Industry Analysis & Industry Trends
In the five years through 2014, revenue for the Airport industry in China has been growing at an annualized rate of 9.6%, 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 be below average in 2014, as the continued smogt in large cities like Beijing is severely affecting the operations of airlines nationwide. Competition from high-speed rail is also suppressing demand for airlines, considering its lower price and convenience.
The industry has changed significantly over the past five years.... 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 40.7% in 2014. 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 2014, these five airports account for about 30.4% 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