The global Air Cargo Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Service (Forwarding, Airlines, Mail, Others), By Destination (Domestic, International), By Carrier Type (Belly Cargo, Freighter), By End-User (Manufacturing, FMCG and retail, Pharmaceuticals and chemicals, Others).
The Air Cargo Market in 2024 remains a vital component of the global logistics and transportation industry, facilitating the efficient movement of goods across international borders. With the increasing globalization of trade, e-commerce expansion, and the demand for expedited shipping services, the air cargo market continues to witness robust growth. Advancements in aviation technology, such as larger freighter aircraft and improved cargo handling systems, enhance the capacity and efficiency of air cargo operations. Moreover, the adoption of digitalization and data analytics enables logistics providers to optimize route planning, enhance cargo tracking capabilities, and improve supply chain visibility, thereby driving operational efficiency and customer satisfaction. Despite challenges such as fluctuating fuel prices and regulatory pressures, the air cargo market remains resilient, supported by the indispensable role it plays in facilitating global trade and meeting the evolving demands of businesses and consumers worldwide.
The global Air Cargo Market Industry is highly competitive with a large number of companies focusing on niche market segments. Amidst intense competitive conditions, Air Cargo Market Companies are investing in new product launches and strengthening distribution channels. Key companies operating in the Air Cargo Market Industry include- American Airlines Inc, Bollore Logistics, CAL Cargo Air Lines Ltd, Cargolux Airlines International SA, Cathay Pacific Airways Ltd, China Airlines Ltd, China Southern Airlines Co. 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
One of the most prominent trends in the air cargo market is the surge in e-commerce and global trade. With the exponential growth of online shopping and cross-border transactions, there is an increasing demand for efficient and reliable air cargo services to transport goods quickly and securely. E-commerce giants and small businesses alike are leveraging air cargo to meet the demands of customers for fast delivery, driving the expansion of air freight networks and infrastructure. The trend reshaping the landscape of the air cargo industry, with a focus on enhancing capacity, speed, and connectivity to support the booming e-commerce market and global supply chains.
A key driver propelling the air cargo market is the need for time-sensitive deliveries and just-in-time inventory management practices across various industries. Businesses operating in sectors such as automotive, electronics, pharmaceuticals, and perishable goods rely heavily on air cargo to ensure prompt delivery of goods and components. With globalization and increasing competition, there's a growing emphasis on reducing lead times and optimizing supply chain efficiency, driving the demand for air freight services. Whether it's delivering critical components for manufacturing or transporting perishable goods to meet market demand, air cargo plays a vital role in facilitating swift and reliable logistics solutions, making it an indispensable driver of economic activity and trade.
An untapped opportunity in the air cargo market lies in the adoption of sustainable aviation fuels (SAF) and green initiatives to mitigate environmental impact. As the aviation industry faces pressure to reduce carbon emissions and address climate change concerns, there's a growing momentum towards adopting cleaner and more sustainable practices. Companies operating in the air cargo sector can seize the opportunity by investing in alternative fuels, such as biofuels or hydrogen, and implementing eco-friendly technologies to reduce their carbon footprint. Additionally, promoting carbon offset programs and implementing greener operational practices, such as route optimization and fleet modernization, can enhance sustainability credentials and appeal to environmentally conscious customers. By embracing sustainability and environmental stewardship, air cargo companies can not only contribute to a greener future but also differentiate themselves in the market and attract customers who prioritize sustainability in their supply chain decisions.
By Service
By Destination
By Carrier Type
By End-User
Geographical Analysis
*- List not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Air Cargo Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Air Cargo Market Size Outlook, $ Million, 2021 to 2030
3.2 Air Cargo Market Outlook by Type, $ Million, 2021 to 2030
3.3 Air Cargo Market Outlook by Product, $ Million, 2021 to 2030
3.4 Air Cargo Market Outlook by Application, $ Million, 2021 to 2030
3.5 Air Cargo Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Air Cargo Industry
4.2 Key Market Trends in Air Cargo Industry
4.3 Potential Opportunities in Air Cargo Industry
4.4 Key Challenges in Air Cargo Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Air Cargo Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Air Cargo Market Outlook by Segments
7.1 Air Cargo Market Outlook by Segments, $ Million, 2021- 2030
By Service
Forwarding
Airlines
Mail
Others
By Destination
Domestic
International
By Carrier Type
Belly Cargo
Freighter
By End-User
Manufacturing
FMCG and retail
Pharmaceuticals and chemicals
Others
8 North America Air Cargo Market Analysis and Outlook To 2030
8.1 Introduction to North America Air Cargo Markets in 2024
8.2 North America Air Cargo Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Air Cargo Market size Outlook by Segments, 2021-2030
By Service
Forwarding
Airlines
Mail
Others
By Destination
Domestic
International
By Carrier Type
Belly Cargo
Freighter
By End-User
Manufacturing
FMCG and retail
Pharmaceuticals and chemicals
Others
9 Europe Air Cargo Market Analysis and Outlook To 2030
9.1 Introduction to Europe Air Cargo Markets in 2024
9.2 Europe Air Cargo Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Air Cargo Market Size Outlook by Segments, 2021-2030
By Service
Forwarding
Airlines
Mail
Others
By Destination
Domestic
International
By Carrier Type
Belly Cargo
Freighter
By End-User
Manufacturing
FMCG and retail
Pharmaceuticals and chemicals
Others
10 Asia Pacific Air Cargo Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Air Cargo Markets in 2024
10.2 Asia Pacific Air Cargo Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Air Cargo Market size Outlook by Segments, 2021-2030
By Service
Forwarding
Airlines
Mail
Others
By Destination
Domestic
International
By Carrier Type
Belly Cargo
Freighter
By End-User
Manufacturing
FMCG and retail
Pharmaceuticals and chemicals
Others
11 South America Air Cargo Market Analysis and Outlook To 2030
11.1 Introduction to South America Air Cargo Markets in 2024
11.2 South America Air Cargo Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Air Cargo Market size Outlook by Segments, 2021-2030
By Service
Forwarding
Airlines
Mail
Others
By Destination
Domestic
International
By Carrier Type
Belly Cargo
Freighter
By End-User
Manufacturing
FMCG and retail
Pharmaceuticals and chemicals
Others
12 Middle East and Africa Air Cargo Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Air Cargo Markets in 2024
12.2 Middle East and Africa Air Cargo Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Air Cargo Market size Outlook by Segments, 2021-2030
By Service
Forwarding
Airlines
Mail
Others
By Destination
Domestic
International
By Carrier Type
Belly Cargo
Freighter
By End-User
Manufacturing
FMCG and retail
Pharmaceuticals and chemicals
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
American Airlines Inc
Bollore Logistics
CAL Cargo Air Lines Ltd
Cargolux Airlines International SA
Cathay Pacific Airways Ltd
China Airlines Ltd
China Southern Airlines Co. 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
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Service
By Destination
By Carrier Type
By End-User
Geographical Analysis
The global Air Cargo Market is one of the lucrative growth markets, poised to register a 6.2% growth (CAGR) between 2024 and 2030.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
American Airlines Inc, Bollore Logistics, CAL Cargo Air Lines Ltd, Cargolux Airlines International SA, Cathay Pacific Airways Ltd, China Airlines Ltd, China Southern Airlines Co. 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
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume