The global air freight market size was USD 335.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.7% during the forecast period. Increasing number of international trades causing a high demand for expedited air cargo shipping is a key factor driving market revenue growth. Air freight, also known as air cargo, refers to the transportation of goods using air carriers.
Factors influencing the growth of the Air Freight market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Air Freight market. The report discusses in detail the positive and negative impact of the pandemic on the Air Freight industry. The supply chain disruptions and economic volatility have altered the dynamics of the Air Freight industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Air Freight market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Air Freight Market and Profiled in the Report are:
Bolloré Logistics, DB Schenker, Deutsche Post AG, DSV – Global Transport and Logistics, Expeditors International of Washington, Inc., FedEx, Hellmann Worldwide Logistics, Kuehne+Nagel, Nippon express holdings, United Parcel Service of America, Inc., C.H. Robinson Worldwide, Inc., XPO, Inc., CEVA Logistics, Agility, Ceva, DACHSER, GEODIS, Maersk, Rhenus Group, and Qatar Airways
Objectives of the Report:
Study of the global Air Freight market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Air Freight market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Air Freight market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Air Freight market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Service Outlook (Revenue, USD Billion; 2019–2032)
- Freight forwarding
- Airlines
- Other services
-
Destination Outlook (Revenue, USD Billion; 2019–2032)
- Domestic
- International
-
Carrier Type Outlook (Revenue, USD Billion; 2019–2032)
- Belly cargo
- Freighter
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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