Air Freight in Asia-Pacific
Summary
Air Freight in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Air freight is a mode of transportation that involves the movement of goods and cargo through the airways.
- The Asia-Pacific air freight sector recorded revenues of $41,849.7 million in 2023, representing a negative compound annual growth rate (CAGR) of 4.3% between 2018 and 2023.
- Sector consumption volumes declined with a negative CAGR of 1.7% between 2018 and 2023, to reach a total of 82,371.3 million FTK in 2023.
- The growth in the Asia-Pacific air freight sector is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in China reached 99.4 in February 2023, up from 97.01 in November 2022.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the air freight market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in Asia-Pacific
- Leading company profiles reveal details of key air freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific air freight market with five year forecasts
- What was the size of the Asia-Pacific air freight market by value in 2023?
- What will be the size of the Asia-Pacific air freight market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific air freight market?
- How has the market performed over the last five years?
- How large is Asia-Pacific’s air freight market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What is the rationale behind recent M&A activity?
- 8 Company Profiles
- 8.1. All Nippon Airways Co Ltd
- 8.2. China Southern Airlines Co Ltd
- 8.3. Asiana Airlines Inc
- 8.4. Cathay Pacific Airways Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Asia-Pacific air freight sector value: $ million, 2018-23
- Table 2: Asia-Pacific air freight sector volume: million FTK, 2018-23
- Table 3: Asia-Pacific air freight sector category segmentation: % share, by volume, 2018-2023
- Table 4: Asia-Pacific air freight sector category segmentation: million FTK, 2018-2023
- Table 5: Asia-Pacific air freight sector geography segmentation: $ million, 2023
- Table 6: Asia-Pacific air freight sector value forecast: $ million, 2023-28
- Table 7: Asia-Pacific air freight sector volume forecast: million FTK, 2023-28
- Table 8: All Nippon Airways Co Ltd: key facts
- Table 9: All Nippon Airways Co Ltd: Key Employees
- Table 10: China Southern Airlines Co Ltd: key facts
- Table 11: China Southern Airlines Co Ltd: Annual Financial Ratios
- Table 12: China Southern Airlines Co Ltd: Key Employees
- Table 13: Asiana Airlines Inc: key facts
- Table 14: Asiana Airlines Inc: Annual Financial Ratios
- Table 15: Asiana Airlines Inc: Key Employees
- Table 16: Cathay Pacific Airways Ltd: key facts
- Table 17: Cathay Pacific Airways Ltd: Annual Financial Ratios
- Table 18: Cathay Pacific Airways Ltd: Key Employees
- Table 19: Cathay Pacific Airways Ltd: Key Employees Continued
- Table 20: Asia-Pacific exchange rate, 2019-23
- List of Figures
- Figure 1: Asia-Pacific air freight sector value: $ million, 2018-23
- Figure 2: Asia-Pacific air freight sector volume: million FTK, 2018-23
- Figure 3: Asia-Pacific air freight sector category segmentation: million FTK, 2018-2023
- Figure 4: Asia-Pacific air freight sector geography segmentation: % share, by value, 2023
- Figure 5: Asia-Pacific air freight sector value forecast: $ million, 2023-28
- Figure 6: Asia-Pacific air freight sector volume forecast: million FTK, 2023-28
- Figure 7: Forces driving competition in the air freight sector in Asia-Pacific, 2023
- Figure 8: Drivers of buyer power in the air freight sector in Asia-Pacific, 2023
- Figure 9: Drivers of supplier power in the air freight sector in Asia-Pacific, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the air freight sector in Asia-Pacific, 2023
- Figure 11: Factors influencing the threat of substitutes in the air freight sector in Asia-Pacific, 2023
- Figure 12: Drivers of degree of rivalry in the air freight sector in Asia-Pacific, 2023
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