8.9.7. Key strategic moves and developments
8.10. Gate Gourmet
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
8.10.6. Business performance
8.10.7. Key strategic moves and developments
LIST OF TABLES
TABLE 01. LATIN AMERICA AIRPORT GROUND HANDLING MARKET, BY SERVICE, 2022-2032 ($MILLION)
TABLE 02. LATIN AMERICA AIRPORT GROUND HANDLING MARKET, BY AIRPORT, 2022-2032 ($MILLION)
TABLE 03. LATIN AMERICA AIRPORT GROUND HANDLING MARKET, BY PROVIDER, 2022-2032 ($MILLION)
TABLE 04. AVIAPARTNER: KEY EXECUTIVES
TABLE 05. AVIAPARTNER: COMPANY SNAPSHOT
TABLE 06. AVIAPARTNER: OPERATING SEGMENTS
TABLE 07. AVIAPARTNER: PRODUCT PORTFOLIO
TABLE 08. AVIAPARTNER: KEY STRATERGIES
TABLE 09. LGS HANDLING: KEY EXECUTIVES
TABLE 10. LGS HANDLING: COMPANY SNAPSHOT
TABLE 11. LGS HANDLING: OPERATING SEGMENTS
TABLE 12. LGS HANDLING: PRODUCT PORTFOLIO
TABLE 13. LGS HANDLING: KEY STRATERGIES
TABLE 14. GATEWAY GROUND SERVICES: KEY EXECUTIVES
TABLE 15. GATEWAY GROUND SERVICES: COMPANY SNAPSHOT
TABLE 16. GATEWAY GROUND SERVICES: OPERATING SEGMENTS
TABLE 17. GATEWAY GROUND SERVICES: PRODUCT PORTFOLIO
TABLE 18. GATEWAY GROUND SERVICES: KEY STRATERGIES
TABLE 19. ATS INTERNATIONAL: KEY EXECUTIVES
TABLE 20. ATS INTERNATIONAL: COMPANY SNAPSHOT
TABLE 21. ATS INTERNATIONAL: OPERATING SEGMENTS
TABLE 22. ATS INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 23. ATS INTERNATIONAL: KEY STRATERGIES
TABLE 24. PRIME AIRPORT SERVICES: KEY EXECUTIVES
TABLE 25. PRIME AIRPORT SERVICES: COMPANY SNAPSHOT
TABLE 26. PRIME AIRPORT SERVICES: OPERATING SEGMENTS
TABLE 27. PRIME AIRPORT SERVICES: PRODUCT PORTFOLIO
TABLE 28. PRIME AIRPORT SERVICES: KEY STRATERGIES
TABLE 29. SERVISAIR: KEY EXECUTIVES
TABLE 30. SERVISAIR: COMPANY SNAPSHOT
TABLE 31. SERVISAIR: OPERATING SEGMENTS
TABLE 32. SERVISAIR: PRODUCT PORTFOLIO
TABLE 33. SERVISAIR: KEY STRATERGIES
TABLE 34. AVIANCE US: KEY EXECUTIVES
TABLE 35. AVIANCE US: COMPANY SNAPSHOT
TABLE 36. AVIANCE US: OPERATING SEGMENTS
TABLE 37. AVIANCE US: PRODUCT PORTFOLIO
TABLE 38. AVIANCE US: KEY STRATERGIES
TABLE 39. SWISSPORT: KEY EXECUTIVES
TABLE 40. SWISSPORT: COMPANY SNAPSHOT
TABLE 41. SWISSPORT: OPERATING SEGMENTS
TABLE 42. SWISSPORT: PRODUCT PORTFOLIO
TABLE 43. SWISSPORT: KEY STRATERGIES
TABLE 44. OVERALL AVIATION SERVICES: KEY EXECUTIVES
TABLE 45. OVERALL AVIATION SERVICES: COMPANY SNAPSHOT
TABLE 46. OVERALL AVIATION SERVICES: OPERATING SEGMENTS
TABLE 47. OVERALL AVIATION SERVICES: PRODUCT PORTFOLIO
TABLE 48. OVERALL AVIATION SERVICES: KEY STRATERGIES
TABLE 49. GATE GOURMET: KEY EXECUTIVES
TABLE 50. GATE GOURMET: COMPANY SNAPSHOT
TABLE 51. GATE GOURMET: OPERATING SEGMENTS
TABLE 52. GATE GOURMET: PRODUCT PORTFOLIO
TABLE 53. GATE GOURMET: KEY STRATERGIES
LIST OF FIGURES
FIGURE 01. LATIN AMERICA AIRPORT GROUND HANDLING MARKET, 2022-2032
FIGURE 02. SEGMENTATION OF LATIN AMERICA AIRPORT GROUND HANDLING MARKET, 2022-2032
FIGURE 03. TOP INVESTMENT POCKETS IN LATIN AMERICA AIRPORT GROUND HANDLING MARKET (2023-2032)
FIGURE 04. PORTER FIVE-1
FIGURE 05. PORTER FIVE-2
FIGURE 06. PORTER FIVE-3
FIGURE 07. PORTER FIVE-4
FIGURE 08. PORTER FIVE-5
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: LATIN AMERICA AIRPORT GROUND HANDLING MARKET
FIGURE 10. LATIN AMERICA AIRPORT GROUND HANDLING MARKET,BY SERVICE, 2022 ($MILLION)
FIGURE 11. LATIN AMERICA AIRPORT GROUND HANDLING MARKET,BY AIRPORT, 2022 ($MILLION)
FIGURE 12. LATIN AMERICA AIRPORT GROUND HANDLING MARKET,BY PROVIDER, 2022 ($MILLION)
FIGURE 13. TOP WINNING STRATEGIES, BY YEAR
FIGURE 14. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 15. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 16. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 17. COMPETITIVE DASHBOARD
FIGURE 18. COMPETITIVE HEATMAP: LATIN AMERICA AIRPORT GROUND HANDLING MARKET
FIGURE 19. TOP PLAYER POSITIONING, 2022
FIGURE 20. AVIAPARTNER: NET SALES, 2020-2022*($MILLION)
FIGURE 21. AVIAPARTNER: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 22. AVIAPARTNER: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 23. LGS HANDLING: NET SALES, 2020-2022*($MILLION)
FIGURE 24. LGS HANDLING: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 25. LGS HANDLING: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 26. GATEWAY GROUND SERVICES: NET SALES, 2020-2022*($MILLION)
FIGURE 27. GATEWAY GROUND SERVICES: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 28. GATEWAY GROUND SERVICES: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 29. ATS INTERNATIONAL: NET SALES, 2020-2022*($MILLION)
FIGURE 30. ATS INTERNATIONAL: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 31. ATS INTERNATIONAL: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 32. PRIME AIRPORT SERVICES: NET SALES, 2020-2022*($MILLION)
FIGURE 33. PRIME AIRPORT SERVICES: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 34. PRIME AIRPORT SERVICES: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 35. SERVISAIR: NET SALES, 2020-2022*($MILLION)
FIGURE 36. SERVISAIR: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 37. SERVISAIR: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 38. AVIANCE US: NET SALES, 2020-2022*($MILLION)
FIGURE 39. AVIANCE US: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 40. AVIANCE US: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 41. SWISSPORT: NET SALES, 2020-2022*($MILLION)
FIGURE 42. SWISSPORT: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 43. SWISSPORT: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 44. OVERALL AVIATION SERVICES: NET SALES, 2020-2022*($MILLION)
FIGURE 45. OVERALL AVIATION SERVICES: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 46. OVERALL AVIATION SERVICES: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
FIGURE 47. GATE GOURMET: NET SALES, 2020-2022*($MILLION)
FIGURE 48. GATE GOURMET: REVENUE SHARE, BY SEGMENT, 2022 (%)
FIGURE 49. GATE GOURMET: REVENUE SHARE, BY GEOGRAPHY, 2022 (%)
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