Aircraft Interior Refurbishment and Repair Market Size, Share, Growth Analysis, By Aircraft Type(Narrow body aircraft, Wide body aircraft, Large body aircraft), By Refurbishment Type(Interior refurbishment and Exterior refurbishment), By End User(Commercial airlines, private aircraft owners, and military aircraft), By Region - Industry Forecast 2024-2031

Global Aircraft Interior Refurbishment and Repair Market size was valued at USD 1.8 billion in 2022 and is expected to grow from USD 1.88 billion in 2023 to reach USD 2.61 billion by 2031, at a CAGR of 4.2% during the forecast period (2024-2031).

Aircraft refurbishment is an essential process to ensure the continued health and safety of an aircraft. This includes inspections, repairs, replacements, rectification of defects and changes in appearance. Construction, renovation and repair of cabin interiors are all part of the retrofit refurbishing process, which gives the aircraft a new look while maintaining all the required standards. While refurbishing the passenger seats, the entire seating arrangement of the aircraft is changed economy class, premium economy, first class and business class. The entire VIP cabin is renovated during the VIP renovation, including the flight seats, overhead bins, lavatories and other features. In the aircraft refurbishing process, various parts that are used in cabin and interior are made up of different materials such as foam, plastic, board, carbon, fibre, textile, and composite metal in order to reduce the weight of an aircraft and to improve performance.

The advantages of aircraft refurbishing are enhancing the new look, luxury, expansion in the seating capacity, and improvement in the current aircraft design and performance. The aircraft refurbishing also removes the external damage of the aircraft, like external skin damage. The refurbished aircraft offers passengers a more luxurious experience with bedrooms, dining rooms and living areas. Factors such as growth in commercial aviation operations and rising demand from developing countries are expected to fuel the growth of the global market over the forecast period. Increase in production and deliveries of new aircrafts and high maintenance cost of refurbished aircrafts are expected to hamper the market growth.

The market of Aircraft Interior Refurbishment and Repair has grown rapidly over time, due to the continuing demand for repairing aircraft interiors that are constantly changing according to consumer needs, as well as aviation regulations. In the market of these interiors, there are different types of products and services that aim at improving the interior comfort, safety and beautification. The scope of the market is the commercial and private aviation sector and would require refurbishing or repair.

The basic requirement for the Aircraft Interior Refurbishment and Repair market is to attain the long-term durability, safety, and modernization of aircraft interior. Airlines and aircraft owners want companies to refurbish and repair fleets so that the life of their fleets could be extended, ways in which passenger’s experience could be improved and the aviation laws meet the stringent standards. An important piece of the puzzle in sustaining the airworthiness of aircraft while catering to the ever-increasing needs for comfort and innovation in aviation.

A multitude of drivers are present that drive the market, and these include growing demand in the global air travel, aging aircraft fleets as well as focus increasing on passenger experience. Airlines are spending on interior refurbishments to gain an edge in a highly competitive environment by wooing clients. Besides, the necessity of conformity with up to date safety and environmental regulations encourages the aviation sector to opt for more environmentally friendly and technologically advanced interior alternatives. In the light of these prospects, the market for Aircraft Interior Refurbishment and Repair has to deal with issues like high costs involved in refurbishment projects, complicated regulations, as well as unforeseen interruptions such as that during the COVID-19 pandemic.

The market is experiencing several challenges, but one of the significant ones is the complicated process of conforming to dynamically changing aviation regulations and standards. This is therefore a great challenge to meet these requirements without causing high expenses and time or instances where there is minimal downtime during refurbishment.

US Aircraft Interior Refurbishment and Repair Market is poised to grow at a sustainable CAGR for the next forecast year.