Global Air Cargo & Freight Logistics Supply, Demand and Key Producers, 2023-2029
The global Air Cargo & Freight Logistics market size is expected to reach $ 311540 million by 2029, rising at a market growth of 6.3% CAGR during the forecast period (2023-2029).
The key companies providing air cargo logistics worldwide are FedEx, UPS, DSV, Deutsche Post DHL Group, Bolloré, Expeditors International, Qatar Airways, Korean Air, etc. The top seven providers together account for 50% of the market share, with the largest provider being FedEx, which holds 20% of the market share. From a consumption perspective, North America holds the largest market share with a 30% share. In terms of its product categories, air cargo logistics is divided into domestic logistics and international logistics, with international logistics holding the majority of the market share with 70%. In terms of its applications, 35% of the market share is used to transport perishable goods and 34% is used in industrial.
As the name suggests, air cargo & freight logistics is the transfer and shipment of goods via an air carrier, which may be charter or commercial. This is a popular choice for many in the business of logistics as shipments can be sent from commercial and passenger aviation gateways to anywhere that a plane can fly and land.
Goods delivered by air also have the advantage of high-speed, time-sensitive shipping to any location in the world, which is extremely beneficial to small and mid-sized businesses because it allows them to participate in international trade quickly and efficiently.
Furthermore, air freight provides the highest level of security because airport security monitors and controls every cargo entering and exiting the country.
This report studies the global Air Cargo & Freight Logistics demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Air Cargo & Freight Logistics, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Air Cargo & Freight Logistics that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Air Cargo & Freight Logistics total market, 2018-2029, (USD Million)
Global Air Cargo & Freight Logistics total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Air Cargo & Freight Logistics total market, key domestic companies and share, (USD Million)
Global Air Cargo & Freight Logistics revenue by player and market share 2018-2023, (USD Million)
Global Air Cargo & Freight Logistics total market by Type, CAGR, 2018-2029, (USD Million)
Global Air Cargo & Freight Logistics total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Air Cargo & Freight Logistics market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include FedEx, UPS, DSV, Deutsche Post DHL Group, Bolloré, Expeditors International, Qatar Airways, Korean Air and DB Schenker, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Air Cargo & Freight Logistics market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Air Cargo & Freight Logistics Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Air Cargo & Freight Logistics Market, Segmentation by Type
Domestic Logistics
International Logistics
Global Air Cargo & Freight Logistics Market, Segmentation by Application
Perishable Goods
Industrial
Pharmaceutical and Healthcare
Others
Companies Profiled:
FedEx
UPS
DSV
Deutsche Post DHL Group
Bolloré
Expeditors International
Qatar Airways
Korean Air
DB Schenker
Emirates
S.F.Holding
Deutsche Lufthansa
China Airlines
Cargolux
Cathay Pacific
Turkish Airlines
CMA CGM (CEVA Logistics)
Nippon Express
China Postal Airlines
Volga-Dnepr Airlines
Key Questions Answered
1. How big is the global Air Cargo & Freight Logistics market?
2. What is the demand of the global Air Cargo & Freight Logistics market?
3. What is the year over year growth of the global Air Cargo & Freight Logistics market?
4. What is the total value of the global Air Cargo & Freight Logistics market?
5. Who are the major players in the global Air Cargo & Freight Logistics market?
6. What are the growth factors driving the market demand?
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