Air Cargo Service Trends and Forecast
The future of the global air cargo service market looks promising with opportunities in the consumer electronic, retail, third party logistic, food & beverage, and pharmaceutical & healthcare markets. The global air cargo service market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are rising aerospace industry, growing international trade activities, and increase in e-commerce platforms.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Air Cargo Service by Segment
The study includes a forecast for the global air cargo service by type, service, end use, and region.
Air Cargo Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Air Mail
• Air Freight
Air Cargo Service Market by Service [Shipment Analysis by Value from 2018 to 2030]:
• Express
• Regular
Air Cargo Service Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Consumer Electronics
• Retail
• Third Party Logistics
• Food & Beverages
• Pharmaceuticals & Healthcare
• Others
Air Cargo Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Air Cargo Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies air cargo service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the air cargo service companies profiled in this report include-
• Amazon.com
• China Railway Corporation
• UPS Airlines
• United Parcel Service
• Deutsche Post
• FedEx Corporation
• A.P. Moller-Mærsk
• United States Postal Service
• American Airlines
• Delta Airlines
Air Cargo Service Market Insights
Lucintel forecasts that air mail is expected to witness the higher growth over the forecast period.
Within this market, consumer electronic is expected to witness the highest growth over the forecast period.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Air Cargo Service Market
Market Size Estimates: Air cargo service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Air cargo service market size by type, service, end use, and region in terms of value ($B).
Regional Analysis: Air cargo service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, services, end uses, and regions for the air cargo service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the air cargo service market.
Analyse de l'intensité concurrentielle de l'industrie basée sur le modèle des cinq forces de Porter.
FAQ
Q1. What is the growth forecast for air cargo service market?
Answer: The global air cargo service market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the air cargo service market?
Answer: The major drivers for this market are rising aerospace industry, growing international trade activities, and increase in e-commerce platforms.
Q3. What are the major segments for air cargo service market?
Answer: The future of the air cargo service market looks promising with opportunities in the consumer electronic, retail, third party logistic, food & beverage, and pharmaceutical & healthcare markets.
Q4. Who are the key air cargo service market companies?
Answer: Some of the key air cargo service companies are as follows:
• Amazon.com
• China Railway Corporation
• UPS Airlines
• United Parcel Service
• Deutsche Post
• FedEx Corporation
• A.P. Moller-Mærsk
• United States Postal Service
• American Airlines
• Delta Airlines
Q5. Which air cargo service market segment will be the largest in future?
Answer: Lucintel forecasts that air mail is expected to witness the higher growth over the forecast period.
Q6. In air cargo service market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the air cargo service market by type (air mail and air freight), service (express and regular), end use (consumer electronics, retail, third party logistics, food & beverages, pharmaceuticals & healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Air Cargo Service Market, Air Cargo Service Market Size, Air Cargo Service Market Growth, Air Cargo Service Market Analysis, Air Cargo Service Market Report, Air Cargo Service Market Share, Air Cargo Service Market Trends, Air Cargo Service Market Forecast, Air Cargo Service Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.