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Global Air Cargo Service Market Size study & Forecast, by Type (Air Mail, Air Freight) by Service (Express, Regular), by End User (Retail, Pharmaceuticals & Healthcare, Food & Beverage, Consumer Electronics, Automotive and other) and Regional Analysis, 2023-2030

July 2023 | 200 pages | ID: G1C0A25726AAEN
Bizwit Research & Consulting LLP

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Global Air Cargo Service Market is valued approximately USD 123.9 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 5.90% over the forecast period 2023-2030. Air Cargo Service refers to the industry sector that provides the transportation and logistics facility for good and packages through air transportation. It encompasses the various activities involved in shipping cargo via aircraft, including the handling, storage and delivery of goods by air. Moreover, the growth of e-commerce and rapid infrastructural development emerge as to be the growth drivers of Global Air Cargo Service Market.

According to Statista in 2022, It was expected that the Chinese e-commerce market will generate approximately USD 1.5 trillion in revenue. The United States , which ranks second globally, is expected to contribute over half of China’s revenue, amounting to around USD 875 billion. Japan follows closely behind with an approximate revenue of USD 241 billion. According to the India Brand Equity Foundation (IBEF) in 2022, the projected growth of India’s logistic market is significant, with an expected value of USD 410.75 billion and is expected to grow USD 556.97 billion by 2027, reflecting a compound annual growth rate of 6.28%. India has set ambitious goal of for its logistics sector, aiming to improve its ranking in the logistic performance index to 25 and reduce the logistic cost from 14% to 8% of GDP. This reduction, amounting to approximately 40%, is targeted to be achieved within the next five years. These emerging factors may significantly lead the growth of Global Air Cargo Services Market. However, high operational cost and environmental Concern may hamper the growth of the market. Moreover, expansion in cross border trade and expansion of sustainable operations are expected to elevate the growth of the Global Air Cargo Services Market.

The key regions considered for the Global Air Cargo Service Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific region has the market dominance owing to the factors such as large population possess in this region, emerging. e-commerce market and so on. Similarly, Asia Pacific is also the fastest growing region owing to the fact that the companies are expanding their operation due to low cost of labor and availability of other resources to implement the connectivity with the rest of the world.

Major market player included in this report are:
ANA Holdings Inc.
Cargolux Airlines International SA
Cathay Pacific Airways Limited
DHL Air Cargo
Federal Express Corp.
United Parcel Services Inc.
Cargojet Inc.
AirBridge Cargo Airlines LLC
Emirates SkyCargo
Lufthansa Cargo AG

Recent Developments in the Market:
In December 2022, Airport Authority of India (AAI) and other airport developers aims to invest around USD 11.8 billion in the airport sector. The investment was directed towards expanding and modifying existing terminals, constructing new terminals and enhancing runway infrastructure, among other related initiatives in the coming five years.

In May 2023, in collaboration with RwandAir, Qatar Airways cargo has inaugurated its first hub, marking a significant milestone for the company. Operating twice a week, the Boeing 777 aircraft will transport cargo from Doha to Kigali. Qatar Airways cargo has also introduced intra-Africa services between Kigali and Lagos, with three flights per week, as well as a weekly service from Istanbul to Kigali via Doha, utilizing an Airbus A310 aircraft.
Global Air Cargo Service Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered -Type, Service, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Air Mail
Air freight

By Service:
Express
Regular

By end User:
Retail
Pharmaceuticals & Healthcare
Food & Beverage
Consumer Electronics
Automotive
Other
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Air Cargo Service Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Air Cargo Service Market, by Type, 2020-2030 (USD Billion)
  1.2.3. Air Cargo Service Market, by Service, 2020-2030 (USD Billion)
  1.2.4. Air Cargo Service Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL AIR CARGO SERVICE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL AIR CARGO SERVICE MARKET DYNAMICS

3.1. Air Cargo Service Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Growth of E-Commerce
    3.1.1.2. Rapid Infrastructural Development
  3.1.2. Market Challenges
    3.1.2.1. High Operational Cost
    3.1.2.2. Environmental Concern
  3.1.3. Market Opportunities
    3.1.3.1. Expansion in Cross Border Trade
    3.1.3.2. Expansion of Sustainable Operation

CHAPTER 4. GLOBAL AIR CARGO SERVICE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL AIR CARGO SERVICE MARKET, BY TYPE

5.1. Market Snapshot
5.2. Global Air Cargo Service Market by Type, Performance - Potential Analysis
5.3. Global Air Cargo Service Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Air Cargo Service Market, Sub Segment Analysis
  5.4.1. Air Mail
  5.4.2. Air Freight

CHAPTER 6. GLOBAL AIR CARGO SERVICE MARKET, BY SERVICE

6.1. Market Snapshot
6.2. Global Air Cargo Service Market by Service, Performance - Potential Analysis
6.3. Global Air Cargo Service Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
6.4. Air Cargo Service Market, Sub Segment Analysis
  6.4.1. Express
  6.4.2. Regular

CHAPTER 7. GLOBAL AIR CARGO SERVICE MARKET, BY END USER

7.1. Market Snapshot
7.2. Global Air Cargo Service Market by End User, Performance - Potential Analysis
7.3. Global Air Cargo Service Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Air Cargo Service Market, Sub Segment Analysis
  7.4.1. Retail
  7.4.2. Pharmaceuticals & Healthcare
  7.4.3. Food & Beverage
  7.4.4. Consumer Electronics
  7.4.5. Automotive
  7.4.6. Other

CHAPTER 8. GLOBAL AIR CARGO SERVICE MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Air Cargo Service Market, Regional Market Snapshot
8.4. North America Air Cargo Service Market
  8.4.1. U.S. Air Cargo Service Market
    8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Service breakdown estimates & forecasts, 2020-2030
    8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Air Cargo Service Market
8.5. Europe Air Cargo Service Market Snapshot
  8.5.1. U.K. Air Cargo Service Market
  8.5.2. Germany Air Cargo Service Market
  8.5.3. France Air Cargo Service Market
  8.5.4. Spain Air Cargo Service Market
  8.5.5. Italy Air Cargo Service Market
  8.5.6. Rest of Europe Air Cargo Service Market
8.6. Asia-Pacific Air Cargo Service Market Snapshot
  8.6.1. China Air Cargo Service Market
  8.6.2. India Air Cargo Service Market
  8.6.3. Japan Air Cargo Service Market
  8.6.4. Australia Air Cargo Service Market
  8.6.5. South Korea Air Cargo Service Market
  8.6.6. Rest of Asia Pacific Air Cargo Service Market
8.7. Latin America Air Cargo Service Market Snapshot
  8.7.1. Brazil Air Cargo Service Market
  8.7.2. Mexico Air Cargo Service Market
8.8. Middle East & Africa Air Cargo Service Market
  8.8.1. Saudi Arabia Air Cargo Service Market
  8.8.2. South Africa Air Cargo Service Market
  8.8.3. Rest of Middle East & Africa Air Cargo Service Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. ANA Holdings Inc.
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Cargolux Airlines International SA
  9.3.3. Cathay Pacific Airways Limited
  9.3.4. DHL Air Cargo
  9.3.5. Federal Express Corp.
  9.3.6. United Parcel Services Inc.
  9.3.7. Cargojet Inc.
  9.3.8. AirBridge Cargo Airlines LLC
  9.3.9. Emirates SkyCargo
  9.3.10. Lufthansa Cargo AG

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Air Cargo Service Market, report scope
TABLE 2. Global Air Cargo Service Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Air Cargo Service Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Air Cargo Service Market estimates & forecasts by Service 2020-2030 (USD Billion)
TABLE 5. Global Air Cargo Service Market estimates & forecasts by End User 2020-2030 (USD Billion)
TABLE 6. Global Air Cargo Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Air Cargo Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Air Cargo Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Air Cargo Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Air Cargo Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Air Cargo Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Air Cargo Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Air Cargo Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Air Cargo Service Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Air Cargo Service Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Air Cargo Service Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Air Cargo Service Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Air Cargo Service Market
TABLE 71. List of primary sources, used in the study of global Air Cargo Service Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Air Cargo Service Market, research methodology
FIG 2. Global Air Cargo Service Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Air Cargo Service Market, key trends 2022
FIG 5. Global Air Cargo Service Market, growth prospects 2023-2030
FIG 6. Global Air Cargo Service Market, porters 5 force model
FIG 7. Global Air Cargo Service Market, pest analysis
FIG 8. Global Air Cargo Service Market, value chain analysis
FIG 9. Global Air Cargo Service Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Air Cargo Service Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Air Cargo Service Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Air Cargo Service Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Air Cargo Service Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Air Cargo Service Market, regional snapshot 2020 & 2030
FIG 15. North America Air Cargo Service Market 2020 & 2030 (USD Billion)
FIG 16. Europe Air Cargo Service Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Air Cargo Service Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Air Cargo Service Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Air Cargo Service Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable


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