Global Air Freight Unit Load Device Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Global Air Freight Unit Load Device Market Research Report 2024-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2030

Air Unit Load Device (ULD) refers to containers and carriers specially designed for air transportation (including cargo, mail, luggage, etc.). It is mainly used to facilitate cargo transportation, save time and costs, and adopt unified standards. Improve transportation efficiency. There are two basic types of air unit loading devices (ULD): one is a closed container, which can be loaded with goods inside; the other is a pallet (also called a pallet), which can be loaded with goods. The goods on the pallet are Netting covers and secures from underneath the air freight container.

Market Overview:

The latest research study on the global Air Freight Unit Load Device market finds that the global Air Freight Unit Load Device market reached a value of USD 455.45 million in 2023. It’s expected that the market will achieve USD 661.87 million by 2029, exhibiting a CAGR of 6.43% during the forecast period.

my country's air transport unit loading device (ULD) industry started late. It was not until the late 1980s that my country's air transport unit loading device (ULD) industry just started. Prior to this, due to the small number of aircraft and small cargo transportation volume of Chinese airlines, cargo was almost always transported in bulk or in small packages and bundles. At that time, with the gradual increase in China's air cargo volume, Chinese airlines began to abandon the traditional single business philosophy of heavy passengers and light cargo and gradually introduced MD-11 and other aircraft models from abroad. Since the air transport unit loading device (ULD) is an airborne product, it has relatively strict requirements on its safety performance. The air transport unit loading device (ULD) of various specifications can only enter the market after obtaining the airworthiness license from the Civil Aviation Administration of China. According to this situation, a few state-owned enterprises in China, such as Shanghai Eastern Aviation Equipment Manufacturing Company and Beijing Aviation Equipment Company, took the lead in developing LD3 containers and PIP P6P container boards. Under the institutional environment of the planned economy and strict market access conditions at that time, no private enterprises or township enterprises had yet set foot in this field. But soon, township enterprises with a keen sense of smell began to get involved in this field, especially in East China. At that time, the products of each manufacturer were basically limited to a small number of varieties such as LD3 containers, PIR P6P container boards and container nets. Since my country's freight market was not large in the 1990s, China's air transport unit loading device (ULD) product varieties basically stayed at the above status. With the development of the international freight business, domestic air transport unit loading device (ULD) manufacturers only hold TSOA or PMA certification from the Civil Aviation Administration of China, which has restricted the development of domestic container manufacturers. Because even if a domestic airline's aircraft flies overseas, the air transport unit loading device (ULD) it carries must obtain international certification. With the development and continuous progress of China's aircraft manufacturing and related parts manufacturing, the bilateral airworthiness agreements signed between the Civil Aviation Administration of China (CAAC) and the U.S. Federal Aviation Administration (FAA), European Aviation Safety Agency (EASA), etc. have simplified the agreement The product has established a process for obtaining product approval from local aviation bureaus, promoting the development of international freight business between China and other regions.

Domestic and foreign raw material market prices are upside down

Prices of raw materials in domestic and foreign markets are upside down. Taking November 28, 2023 as an example, the spot price of A00 aluminum on the Shanghai Nonferrous Metals Exchange was RMB 18,830-18,870 per ton; while the spot price of the London Metal Trading Market on the same day was US$2,216.00 per ton, according to the Bank of China announced on that day Calculated at the US dollar exchange rate (1 US dollar = 7.11 yuan), it is equivalent to RMB 15,755.76 per ton. The difference between the two is about 3,100 yuan per ton. If the domestic air unit load device (ULD) industry purchases aluminum alloy from overseas, after considering a series of factors such as freight and tariffs, the cost will exceed the price of domestic aluminum alloy. Since there are no relevant policies in China that allow ULD materials to enjoy import tax exemptions, and the material cost of the ULD industry accounts for more than 75% of its total cost, the domestic ULD ( ULD) industry costs are significantly higher than those of foreign counterparts.

Maintenance and repair of air transport unit loading devices (ULDs)

As an aircraft component, the air transport unit loading device (ULD) must undergo certification by the government airworthiness department. Since it is a movable aircraft loading device, it must be structurally able to provide sufficient protection for the aircraft structure and system. However, it will be damaged during use. Bends, scratches, etc. occur due to various reasons. In order to ensure that the air unit load device (ULD) can effectively protect the loaded cargo and baggage and ensure flight safety, the air unit load device (ULD) requires maintenance and repair 1-2 times a year on average, and large airlines usually hold them at the same time 15,000-20,000 air unit loading devices (ULD), which is a considerable expense. According to IATA analysis, the world spends up to US$300 million on maintenance of air unit load devices (ULDs) every year. High maintenance and repair costs force airlines to consider the number of airborne unit load devices (ULDs) they hold.

Region Overview:

In 2022, Asia Space's unit load device (ULD) market share will be 30.80%.

Company Overview:

The major players operating in the Air Freight Unit Load Device market include Company1, Company2, Company3, Company4 and Company5, etc. Among which, Company1 ranked top in terms of sales and revenue in 2023.

Segmentation Overview:

By type, the container segment held the largest market share in 2022.

container

Containers are box-like structures designed according to the shape of the aircraft cargo hold to ensure the maximum loading rate in the limited space of the cargo hold.

pallet

Pallet is a horizontal platform device used to assemble, stack, handle and transport unit loads of goods and products.

Application Overview:

From an application perspective, the freight segment will account for the largest share from 2018 to 2022.

Passenger transport

Passenger transport is a method of transporting people and their belongings using means of transportation.

freight

Freight forwarding, also known as freight forwarding, is a method of transporting goods and merchandise.

Key Companies in the global Air Freight Unit Load Device market covered in Chapter 3:

Wuxi Aviation ground equipment Co., LTD
Shanghai Hangyi Aviation ground Equipment Manufacturing Co., LTD
Envirotainer
PalNet GmbH Air Cargo Products
ACL Airshop
DoKaSch GmbH
Avius ULD
Nordisk Aviation Products
Van Riemsdijk Rotterdam
AEROTUF
Sichuan Dexin Aviation Equipment Co., LTD
Satco Inc.
CSAFE

In Chapter 4 and Chapter 14.2, on the basis of types, the Air Freight Unit Load Device market from 2019 to 2030 is primarily split into:

container
tray

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Air Freight Unit Load Device market from 2019 to 2030 covers:

Passenger transport
freight
other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2019-2030) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)