Global Air Freight Industry Grew at 1.8% CAGR during 2012-2016, Says MarketLine in Its Topical Research Report Available at MarketPublishers.com31 Oct 2017 • by Natalie Aster
LONDON – In 2016, the global air freight industry generated revenues of over USD 93.647 billion, witnessing steady growth at a modest 1.8% CAGR from 2012 to 2016.
The consumption volume in the worldwide air freight market increased at a 2% CAGR during 2012-2016, and exceeded 184.974 billion FTK in the past year.
The development of the air freight industry is heavily dependent on the global economy and especially on the economy of its major players. At present, the US and China are the key players in the world’s air freight market.
MarketLine’s topical research report “Air Freight Global Industry Guide 2017” gives a comprehensive analysis of the global air freight industry and grants access to top-level quantitative and qualitative information on the historical and presents performance of the industry. Besides, it delves deep into the competitive environment in the air freight market and uncovers valuable data on the most prominent companies engaged in this industry. This publication examines the key market segments, evaluates their shares, identifies the major growth opportunities and challenges, and also points out the promising growth areas. Moreover, the report determines the attractiveness of the air freight market, includes Porter’s Five Forces analysis, outlines future growth prospects of the air freight industry and comprises detailed forecasts for the market development in the short run.
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