Air Freight Market
Rising popularity of consolidated air freight services is a major factor driving market revenue growth
VANCOUVER, BRITISH COLUMBIA, CANADA, July 2, 2024 /EINPresswire.com/ — The global Air Freight Market size is expected to reach USD 587.22 Billion in 2032 and register a steady revenue CAGR of 5.7% over the forecast period, according to the latest analysis by Emergen Research. Rising demand for air freight in healthcare industries for rapid transportation of critical supplies and pharmaceuticals is a key factor driving market revenue growth.
The air freight market is a critical component of the global logistics and supply chain industry, enabling the rapid and efficient transport of goods across international borders. This market includes the transportation of a diverse range of cargo, from perishable goods and high-value electronics to industrial machinery and pharmaceuticals. Air freight services are provided by dedicated cargo airlines, integrated express carriers, and passenger airlines that offer belly cargo capacity. With its unparalleled speed and reach, air freight is essential for time-sensitive shipments, high-value goods, and global trade operations. The market is driven by the demands of e-commerce, manufacturing, and the need for fast, reliable delivery of products worldwide.
Leading companies looking for new revenue streams will find this research very helpful in understanding the market and its underlying dynamics. It is useful for companies looking to diversify into new markets or expand their current scope of operations.
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BollorΓ© Logistics, DB Schenker, Deutsche Post AG, DSV – Global Transport and Logistics, Expeditors International of Washington, Inc., FedEx, Hellmann Worldwide Logistics, Kuehne+Nagel, Nippon express holdings, United Parcel Service of America, Inc., C.H. Robinson Worldwide, Inc., XPO, Inc., CEVA Logistics, Agility, Ceva, DACHSER, GEODIS, Maersk, Rhenus Group, and Qatar Airways.
How will this Report Benefit you?
We have recently released a 250-page report from Emergen Research that includes 194 tables and 189 charts and graphics. Those who need commercial, in-depth market assessments for the global Air Freight Market, as well as a detailed market segment analysis, can find our new report valuable. Our recent study provides a thorough assessment of the whole regional and global market for Air Freight Market. To increase market share, obtain a comprehensive financial analysis of the whole market and its various segments. It is clear that energy storage technology is rapidly expanding. Look at how you might take advantage of the current and future revenue-generating opportunities in this industry. Additionally, the research will assist you in making more effective strategic decisions, such as building growth strategies, strengthening competitor analysis, and increasing business productivity.
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Drivers of Growth in the Air Freight Market
Several factors are driving the robust growth of the air freight market. Firstly, the rise of e-commerce and online retail has significantly increased the volume of goods requiring fast and reliable delivery, boosting demand for air freight services. Companies like Amazon, Alibaba, and other major e-commerce players rely on air freight to meet customer expectations for quick delivery times. Secondly, the globalization of supply chains and the need for just-in-time manufacturing processes require efficient transportation solutions to maintain the flow of goods and components across continents. Air freight provides the speed and flexibility necessary to support these complex supply chain operations. Additionally, the growth of industries that rely on high-value and perishable goods, such as electronics, pharmaceuticals, and fresh produce, fuels the demand for air freight, as it offers secure and swift transport to preserve product quality and value.
Segments covered in the report:
For the purpose of this report, Emergen Research has segmented the global air freight system market based on service, destination, carrier type, freight type, end-use, and region:
Service Outlook (Revenue, USD Billion; 2019β2032)
Freight forwarding
Airlines
Mail
Other services
Destination Outlook (Revenue, USD Billion; 2019β2032)
Domestic
International
Carrier Type Outlook (Revenue, USD Billion; 2019β2032)
Belly cargo
Freighter
Freight type Outlook (Revenue, USD Billion; 2019β2032)
Emergency freight
Perishable freight
Non-perishable freight
Dangerous goods
Live animals
High-value freight
Special handling requirements
Tracking and tracing requirements
Insurance requirements
Low-value freight
End-use Outlook (Revenue, USD Billion; 2019β2032)
E-commerce logistics
Retail supply chain
Cold chain logistics
Oversized and heavy cargo
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Geographic Segment Covered in the Report:
The Air Freight Market provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.Β
Β β’ North America (USA and Canada)
Β β’ Europe (UK, Germany, France and the rest of Europe)
Β β’ Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
Β β’ Latin America (Brazil, Mexico, and the rest of Latin America)
Β β’ Middle East and Africa (GCC and rest of the Middle East and Africa)
What Questions Should You Ask before Buying a Market Research Report?
How is the Air Freight Market evolving?
What is driving and restraining the Air Freight Market?
How will each Air Freight Market submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2032?
How will the market shares for each Air Freight Market submarket develop from 2024 to 2032?
What will be the main driver for the overall market from 2024 to 2032?
Will leading Air Freight Market broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2032 and which geographical region will lead the market in 2032?
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About us :
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy.
Eric Lee
Emergen Research
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