Market Research Heavy Industry Market Research Transportation & Shipping Market Research Aviation/Aerospace Market Research Freight & Cargo Market Research

Air Freight Market Summary, Competitive Analysis and Forecast to 2027

Best Price Guarantee Length Publisher Published Date SKU
from $1,495 302 Pages MarketLine June, 2023 MTLN18094875
Best Price Guarantee
Price from $1,495
Length 302 Pages
Publisher MarketLine
Published Date June, 2023
SKU MTLN18094875

Air Freight Market Summary, Competitive Analysis and Forecast to 2027


Summary

Global Air Freight industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.

Key Highlights

  • The air freight sector is defined as consisting of revenues generated from freight transportation by air.
  • Units of volumes are measured in freight ton-kilometers (FTK). Air freight volumes, consisting of freight, express, and diplomatic bags, include both domestic and international freight which for the purposes of this report are counted at each flight stage.
  • Value represents the revenue obtained by airline companies from freight transportation.
  • All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
  • The global air freight sector had total revenues of $99.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.
  • Sector consumption volumes declined with a negative CAGR of 3.1% between 2017 and 2022, reaching a total of 171 billion FTK in 2022.
  • The global air freight sector has declined recently owing to several factors such as increasing interest rates and rising inflation. High-interest rates reduce access to credit for the companies involved, thereby reducing the volume of investment which negatively impacts air freight. For instance, according to the OECD, the long-term interest rates in the US grew from 2.4% in December 2017 to 3.6% in December 2022.
    • Scope
    • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global air freight sector
    • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global air freight sector
    • Leading company profiles reveal details of key air freight sector players’ global operations and financial performance
    • Add weight to presentations and pitches by understanding the future growth prospects of the global air freight sector with five year forecasts
    Reasons to Buy
    • What was the size of the global air freight sector by value in 2022?
    • What will be the size of the global air freight sector in 2027?
    • What factors are affecting the strength of competition in the global air freight sector?
    • How has the sector performed over the last five years?
    • What are the main segments that make up the global air freight sector?


    1 EXECUTIVE SUMMARY
    1.1. Market value
    1.2. Market value forecast
    1.3. Geography segmentation
    1.4. Competitive landscape
    2 Introduction
    2.1. What is this report about?
    2.2. Who is the target reader?
    2.3. How to use this report
    2.4. Definitions
    3 Global Air Freight
    3.1. Market Overview
    3.2. Market Data
    3.3. Market Segmentation
    3.4. Market outlook
    3.5. Five forces analysis
    4 Macroeconomic Indicators
    4.1. Country data
    5 Air Freight in Asia-Pacific
    5.1. Market Overview
    5.2. Market Data
    5.3. Market Segmentation
    5.4. Market outlook
    5.5. Five forces analysis
    6 Air Freight in Europe
    6.1. Market Overview
    6.2. Market Data
    6.3. Market Segmentation
    6.4. Market outlook
    6.5. Five forces analysis
    7 Macroeconomic Indicators
    7.1. Country data
    8 Air Freight in France
    8.1. Market Overview
    8.2. Market Data
    8.3. Market Segmentation
    8.4. Market outlook
    8.5. Five forces analysis
    9 Macroeconomic Indicators
    9.1. Country data
    10 Air Freight in Germany
    10.1. Market Overview
    10.2. Market Data
    10.3. Market Segmentation
    10.4. Market outlook
    10.5. Five forces analysis
    11 Macroeconomic Indicators
    11.1. Country data
    12 Air Freight in Italy
    12.1. Market Overview
    12.2. Market Data
    12.3. Market Segmentation
    12.4. Market outlook
    12.5. Five forces analysis
    13 Macroeconomic Indicators
    13.1. Country data
    14 Air Freight in Japan
    14.1. Market Overview
    14.2. Market Data
    14.3. Market Segmentation
    14.4. Market outlook
    14.5. Five forces analysis
    15 Macroeconomic Indicators
    15.1. Country data
    16 Air Freight in Australia
    16.1. Market Overview
    16.2. Market Data
    16.3. Market Segmentation
    16.4. Market outlook
    16.5. Five forces analysis
    17 Macroeconomic Indicators
    17.1. Country data
    18 Air Freight in Canada
    18.1. Market Overview
    18.2. Market Data
    18.3. Market Segmentation
    18.4. Market outlook
    18.5. Five forces analysis
    19 Macroeconomic Indicators
    19.1. Country data
    20 Air Freight in China
    20.1. Market Overview
    20.2. Market Data
    20.3. Market Segmentation
    20.4. Market outlook
    20.5. Five forces analysis
    21 Macroeconomic Indicators
    21.1. Country data
    22 Air Freight in The Netherlands
    22.1. Market Overview
    22.2. Market Data
    22.3. Market Segmentation
    22.4. Market outlook
    22.5. Five forces analysis
    23 Macroeconomic Indicators
    23.1. Country data
    24 Air Freight in Spain
    24.1. Market Overview
    24.2. Market Data
    24.3. Market Segmentation
    24.4. Market outlook
    24.5. Five forces analysis
    25 Macroeconomic Indicators
    25.1. Country data
    26 Air Freight in The United Kingdom
    26.1. Market Overview
    26.2. Market Data
    26.3. Market Segmentation
    26.4. Market outlook
    26.5. Five forces analysis
    27 Macroeconomic Indicators
    27.1. Country data
    28 Air Freight in The United States
    28.1. Market Overview
    28.2. Market Data
    28.3. Market Segmentation
    28.4. Market outlook
    28.5. Five forces analysis
    29 Macroeconomic Indicators
    29.1. Country data
    30 Company Profiles
    30.1. FedEx Corp
    30.2. United Parcel Service, Inc.
    30.3. Deutsche Post AG
    30.4. China Southern Airlines Co Ltd
    30.5. All Nippon Airways Co Ltd
    30.6. Asiana Airlines Inc
    30.7. Cathay Pacific Airways Ltd
    30.8. Volga-Dnepr Group
    30.9. Deutsche Bahn AG
    30.10. International Consolidated Airlines Group SA
    30.11. Air France-KLM SA
    30.12. Hellmann Worldwide Logistics GmbH & Co. KG
    30.13. Deutsche Lufthansa AG
    30.14. Alitalia - Societa Aerea Italiana SpA (Inactive)
    30.15. Cargolux Airlines International S.A.
    30.16. Kintetsu Group Holdings Co., Ltd.
    30.17. Nippon Express Co Ltd
    30.18. Nippon Yusen Kabushiki Kaisha
    30.19. Qantas Airways Limited
    30.20. Kuehne + Nagel Inc
    30.21. Air Canada
    30.22. American Airlines Inc
    30.23. Cargojet Inc
    30.24. Air China Ltd
    30.25. China Eastern Airlines Corp Ltd
    30.26. Hainan Airlines Co Ltd
    30.27. The Emirates Group
    30.28. British Airways Plc
    30.29. Expeditors International of Washington, Inc.
    30.30. United Airlines Holdings Inc
    31 Appendix
    31.1. Methodology
    31.2. About MarketLine
    List of Tables
    Table 1: Global air freight sector value: $ billion, 2017-22
    Table 2: Global air freight sector geography segmentation: $ billion, 2022
    Table 3: Global air freight sector value forecast: $ billion, 2022-27
    Table 4: Global size of population (million), 2018-22
    Table 5: Global gdp (constant 2005 prices, $ billion), 2018-22
    Table 6: Global gdp (current prices, $ billion), 2018-22
    Table 7: Global inflation, 2018-22
    Table 8: Global consumer price index (absolute), 2018-22
    Table 9: Global exchange rate, 2018-22
    Table 10: Asia-Pacific air freight sector value: $ billion, 2017-22
    Table 11: Asia-Pacific air freight sector geography segmentation: $ billion, 2022
    Table 12: Asia-Pacific air freight sector value forecast: $ billion, 2022-27
    Table 13: Europe air freight sector value: $ billion, 2017-22
    Table 14: Europe air freight sector geography segmentation: $ billion, 2022
    Table 15: Europe air freight sector value forecast: $ billion, 2022-27
    Table 16: Europe size of population (million), 2018-22
    Table 17: Europe gdp (constant 2005 prices, $ billion), 2018-22
    Table 18: Europe gdp (current prices, $ billion), 2018-22
    Table 19: Europe inflation, 2018-22
    Table 20: Europe consumer price index (absolute), 2018-22
    Table 21: Europe exchange rate, 2018-22
    Table 22: France air freight sector value: $ million, 2017-22
    Table 23: France air freight sector geography segmentation: $ million, 2022
    Table 24: France air freight sector value forecast: $ million, 2022-27
    Table 25: France size of population (million), 2018-22
    Table 26: France gdp (constant 2005 prices, $ billion), 2018-22
    Table 27: France gdp (current prices, $ billion), 2018-22
    Table 28: France inflation, 2018-22
    gTable 29: France consumer price index (absolute), 2018-22
    Table 30: France exchange rate, 2018-22
    Table 31: Germany air freight sector value: $ million, 2017-22
    Table 32: Germany air freight sector geography segmentation: $ million, 2022
    Table 33: Germany air freight sector value forecast: $ million, 2022-27
    Table 34: Germany size of population (million), 2018-22
    Table 35: Germany gdp (constant 2005 prices, $ billion), 2018-22
    Table 36: Germany gdp (current prices, $ billion), 2018-22
    Table 37: Germany inflation, 2018-22
    Table 38: Germany consumer price index (absolute), 2018-22
    Table 39: Germany exchange rate, 2018-22
    Table 40: Italy air freight sector value: $ million, 2017-22
    Table 41: Italy air freight sector geography segmentation: $ million, 2022
    Table 42: Italy air freight sector value forecast: $ million, 2022-27
    Table 43: Italy size of population (million), 2018-22
    Table 44: Italy gdp (constant 2005 prices, $ billion), 2018-22
    Table 45: Italy gdp (current prices, $ billion), 2018-22
    Table 46: Italy inflation, 2018-22
    Table 47: Italy consumer price index (absolute), 2018-22
    Table 48: Italy exchange rate, 2018-22
    Table 49: Japan air freight sector value: $ million, 2017-22
    Table 50: Japan air freight sector geography segmentation: $ million, 2022
    Table 51: Japan air freight sector value forecast: $ million, 2022-27
    Table 52: Japan size of population (million), 2018-22
    Table 53: Japan gdp (constant 2005 prices, $ billion), 2018-22
    Table 54: Japan gdp (current prices, $ billion), 2018-22
    Table 55: Japan inflation, 2018-22
    Table 56: Japan consumer price index (absolute), 2018-22
    Table 57: Japan exchange rate, 2018-22
    Table 58: Australia air freight sector value: $ million, 2017-22
    Table 59: Australia air freight sector geography segmentation: $ million, 2022
    Table 60: Australia air freight sector value forecast: $ million, 2022-27
    Table 61: Australia size of population (million), 2018-22
    Table 62: Australia gdp (constant 2005 prices, $ billion), 2018-22
    Table 63: Australia gdp (current prices, $ billion), 2018-22
    Table 64: Australia inflation, 2018-22
    Table 65: Australia consumer price index (absolute), 2018-22
    Table 66: Australia exchange rate, 2018-22
    Table 67: Canada air freight sector value: $ million, 2017-22
    Table 68: Canada air freight sector geography segmentation: $ million, 2022
    Table 69: Canada air freight sector value forecast: $ million, 2022-27
    Table 70: Canada size of population (million), 2018-22
    Table 71: Canada gdp (constant 2005 prices, $ billion), 2018-22
    Table 72: Canada gdp (current prices, $ billion), 2018-22
    Table 73: Canada inflation, 2018-22
    Table 74: Canada consumer price index (absolute), 2018-22
    Table 75: Canada exchange rate, 2018-22
    Table 76: China air freight sector value: $ billion, 2017-22
    Table 77: China air freight sector geography segmentation: $ billion, 2022
    Table 78: China air freight sector value forecast: $ billion, 2022-27
    Table 79: China size of population (million), 2018-22
    Table 80: China gdp (constant 2005 prices, $ billion), 2018-22
    Table 81: China gdp (current prices, $ billion), 2018-22
    Table 82: China inflation, 2018-22
    Table 83: China consumer price index (absolute), 2018-22
    Table 84: China exchange rate, 2018-22
    Table 85: Netherlands air freight sector value: $ million, 2017-22
    Table 86: Netherlands air freight sector geography segmentation: $ million, 2022
    Table 87: Netherlands air freight sector value forecast: $ million, 2022-27
    Table 88: Netherlands size of population (million), 2018-22
    Table 89: Netherlands gdp (constant 2005 prices, $ billion), 2018-22
    Table 90: Netherlands gdp (current prices, $ billion), 2018-22
    List of Figures
    Figure 1: Global air freight sector value: $ billion, 2017-22
    Figure 2: Global air freight sector geography segmentation: % share, by value, 2022
    Figure 3: Global air freight sector value forecast: $ billion, 2022-27
    Figure 4: Forces driving competition in the global air freight sector, 2022
    Figure 5: Drivers of buyer power in the global air freight sector, 2022
    Figure 6: Drivers of supplier power in the global air freight sector, 2022
    Figure 7: Factors influencing the likelihood of new entrants in the global air freight sector, 2022
    Figure 8: Factors influencing the threat of substitutes in the global air freight sector, 2022
    Figure 9: Drivers of degree of rivalry in the global air freight sector, 2022
    Figure 10: Asia-Pacific air freight sector value: $ billion, 2017-22
    Figure 11: Asia-Pacific air freight sector geography segmentation: % share, by value, 2022
    Figure 12: Asia-Pacific air freight sector value forecast: $ billion, 2022-27
    Figure 13: Forces driving competition in the air freight sector in Asia-Pacific, 2022
    Figure 14: Drivers of buyer power in the air freight sector in Asia-Pacific, 2022
    Figure 15: Drivers of supplier power in the air freight sector in Asia-Pacific, 2022
    Figure 16: Factors influencing the likelihood of new entrants in the air freight sector in Asia-Pacific, 2022
    Figure 17: Factors influencing the threat of substitutes in the air freight sector in Asia-Pacific, 2022
    Figure 18: Drivers of degree of rivalry in the air freight sector in Asia-Pacific, 2022
    Figure 19: Europe air freight sector value: $ billion, 2017-22
    Figure 20: Europe air freight sector geography segmentation: % share, by value, 2022
    Figure 21: Europe air freight sector value forecast: $ billion, 2022-27
    Figure 22: Forces driving competition in the air freight sector in Europe, 2022
    Figure 23: Drivers of buyer power in the air freight sector in Europe, 2022
    Figure 24: Drivers of supplier power in the air freight sector in Europe, 2022
    Figure 25: Factors influencing the likelihood of new entrants in the air freight sector in Europe, 2022
    Figure 26: Factors influencing the threat of substitutes in the air freight sector in Europe, 2022
    Figure 27: Drivers of degree of rivalry in the air freight sector in Europe, 2022
    Figure 28: France air freight sector value: $ million, 2017-22
    Figure 29: France air freight sector geography segmentation: % share, by value, 2022
    Figure 30: France air freight sector value forecast: $ million, 2022-27
    Figure 31: Forces driving competition in the air freight sector in France, 2022
    Figure 32: Drivers of buyer power in the air freight sector in France, 2022
    Figure 33: Drivers of supplier power in the air freight sector in France, 2022
    Figure 34: Factors influencing the likelihood of new entrants in the air freight sector in France, 2022
    Figure 35: Factors influencing the threat of substitutes in the air freight sector in France, 2022
    Figure 36: Drivers of degree of rivalry in the air freight sector in France, 2022
    Figure 37: Germany air freight sector value: $ million, 2017-22
    Figure 38: Germany air freight sector geography segmentation: % share, by value, 2022
    Figure 39: Germany air freight sector value forecast: $ million, 2022-27
    Figure 40: Forces driving competition in the air freight sector in Germany, 2022
    Figure 41: Drivers of buyer power in the air freight sector in Germany, 2022
    Figure 42: Drivers of supplier power in the air freight sector in Germany, 2022
    Figure 43: Factors influencing the likelihood of new entrants in the air freight sector in Germany, 2022
    Figure 44: Factors influencing the threat of substitutes in the air freight sector in Germany, 2022
    Figure 45: Drivers of degree of rivalry in the air freight sector in Germany, 2022
    Figure 46: Italy air freight sector value: $ million, 2017-22
    Figure 47: Italy air freight sector geography segmentation: % share, by value, 2022
    Figure 48: Italy air freight sector value forecast: $ million, 2022-27
    Figure 49: Forces driving competition in the air freight sector in Italy, 2022
    Figure 50: Drivers of buyer power in the air freight sector in Italy, 2022
    Figure 51: Drivers of supplier power in the air freight sector in Italy, 2022
    Figure 52: Factors influencing the likelihood of new entrants in the air freight sector in Italy, 2022
    Figure 53: Factors influencing the threat of substitutes in the air freight sector in Italy, 2022
    Figure 54: Drivers of degree of rivalry in the air freight sector in Italy, 2022
    Figure 55: Japan air freight sector value: $ million, 2017-22
    Figure 56: Japan air freight sector geography segmentation: % share, by value, 2022
    Figure 57: Japan air freight sector value forecast: $ million, 2022-27
    Figure 58: Forces driving competition in the air freight sector in Japan, 2022
    Figure 59: Drivers of buyer power in the air freight sector in Japan, 2022
    Figure 60: Drivers of supplier power in the air freight sector in Japan, 2022
    Figure 61: Factors influencing the likelihood of new entrants in the air freight sector in Japan, 2022
    Figure 62: Factors influencing the threat of substitutes in the air freight sector in Japan, 2022
    Figure 63: Drivers of degree of rivalry in the air freight sector in Japan, 2022
    Figure 64: Australia air freight sector value: $ million, 2017-22
    Figure 65: Australia air freight sector geography segmentation: % share, by value, 2022
    Figure 66: Australia air freight sector value forecast: $ million, 2022-27
    Figure 67: Forces driving competition in the air freight sector in Australia, 2022
    Figure 68: Drivers of buyer power in the air freight sector in Australia, 2022
    Figure 69: Drivers of supplier power in the air freight sector in Australia, 2022
    Figure 70: Factors influencing the likelihood of new entrants in the air freight sector in Australia, 2022
    Figure 71: Factors influencing the threat of substitutes in the air freight sector in Australia, 2022
    Figure 72: Drivers of degree of rivalry in the air freight sector in Australia, 2022
    Figure 73: Canada air freight sector value: $ million, 2017-22
    Figure 74: Canada air freight sector geography segmentation: % share, by value, 2022
    Figure 75: Canada air freight sector value forecast: $ million, 2022-27
    Figure 76: Forces driving competition in the air freight sector in Canada, 2022
    Figure 77: Drivers of buyer power in the air freight sector in Canada, 2022
    Figure 78: Drivers of supplier power in the air freight sector in Canada, 2022
    Figure 79: Factors influencing the likelihood of new entrants in the air freight sector in Canada, 2022
    Figure 80: Factors influencing the threat of substitutes in the air freight sector in Canada, 2022
    Figure 81: Drivers of degree of rivalry in the air freight sector in Canada, 2022
    Figure 82: China air freight sector value: $ billion, 2017-22
    Figure 83: China air freight sector geography segmentation: % share, by value, 2022
    Figure 84: China air freight sector value forecast: $ billion, 2022-27
    Figure 85: Forces driving competition in the air freight sector in China, 2022
    Figure 86: Drivers of buyer power in the air freight sector in China, 2022
    Figure 87: Drivers of supplier power in the air freight sector in China, 2022
    Figure 88: Factors influencing the likelihood of new entrants in the air freight sector in China, 2022
    Figure 89: Factors influencing the threat of substitutes in the air freight sector in China, 2022
    Figure 90: Drivers of degree of rivalry in the air freight sector in China, 2022

    $1,495
    $2,990
    $4,485

    Research Assistance

    US: 800.298.5699
    Int'l: +1.240.747.3093
    Live help
    Download our eBook: How to Succeed Using Market Research

    Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

    Download eBook

    Other tasks

    Cookie Settings