Global Air Freight Services Market 2024-2028
The air freight services market is forecasted to grow by USD 53.99 bn during 2023-2028, accelerating at a CAGR of 4.32% during the forecast period. The report on the air freight services 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 demand due to an increase in cross-border e-commerce activities, an increase in cargo handling capacities due to rapidly growing aviation infrastructure, and rising investments from air freight operators for buying new aircraft.
Technavio's air freight services market is segmented as below:
By Type
By End-user
- Manufacturing
- Retail
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the growing adoption of blockchain in air freight services as one of the prime reasons driving the air freight services market growth during the next few years. Also, the increasing conversion of passenger aircraft into cargo aircraft and the emergence of digitalization in air freight services will lead to sizable demand in the market.
The report on the air freight services market covers the following areas:
- Air freight services market sizing
- Air freight services market forecast
- Air freight services 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 services market vendors that include Agility Public Warehousing Co. K.S.C.P, Air France KLM SA, AIT Worldwide Logistics Inc., Amazon.com Inc., American Global Logistics, AP Moller Maersk AS, Blue Dart Express Ltd., Bollore Logistics, C H Robinson Worldwide Inc., Cargolux Airlines International SA, Crane Worldwide Logistics, DACHSER SE, DB Schenker, Deutsche Bahn AG, Dimerco, DSV AS, Expeditors International of Washington Inc., FedEx Corp., GEODIS, JD.com Inc., PSA International Pte Ltd., United Parcel Service Inc., and Volga-Dnepr. Also, the air freight services 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 way of study, synthesis, and summation of data from multiple sources through 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 accurate market growth.