How big is the Airport Lounges Market?

The Airport Lounges Market size is expected to reach USD 13.72 billion in 2024 and grow at a CAGR of 4.96% to reach USD 17.48 billion by 2029. Read More

What is the current Airport Lounges Market size?

In 2024, the Airport Lounges Market size is expected to reach USD 13.72 billion. Read More

Who are the key players in Airport Lounges Market?

American Airlines Group Inc., Lufthansa Group, United Airlines, Inc., Qatar Airways Group and The Emirates Group are the major companies operating in the Airport Lounges Market. Read More

Which is the fastest growing region in Airport Lounges Market?

Middle East is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Airport Lounges Market?

In 2024, the Asia accounts for the largest market share in Airport Lounges Market. Read More

What years does this Airport Lounges Market cover, and what was the market size in 2023?

In 2023, the Airport Lounges Market size was estimated at USD 13.04 billion. The report covers the Airport Lounges Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Airport Lounges Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Airport Lounges Market Share

Statistics for the 2023 & 2024 Airport Lounges market share, created by Mordor Intelligence™ Industry Reports. Airport Lounges share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Airport Lounges Industry

While the airport lounges market remains fragmented, several key players command substantial market shares. Prominent names include American Airlines Group Inc., Lufthansa Group, United Airlines, The Emirates Group, and Qatar Airways Group.

United Airlines boasts its exclusive lounges, branded as United Clubs, providing travelers a tranquil space to relax, work, dine, or drink. United has a significant presence with over 45 United Club locations, six United Polaris lounges, and partner lounges for eligible travelers. In 2023, the company's other segment's operating revenue saw a 15.4% uptick from 2022, primarily fueled by increased mileage revenue from non-airline partners. Key drivers included heightened credit card spending and new member onboarding via a cobranded credit card partnership with JPMorgan Chase Bank, N.A. Furthermore, purchases of United Club memberships and one-time lounge passes increased from the prior year.

The Indian airport lounge market is expected to be valued at over USD 900 million by 2029, at an estimated CAGR of 5%.Dreamfolks a digital lounge access agreggator operating solely in Indian airport lounge access, accounted to USD 134 million in revenue in 2024.

Recently, airport lounge providers have prioritized upgrading their infrastructures to offer passengers a more luxurious and comforting experience. Additionally, many are forging partnerships with tech companies, focusing on premium lounges to enhance passenger amenities. Adopting modern technologies, like smart check-ins and virtual reality experiences, is poised to unlock significant business opportunities in the market.

These companies are broadening their global footprint, collaborating with regional airlines and airports to penetrate emerging markets and secure enduring contracts. These key players uphold a competitive advantage in the lounges market by synchronizing their strategies with market trends and technological advancements. For example, in September 2023, United Airlines unveiled the world's largest airport lounge at its Denver International Airport (DEN) hub. Located near gate B44 on the eastern side of DEN's B Concourse, the expansive 35,000-square-foot lounge spans three levels and boasts over 600 seating options.