Air Cargo Market Booming Worldwide with Latest Trend and Future Scope by 2029

Air cargo market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period. The air cargo market is a sector of the aviation industry that provides transportation services for goods, freight, and mail by air. Air cargo services are typically provided by cargo airlines that operate a fleet of aircraft dedicated to transporting goods. The air cargo market has experienced steady growth over the past few years, driven by globalization, e-commerce, and the increasing demand for just-in-time delivery. The market has also been impacted by changes in consumer behavior, with consumers increasingly expecting fast and reliable delivery of goods. Additionally, the growth of the market is led by the expansion of leading market players to new regions. For instance, in January 2023, Amazon launched Amazon Air, its dedicated air cargo fleet, in India as the e-commerce giant bulks up its logistics infrastructure in the key overseas market. The retailer has partnered with the Bengaluru-based cargo airline Quikjet to launch its maiden air freight service in the country.

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With the help of apparent insights depicted here into a wide range of product and service releases by key competitors in the market, novice players are able to position themselves in the vast market. It is an indispensable need to get detailed idea to track future business growth and this Air Cargo Market research report is the best medium to get that vision. It also aims at providing market environment along with covering complete market information. Air Cargo Market research report also enables business owners to have firm grasp over what consumers exactly expect, their future demands, wants and preferences by offering detailed customer related data. It further discusses about key market players and ongoing latest trends.

 

This informative yet easy to understand Air Cargo Market study report covers wide-ranging product launch wise latest trends, regulatory shifts and other important factors, which are expected to affect the overall industry growth for the approaching time span 2022-2028. It aims at providing detailed knowledge about what customers exactly want from which key players can make sound decision making for the growth of business. It also aims at measuring marketing effectiveness. SWOT Analysis technique is also employed to form the market research report to cover helpful opportunities, possible challenges and threats.  Impact of new corona virus on the global economy is also shared in this Air Cargo Market report. Collaborations, mergers and acquisitions like strategies are also covered in this market study report.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Air Cargo Market by Type

  • Belly Cargo
  • Freighter

Global Air Cargo Market by End-user

  • Manufacturing
  • FMCG and Retail
  • Pharmaceuticals and Chemicals
  • Others

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles 

  • Air France KLM Martinair Cargo
  • CAL Cargo Air Lines Ltd.
  • Cargolux Airlines International SA
  • Cathay Pacific Airways Ltd.
  • Delta Air Lines Inc.
  • Deutsche Post AG
  • Emirates SkyCargo
  • Etihad Airways PJSC
  • Expeditors International of Washington Inc.
  • FedEx Corp.
  • IAG Cargo
  • Korean Air Lines Co. Ltd.
  • Lufthansa Cargo
  • Nippon Express Holdings
  • Qatar Airways Cargo
  • Saudi Airlines Cargo Co.
  • Singapore Airlines Cargo

The Report Covers

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global air cargo market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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