Air Cargo Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR41281
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To help clients improve their market position, the Air Cargo Market report for 2021-2025 provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Air France-KLM SA
  • Cathay Pacific Airways Ltd.
  • China Airlines Ltd.
  • Delta Air Lines Inc.
  • Deutsche Lufthansa AG
  • Deutsche Post DHL Group
  • FedEx Corp.
  • International Consolidated Airlines Group SA
  • The Emirates Group
  • United Parcel Service Inc.

Market Overview

Air-Cargo-Market-Market-Size-2020-2025

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This air cargo market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The air cargo market size will likely grow by 14.05 mn tons during 2021-2025, and the market’s growth momentum will accelerate during the forecast period. This report provides a detailed analysis of the market by APAC, North America, Europe, MEA, and South America and End-user | Geography Manufacturing | FMCG and retail | Pharmaceuticals and chemicals | Other industries | APAC | North America | Europe | MEA | South America.

The market is fragmented. Increase in e-commerce sales to boost air cargo market, Growing demand from APAC, and Rising demand from just-in-time manufacturers will offer immense growth opportunities. However, Expected rise in jet fuel prices, Declining pharmaceutical shipments by air cargo, and Fluctuation in import and export levels may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Air Cargo Market: Segmentation by Geography

Air-Cargo-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. APAC had the largest market share in the air cargo market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. Rising demand from just-in-time manufacturers will significantly influence Air Cargo Market's growth in this region.

60% of the market’s growth will originate from APAC during the forecast period. US, China, Japan, Germany, UK, and France are the key markets for air cargo market in APAC. Market growth in this segment will be greater than the growth in APAC, North America, Europe, MEA, and South America. This report provides an accurate prediction of the contribution of all segments to the growth of the air cargo market size.

Air Cargo Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

14.05 mn tons

Market structure

Fragmented

YoY growth (%)

3.37

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 60%

Key consumer countries

US, China, Japan, Germany, UK, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Air France-KLM SA, Cathay Pacific Airways Ltd., China Airlines Ltd., Delta Air Lines Inc., Deutsche Lufthansa AG, Deutsche Post DHL Group, FedEx Corp., International Consolidated Airlines Group SA, The Emirates Group, and United Parcel Service Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Air Cargo Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will air cargo market growth during the next five years
  • Precise estimation of the air cargo market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the air cargo market industry across APAC, North America, Europe, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of air cargo market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The air cargo market growth will increase by $16.75 million t during 2019-2024.
The air cargo market is expected to grow at a CAGR of 4.80% during 2019-2024.
Technavio has segmented the air cargo market by end user (Manufacturing, FMCG and retail, Pharmaceuticals and chemicals, and Other industries) and geographic (APAC, North America, Europe, and South America).
Air France-KLM SA, Cathay Pacific Airways Ltd., China Airlines Ltd., Delta Air Lines Inc., Deutsche Lufthansa AG, Deutsche Post DHL Group, FedEx Corp., International Consolidated Airlines Group SA, The Emirates Group, United Parcel Service Inc. are a few of the key vendors in the air cargo market.
APAC will register the highest growth rate of 61.96% among the other regions. Therefore, the air cargo market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Germany
  • China
  • Japan
  • France
The key factors driving the air cargo market growth are:
  • Increase in e-commerce sales to boost air cargo market
  • Expected rise in demand for temperature-sensitive products
The air cargo market vendors should focus on grabbing business opportunities from the manufacturing segment as it accounted for the largest market share in the base year.
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