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PUBLISHER: IMARC | PRODUCT CODE: 1287621
PUBLISHER: IMARC | PRODUCT CODE: 1287621
Air Freight Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 143 Pages
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Market Overview:
The global air freight market size reached US$ 287.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 413.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028.
Air freight, also known as air cargo, is a transportation mode used to deliver fast speed shipments via charter or commercial air carriers. It can be delivered globally as goods sent from consignors to consignees or sellers to buyers. Moreover, it is handled along the chain by numerous entities, such as express carriers, aircraft and postal operators, regulated agents, haulers, and ground handlers, with varying responsibilities. At present, air freight is assisting in contributing to economic development across the globe.
Air Freight Market Trends:
Air freight is utilized for delivering non-perishable goods like jewelry, clothing, automotive parts, and perishable items, including fruits, vegetables, and meats, which require quick delivery. Besides this, it plays a crucial role in the distribution of vaccines through a well-established temperature-sensitive distribution system and cutting-edge technology and procedures. This, in confluence with the burgeoning aviation industry, is bolstering the growth of the market. Additionally, other modes of transportation, such as marine, rail, or road transport, generally take days or weeks to deliver different items. However, transporting goods using air freight saves time and offers a high level of security. It also requires less packaging than other transportation methods to reduce the weight limit. This, coupled with the growing popularity of consolidated air freight services, is positively influencing the market. Apart from this, key players are increasingly focusing on geographical expansions and mergers and acquisitions (M&A) to expand their customer base. This, along with the integration of the internet of things (IoT) and artificial intelligence (AI) in the air cargo supply chain and the rising import and export of goods among numerous countries worldwide, is facilitating the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global air freight market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service, destination and end user.
Breakup by Service:
- Freight
- Express
- Others
Breakup by Destination:
- Domestic
- International
Breakup by End User:
- Private
- Commercial
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Airlines Inc., ANA Cargo Inc., Bollore Logistics, Cargolux Airlines International S.A., Delta Air Lines Inc., Deutsche Bahn AG, Deutsche Post AG, DSV A/S, Expeditors International of Washington Inc., FedEx Corporation, Hellmann Worldwide Logistics SE & Co. KG, Kuehne + Nagel International AG, Nippon Express Co. Ltd., Qatar Airways and United Parcel Service Inc.
Key Questions Answered in This Report:
- What was the size of the global air freight market in 2022?
- What is the expected growth rate of the global air freight market during 2023-2028?
- What are the key factors driving the global air freight market?
- What has been the impact of COVID-19 on the global air freight market?
- What is the breakup of the global air freight market based on the service?
- What is the breakup of the global air freight market based on the destination?
- What is the breakup of the global air freight market based on the end user?
- What are the key regions in the global air freight market?
- Who are the key players/companies in the global air freight market?
Product Code: SR1623A379_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Air Freight Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Service
- 6.1 Freight
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Express
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Mail
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Destination
- 7.1 Domestic
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 International
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End User
- 8.1 Private
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Commercial
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 American Airlines Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 ANA Cargo Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Bollore Logistics
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Cargolux Airlines International S.A.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Delta Air Lines Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 Deutsche Bahn AG
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 SWOT Analysis
- 14.3.7 Deutsche Post AG
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 DSV A/S
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Expeditors International of Washington Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 FedEx Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Hellmann Worldwide Logistics SE & Co. KG
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Kuehne + Nagel International AG
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Nippon Express Co. Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.13.4 SWOT Analysis
- 14.3.14 Qatar Airways
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.15 United Parcel Service Inc.
- 14.3.15.1 Company Overview
- 14.3.15.2 Product Portfolio
- 14.3.15.3 Financials
- 14.3.15.4 SWOT Analysis
- 14.3.1 American Airlines Inc.
Product Code: SR1623A379_Report
List of Figures
- Figure 1: Global: Air Freight Market: Major Drivers and Challenges
- Figure 2: Global: Air Freight Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Air Freight Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Air Freight Market: Breakup by Service (in %), 2022
- Figure 5: Global: Air Freight Market: Breakup by Destination (in %), 2022
- Figure 6: Global: Air Freight Market: Breakup by End User (in %), 2022
- Figure 7: Global: Air Freight Market: Breakup by Region (in %), 2022
- Figure 8: Global: Air Freight (Freight) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Air Freight (Freight) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Air Freight (Express) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Air Freight (Express) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Air Freight (Mail) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Air Freight (Mail) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Air Freight (Other Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Air Freight (Other Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Air Freight (Domestic) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Air Freight (Domestic) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Air Freight (International) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Air Freight (International) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Air Freight (Private) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Air Freight (Private) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Air Freight (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Air Freight (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Air Freight Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Air Freight Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Air Freight Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Global: Air Freight Industry: SWOT Analysis
- Figure 74: Global: Air Freight Industry: Value Chain Analysis
- Figure 75: Global: Air Freight Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Air Freight Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Air Freight Market Forecast: Breakup by Service (in Million US$), 2023-2028
- Table 3: Global: Air Freight Market Forecast: Breakup by Destination (in Million US$), 2023-2028
- Table 4: Global: Air Freight Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Air Freight Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Air Freight Market: Competitive Structure
- Table 7: Global: Air Freight Market: Key Players
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