Global Air Cargo Market 2024-2028

Global Air Cargo Market 2024-2028

The air cargo market is forecasted to grow by USD 63.5 bn during 2023-2028, accelerating at a CAGR of 5.91% during the forecast period. The report on the air cargo market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in e-commerce sales to boost air cargo market, growing demand from APAC, and rising demand from just-in-time manufacturers.

Technavio's air cargo market is segmented as below:

By End-user

• Manufacturing
• FMCG and retail
• Pharmaceuticals and chemicals
• Other industries

By Type

• Belly cargo
• Freighter

By Geography

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the expected rise in demand for temperature-sensitive products as one of the prime reasons driving the air cargo market growth during the next few years. Also, rise in popularity of air cargo digitization and increased focus on autonomous vehicles in logistics sector will lead to sizable demand in the market.

The report on the air cargo market covers the following areas:

• Air cargo market sizing
• Air cargo market forecast
• Air cargo market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air cargo market vendors that include Air France KLM Martinair Cargo, American Airlines Inc., Bollore Logistics, CAL Cargo Air Lines Ltd, Cargolux Airlines International SA, Cathay Pacific Airways Ltd, China Airlines Ltd., China Eastern Airlines Corp. Ltd., Delta Air Lines Inc., Deutsche Post AG, Emirates SkyCargo, Etihad Airways PJSC, Expeditors International of Washington Inc., FedEx Corp., IAG Cargo, Korean Air Lines Co. Ltd., Lufthansa Cargo, Nippon Express Holdings, Qatar Airways Cargo, Saudi Airlines Cargo Co., and Singapore Airlines Cargo. Also, the air cargo market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.