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Global Air Freight Market Report 2024

Air Freight Global Market Report 2024 – By Service (Freight, Express, Mail, Other Services), By Destination (Domestic, International), By End Use (Pharmaceutical, Personal Care, Chemicals, Automobile, Fashion, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Air Freight Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : March 2024 | Delivery Time: 2-3 business days | Format : pdf

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Air Freight Global Market Report 2024

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Air Freight Market Definition And Segments

Air freight is a method of transporting goods, products, or cargo by aircraft. It involves using airplanes to move cargo from one location to another, typically over long distances or internationally.

The main services of air freight are freight, express, mail, and others. Freight refers to goods, cargo, or merchandise that is transported from one place to another, typically for commercial purposes. It includes various destinations such as domestic and international and is used by pharmaceutical, personal care, chemicals, automobile, fashion, and others.

The air freight market covered in this report is segmented –

1) By Service: Freight, Express, Mail, Other Services

2) By Destination: Domestic, International

3) By End Use: Pharmaceutical, Personal Care, Chemicals, Automobile, Fashion, Other End Users

The air freight market size has grown strongly in recent years. It will grow from $300.7 billion in 2023 to $320.8 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to footwear personalization, biometric foot mapping, health and wellness integration, connected footwear ecosystem, fashion-tech integration.

The air freight market size is expected to see strong growth in the next few years. It will grow to $396.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to adaptive learning algorithms, environmental sustainability, health monitoring and feedback, integration with smart assistants, augmented reality (ar) retail experiences. Major trends in the forecast period include material innovation, smart insole technology, collaborations and limited editions, dynamic style customization, adaptive and responsive design.

Fast-Delivery Services Fueling Growth in the Air Freight Market

The escalating demand for fast-delivery services is expected to propel the growth of the air freight market going forward. Fast-delivery services are specialized logistics and transportation solutions designed to ensure the rapid and timely delivery of goods, packages, or shipments from one location to another. Air freight is known for its unparalleled speed compared to other modes of transportation like sea or land. This rapid transportation enables companies to meet tight delivery deadlines and reduces the overall transit time for goods. For time-sensitive and high-value products, such as perishable goods, pharmaceuticals, and electronics, air freight is often the preferred mode of transportation. For instance, according to ShippyPro, an Italy-based software company, by 2023, it is expected that there will be 1.2 billion packages delivered in France and the UK, and this number is projected to increase to 1.9 billion parcels by 2027. Additionally, the same-day delivery market is expected to grow significantly, with an estimated 260 to 521 million items delivered on the same day by 2027, up from 70 million in 2022. Therefore, the escalating demand for fast-delivery services is driving the growth of the air freight market.

Surging E-commerce Sector Catalyzes Expansion In The Air Freight Market

The rising e-commerce industry is expected to propel the growth of the air freight market going forward. E-commerce involves buying and selling goods or services over the Internet or online platforms, enabling transactions, payments, and interactions between businesses and consumers in a digital environment. Air freight plays an essential role in the e-commerce industry by allowing rapid and efficient transportation of goods, ensuring timely deliveries, and facilitating the global reach of online businesses. For instance, in November 2023, according to the U.S. Census Bureau, a US-based Department of Commerce, in the third quarter of 2023, U.S. retail e-commerce sales reached an estimated $271.7 billion, marking a 0.9% (±0.4%) increase from the preceding quarter. Compared to the third quarter of 2022, e-commerce sales saw a rise of 7.8% (±1.2%), while total retail sales increased by 2.0% (±0.4%) during the same period. E-commerce sales constituted 14.9% of total sales in the third quarter of 2023. Therefore, the rising e-commerce industry is driving the growth of the air freight market.

Major companies operating in the air freight market report are Deutsche Post AG, United Parcel Service Inc., FedEx Corporation, Deutsche Bahn AG, Delta Air Lines Inc., American Airlines Inc., Kuehne+Nagel International AG, DSV Panalpina A/S, Southwest Airlines Co., Expeditors International Inc., British Airways PLC, Singapore Airlines Limited, Korean Air Lines Co. Ltd., UPS Supply Chain Solutions Inc., Air China Limited, XPO Logistics Inc., TNT Express BV, Kintetsu World Express Inc., Bollore Logistics, Cathay Pacific Airways Limited, Hellmann Worldwide Logistics SE & Co. KG, Cargolux Airlines International S.A., Lufthansa Cargo AG, ANA Cargo Inc., Yusen Logistics Co. Ltd., Qatar Airways Company Q.C.S.C., Nippon Express Co. Ltd., Etihad Airways PJSC, Agility Logistics Pvt. Ltd., CEVA Logistics Ltd.

Risk Of Cyber Attack With Air Freight Market

Cyber-attack risk is the major restraint on air freight market growth during the forecast period. Air freight operations rely heavily on information technology systems and digital data to manage cargo, logistics, and operations efficiently. Still, they also face the risk of cyber-attacks on confidential data. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, in 2022, the cybercrime reports received were 76,000, up from 13% from the previous year. Therefore, the risk of cyberattacks is hindering the growth of the air freight market.

Innovative Digital Air Freight Service ECU360 Simplifies Global Shipping

Major companies operating in the air freight market are focused on developing innovative technological solutions, such as ECU360, to increase their profitability in the market. ECU360 is a revolutionary digital air freight service that will simplify shipping for companies of all sizes. For instance, in April 2023, ECU Worldwide, a Belgium-based logistics company, launched a digital air freight service called ECU360. It allows clients to use various integrated services, including receiving an estimate, turning that quote immediately into an online booking, and monitoring their shipments in real-time. The technology streamlines air freight and shipping procedures, making it more straightforward for firms to export their goods globally. With the introduction of ECU360, ECU Worldwide can now provide a distinctive digital logistics platform that may aid the business in growing and broadening its reach in the logistics sector.

MSC Enhances Air Cargo Services With Acquisition Of AlisCargo Airlines

In August 2023, Mediterranean Shipping Company S.A., a Switzerland-based shipping company, acquired AlisCargo Airlines S.p.A. for an undisclosed amount. The acquisition is a component of MSC's plan to strengthen and broaden its branded air cargo service, MSC Air Cargo. MSC will be able to provide a more extensive variety of air freight services to its clients and expand its position in the air cargo industry by purchasing AlisCargo Airlines. AlisCargo Airlines S.p.A. is an Italy-based cargo airline specializing in air freight services.

Asia-Pacific was the largest region in the air freight market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the air freight market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The air freight market includes revenues earned by entities by providing services such as aircraft-on-ground services, pharmaceutical cargo services, valuable cargo and secure transport, door-to-door services, and customs clearance and documentation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The air freight market research report is one of a series of new reports from The Business Research Company that provides air freight market statistics, including air freight industry global market size, regional shares, competitors with an air freight market share, detailed air freight market segments, market trends and opportunities, and any further data you may need to thrive in the air freight industry. This air freight market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Air Freight Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $320.8 billion
Revenue Forecast In 2033 $396.84 billion
Growth Rate CAGR of 5.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Service: Freight, Express, Mail, Other Services
2) By Destination: Domestic, International
3) By End Use: Pharmaceutical, Personal Care, Chemicals, Automobile, Fashion, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Deutsche Post AG; United Parcel Service Inc.; FedEx Corporation; Deutsche Bahn AG; Delta Air Lines Inc.; American Airlines Inc.; Kuehne+Nagel International AG; DSV Panalpina A/S; Southwest Airlines Co.; Expeditors International Inc.; British Airways plc; Singapore Airlines Limited; Korean Air Lines Co. Ltd.; UPS Supply Chain Solutions Inc.; Air China Limited; XPO Logistics Inc.; TNT Express BV; Kintetsu World Express Inc.; Bollore Logistics; Cathay Pacific Airways Limited; Hellmann Worldwide Logistics SE & Co. KG; Cargolux Airlines International S.A.; Lufthansa Cargo AG; ANA Cargo Inc.; Yusen Logistics Co. Ltd.; Qatar Airways Company Q.C.S.C.; Nippon Express Co. Ltd.; Etihad Airways PJSC; Agility Logistics Pvt. Ltd.; CEVA Logistics Ltd.
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    Table Of Contents

    1. Executive Summary

    2. Air Freight Market Characteristics

    3. Air Freight Market Trends And Strategies

    4. Air Freight Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Air Freight Market Size and Growth

    5.1. Global Air Freight Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Air Freight Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Air Freight Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Air Freight Market Segmentation

    6.1. Global Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Freight

    Express

    Mail

    Other Services

    6.2. Global Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Domestic

    International

    6.3. Global Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Pharmaceutical

    Personal Care

    Chemicals

    Automobile

    Fashion

    Other End Users

    7. Air Freight Market Regional And Country Analysis

    7.1. Global Air Freight Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Air Freight Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Air Freight Market

    8.1. Asia-Pacific Air Freight Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Air Freight Market

    9.1. China Air Freight Market Overview

    9.2. China Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Air Freight Market

    10.1. India Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Air Freight Market

    11.1. Japan Air Freight Market Overview

    11.2. Japan Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Air Freight Market

    12.1. Australia Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Air Freight Market

    13.1. Indonesia Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Air Freight Market

    14.1. South Korea Air Freight Market Overview

    14.2. South Korea Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Air Freight Market

    15.1. Western Europe Air Freight Market Overview

    15.2. Western Europe Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Air Freight Market

    16.1. UK Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Air Freight Market

    17.1. Germany Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Air Freight Market

    18.1. France Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Air Freight Market

    19.1. Italy Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Air Freight Market

    20.1. Spain Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Air Freight Market

    21.1. Eastern Europe Air Freight Market Overview

    21.2. Eastern Europe Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Air Freight Market

    22.1. Russia Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Air Freight Market

    23.1. North America Air Freight Market Overview

    23.2. North America Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Air Freight Market

    24.1. USA Air Freight Market Overview

    24.2. USA Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Air Freight Market

    25.1. Canada Air Freight Market Overview

    25.2. Canada Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Air Freight Market

    26.1. South America Air Freight Market Overview

    26.2. South America Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Air Freight Market

    27.1. Brazil Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Air Freight Market

    28.1. Middle East Air Freight Market Overview

    28.2. Middle East Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Air Freight Market

    29.1. Africa Air Freight Market Overview

    29.2. Africa Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Air Freight Market Competitive Landscape And Company Profiles

    30.1. Air Freight Market Competitive Landscape

    30.2. Air Freight Market Company Profiles

    30.2.1. Deutsche Post AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. United Parcel Service Inc.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. FedEx Corporation

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Deutsche Bahn AG

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Delta Air Lines Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Air Freight Market Other Major And Innovative Companies

    31.1. American Airlines Inc.

    31.2. Kuehne+Nagel International AG

    31.3. DSV Panalpina A/S

    31.4. Southwest Airlines Co.

    31.5. Expeditors International Inc.

    31.6. British Airways plc

    31.7. Singapore Airlines Limited

    31.8. Korean Air Lines Co. Ltd.

    31.9. UPS Supply Chain Solutions Inc.

    31.10. Air China Limited

    31.11. XPO Logistics Inc.

    31.12. TNT Express BV

    31.13. Kintetsu World Express Inc.

    31.14. Bollore Logistics

    31.15. Cathay Pacific Airways Limited

    32. Global Air Freight Market Competitive Benchmarking

    33. Global Air Freight Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Air Freight Market

    35. Air Freight Market Future Outlook and Potential Analysis

    35.1 Air Freight Market In 2028 - Countries Offering Most New Opportunities

    35.2 Air Freight Market In 2028 - Segments Offering Most New Opportunities

    35.3 Air Freight Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Air Freight Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Air Freight Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Deutsche Post AG Financial Performance
  • Table 75: United Parcel Service Inc. Financial Performance
  • Table 76: FedEx Corporation Financial Performance
  • Table 77: Deutsche Bahn AG Financial Performance
  • Table 78: Delta Air Lines Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Air Freight Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Air Freight Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Air Freight Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Air Freight Market, Segmentation By Destination, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Air Freight Market, Segmentation By End Use, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Deutsche Post AG Financial Performance
  • Figure 75: United Parcel Service Inc. Financial Performance
  • Figure 76: FedEx Corporation Financial Performance
  • Figure 77: Deutsche Bahn AG Financial Performance
  • Figure 78: Delta Air Lines Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the air freight market?

Air freight is a method of transporting goods, products, or cargo by aircraft. It involves using airplanes to move cargo from one location to another, typically over long distances or internationally. For further insights on the air freight market, request a sample here

How will the air freight market drivers and restraints affect the air freight market dynamics? What forces will shape the air freight industry going forward?

The air freight market major growth driver - fast-delivery services fueling growth in the air freight market. For further insights on the air freight market, request a sample here

What is the forecast market size or the forecast market value of the air freight market ?

The air freight market size has grown strongly in recent years. It will grow from $300.7 billion in 2023 to $320.8 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to footwear personalization, biometric foot mapping, health and wellness integration, connected footwear ecosystem, fashion-tech integration. The air freight market size is expected to see strong growth in the next few years. It will grow to $396.84 billion in 2028 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to adaptive learning algorithms, environmental sustainability, health monitoring and feedback, integration with smart assistants, augmented reality (ar) retail experiences. Major trends in the forecast period include material innovation, smart insole technology, collaborations and limited editions, dynamic style customization, adaptive and responsive design. For further insights on the air freight market, request a sample here

How is the air freight market segmented?

The air freight market is segmented
1) By Service: Freight, Express, Mail, Other Services
2) By Destination: Domestic, International
3) By End Use: Pharmaceutical, Personal Care, Chemicals, Automobile, Fashion, Other End UsersFor further insights on the air freight market, request a sample here

Which region has the largest share of the air freight market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the air freight market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the air freight market, request a sample here.

Who are the major players in the air freight market?

Major companies operating in the air freight market report are Deutsche Post AG, United Parcel Service Inc., FedEx Corporation, Deutsche Bahn AG, Delta Air Lines Inc., American Airlines Inc., Kuehne+Nagel International AG, DSV Panalpina A/S, Southwest Airlines Co., Expeditors International Inc., British Airways plc, Singapore Airlines Limited, Korean Air Lines Co. Ltd., UPS Supply Chain Solutions Inc., Air China Limited, XPO Logistics Inc., TNT Express BV, Kintetsu World Express Inc., Bollore Logistics, Cathay Pacific Airways Limited, Hellmann Worldwide Logistics SE & Co. KG, Cargolux Airlines International S.A., Lufthansa Cargo AG, ANA Cargo Inc., Yusen Logistics Co. Ltd., Qatar Airways Company Q.C.S.C., Nippon Express Co. Ltd., Etihad Airways PJSC, Agility Logistics Pvt. Ltd., CEVA Logistics Ltd. For further insights on the air freight market, request a sample here.

What are the key trends in the air freight market?

Major trend in the air freight market - innovative digital air freight service ecu360 simplifies global shipping. For further insights on the air freight market, request a sample here.

What are the major opportunities in the air freight market? What are the strategies for the air freight market?

For detailed insights on the major opportunities and strategies in the air freight market, request a sample here.

How does the air freight market relate to the overall economy and other similar markets?

For detailed insights on air freight market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the air freight industry?

For detailed insights on the mergers and acquisitions in the air freight industry, request a sample here.

What are the key dynamics influencing the air freight market growth? SWOT analysis of the air freight market.

For detailed insights on the key dynamics influencing the air freight market growth and SWOT analysis of the air freight industry, request a sample here.