Global Air Cargo Market Overview to 2027

Dublin, June 22, 2022 (GLOBE NEWSWIRE) — The “Air Cargo Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from offer.

The global air cargo market reached a value of US$270.3 billion in 2021. Going forward, the market is expected to reach a value of US$390.7 billion by 2027, growing at a CAGR of 5 .80% in 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst continuously monitors and assesses the direct and indirect influence of the pandemic on different end-use sectors. This information is included in the report as a major market contributor.

Air freight, also known as airfreight, is a mode of transportation used to deliver high-speed shipments via charter or commercial air carriers. It can be delivered worldwide as goods sent from shippers to consignees or from sellers to buyers. Moreover, it is managed throughout the chain by numerous entities, such as express carriers, air and postal operators, regulated agents, carriers and ground handlers, with varying responsibilities. Today, air cargo is helping to contribute to economic development around the world.

Air Cargo Market Trends

Air freight is used to deliver non-perishable goods such as jewelry, clothing, auto parts, and perishable goods including fruits, vegetables, and meat, which require prompt delivery. Furthermore, it plays a crucial role in the distribution of vaccines with a well-established temperature-sensitive distribution system and state-of-the-art technology and procedures. This, in confluence with the booming aviation industry, is bolstering the growth of the market.

In addition, other modes of transport, such as sea, rail or road transport, usually take days or weeks to deliver different items. However, transporting goods by air freight saves time and offers a high level of security. It also requires less packaging than other shipping methods to reduce the weight limit. This coupled with the growing popularity of consolidated air cargo services is positively influencing the market.

Apart from this, major players are increasingly focusing on geographic expansions and mergers and acquisitions (M&A) to expand their customer base. This, coupled with the integration of the Internet of Things (IoT) and Artificial Intelligence (AI) into the air cargo supply chain and the increase in imports and exports of goods in many countries of the world, facilitates the growth of the market.

Key market segmentation

This report provides an analysis of the main trends in each sub-segment of the global air cargo market, as well as forecasts at the global, regional and country levels from 2022 to 2027. The report has categorized the market based on service, destination and the end user.

Breakdown by department:

Breakdown by destination:

Breakdown by end user:

Breakdown by region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive landscape

The competitive landscape of the industry was also examined along with the profiles of major players, namely American Airlines Inc., ANA Cargo Inc., Bolloré Logistics, Cargolux Airlines International SA, Delta Air Lines Inc., Deutsche Bahn AG, Deutsche Post AG. , DSV A/S, Expeditors International of Washington Inc., FedEx Corporation, Hellmann Worldwide Logistics SE & Co. KG, Kuehne + Nagel International AG, Nippon Express Co. Ltd., Qatar Airways and United Parcel Service Inc.

Key questions answered by this report

  • How has the global air freight market behaved so far and how will it behave in the years to come?
  • What has been the impact of COVID-19 on the global air freight market?
  • What are the main regional markets?
  • What is the market breakdown by service?
  • What is the market breakdown by destination?
  • What is the market breakdown by end user?
  • What are the different stages of the industry value chain?
  • What are the key drivers and challenges in the industry?
  • What is the structure of the global air freight market and who are the main players?
  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Air Cargo Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakdown by Service
6.1 Freight
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Express
6.2.1 Market trends
6.2.2 Market Forecast
6.3 Mail
6.3.1 Market trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market trends
6.4.2 Market Forecast

7 Market Breakdown by Destination
7.1 Domestic
7.1.1 Market trends
7.1.2 Market Forecast
7.2 International
7.2.1 Market trends
7.2.2 Market Forecast

8 Market Breakdown by End User
8.1 Private
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market trends
8.2.2 Market Forecast

9 Market Breakdown by Region

10 SWOT Analysis

11 Value chain analysis

12 Analysis of the five forces of carriers

13 Price Analysis

14 Competitive landscape
14.1 Market structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 American Airlines Inc. Company overview Product portfolio Finance SWOT Analysis
14.3.2 ANA Cargo Inc. Presentation of the company Product portfolio Finance SWOT Analysis
14.3.3 Bolloré Logistics Company Overview Product portfolio Finance
14.3.4 Cargolux Airlines International SA Company Overview Product portfolio
14.3.5 Delta Air Lines Inc. Company Overview Product portfolio Finance SWOT Analysis
14.3.6 Deutsche Bahn AG Company Overview Product portfolio SWOT Analysis
14.3.7 Deutsche Post AG Company Overview Product Portfolio Finance SWOT Analysis
14.3.8 DSV A/S Company Overview Product Portfolio Finance SWOT Analysis
14.3.9 Expeditors International of Washington Inc. Company Overview Product portfolio Finance SWOT Analysis
14.3.10 FedEx Corporation Company Overview Product portfolio Finance SWOT Analysis
14.3.11 Hellmann Worldwide Logistics SE & Co. KG Company Overview Product portfolio
14.3.12 Kuehne + Nagel International AG Company Overview Product portfolio
14.3.13 Nippon Express Co. Ltd. Company Overview Product portfolio Finance SWOT Analysis
14.3.14 Qatar Airways Company Overview Product portfolio
14.3.15 United Parcel Service Inc. Company Overview Product portfolio Finance SWOT Analysis

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