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Flights - Algeria

Algeria
  • Algeria is projected to generate a revenue of US$495.50m in the Flights market by 2024.
  • The expected annual growth rate (CAGR 2024-2029) is 6.75%, which will result in a projected market volume of US$686.80m by 2029.
  • The number of users in Algeria's Flights market is expected to reach 5.33m users by 2029.
  • The projected user penetration is 8.1% in 2024 and 10.8% by 2029.
  • The average revenue per user (ARPU) is expected to be US$131.50.
  • By 2029, online sales are projected to generate 83% of total revenue in Algeria's Flights market.
  • In comparison to other countries, United States is expected to generate the highest revenue of US$143bn in 2024.
  • Despite recent economic challenges, Algeria's air travel market shows steady growth, with increased demand for domestic flights and greater interest in international destinations.

Definition:

The Flights market contains air travel bookings regardless of the purchase channel, such as an airline's website or a travel agency.

Additional Information:

The main performance indicators of the Flights market are revenues, average revenue per user (ARPU), user numbers and user penetration rates. Additionally, online and offline sales channel shares display the distribution of online and offline bookings. The ARPU refers to the average revenue one user generates per year while the revenue represents the total booking volume. Revenues are generated through both online and offline sales channels and include exclusively B2C revenues and users for the above-mentioned markets. User numbers show only those individuals who have made a reservation, independent of the number of travelers on the booking. Each user is only counted once per year. Additional definitions for each market can be found within the respective market pages.

The booking volume includes all booked flights made by users from the selected region, independent of the departure and arrival airports relating to the booked flights.

For further information on the data displayed, refer to the info button right next to each box.

In-Scope

  • Air travel booked over the internet or offline (e.g. in a travel agency or at the airport)
  • All bookings made by users from the selected region, independent of the departure and arrival airports

Out-Of-Scope

  • Non-commercial air traffic
Flights: market data & analysis - Cover

Market Insights report

Flights: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Key Players

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Flights market in Algeria is experiencing significant growth and development. Customer preferences are shifting towards more affordable and convenient travel options, leading to an increase in demand for flights. This trend is driven by several factors, including the rise of low-cost carriers, the expansion of airline networks, and the growing middle class in Algeria.

    Customer preferences:
    In recent years, there has been a shift in customer preferences towards more affordable and convenient travel options. Algerian travelers are increasingly looking for flights that offer competitive prices and convenient schedules. This has led to the rise of low-cost carriers, which provide budget-friendly options for both domestic and international travel. Additionally, customers are seeking airlines that offer a wide range of destinations and flexible booking options to cater to their travel needs.

    Trends in the market:
    The Flights market in Algeria is witnessing several key trends. Firstly, there has been an expansion of airline networks, with both domestic and international carriers increasing their presence in the country. This has led to a wider range of flight options and increased competition, resulting in more affordable fares for customers. Secondly, there has been a growth in online travel platforms, making it easier for customers to compare prices and book flights. This has increased transparency in the market and empowered customers to make informed decisions. Lastly, there has been a rise in the number of direct flights from Algeria to popular tourist destinations, catering to the increasing demand for leisure travel.

    Local special circumstances:
    Algeria's geographical location and its strong ties with Europe and Africa make it a strategic hub for air travel. The country serves as a gateway to both continents, attracting both business and leisure travelers. Additionally, Algeria has a large diaspora living abroad, who frequently travel back to their home country. This has created a consistent demand for flights between Algeria and various international destinations.

    Underlying macroeconomic factors:
    The growth and development of the Flights market in Algeria can be attributed to several underlying macroeconomic factors. Firstly, the country has experienced steady economic growth in recent years, resulting in an increase in disposable income and a growing middle class. This has led to an increase in travel demand, as more people are able to afford air travel. Secondly, the government has implemented policies to promote tourism and attract foreign investment, leading to an influx of visitors to the country. This has further boosted the demand for flights in Algeria. Lastly, the improvement in infrastructure, including the expansion and modernization of airports, has made air travel more accessible and convenient for Algerian travelers. In conclusion, the Flights market in Algeria is experiencing significant growth and development. Customer preferences are shifting towards more affordable and convenient travel options, leading to an increase in demand for flights. This trend is driven by the rise of low-cost carriers, the expansion of airline networks, and the growing middle class in Algeria. The market is also influenced by local special circumstances, such as Algeria's strategic location and its large diaspora. Furthermore, underlying macroeconomic factors, including steady economic growth and government policies, contribute to the growth of the Flights market in Algeria.

    Users

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Jul 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. Figures are based on bookings, revenues, and online shares of flights.

    Modeling approach:

    Market sizes are determined through a bottom-up approach, building on a specific rationale for each market. As a basis for evaluating markets, we use financial reports, third-party studies and reports, federal statistical offices, industry associations, and price data. To estimate the number of users and bookings, we furthermore use data from the Statista Consumer Insigths Global survey. In addition, we use relevant key market indicators and data from country-specific associations, such as demographic data, GDP, consumer spending, internet penetration, and device usage. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, ARIMA, which allows time series forecasts, accounting for stationarity of data and enabling short-term estimates. Additionally, simple linear regression, Holt-Winters forecast, the S-curve function and exponential trend smoothing methods are applied.

    Additional notes:

    The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change.

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    Flights: market data & analysis - BackgroundFlights: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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