Global Airfreight Services Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global Airfreight Services market size was valued at US$ 13180 million in 2023. With growing demand in downstream market, the Airfreight Services is forecast to a readjusted size of US$ 19700 million by 2030 with a CAGR of 5.9% during review period.
The research report highlights the growth potential of the global Airfreight Services market. Airfreight Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Airfreight Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Airfreight Services market.
Air freight parcel delivery is the transfer and shipment of goods via an air carrier, which may be charter or commercial.
The development of the air freight services market is driven by multiple factors that reflect changes in international trade, globalization, and the logistics and transportation industry. The following are some of the major air freight services market drivers:
Timeliness and speed requirements: Certain goods need to be delivered quickly, such as fresh food, medical supplies and high-value goods. Air freight can quickly deliver goods to their destination, meeting the needs of timeliness and speed.
Special cargo needs: Some cargo, such as dangerous goods, live animals and high-value commodities, require special transportation and security measures, and air freight can often provide these services.
The rise of e-commerce: The development of e-commerce has led to a surge in demand for express delivery and e-commerce logistics. Air freight services are often used to quickly deliver goods purchased online.
Together, these factors are driving the growth and development of the air freight services market, making it an integral part of the global supply chain and logistics. As international trade and logistics continue to expand, the air freight services market is expected to continue to grow and develop.
Key Features:
The report on Airfreight Services market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Airfreight Services market. It may include historical data, market segmentation by Type (e.g., Cold Chain, Non-cold Chain), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Airfreight Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Airfreight Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Airfreight Services industry. This include advancements in Airfreight Services technology, Airfreight Services new entrants, Airfreight Services new investment, and other innovations that are shaping the future of Airfreight Services.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Airfreight Services market. It includes factors influencing customer ' purchasing decisions, preferences for Airfreight Services product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Airfreight Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Airfreight Services market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Airfreight Services market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Airfreight Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Airfreight Services market.
Market Segmentation:
Airfreight Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Cold Chain
Non-cold Chain
Segmentation by application
Medicine
Agriculture
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Kuehne + Nagel
CEVA Logistics
Toll Group
Graf Air Freight
ALPS Global Logistics
Grandeur Logistics
DHL Group
DB Schenker Logistics
GEODIS
Panalpina
DSV
Bolloré Logistics
Expeditors
Nippon Express
CEVA Logistics
Pantos Logistics
Agility Logistics
Hellmann
Damco
KWE
Hitachi Transport
Sankyu
Kerry Logistics
Logwin
C.H.Robinson
Yusen Logistics
Please note: The report will take approximately 2 business days to prepare and deliver.