Air Freight Market Size, Opportunities, Key Growth Factors, Revenue Analysis

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Rising popularity of consolidated air freight services is a major factor driving market revenue growth

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 report is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Air Freight according to the impact of COVID-19.

 

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 The leading market contenders listed 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

Key reasons to buy the Global Air Freight Market report:

  1. The latest report comprehensively studies the global Air Freight market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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 Market Segmentations of the Air Freight Market

  • Service Outlook (Revenue, USD Billion; 2019–2032)

    • Freight forwarding
    • Airlines
    • Mail
    • Other services
  • Destination Outlook (Revenue, USD Billion; 2019–2032)

    • Domestic
    • International
  • Carrier Type Outlook (Revenue, USD Billion; 2019–2032)

    • Belly cargo
    • Freighter

 

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 Regional Outlook of the Air Freight Market

The global Air Freight market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Air Freight market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.

Key reasons to buy the Global Air Freight Market report:

  1. The latest report comprehensively studies the global Air Freight market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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