Global Air Freight Market 2024-2028
The air freight market is forecasted to grow by USD 68.02 bn during 2023-2028, accelerating at a CAGR of 6.82% during the forecast period. The report on the air freight 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 growing e-commerce sector increasing air freight demand, rising free-trade agreements in Europe, and increasing US agricultural exports to China.
Technavio's air freight market is segmented as below:
By End-user
By Type
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the penetration of blockchain in air freight as one of the prime reasons driving the air freight market growth during the next few years. Also, integration of artificial intelligence (ai) and automation in air freight and turning air freight into omnichannel will lead to sizable demand in the market.
The report on the air freight market covers the following areas:
- Air freight market sizing
- Air freight market forecast
- Air freight 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 freight market vendors that include Agility Public Warehousing Co. K.S.C.P, Bollore Logistics, C H Robinson Worldwide Inc., CEVA Logistics S A, DB Schenker, Dimerco Express Corp., DSV AS, Expeditors International of Washington Inc., FedEx Corp., GEODIS, Hellmann Worldwide Logistics SE and Co KG, Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Sinotrans Ltd., The Emirates Group, United Parcel Service Inc., XPO Inc., YUSEN LOGISTICS CO. LTD., and Deutsche Post AG. Also, the air freight 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.