Air Freight Market Size Growth - By Service (Freight, Express, Mail), By Destination (Domestic, International), End Use (Private, Commercial) and By Region: Statistics Reports, Supply & Demand Analysis, Global Opportunity 2024-2030
Global Market Synopsis, Forecast, Trend, and Growth Up To 2030
Air Freight Market size was valued at US$ 278.49 Bn in 2023, registering a CAGR of 10.4% during the forecast period (2024-2030), and the market is projected to be worth US$ 501.38 Bn by 2030.
The report includes Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Market Updates, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional Footprint by Global Industry Hub.
The Air Freight market is divided based on product, end user, application, and region. Each category has various sub-segments, and current trends in each segment help producers target specific customers effectively.
Important Features of the Report:
Detailed analysis of the Air Freight market
Fluctuating market dynamics
Historical, current, and projected market size
Recent industry trends
Competitive landscape
Strategies of key players
Potential growth segments/regions
A neutral perspective on market performance
Our Sample Report Includes:
Introduction, overview, and in-depth industry analysis updated for 2030.
A research report spanning over 150+ pages, including updated research.
Updated regional analysis for 2024 with the graphical representation of size, share, and trends.
An updated list of tables and figures.
Top market players with their business strategy, sales volume, and revenue analysis.
Reasons for buying this report:
Make informed decisions with analytical data
Understand key product segments
Identify market dynamics like drivers, restraints, trends, and opportunities
Analyze regional markets and stakeholder profiles
Market Segmentation -
Service Outlook (Revenue, USD Billion, 2017 - 2030)
Freight
Express
Mail
Other
Destination Outlook (Revenue, USD Billion, 2017 - 2030)
Domestic
International
End Use Outlook (Revenue, USD Billion, 2017 - 2030)
Private
Commercial
Retail and E-commerce
Manufacturing
Healthcare
Automotive
Perishable Goods
Others
Key players in the industry are adopting growth strategies like partnerships, collaborations, mergers and acquisitions, and awareness programs to strengthen their market presence. The report also lists industry players for end users, facilitating communication between manufacturers and consumers.
Recent Market Updates:
In June 2024, ECU Worldwide, a subsidiary of Allcargo Logistics, formed a strategic partnership with ShipBob. This collaboration aims to enhance ShipBob's e-commerce inventory management by providing ocean and air freight services through ECU Worldwide's extensive global network. The partnership leverages ECU Worldwide's tech-driven platform, ECU360, to facilitate seamless freight operations and support ShipBob's clients across various markets.
In January 2023, Amazon expanded its logistics operations in India by launching Amazon Air. This dedicated air cargo service aims to accelerate delivery times for customers. By partnering with Quikjet Cargo Airlines and utilizing Boeing 737-800 aircraft, Amazon is building a robust air freight network across major Indian cities. This move is a significant step in Amazon's ongoing investment in India's e-commerce market.
In October 2022, A.P. Moller - Maersk expanded its air freight operations with the launch of a new service between the US and South Korea. This new route, operated by Maersk Air Cargo, signifies a strategic move to strengthen the company's integrated air cargo capabilities. By introducing its own fleet of Boeing 767-300 freighters, Maersk aims to provide customers with enhanced control and reliability in their supply chains.
Regional Analysis for Air Freight Market:
North America(the United States, Canada, and Mexico)
Europe(Germany, France, UK, Russia, and Italy)
Asia-Pacific(China, Japan, Korea, India, and Southeast Asia)
South America(Brazil, Argentina, Colombia, etc.)
The Middle East and Africa(Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
The Research Provides Answers to the Following Key Questions:
What is the expected growth rate of the Air Freight market from 2024 to 2030?
What are the major driving forces shaping the industry?
Who are the major vendors dominating the market, and what are their winning strategies?
What trends can business owners expect in the coming years?
What threats and challenges might hinder industry progress?
What opportunities can business owners capitalize on from 2024 to 2030?
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