Air Cargo And Freight Logistics Market Size, Share, & Trends Analysis By Destination (Domestic Destinations, International Destinations), By Service, By Application, By Region, And Segment Forecasts, 2024 - 2030
Air Cargo And Freight Logistics Market Size, Share, & Trends Analysis By Destination (Domestic Destinations, International Destinations), By Service, By Application, By Region, And Segment Forecasts, 2024 - 2030
Market Size & Trends
The global air cargo and freight logistics market size was estimated at USD 61.72 billion in 2023 and is anticipated to grow at a CAGR of 12.5% from 2024 to 2030. Air transportation is one of the fastest modes of transportation available, making it ideal for transporting time-sensitive products, such as perishable goods and high-value items requiring urgent delivery. The primary advantage of air transport in logistics is the speed of delivery.
Logistics providers specializing in air transportation management offer several services to their clients, including carrier selection, route optimization, and customs brokerage. These services ensure that goods are transported quickly and efficiently while complying with all regulatory requirements. The rapid growth of the global e-commerce sector and the development of new technologies are significant drivers of demand in the logistics market. Emerging economies, such as India, often lack the internal infrastructure to address logistics challenges effectively, further boosting the industry’s growth. The rise of online shopping has increased the need for efficient logistics solutions to handle the surge in delivery volumes.
The outbreak of COVID-19 has had a substantial impact on the logistics industry. Many manufacturing plants were temporarily shut down, and production units faced labor shortages, causing significant disruptions in the supply chain during the first two quarters of 2020. During the early stages of the pandemic, movement restrictions, supply and demand imbalances, limited capacity for long-haul and last-mile fulfillment services, and international border closures hampered cross-border sales, negatively affecting the market growth. However, the pandemic also accelerated the adoption of digital solutions and innovations in logistics, leading to long-term benefits for the industry.
Moreover, the increasing focus on sustainability and reducing carbon footprints is pushing logistics providers to adopt greener practices and technologies. The integration of artificial intelligence, big data analytics, and IoT in logistics operations is enhancing efficiency, predictive maintenance, and real-time tracking, thereby driving market growth.
Global Air Cargo And Freight Logistics Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest trends and opportunities in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global air cargo and freight logistics market report based on destination, service, application, and region.
Destination Outlook (Revenue, USD Million, 2018 - 2030)
Domestic Destinations
International Destinations
Service Outlook (Revenue, USD Million, 2018 - 2030)
Forwarding
Airlines
Mail
Other Services
Application Outlook (Revenue, USD Million, 2018 - 2030)
Food
Industrial Materials
Equipment
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Asia Pacific
China
Japan
India
South Korea
Australia
Latin America
Brazil
Middle East & Africa
KSA
UAE
South Africa
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Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Landscape Outlook
Chapter 3. Air Cargo and Freight Logistics Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.1.1. Growing adoption of E-Commerce Industry
3.3.1.2. Increasing requirement of Time sensitive shipments
3.3.2. Market Restraints Analysis
3.3.2.1. High Cost & Regulatory Challenges
3.3.3. Industry Opportunities
3.3.3.1. The need for timely delivery across Healthcare Sector
3.3.3.2. Adoption of cutting-edge technologies such as artificial intelligence, IoT, and blockchain
3.4. Air Cargo and Freight Logistics Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining power of the suppliers
3.4.1.2. Bargaining power of the buyers
3.4.1.3. Threats of substitution
3.4.1.4. Threats from new entrants
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Economic and Social landscape
3.4.2.3. Technological landscape
3.4.2.4. Environmental landscape
3.4.2.5. Legal landscape
3.5. Use Case Analysis
Chapter 4. Air Cargo and Freight Logistics Market: Destination Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Air Cargo and Freight Logistics Market: Destination Movement Analysis, USD Million, 2023 & 2030