Title: Air Cargo And Freight Logistics Market Size, Share Analysis, Growth Report 2033
1Global Forecast 2024 2033 Market Size, Drivers,
And Trends
Air Cargo And Freight Logistics Global Market
Report 2024
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2Air Cargo And Freight Logistics Market Segments
The Business Research Company segments the air
cargo and freight logistics market segments
market report as
ByBySoTuyrpcee
Domestic Logistics International Logistics
By SBeyrvFoicremType
Express Regular
Food Industrial Materials Equipment Other
Applications
BByyAApppplliiccaattiioonn
By End-use
Retail Manufacturing Healthcare Automotive
Agriculture
.
Industry
3Market Statistics
The air cargo and freight logistics market size
has grown strongly in recent years. It will grow
from 208.79 billion in 2023 to 225.06 billion
in 2024 at a compound annual growth rate (CAGR)
of 7.8. The growth in the historic period can
be attributed to the increasing number of
internet users and wide range of products, rise
in global trade to spur growth of the market,
increased globalization due to rapid growth of
some developing countries, increasing global
trade drives demand for air cargo
transportation, expansion of e-commerce
industry.The air cargo and freight logistics
market size is expected to see strong growth in
the next few years. It will grow to 289.24
billion in 2028 at a compound annual growth rate
(CAGR) of 6.5. The growth in the forecast period
can be attributed to increasing consumer demand
for perishable products, expansion of e-
commerce industry to escalate market demand,
growing demand for pharmaceutical products
chemical and valuables and just in time
production of goods, the rise of online shopping,
time-sensitive and high- value cargo. Major
trends in the forecast period include automation
and digitization transforming logistics and
expanding market prospects, digitization and
automation, blockchain technology, sustainability
initiatives, urban air mobility (UAM).
289.24 B
225.0 B
208.7 B
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4Key Market Drivers And Trends
- Drivers
- Role Of E-Commerce In Driving Air Cargo And
Freight Logistics Growth - Trends
- Revolutionizing Air Cargo Logistics Speedcargo
Technologies And - Güdel Corporate's Groundbreaking Partnership
- Region
- North America was the largest region in the air
cargo and freight logistics market in 2023.
5Top Players In The Market
Major companies operating in the air cargo and
freight logistics market are Deutsche Post DHL
Group, United Parcel Service, FedEx Corporation,
Deutsche Lufthansa AG, DSV AS, DB Schenker,
Expeditors International of Washington, Kuehne
Nagel International AG, Singapore Airlines
Limited, Korean Air Co., Air China Limited,
Cathay Pacific Airways Limited, Bolloré
Logistics, China Airlines Limited, EgyptAir
Cargo, Canada Air Cargo Freight Logistics Inc.,
Kalitta Air LLC, CEVA Logistics, Titan Sea Air
Services, Horizon International Cargo Inc.,
Lavin Star Trading LLC, Rosan Sea Air Services,
Velocity Freight, Air Cargo Freight Logistics
India Pvt Ltd., ENS Logistics India Pvt Ltd.,
Qatar Airways Group, SNCF Logistics, American
Airlines Cargo
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