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Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market size, share 2021, trend, gross margin, industry update, future demand, competitive research, key region 2024

Global “Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market” (2021-2024) report identifies Sales of Market by regional analysis by product type and product applications from 2019. Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market research report gives analysis on products sales, price, margin, growth (regionally volume). Market research report gives analysis on Historical and Current scenario on Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market. Research provides potential market opportunities and strong industry focus on Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) market forecast from 2019 till 2024. Research report provides CAGR value in percent during 2021 to 2024.

“Final Report will add the analysis of the impact of COVID-19 on the In Memory Computing industry.”

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While land and ship cargo transportation remain as favorable options, goods transport by air is considered as the quickest and the unhindered mode of transportation. In terms of freight tons-kilometers (FTK), air freight transport registered a significant 9.7% growth in 2017 when compared to 3.6% growth in 2016. This signifies that the demand for air freight grew at twice the pace of the expansion in the global trade, which registered an increase of 4.3% in 2017. Furthermore, cargo airlines plan to tie up with logistics service providers to create an efficient supply chain regarding freight forwarding, storage capability, and customs clearances.
E-Commerce – A Key Driver
Despite being a costlier mode of transportation, the growing demand for perishables, chemicals and valuables, and the rising demand for just-in-time production of goods has created a massive demand for air freight services. Today, air freight is being impacted by the rise of e-commerce from both B2B and B2C perspectives. The evolving e-commerce has put pressures on sales channels for faster delivery and optimum supply chain. This scenario brings opportunities for the third-party logistics and warehousing services to integrate with the air e-commerce channel. Owing to the continued growth in online shopping, many third party logistics (3PLs) are offering more multi-modal services, which includes air cargo service as a critical mode of transportation. Furthermore, the growth in the global cross-border e-commerce is anticipated to boost the demand for the air cargo industry. Particularly, The Asia-Pacific region, which accounted for 37% market share is identified as a critical region for the air e-commerce market. The region registered a growth of 7.8% in 2017 when compared to 2016.

On the other hand, the growing demand for air freight transportation services has opened new challenges for the air cargo service providers. Airlines need to focus on implementing fuel-efficient solutions and accommodate innovative technologies to provide cost-effective services. In the logistics perspective, the storage facilities need to be developed to assist the global increase in air cargo. Special economic zones (SEZ), free trade zones (FTZ), and the bonded warehouses are projected to cater significant warehousing needs for the freight moving in and out of the airport shortly.
The market study on the global air freight industry is segmented into transportation, forwarding, and value added business based on service type; domestic and international based on destination type; and perspectives on end users. This study covers technological trends, regional analysis, and government regulations regarding the market.
Key developments
May 2018: UPS Airlines is launching a new regular non-stop flight from its Worldport global air hub in Louisville to Dubai, which improves the time-in transit from South and North America to the key destinations in the Middle East. Furthermore, the company plans to take role as official logistics partner for Expo 2020 Dubai.
Major Players
FedEx (Federal Express) Corporation, United Parcel Service Inc., The Emirates Group, Cathay Pacific Airways Limited, Cargolux Airlines International S.A, China Airlines Ltd, Japan Airlines Co., Ltd, Qatar Airways Company QCSC, Deutsche Lufthansa AG, All Nippon Airways Co., Ltd (ANA), and others.
Global Air Freight Industry Report Summary
Metrics
Details
Industry
Global Air Freight Industry
Study Period
2014-2023
Market Size in 2017
Provided in the Full Report
Market Size in 2023
Provided in the Full Report
Growth Rate
Provided in the Full Report
Key Developments
May 2018: UPS Airlines is launching a new regular non-stop flight from its World port global air hub in Louisville to Dubai
Companies Covered
FedEx, United Parcel Service, Emirates, Cathay Pacific Airways, Cargolux.
Report Offerings
Global Air Freight Industry offers latest trends, growth prospects, industry competitiveness, major players, segment market share, and forecast to 2023.
Reasons to Purchase this Report
To study current, and future of the, market in the developed and emerging markets
Analyze various perspectives of the market with the help of Porter’s five forces analysis
Detailed analysis of the segment that is expected to dominate the market
To know the regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)
Report Customization and Benefits
This report can be customized to meet the desired requirements. Please connect with our analyst, who will ensure that you get a report that suits your needs.

List of TOP KEY PLAYERS in Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market Report are –

  • FedEx (Federal Express), United Parcel Service, Emirates, Cathay Pacific Airways, Cargolux, China Airlines Cargo, Japan Airlines, Qatar Airways, Lufthansa, All Nippon Airways (ANA), IAG Cargo, Magma Aviation, DHL, Nippon Express, DB Schenker

Global Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market Segmentation by Types, By Applications and by Region:

Global Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) market is analyses and market size information is provided by regions (countries). Segment by Application, the Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World. The report includes region-wise market size for the period 2019-2024. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2019-2024.

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Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023) Market Segment by Region:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Rest of World

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Reasons to Purchase this Report:

  • To know how the need for rapid data processing is expected to affect the growth of the global Global Air Freight Industry – Segmented by Service Type, Destination Type, Perspectives on End-users, and Geography – Growth, Trends, and Forecast (2018-2023)
  • To analyze various perspectives of the market with the help of Porters five forces analysis
  • To know how SME’s are dominating the market.
  • To know about the regions that are expected to witness the fastest growth during the forecast period.
  • To identify the latest developments, market shares, and strategies employed by major market players.
  • Three months analyst support, along with the Market Estimate Sheet (in excel).

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COVID-19 Impact on Market:

The recent COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then, it has spread around the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst-affected countries in terms of positive cases and reported deaths, as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food and beverage industry is one of the major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak. China is the global manufacturing hub, with the presence of and the largest raw material suppliers. The overall market break down due to COVID-19 is also affecting the growth of the bacon market due to shutting down of factories, obstacle in supply chain, and downturn in world economy.

Major Points from Table of Contents:

1. INTRODUCTION

1.1 Scope of the Market

1.2 Market Definition

1.3 Executive Summary

2. RESEARCH METHODOLOGY

2.1 Study Deliverables

2.2 Study Assumptions

2.3 Analysis Methodology

2.4 Research Phases

3. MARKET INSIGHTS

3.1 Current Market Scenario (2017-18)

3.2 Technology and Digital Trends

3.3 Government Regulations and Initiatives

3.4 Insights on Cargo Carrying Passenger Lines and their Belly Cargo Capacity, Freighter Aircraft Trends

3.5 Insights on Industry Supply Chain

3.6 Insights on Key Commodities Transported by Air

3.7 Insights on Air Freight Rates

3.8 Insights on Heavy Cargo/Project Logistics in Air Cargo Industry

3.9 Insights on Key Ground Handling Equipment in Airports

3.10 Insights on Standards and Regulations on the Safe Transport of Dangerous Goods

3.11 Impact of Cold Chain Logistics Businesses and Facilities on Air Cargo Industry

4. MARKET DYNAMICS (Drivers, Restraints, and Opportunities)

4.1 Emergence of E-Commerce Propels Demand for Air Freight Services

4.2 Uneven Changes in the Jet Fuel Prices Restrains the Market in Some Regions

4.3 Demand Growth Outpaces the Capacity Growth in Some Regions- The Trend Offers an Opportunity for Service Providers

*List not Exhaustive

5. MARKET SEGMENTATION AND ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)

5.1 By Service

5.1.1 Transportation

5.1.1.1 Air Freight

5.1.1.2 Air Mail

5.1.2 Forwarding

5.1.3 Other Value Added Services

5.2 By Destination

5.2.1 Domestic

5.2.2 International

5.3 Perspectives on End Users

6. REGIONAL MARKET ANALYSIS (MARKET SIZE, GROWTH, AND FORECAST)

6.1 Asia-Pacific

6.1.1 China

6.1.2 Japan

6.1.3 India

6.1.4 South Korea

6.1.5 Rest of APAC

6.2 North America

6.2.1 United States

6.2.2 Canada

6.3 Europe

6.3.1 United Kingdom

6.3.2 Germany

6.3.3 France

6.3.4 Rest of Europe

6.4 Middle East & Africa

6.4.1 Saudi Arabia

6.4.2 United Arab Emirates

6.4.3 Qatar

6.4.4 South Africa

6.4.5 Rest of Middle East & Africa

6.5 Latin America

6.5.1 Brazil

6.5.2 Argentina

6.5.3 Mexico

6.5.4 Rest of LATAM

7. COMPETITVE LANDSCAPE

7.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

7.2 Market Concentration Overview

7.3 Strategies Adopted by Major Players

8. COMPANY PROFILES (OVERVIEW, FINANCIALS**, PRODUCTS AND SERVICES, RECENT DEVELOPMENTS, AND ANALYST VIEW)

8.1 FedEx (Federal Express)

8.2 United Parcel Service

8.3 Emirates

8.4 Cathay Pacific Airways

8.5 Cargolux

8.6 China Airlines Cargo

8.7 Japan Airlines

8.8 Qatar Airways

8.9 Lufthansa

8.10 All Nippon Airways (ANA)

8.11 IAG Cargo

8.12 Magma Aviation

8.13 DHL

8.14 Nippon Express

8.15 DB Schenker

*List not Exhaustive

9. OTHER PLAYERS IN THE REPORT INCLUDE 9.1 korean Air, Singapore Airlines, AirBridge Cargo Airlines, Etihad Airways, Multitrans, Ltd, British Airways, Asiana Airlines, kuehne + Nagel, Panalpina, Expeditors International, hellmann Worldwide Logistics, Bollore Logistics, DSV, Yusen Logistics

10. KEY VENDORS, AND SUPPLIERS (AIRCRAFT MANUFACTURERS, TECHNOLOGY PROVIDERS, CARGO HANDLING EQUIPMENT MANUFACTURERS, etc.,) IN AIR CARGO INDUSTRY

11. APPENDIX

11.1 Statistical Data on Leading Airlines Worldwide, by International and Domestic

11.2 Insights on Key Airports and Data on their Infrastructure and Capacity

11.3 Analysis on Air Freight Industry Contribution to Economy- Key Countries

10.4 Air Freight Volumes on Key Trade Routes

12. DISCLAIMER

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