Industry Analysis & Industry Trends
Over the five years to 2015, revenue for the Airports industry in China has been growing at an annualized rate of 12.6%, driven by the rapid development of the Chinese economy. Cultural exchange campaigns between China and other countries also contributed to revenue growth. However, growth is expected to slow in 2015, as the continued smog in large cities such as Beijing severely affects the operations of airlines nationwide. Competition from high-speed rail is also suppressing demand for airlines, due to its lower price and convenience.
Over the past five years, the industry has changed significantly.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Airports industry in China has a medium concentration level as the four major players are estimated to account for a combined market share of 35.5% in 2015. These players operate the five busiest airports in China, namely Beijing Capital International Airport, Guangzhou Baiyun International Airport, Shanghai Pudong International Airport, Shanghai Hongqiao International Airport, and Shenzhen Bao'an International Airport. In 2015, these five airports account for about 28.0% of total numbers of domestic air passengers.
Due to slower growth of large cities in China, small and medium-sized cities have been expanding significantly faster, which in turn contributes to faster growth in air traffic volumes... purchase to read more