NEW YORK , Dec. 7, 2022 /PRNewswire/ — The air freight market size is estimated to grow by USD 58.45 billion from 2021 to 2026 at a CAGR of 4.16% according to Technavio. The rapidly growing aviation infrastructure is notably driving the air freight services market growth. However, factors such as the ongoing global trade war may impede market growth.
Technavio has announced its latest market research report titled Global Air Freight Services Market 2022-2026
Read the 139-page report with TOC on “Air freight services market analysis report by end-user (manufacturing, retail, and others) and geography (APAC, North America, Europe, Middle East and Africa, and South America), and the Segment Forecasts, 2022-2026”. https://www.technavio.com/report/report/air-freight-services-market-industry-analysis
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Air Freight Services Market: Major Trend
The growing adoption of blockchain is a key trend in the air freight services market growth.
Blockchain technology has revolutionized air freight services. The use of blockchain enables efficient and cost-saving business operations for air freight service providers. It also helps streamline freight transactions by improving the visibility and security of data.
New technologies in blockchain are also expected to fuel the growth of the air freight services market in forecasting and predicting volumes. With the use of smart contracts in blockchain, approvals and customs clearance processes will become faster and more efficient, which will reduce processing times for goods at customs checkpoints.
Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!
Air Freight Services Market: Key Vendors
Agility Public Warehousing Co K.S.C.P
Air France KLM SA
AirBridgeCargo Airlines Ltd
AIT Worldwide Logistics Inc.
Amazon.com Inc.
American Global Logistics LLC
AP Moller Maersk AS
Bollore SE
Burris Logistics
C.H. Robinson Worldwide Inc.
Cargolux Airlines International SA
Crane Worldwide Logistics
DACHSER SE
Deutsche Bahn AG
Dimerco Express Corp
DSV Panalpina AS
Expeditors International of Washington Inc.
FedEx Corp.
Graf Air Freight Inc
Hellmann Worldwide Logistics SE and Co KG
John Swire and Sons Ltd.
Kintetsu World Express Inc.
PSA International
Logwin A
Air Freight Services Market: Segmentation Analysis
End-user Outlook (Revenue, USD bn, 2021-2026)
Manufacturing – size and forecast 2021-2026
Retail – size, and forecast 2021-2026
Others – size and forecast 2021-2026
Geography Outlook (Revenue, USD bn, 2021-2026)
APAC – size and forecast 2021-2026
North America – size and forecast 2021-2026
Europe – size and forecast 2021-2026
Middle East and Africa – size and forecast 2021-2026
South America – size and forecast 2021-2026
For more insights on the segments, request a sample now!
What are the key data covered in the air freight services market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the air freight services market between 2023 and 2027
Precise estimation of the size of the air freight services market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the air freight services market across APAC, North America, Europe, the Middle East, and Africa, and South America
A thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of the air freight services market
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Related Reports:
Airfreight Forwarding Market by End-user and Geography – Forecast and Analysis 2022-2026: The airfreight forwarding market size is expected to increase by 7,107.92 thousand tons from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.48%. Furthermore, this report extensively covers market segmentation by application (manufacturing industry, retail industry, and other industries) and geography (APAC, North America, Europe, the Middle East, Africa, and South America).
Air Cargo Market by End-user, Type, and Geography – Forecast and Analysis 2023-2027: The air cargo market is estimated to grow at a CAGR of 5.32% between 2022 and 2027. The size of the market is forecast to increase by 19.52 million tons. This report extensively covers market segmentation by end-user (manufacturing, FMCG and retail, pharmaceuticals and chemicals, and other industries), type (belly cargo, freighter), and geography (APAC, North America, Europe, Middle East, and Africa, and South America).
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Air Freight Services Market Scope |
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Report Coverage |
Details |
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Page number |
139 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.16% |
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Market growth 2022-2026 |
USD 58.45 billion |
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Market structure |
Fragmented |
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YoY growth 2021-2022 (%) |
2.15 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 43% |
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Key countries |
US, United Arab Emirates, China, Japan, Germany, and UK |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Agility Public Warehousing Co K.S.C.P, Air France KLM SA, AirBridgeCargo Airlines Ltd, AIT Worldwide Logistics Inc., Amazon.com Inc., American Global Logistics LLC, AP Moller Maersk AS, Bollore SE, Burris Logistics, C.H. Robinson Worldwide Inc., Cargolux Airlines International SA, Crane Worldwide Logistics, DACHSER SE, Deutsche Bahn AG, Dimerco Express Corp, DSV Panalpina AS, Expeditors International of Washington Inc., FedEx Corp., Graf Air Freight Inc, Hellmann Worldwide Logistics SE and Co KG, John Swire and Sons Ltd., Kintetsu World Express Inc., PSA International, and Logwin AG |
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Market dynamics |
Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period. |
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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. |
Table of Contents
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 Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by End-user
5.1 Market segments
Exhibit 24: Chart on End-user – Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user – Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user
5.3 Manufacturing – Market size and forecast 2021-2026
Exhibit 28: Chart on Manufacturing – Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on Manufacturing – Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on Manufacturing – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Manufacturing – Year-over-year growth 2021-2026 (%)
5.4 Retail – Market size and forecast 2021-2026
Exhibit 32: Chart on Retail – Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on Retail – Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on Retail – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Retail – Year-over-year growth 2021-2026 (%)
5.5 Others – Market size and forecast 2021-2026
Exhibit 36: Chart on Others – Market size and forecast 2021-2026 ($ billion)
Exhibit 37: Data Table on Others – Market size and forecast 2021-2026 ($ billion)
Exhibit 38: Chart on Others – Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Others – Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by End-user
Exhibit 40: Market opportunity by End-user ($ billion)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 42: Chart on Market share by geography 2021-2026 (%)
Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 44: Chart on Geographic comparison
Exhibit 45: Data Table on Geographic comparison
7.3 APAC – Market size and forecast 2021-2026
Exhibit 46: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.4 North America – Market size and forecast 2021-2026
Exhibit 50: Chart on North America – Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on North America – Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.5 Europe – Market size and forecast 2021-2026
Exhibit 54: Chart on Europe – Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on Europe – Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.7 South America – Market size and forecast 2021-2026
Exhibit 62: Chart on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.8 US – Market size and forecast 2021-2026
Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
7.9 China – Market size and forecast 2021-2026
Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)
7.10 Japan – Market size and forecast 2021-2026
Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)
7.11 Germany – Market size and forecast 2021-2026
Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.12 United Arab Emirates – Market size and forecast 2021-2026
Exhibit 82: Chart on United Arab Emirates – Market size and forecast 2021-2026 ($ billion)
Exhibit 83: Data Table on United Arab Emirates – Market size and forecast 2021-2026 ($ billion)
Exhibit 84: Chart on United Arab Emirates – Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on United Arab Emirates – Year-over-year growth 2021-2026 (%)
7.13 UK – Market size and forecast 2021-2026
Exhibit 86: Chart on UK – Market size and forecast 2021-2026 ($ billion)
Exhibit 87: Data Table on UK – Market size and forecast 2021-2026 ($ billion)
Exhibit 88: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.14 Market opportunity by geography
Exhibit 90: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 91: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 93: Overview on factors of disruption
9.4 Industry risks
Exhibit 94: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 95: Vendors covered
10.2 Market positioning of vendors
Exhibit 96: Matrix on vendor position and classification
10.3 Agility Public Warehousing Co K.S.C.P
Exhibit 97: Agility Public Warehousing Co K.S.C.P – Overview
Exhibit 98: Agility Public Warehousing Co K.S.C.P – Business segments
Exhibit 99: Agility Public Warehousing Co K.S.C.P – Key news
Exhibit 100: Agility Public Warehousing Co K.S.C.P – Key offerings
Exhibit 101: Agility Public Warehousing Co K.S.C.P – Segment focus
10.4 Air France KLM SA
Exhibit 102: Air France KLM SA – Overview
Exhibit 103: Air France KLM SA – Business segments
Exhibit 104: Air France KLM SA – Key news
Exhibit 105: Air France KLM SA – Key offerings
Exhibit 106: Air France KLM SA – Segment focus
10.5 AirBridgeCargo Airlines Ltd
Exhibit 107: AirBridgeCargo Airlines Ltd – Overview
Exhibit 108: AirBridgeCargo Airlines Ltd – Product / Service
Exhibit 109: AirBridgeCargo Airlines Ltd – Key offerings
10.6 AIT Worldwide Logistics Inc.
Exhibit 110: AIT Worldwide Logistics Inc. – Overview
Exhibit 111: AIT Worldwide Logistics Inc. – Product / Service
Exhibit 112: AIT Worldwide Logistics Inc. – Key offerings
10.7 Amazon.com Inc.
Exhibit 113: Amazon.com Inc. – Overview
Exhibit 114: Amazon.com Inc. – Business segments
Exhibit 115: Amazon.com Inc. – Key news
Exhibit 116: Amazon.com Inc. – Key offerings
Exhibit 117: Amazon.com Inc. – Segment focus
10.8 American Global Logistics LLC
Exhibit 118: American Global Logistics LLC – Overview
Exhibit 119: American Global Logistics LLC – Product / Service
Exhibit 120: American Global Logistics LLC – Key offerings
10.9 Bollore SE
Exhibit 121: Bollore SE – Overview
Exhibit 122: Bollore SE – Business segments
Exhibit 123: Bollore SE – Key offerings
Exhibit 124: Bollore SE – Segment focus
10.10 Burris Logistics
Exhibit 125: Burris Logistics – Overview
Exhibit 126: Burris Logistics – Product / Service
Exhibit 127: Burris Logistics – Key offerings
10.11 C.H. Robinson Worldwide Inc.
Exhibit 128: C.H. Robinson Worldwide Inc. – Overview
Exhibit 129: C.H. Robinson Worldwide Inc. – Business segments
Exhibit 130: C.H. Robinson Worldwide Inc. – Key news
Exhibit 131: C.H. Robinson Worldwide Inc. – Key offerings
Exhibit 132: C.H. Robinson Worldwide Inc. – Segment focus
10.12 PSA International
Exhibit 133: PSA International – Overview
Exhibit 134: PSA International – Product / Service
Exhibit 135: PSA International – Key offerings
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 136: Inclusions checklist
Exhibit 137: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 138: Currency conversion rates for US$
11.4 Research methodology
Exhibit 139: Research methodology
Exhibit 140: Validation techniques employed for market sizing
Exhibit 141: Information sources
11.5 List of abbreviations
Exhibit 142: List of abbreviations
About Technavio
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SOURCE Technavio