Global Airfreight Forwarding Market 2022-2026

Global Airfreight Forwarding Market 2022-2026

Technavio has been monitoring the airfreight forwarding market and it is poised to grow by 7107.92 th tons during 2022-2026, accelerating at a CAGR of 4.48% during the forecast period. Our report on the airfreight forwarding 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 of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing e-commerce sector, rising free-trade agreements in Europe, and increasing US agricultural export to China.

The airfreight forwarding market analysis includes the application segment and geographic landscape.

Technavio's airfreight forwarding market is segmented as below:

By Application

• Manufacturing industry
• Retail industry
• Other industries

By Geographical Landscape

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

This study identifies the penetration of blockchain in airfreight forwarding as one of the prime reasons driving the airfreight forwarding market growth during the next few years. Also, rising airfreight digitalization and just-in-time (JIT) manufacturing processes will lead to sizable demand in the market.

Technavio 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. Our report on the airfreight forwarding market covers the following areas:

• Airfreight forwarding market sizing
• Airfreight forwarding market forecast
• Airfreight forwarding market industry analysis

Technavio's 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 airfreight forwarding market vendors that include AP Moller Maersk AS, Agility Public Warehousing Co K.S.C.P, Aramex International LLC, C.H. Robinson Worldwide Inc., CEVA Logistics AG, CJ Logistics Corp, Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., Gati Ltd, GEODIS, Kerry Logistics Network Ltd., Kuehne Nagel International AG, Nippon Express Holdings Inc, Omni Logistics LLC, Singapore Post Ltd, SINO Group, United Parcel Service Inc., and XPO Logistics Inc. Also, the airfreight forwarding 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.

Technavio 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. Technavio's 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.