Air transport demand forecast: RPK growth rate by region
World passenger traffic is expected to maintain 4.5% annual growth over the next two decades. Despite external shocks to the system, air travel has proven to be resilient to ruptures, always keeping its historical trend in the long term.
By 2036, the Middle East and Asia Pacific will be the fastest growing markets, with an annual RPK growth rate of around 6.0%, followed by Latin America with 5.2%, Africa with 4.9%, the Commonwealth of Independent States (CIS) with 3.6%, Europe also with 3.6% and North America with 2.7%.
Worldwide Air Transport Demand GrowthSource: Embraer
Air transport demand forecast, cont.
World air transport demand will increase 2.5 times by 2036, reaching 16 trillion RPKs for all commercial aircraft segments.
Asia Pacific will be the largest market, accounting for 37% of world RPKs. Combine, Europe and North America will generate 36% of total air transport demand.