The global air freight market size was USD 335.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 5.7% during the forecast period. Increasing number of international trades causing a high demand for expedited air cargo shipping is a key factor driving market revenue growth. Air freight, also known as air cargo, refers to the transportation of goods using air carriers.
The study on the Global Air Freight Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Air Freight market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Air Freight industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Air Freight industry.
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Competitive Outlook: The leading companies operating in the Air Freight market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Air Freight Market and Profiled in the Report are:
Bolloré Logistics, DB Schenker, Deutsche Post AG, DSV – Global Transport and Logistics, Expeditors International of Washington, Inc., FedEx, Hellmann Worldwide Logistics, Kuehne+Nagel, Nippon express holdings, United Parcel Service of America, Inc., C.H. Robinson Worldwide, Inc., XPO, Inc., CEVA Logistics, Agility, Ceva, DACHSER, GEODIS, Maersk, Rhenus Group, and Qatar Airways
Objectives of the Report:
Study of the global Air Freight market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Air Freight market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Air Freight market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Air Freight market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Service Outlook (Revenue, USD Billion; 2019–2032)
- Freight forwarding
- Airlines
- Other services
-
Destination Outlook (Revenue, USD Billion; 2019–2032)
- Domestic
- International
-
Carrier Type Outlook (Revenue, USD Billion; 2019–2032)
- Belly cargo
- Freighter
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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