Air Freight Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 157 SKU: IRTNTR77725

Air Freight Market Forecast 2024-2028 

The Air Freight Market size is forecast to increase by USD 68.02 billion, at a CAGR of 6.82% between 2023 and 2028. The market's growth hinges on various factors, including the expanding e-commerce sector, heightened air freight demand, bolstered by rising free-trade agreements in Europe, and the uptick in US agricultural exports to China. These elements collectively contribute to the market's upward trajectory, reflecting shifting dynamics in global trade and commerce. With the e-commerce boom driving increased demand for efficient logistics solutions and trade agreements facilitating smoother cross-border transactions, the market is poised for significant expansion in the foreseeable future.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

The market is propelled by the digital transformation of the retail industry, driving increased demand for efficient logistics solutions to meet customer expectations. Advancements in technology, including AI and big data analytics, optimize business processes and enhance retail operations, improving supply chain efficiency. However, challenges such as budget constraints and complexity hinder seamless operations. Competitors vie for market share through personalized services and innovative marketing tactics, while customer retention relies on superior customer service and predictive analytics for effective inventory management. These trends underscore the evolving landscape of air freight logistics in response to changing market dynamics. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The growing e-commerce sector's increasing air freight demand is notably driving market growth. The growing Internet penetration and improving purchasing power parity across all regions are primarily bolstering the development of the global e-commerce industry. The US and China are the key contributing countries to the global e-commerce industry. For instance, in 2020, the business-to-customer (B2C) e-commerce industry in the US accounted for more than 10% of the overall retail sales in the US. Furthermore, the US e-commerce industry is expected to grow significantly. France and the US are the major exporters of beauty and personal care products. Indian customers buy products from various Chinese websites, such as Alibaba.com and Banggood.com.

Moreover, through cross-border e-commerce, sellers will get the opportunity to expand their businesses outside their often-saturated home market and tap into new markets. Air freight services play a major role in cross-border e-commerce as the movement of goods depends on the transportation and distribution network. Online marketplaces want to ensure that customers receive the order as soon as possible and mostly use air transportation to forward a parcel beyond national borders. This trend necessitates significant advancements in technology to enhance customer experiences and streamline retail operations while effectively managing inventory and ensuring optimal customer service. Thus, the growing e-commerce sector will drive the growth of the market during the forecast period. 

Key Market Trends

Penetration of blockchain in air freight is an emerging trend shaping market growth. Blockchain technology, recognized for its secure digital data storage, operates as a distributed digital ledger, ensuring transparency and integrity in transactions. While still emerging in developed nations, it's penetrating markets like APAC, particularly in China and Japan, due to widespread technological adoption. By 2025, blockchain is forecasted to safeguard 11% of global GDP, with APAC leading its utilization. China has integrated blockchain into its economic strategy, with notable projects like VeChain and Matrix.

However, in the air freight sector, blockchain holds promise, as seen in initiatives by companies like Walmart, which tracks fresh produce shipments with blockchain sensors, ensuring transparency and accountability across the supply chain. This adoption of blockchain in air freight is expected to drive market growth, aligning with the broader trend of technological innovation in the industry.

Major Market Challenge

The high cost of air freight services is a significant challenge hindering market growth. Air freight is mainly used for fast transportation of high-value goods. Generally, a buyer of the goods is given a quotation for all modes of transportation. Air freight is usually much more expensive than other modes of transportation, such as roadways and waterways. However, the shipping of the same amount of goods through sea freight costs around USD 3,000. Some of the major components of air freight costs are jet fuel surcharges, transportation costs, labor and handling costs, customs brokerage, and landing charges. A rise in fuel prices increases the overall air freight costs. 

However, high labor cost also increases air freight costs. Labor costs are high in North America and Europe. For instance, labor costs account for over one-fourth of the total air freight cost in these regions. The global shortage of workers and scarcity of qualified pilots are increasing labor costs. Owing to the rise in air freight costs, most end-users, such as e-commerce companies and other manufacturers, settle for marine or land transportation, which will hinder the growth of the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Agility Public Warehousing Co. K.S.C.P - The company offers air freight solutions where goods are subject to minimal handling and to reduce the cargo through customs quickly and efficiently.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Bollore Logistics
  • C H Robinson Worldwide Inc.
  • CEVA Logistics S A
  • DB Schenker
  • Dimerco Express Corp.
  • DSV AS
  • Expeditors International of Washington Inc.
  • FedEx Corp.
  • GEODIS
  • Hellmann Worldwide Logistics SE and Co KG
  • Kerry Logistics Network Ltd.
  • Kuehne Nagel Management AG
  • Nippon Express Holdings Inc.
  • Sinotrans Ltd.
  • The Emirates Group
  • United Parcel Service Inc.
  • XPO Inc.
  • YUSEN LOGISTICS CO. LTD.
  • Deutsche Post AG

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segment in the Market?

The commercial segment is estimated to witness significant growth during the forecast period. The rising demand for consumer electronics, automotive products, food products, frozen food, various agricultural products, and medical devices is the key factor driving the growth of the commercial segment in the global air freight market. However, the price of consumer electronics is decreasing in Japan and China because of the economics of scale production. The price competition among consumer electronics manufacturers in low-cost manufacturing countries, such as South Korea and Taiwan, is increasing. 

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The commercial segment was the largest and was valued at USD 113.54 billion in 2018. The automotive sector is a significant revenue contributor to the global manufacturing industry. The global sales of passenger cars reached almost 85 to 88 million in 2023. The increasing consumer disposable income in countries such as the US and China is bolstering high automotive sales and production. Furthermore, to increase the production capacity and to make the supply chain lean, many automotive manufacturing countries such as Germany, Japan, the US, China, and South Korea depend on air freight transportation for raw materials. Thus, the commercial segment is expected to witness substantial growth in the market during the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The increasing demand in the retail and electronics industries in the region is the major driving factor in APAC. Retail sales are expected to increase in the future. The growth will be tremendous, especially in India and Japan, because of the support from the governments for Foreign Direct Investment (FDI) in the retail business, which is growing in these countries.

For instance, the Indian Department of Industrial Policy and Promotion provides 100% FDI for single-band retailers (entry route automatic up to 49% and government route beyond 49%). Increased retail sales are expected to augment transportation requirements. Therefore, the increasing demand for air freight in the retail sector is expected to drive the growth of the market in APAC during the forecast period.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • End-user Outlook 
    • Commercial
    • Private
  • Type Outlook  
    • International
    • Domestic 
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview 

The logistics industry, particularly air freight, plays a crucial role in transporting valuable and perishable goods like vaccines, pharmaceuticals, and high-end electronics. To ensure the safe delivery of temperature-sensitive medications, cool-chain systems and innovative technologies like robotics, AI, and IoT are employed. Key players like to offer door-to-door services via cargo planes, catering to global demand. With the rise of e-commerce and the global economy, air freight serves as a lifeline for critical goods, supported by state-of-the-art procedures and cool-chain tech. As the industry evolves, investments in automation, AI, and AR/VR streamline freight activities, offering innovative solutions for efficient transportation. Whether for domestic or international air freight, mainframe systems and consolidated services by industry giants ensure reliable deliveries, driving the market forward amid evolving global trade dynamics.

Additionally, the market is vital for transporting a diverse range of goods, from jewellery to perishables, facilitated by consolidated and domestic air freight services. Operating via aircraft, it offers various transportation modes like charter and standard services, meeting global economic development needs. Key players like The ensure efficient deliveries, considering factors like volumetric and real weight, along with terminal handling and security surcharges. Automated systems enhance market segmentation, providing door-to-door delivery options for destinations worldwide. Amidst growing demand driven by e-commerce and vaccination programs, advancements in AI, deep learning, and AR/VR technologies contribute to market growth, supporting worldwide internet retail trade and international post services.

Market Scope

Report Coverage

Details

Page number

157

Base year

2023

Historic period

2018 - 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.82%

Market growth 2024-2028

USD 68.02 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

5.82

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 35%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Agility Public Warehousing Co. K.S.C.P, Bollore Logistics, C H Robinson Worldwide Inc., CEVA Logistics S A, DB Schenker, Dimerco Express Corp., DSV AS, Expeditors International of Washington Inc., FedEx Corp., GEODIS, Hellmann Worldwide Logistics SE and Co KG, Kerry Logistics Network Ltd., Kuehne Nagel Management AG, Nippon Express Holdings Inc., Sinotrans Ltd., The Emirates Group, United Parcel Service Inc., XPO Inc., YUSEN LOGISTICS CO. LTD., and Deutsche Post AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis 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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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
  • Precise estimation of the size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market industry across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global air freight market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global air freight market 2018 - 2022 ($ billion)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Commercial - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Commercial - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Commercial - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
    • 6.4 Private - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Private - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Private - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Private - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Private - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ billion)
      • Exhibit 43: Data Table on Market opportunity by End-user ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 International - Market size and forecast 2023-2028
      • Exhibit 48: Chart on International - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on International - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on International - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on International - Year-over-year growth 2023-2028 (%)
    • 7.4 Domestic - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Domestic - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Domestic - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Domestic - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Domestic - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 Japan - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Agility Public Warehousing Co. K.S.C.P
              • Exhibit 111: Agility Public Warehousing Co. K.S.C.P - Overview
              • Exhibit 112: Agility Public Warehousing Co. K.S.C.P - Business segments
              • Exhibit 113: Agility Public Warehousing Co. K.S.C.P - Key offerings
              • Exhibit 114: Agility Public Warehousing Co. K.S.C.P - Segment focus
            • 12.4 Bollore Logistics
              • Exhibit 115: Bollore Logistics - Overview
              • Exhibit 116: Bollore Logistics - Product / Service
              • Exhibit 117: Bollore Logistics - Key offerings
            • 12.5 C H Robinson Worldwide Inc.
              • Exhibit 118: C H Robinson Worldwide Inc. - Overview
              • Exhibit 119: C H Robinson Worldwide Inc. - Business segments
              • Exhibit 120: C H Robinson Worldwide Inc. - Key offerings
              • Exhibit 121: C H Robinson Worldwide Inc. - Segment focus
            • 12.6 DB Schenker
              • Exhibit 122: DB Schenker - Overview
              • Exhibit 123: DB Schenker - Business segments
              • Exhibit 124: DB Schenker - Key offerings
              • Exhibit 125: DB Schenker - Segment focus
            • 12.7 Deutsche Post AG
              • Exhibit 126: Deutsche Post AG - Overview
              • Exhibit 127: Deutsche Post AG - Product / Service
              • Exhibit 128: Deutsche Post AG - Key news
              • Exhibit 129: Deutsche Post AG - Key offerings
            • 12.8 DSV AS
              • Exhibit 130: DSV AS - Overview
              • Exhibit 131: DSV AS - Business segments
              • Exhibit 132: DSV AS - Key offerings
              • Exhibit 133: DSV AS - Segment focus
            • 12.9 Expeditors International of Washington Inc.
              • Exhibit 134: Expeditors International of Washington Inc. - Overview
              • Exhibit 135: Expeditors International of Washington Inc. - Business segments
              • Exhibit 136: Expeditors International of Washington Inc. - Key offerings
              • Exhibit 137: Expeditors International of Washington Inc. - Segment focus
            • 12.10 FedEx Corp.
              • Exhibit 138: FedEx Corp. - Overview
              • Exhibit 139: FedEx Corp. - Business segments
              • Exhibit 140: FedEx Corp. - Key news
              • Exhibit 141: FedEx Corp. - Key offerings
              • Exhibit 142: FedEx Corp. - Segment focus
            • 12.11 GEODIS
              • Exhibit 143: GEODIS - Overview
              • Exhibit 144: GEODIS - Product / Service
              • Exhibit 145: GEODIS - Key offerings
            • 12.12 Hellmann Worldwide Logistics SE and Co KG
              • Exhibit 146: Hellmann Worldwide Logistics SE and Co KG - Overview
              • Exhibit 147: Hellmann Worldwide Logistics SE and Co KG - Product / Service
              • Exhibit 148: Hellmann Worldwide Logistics SE and Co KG - Key news
              • Exhibit 149: Hellmann Worldwide Logistics SE and Co KG - Key offerings
            • 12.13 Kuehne Nagel Management AG
              • Exhibit 150: Kuehne Nagel Management AG - Overview
              • Exhibit 151: Kuehne Nagel Management AG - Business segments
              • Exhibit 152: Kuehne Nagel Management AG - Key news
              • Exhibit 153: Kuehne Nagel Management AG - Key offerings
              • Exhibit 154: Kuehne Nagel Management AG - Segment focus
            • 12.14 Nippon Express Holdings Inc.
              • Exhibit 155: Nippon Express Holdings Inc. - Overview
              • Exhibit 156: Nippon Express Holdings Inc. - Business segments
              • Exhibit 157: Nippon Express Holdings Inc. - Key offerings
              • Exhibit 158: Nippon Express Holdings Inc. - Segment focus
            • 12.15 Sinotrans Ltd.
              • Exhibit 159: Sinotrans Ltd. - Overview
              • Exhibit 160: Sinotrans Ltd. - Product / Service
              • Exhibit 161: Sinotrans Ltd. - Key offerings
            • 12.16 United Parcel Service Inc.
              • Exhibit 162: United Parcel Service Inc. - Overview
              • Exhibit 163: United Parcel Service Inc. - Business segments
              • Exhibit 164: United Parcel Service Inc. - Key news
              • Exhibit 165: United Parcel Service Inc. - Key offerings
              • Exhibit 166: United Parcel Service Inc. - Segment focus
            • 12.17 YUSEN LOGISTICS CO. LTD.
              • Exhibit 167: YUSEN LOGISTICS CO. LTD. - Overview
              • Exhibit 168: YUSEN LOGISTICS CO. LTD. - Product / Service
              • Exhibit 169: YUSEN LOGISTICS CO. LTD. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 170: Inclusions checklist
                • Exhibit 171: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 172: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 173: Research methodology
                • Exhibit 174: Validation techniques employed for market sizing
                • Exhibit 175: Information sources
              • 13.5 List of abbreviations
                • Exhibit 176: List of abbreviations

              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.

              INFORMATION 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

              DATA 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

              REPORT WRITING

              Qualitative

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

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              air freight market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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