Market Overview:
The global air cargo services market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for air cargo services from various end-use industries such as industrial, agricultural, and others. In addition, the increasing demand for cold chain transportation services is also expected to fuel the growth of the global air cargo services market during the forecast period. On basis of type, general cargo transportation accounted for a major share of the global air cargo services market in 2017 and is projected to retain its dominance throughout the forecast period. This can be attributed to rising demand for express delivery and e-commerce shipments across different regions worldwide.
Product Definition:
The definition of Air Cargo Services is the transportation of goods or items by air. The importance of Air Cargo Services is that it helps businesses to transport goods quickly and efficiently.
General Cargo Transportation:
General cargo transportation is a service that involves the movement of goods by road, rail, air or water. Goods are transported from one place to another without any special destination in mind. General cargo transportation services are used for the transport of all types of commercial and non-commercial goods including food & beverages, manufactured products, raw materials and others.
Cold Chain Transportation:
The global cold chain transportation and its usage in air cargo services market size was valued at USD 90.0 billion in 2016. The increasing demand for temperature-controlled logistics from the pharmaceutical industry is expected to drive growth over the forecast period.
Application Insights:
The others application segment includes retail deliveries, distribution center logistics, and other special-purpose logistics. The segment accounted for a revenue share of more than 30% in 2017. General cargo transportation services are widely used by various industries including agricultural and manufacturing as they offer cost-effective options while moving bulk cargoes with high availability.
Air cargo services are also used by retailers to deliver inventory directly to customers or the stores themselves in different countries worldwide. This is done through the use of air express service providers who provide door-to-door delivery service at affordable rates along with advance notice requirements that comply with local regulations for safe delivery operations across international boundaries.
Regional Analysis:
North America dominated the global air cargo services market in 2017. The growth of the region can be attributed to factors such as increasing e-commerce sales, rising demand for consumer goods, and rapid industrialization. Moreover, growing trade activities between North America and Asia Pacific are expected to drive regional growth over the forecast period.
Asia Pacific is projected to witness significant growth over the next eight years owing to developing economies in China and India as well as other countries such as Vietnam, Thailand, Philippines etc., which are anticipated to boost regional demand for air freight services during this period. Furthermore, a shift in production bases of various companies from developed regions such as Europe and North America towards emerging regions including Asia Pacific is further expected to contribute toward industry expansion over the coming years.
Growth Factors:
- Increasing demand for air cargo services from the e-commerce sector.
- Rising demand for air cargo services from the manufacturing sector.
- Growth in international trade and globalization of economies.
- Expansion of global airline networks and increase in passenger traffic levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Air Cargo Services Market Research Report
By Type
General Cargo Transportation, Cold Chain Transportation, Animal Transportation, Others
By Application
Industrial, Agricultural, Others
By Companies
AirFreight.com, Sun Country Airlines Holdings, Inc, China Airlines, Lufthansa Cargo, Etihad Airways, cargo-partner, American Airlines, Inc., DHL International GmbH, Korean Air Cargo, Air India Cargo, UPS Air Cargo, Ethiopian Airlines, ACS Transport, United Airlines, Delta Air Lines, Farrow, Japan Airlines
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Air Cargo Services Market Report Segments:
The global Air Cargo Services market is segmented on the basis of:
Types
General Cargo Transportation, Cold Chain Transportation, Animal Transportation, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Agricultural, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AirFreight.com
- Sun Country Airlines Holdings, Inc
- China Airlines
- Lufthansa Cargo
- Etihad Airways
- cargo-partner
- American Airlines, Inc.
- DHL International GmbH
- Korean Air Cargo
- Air India Cargo
- UPS Air Cargo
- Ethiopian Airlines
- ACS Transport
- United Airlines
- Delta Air Lines
- Farrow
- Japan Airlines
Highlights of The Air Cargo Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Cargo Transportation
- Cold Chain Transportation
- Animal Transportation
- Others
- By Application:
- Industrial
- Agricultural
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Air Cargo Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Air cargo services are a type of transportation that helps move goods by air. Air cargo services can be used to transport items such as packages, freight, and mail.
Some of the major players in the air cargo services market are AirFreight.com, Sun Country Airlines Holdings, Inc, China Airlines, Lufthansa Cargo, Etihad Airways, cargo-partner, American Airlines, Inc., DHL International GmbH, Korean Air Cargo, Air India Cargo, UPS Air Cargo, Ethiopian Airlines, ACS Transport, United Airlines, Delta Air Lines, Farrow, Japan Airlines.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air Cargo Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Air Cargo Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Air Cargo Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Air Cargo Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Air Cargo Services Market Size & Forecast, 2020-2028
4.5.1 Air Cargo Services Market Size and Y-o-Y Growth
4.5.2 Air Cargo Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 General Cargo Transportation
5.2.2 Cold Chain Transportation
5.2.3 Animal Transportation
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Agricultural
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Air Cargo Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Air Cargo Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 General Cargo Transportation
9.6.2 Cold Chain Transportation
9.6.3 Animal Transportation
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Agricultural
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 General Cargo Transportation
10.6.2 Cold Chain Transportation
10.6.3 Animal Transportation
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Agricultural
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 General Cargo Transportation
11.6.2 Cold Chain Transportation
11.6.3 Animal Transportation
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Agricultural
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 General Cargo Transportation
12.6.2 Cold Chain Transportation
12.6.3 Animal Transportation
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Agricultural
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 General Cargo Transportation
13.6.2 Cold Chain Transportation
13.6.3 Animal Transportation
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Agricultural
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Air Cargo Services Market: Competitive Dashboard
14.2 Global Air Cargo Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AirFreight.com
14.3.2 Sun Country Airlines Holdings, Inc
14.3.3 China Airlines
14.3.4 Lufthansa Cargo
14.3.5 Etihad Airways
14.3.6 cargo-partner
14.3.7 American Airlines, Inc.
14.3.8 DHL International GmbH
14.3.9 Korean Air Cargo
14.3.10 Air India Cargo
14.3.11 UPS Air Cargo
14.3.12 Ethiopian Airlines
14.3.13 ACS Transport
14.3.14 United Airlines
14.3.15 Delta Air Lines
14.3.16 Farrow
14.3.17 Japan Airlines
