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Global Air Cargo Market Research Report 2024
Published Date: August 2020
|
Report Code: QYRE-Auto-16T3301
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Global Air Cargo Market Size Status and Forecast 2020 2026
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Global Air Cargo Market Research Report 2024

Code: QYRE-Auto-16T3301
Report
August 2020
Pages:108
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Air Cargo Market

Air cargo is any property carried or to be carried in an aircraft. Air cargo comprises air freight, air express and airmail.

The global Air Cargo market was valued at US$ 82500 million in 2023 and is anticipated to reach US$ 111730 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.

Air Cargo Market Reserach Report

Trends Influencing the Global Air Cargo Market

Consumer demand for faster delivery of cargo

The demand for air cargo is growing as transportation of goods by air takes much less time in comparison to other modes of transportation such as railways, roads, and shipping. There is a fixed arrival and departure time with minimal or no scope for delays. The warehouse requirement is less and clearance is fast. The shipment of goods always arrives on time. Thus the above factors are creating consumer demand for air cargo thereby driving the growth of the air cargo market during the forecast period.

Expansion of cross-border eCommerce and low insurance premiums

The cross border eCommerce industry is expanding at a substantial rate. The growing penetration of smartphones, online shopping trends, and rising disposable incomes are all aiding in the growth of the industry. The easy availability of a wide variety of goods at cheaper payment options in other countries along with strong logistical solutions is catering to the growing demand for cross-border eCommerce. Air cargo plays a major role in this sector. Moreover, the shipment duration in air freight is short leading to lesser insurance premiums for air transportation. Thus the acceleration of the cross-border eCommerce industry along with low insurance premiums for airline transportation will drive the growth of the air cargo market in the coming years.   

Growth of pharmaceutical industry and need for transporting temperature-sensitive goods

The pharmaceutical industry is growing at a rapid pace. The strict regulatory requirements and a growing number of biotech or pharma products entering the market every day require the need for efficient air cargo transport services with packaging and cold chain facilities. This enables quick transportation of temperature-sensitive goods such as drugs, chemicals, and medicines without any damage or threat to security. Thus the expanding pharma industry and the growing need to transport temperature-sensitive products will drive the growth of the air cargo market during the forecast period. Market players with cold chain facilities will develop immensely during the review period.

Air Cargo Market Share

Based on application, the Pharmaceutical and healthcare segment is expected to provide lucrative opportunities for growth in the air cargo market share as air transport provides fast delivery and smooth packaging enabling quick transport of time-controlled and temperature sensitive products.

Based on type, air freight is expected to provide lucrative opportunities for growth in the air cargo market share due to the rising eCommerce industry and global trade of goods and services.

Based on region, North America will provide huge scope for growth in the air cargo market share due to economic growth and rising income levels.

Air Cargo Market Segmentation

By Type

  • Air Mail
  • Air Freight

By Application

  • Retail
  • Food and Beverages
  • Pharmaceuticals and Healthcare
  • Consumer Electronics
  • 3PL

Key Players

  • China Airlines Cargo
  • FedEx Express
  • UPS Airlines
  • Cathay Pacific Cargo
  • DHL Aviation
  • Korean Air Caro
  • Cargolux
  • Lufthansa Cargo
  • Singapore Airlines Cargo
  • Emirates SkyCargo
  • Air Freight and Air Mail

 

Table of Contents
 
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Air Cargo Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Air Mail
1.2.3 Air Freight
1.3 Market by Application
1.3.1 Global Air Cargo Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Machinery & Equipment
1.3.3 Food and Beverages
1.3.4 Pharmaceuticals and Healthcare
1.3.5 Consumer Electronics
1.3.6 Medical Devices
1.3.7 Automotive
1.3.8 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
 
2 Global Growth Trends
2.1 Global Air Cargo Market Perspective (2019-2030)
2.2 Air Cargo Growth Trends by Region
2.2.1 Global Air Cargo Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Air Cargo Historic Market Size by Region (2019-2024)
2.2.3 Air Cargo Forecasted Market Size by Region (2025-2030)
2.3 Air Cargo Market Dynamics
2.3.1 Air Cargo Industry Trends
2.3.2 Air Cargo Market Drivers
2.3.3 Air Cargo Market Challenges
2.3.4 Air Cargo Market Restraints
 
3 Competition Landscape by Key Players
3.1 Global Top Air Cargo Players by Revenue
3.1.1 Global Top Air Cargo Players by Revenue (2019-2024)
3.1.2 Global Air Cargo Revenue Market Share by Players (2019-2024)
3.2 Global Air Cargo Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Air Cargo Revenue
3.4 Global Air Cargo Market Concentration Ratio
3.4.1 Global Air Cargo Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Air Cargo Revenue in 2023
3.5 Air Cargo Key Players Head office and Area Served
3.6 Key Players Air Cargo Product Solution and Service
3.7 Date of Enter into Air Cargo Market
3.8 Mergers & Acquisitions, Expansion Plans
 
4 Air Cargo Breakdown Data by Type
4.1 Global Air Cargo Historic Market Size by Type (2019-2024)
4.2 Global Air Cargo Forecasted Market Size by Type (2025-2030)
 
5 Air Cargo Breakdown Data by Application
5.1 Global Air Cargo Historic Market Size by Application (2019-2024)
5.2 Global Air Cargo Forecasted Market Size by Application (2025-2030)
 
6 North America
6.1 North America Air Cargo Market Size (2019-2030)
6.2 North America Air Cargo Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Air Cargo Market Size by Country (2019-2024)
6.4 North America Air Cargo Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
 
7 Europe
7.1 Europe Air Cargo Market Size (2019-2030)
7.2 Europe Air Cargo Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Air Cargo Market Size by Country (2019-2024)
7.4 Europe Air Cargo Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
 
8 Asia-Pacific
8.1 Asia-Pacific Air Cargo Market Size (2019-2030)
8.2 Asia-Pacific Air Cargo Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Air Cargo Market Size by Region (2019-2024)
8.4 Asia-Pacific Air Cargo Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
 
9 Latin America
9.1 Latin America Air Cargo Market Size (2019-2030)
9.2 Latin America Air Cargo Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Air Cargo Market Size by Country (2019-2024)
9.4 Latin America Air Cargo Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
 
10 Middle East & Africa
10.1 Middle East & Africa Air Cargo Market Size (2019-2030)
10.2 Middle East & Africa Air Cargo Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Air Cargo Market Size by Country (2019-2024)
10.4 Middle East & Africa Air Cargo Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
 
11 Key Players Profiles
11.1 China Airlines Cargo
11.1.1 China Airlines Cargo Company Detail
11.1.2 China Airlines Cargo Business Overview
11.1.3 China Airlines Cargo Air Cargo Introduction
11.1.4 China Airlines Cargo Revenue in Air Cargo Business (2019-2024)
11.1.5 China Airlines Cargo Recent Development
11.2 FedEx Express
11.2.1 FedEx Express Company Detail
11.2.2 FedEx Express Business Overview
11.2.3 FedEx Express Air Cargo Introduction
11.2.4 FedEx Express Revenue in Air Cargo Business (2019-2024)
11.2.5 FedEx Express Recent Development
11.3 UPS Airlines
11.3.1 UPS Airlines Company Detail
11.3.2 UPS Airlines Business Overview
11.3.3 UPS Airlines Air Cargo Introduction
11.3.4 UPS Airlines Revenue in Air Cargo Business (2019-2024)
11.3.5 UPS Airlines Recent Development
11.4 Cathay Pacific Cargo
11.4.1 Cathay Pacific Cargo Company Detail
11.4.2 Cathay Pacific Cargo Business Overview
11.4.3 Cathay Pacific Cargo Air Cargo Introduction
11.4.4 Cathay Pacific Cargo Revenue in Air Cargo Business (2019-2024)
11.4.5 Cathay Pacific Cargo Recent Development
11.5 DHL Aviation
11.5.1 DHL Aviation Company Detail
11.5.2 DHL Aviation Business Overview
11.5.3 DHL Aviation Air Cargo Introduction
11.5.4 DHL Aviation Revenue in Air Cargo Business (2019-2024)
11.5.5 DHL Aviation Recent Development
11.6 Korean Air Caro
11.6.1 Korean Air Caro Company Detail
11.6.2 Korean Air Caro Business Overview
11.6.3 Korean Air Caro Air Cargo Introduction
11.6.4 Korean Air Caro Revenue in Air Cargo Business (2019-2024)
11.6.5 Korean Air Caro Recent Development
11.7 Cargolux
11.7.1 Cargolux Company Detail
11.7.2 Cargolux Business Overview
11.7.3 Cargolux Air Cargo Introduction
11.7.4 Cargolux Revenue in Air Cargo Business (2019-2024)
11.7.5 Cargolux Recent Development
11.8 Lufthansa Cargo
11.8.1 Lufthansa Cargo Company Detail
11.8.2 Lufthansa Cargo Business Overview
11.8.3 Lufthansa Cargo Air Cargo Introduction
11.8.4 Lufthansa Cargo Revenue in Air Cargo Business (2019-2024)
11.8.5 Lufthansa Cargo Recent Development
11.9 Singapore Airlines Cargo
11.9.1 Singapore Airlines Cargo Company Detail
11.9.2 Singapore Airlines Cargo Business Overview
11.9.3 Singapore Airlines Cargo Air Cargo Introduction
11.9.4 Singapore Airlines Cargo Revenue in Air Cargo Business (2019-2024)
11.9.5 Singapore Airlines Cargo Recent Development
11.10 Emirates SkyCargo
11.10.1 Emirates SkyCargo Company Detail
11.10.2 Emirates SkyCargo Business Overview
11.10.3 Emirates SkyCargo Air Cargo Introduction
11.10.4 Emirates SkyCargo Revenue in Air Cargo Business (2019-2024)
11.10.5 Emirates SkyCargo Recent Development
11.11 Air Freight and Air Mail
11.11.1 Air Freight and Air Mail Company Detail
11.11.2 Air Freight and Air Mail Business Overview
11.11.3 Air Freight and Air Mail Air Cargo Introduction
11.11.4 Air Freight and Air Mail Revenue in Air Cargo Business (2019-2024)
11.11.5 Air Freight and Air Mail Recent Development
 
12 Analyst's Viewpoints/Conclusions
 
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Table of Figures
 
List of Tables
Table 1. Global Air Cargo Market Size Growth Rate by Type (US$ Million): 2019 VS 2023 VS 2030
Table 2. Key Players of Air Mail
Table 3. Key Players of Air Freight
Table 4. Global Air Cargo Market Size Growth by Application (US$ Million): 2019 VS 2023 VS 2030
Table 5. Global Air Cargo Market Size by Region (US$ Million): 2019 VS 2023 VS 2030
Table 6. Global Air Cargo Market Size by Region (2019-2024) & (US$ Million)
Table 7. Global Air Cargo Market Share by Region (2019-2024)
Table 8. Global Air Cargo Forecasted Market Size by Region (2025-2030) & (US$ Million)
Table 9. Global Air Cargo Market Share by Region (2025-2030)
Table 10. Air Cargo Market Trends
Table 11. Air Cargo Market Drivers
Table 12. Air Cargo Market Challenges
Table 13. Air Cargo Market Restraints
Table 14. Global Air Cargo Revenue by Players (2019-2024) & (US$ Million)
Table 15. Global Air Cargo Market Share by Players (2019-2024)
Table 16. Global Top Air Cargo Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Air Cargo as of 2023)
Table 17. Ranking of Global Top Air Cargo Companies by Revenue (US$ Million) in 2023
Table 18. Global 5 Largest Players Market Share by Air Cargo Revenue (CR5 and HHI) & (2019-2024)
Table 19. Key Players Headquarters and Area Served
Table 20. Key Players Air Cargo Product Solution and Service
Table 21. Date of Enter into Air Cargo Market
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Air Cargo Market Size by Type (2019-2024) & (US$ Million)
Table 24. Global Air Cargo Revenue Market Share by Type (2019-2024)
Table 25. Global Air Cargo Forecasted Market Size by Type (2025-2030) & (US$ Million)
Table 26. Global Air Cargo Revenue Market Share by Type (2025-2030)
Table 27. Global Air Cargo Market Size by Application (2019-2024) & (US$ Million)
Table 28. Global Air Cargo Revenue Market Share by Application (2019-2024)
Table 29. Global Air Cargo Forecasted Market Size by Application (2025-2030) & (US$ Million)
Table 30. Global Air Cargo Revenue Market Share by Application (2025-2030)
Table 31. North America Air Cargo Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 32. North America Air Cargo Market Size by Country (2019-2024) & (US$ Million)
Table 33. North America Air Cargo Market Size by Country (2025-2030) & (US$ Million)
Table 34. Europe Air Cargo Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 35. Europe Air Cargo Market Size by Country (2019-2024) & (US$ Million)
Table 36. Europe Air Cargo Market Size by Country (2025-2030) & (US$ Million)
Table 37. Asia-Pacific Air Cargo Market Size Growth Rate by Region (US$ Million): 2019 VS 2023 VS 2030
Table 38. Asia-Pacific Air Cargo Market Size by Region (2019-2024) & (US$ Million)
Table 39. Asia-Pacific Air Cargo Market Size by Region (2025-2030) & (US$ Million)
Table 40. Latin America Air Cargo Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 41. Latin America Air Cargo Market Size by Country (2019-2024) & (US$ Million)
Table 42. Latin America Air Cargo Market Size by Country (2025-2030) & (US$ Million)
Table 43. Middle East & Africa Air Cargo Market Size Growth Rate by Country (US$ Million): 2019 VS 2023 VS 2030
Table 44. Middle East & Africa Air Cargo Market Size by Country (2019-2024) & (US$ Million)
Table 45. Middle East & Africa Air Cargo Market Size by Country (2025-2030) & (US$ Million)
Table 46. China Airlines Cargo Company Detail
Table 47. China Airlines Cargo Business Overview
Table 48. China Airlines Cargo Air Cargo Product
Table 49. China Airlines Cargo Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 50. China Airlines Cargo Recent Development
Table 51. FedEx Express Company Detail
Table 52. FedEx Express Business Overview
Table 53. FedEx Express Air Cargo Product
Table 54. FedEx Express Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 55. FedEx Express Recent Development
Table 56. UPS Airlines Company Detail
Table 57. UPS Airlines Business Overview
Table 58. UPS Airlines Air Cargo Product
Table 59. UPS Airlines Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 60. UPS Airlines Recent Development
Table 61. Cathay Pacific Cargo Company Detail
Table 62. Cathay Pacific Cargo Business Overview
Table 63. Cathay Pacific Cargo Air Cargo Product
Table 64. Cathay Pacific Cargo Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 65. Cathay Pacific Cargo Recent Development
Table 66. DHL Aviation Company Detail
Table 67. DHL Aviation Business Overview
Table 68. DHL Aviation Air Cargo Product
Table 69. DHL Aviation Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 70. DHL Aviation Recent Development
Table 71. Korean Air Caro Company Detail
Table 72. Korean Air Caro Business Overview
Table 73. Korean Air Caro Air Cargo Product
Table 74. Korean Air Caro Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 75. Korean Air Caro Recent Development
Table 76. Cargolux Company Detail
Table 77. Cargolux Business Overview
Table 78. Cargolux Air Cargo Product
Table 79. Cargolux Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 80. Cargolux Recent Development
Table 81. Lufthansa Cargo Company Detail
Table 82. Lufthansa Cargo Business Overview
Table 83. Lufthansa Cargo Air Cargo Product
Table 84. Lufthansa Cargo Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 85. Lufthansa Cargo Recent Development
Table 86. Singapore Airlines Cargo Company Detail
Table 87. Singapore Airlines Cargo Business Overview
Table 88. Singapore Airlines Cargo Air Cargo Product
Table 89. Singapore Airlines Cargo Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 90. Singapore Airlines Cargo Recent Development
Table 91. Emirates SkyCargo Company Detail
Table 92. Emirates SkyCargo Business Overview
Table 93. Emirates SkyCargo Air Cargo Product
Table 94. Emirates SkyCargo Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 95. Emirates SkyCargo Recent Development
Table 96. Air Freight and Air Mail Company Detail
Table 97. Air Freight and Air Mail Business Overview
Table 98. Air Freight and Air Mail Air Cargo Product
Table 99. Air Freight and Air Mail Revenue in Air Cargo Business (2019-2024) & (US$ Million)
Table 100. Air Freight and Air Mail Recent Development
Table 101. Research Programs/Design for This Report
Table 102. Key Data Information from Secondary Sources
Table 103. Key Data Information from Primary Sources
 
List of Figures
 
Figure 1. Global Air Cargo Market Size Comparison by Type (2024-2030) & (US$ Million)
Figure 2. Global Air Cargo Market Share by Type: 2023 VS 2030
Figure 3. Air Mail Features
Figure 4. Air Freight Features
Figure 5. Global Air Cargo Market Size Comparison by Application (2024-2030) & (US$ Million)
Figure 6. Global Air Cargo Market Share by Application: 2023 VS 2030
Figure 7. Machinery & Equipment Case Studies
Figure 8. Food and Beverages Case Studies
Figure 9. Pharmaceuticals and Healthcare Case Studies
Figure 10. Consumer Electronics Case Studies
Figure 11. Medical Devices Case Studies
Figure 12. Automotive Case Studies
Figure 13. Other Case Studies
Figure 14. Air Cargo Report Years Considered
Figure 15. Global Air Cargo Market Size (US$ Million), Year-over-Year: 2019-2030
Figure 16. Global Air Cargo Market Size, (US$ Million), 2019 VS 2023 VS 2030
Figure 17. Global Air Cargo Market Share by Region: 2023 VS 2030
Figure 18. Global Air Cargo Market Share by Players in 2023
Figure 19. Global Top Air Cargo Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Air Cargo as of 2023)
Figure 20. The Top 10 and 5 Players Market Share by Air Cargo Revenue in 2023
Figure 21. North America Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 22. North America Air Cargo Market Share by Country (2019-2030)
Figure 23. United States Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 24. Canada Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 25. Europe Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 26. Europe Air Cargo Market Share by Country (2019-2030)
Figure 27. Germany Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 28. France Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 29. U.K. Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 30. Italy Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 31. Russia Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 32. Nordic Countries Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 33. Asia-Pacific Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 34. Asia-Pacific Air Cargo Market Share by Region (2019-2030)
Figure 35. China Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 36. Japan Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 37. South Korea Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 38. Southeast Asia Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 39. India Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 40. Australia Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 41. Latin America Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 42. Latin America Air Cargo Market Share by Country (2019-2030)
Figure 43. Mexico Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 44. Brazil Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 45. Middle East & Africa Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 46. Middle East & Africa Air Cargo Market Share by Country (2019-2030)
Figure 47. Turkey Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 48. Saudi Arabia Air Cargo Market Size YoY Growth (2019-2030) & (US$ Million)
Figure 49. China Airlines Cargo Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 50. FedEx Express Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 51. UPS Airlines Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 52. Cathay Pacific Cargo Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 53. DHL Aviation Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 54. Korean Air Caro Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 55. Cargolux Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 56. Lufthansa Cargo Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 57. Singapore Airlines Cargo Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 58. Emirates SkyCargo Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 59. Air Freight and Air Mail Revenue Growth Rate in Air Cargo Business (2019-2024)
Figure 60. Bottom-up and Top-down Approaches for This Report
Figure 61. Data Triangulation
Figure 62. Key Executives Interviewed
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