North America Air Freight Market Summary, Competitive Analysis and Forecast to 2027
North America Air Freight Market @Summary, Competitive Analysis and Forecast to 2027
SUMMARY
Air Freight in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Air Freight in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The air freight sector is defined as consisting of revenues generated from freight transportation by air.
- The North American air freight sector had total revenues of $18.7 billion in 2022, representing a compound annual growth rate (CAGR) of 0% between 2017 and 2022.
- Sector consumption volumes declined with a negative CAGR of 1.6% between 2017 and 2022, reaching a total of 41.8 billion FTK in 2022.
- The North American air freight sector has declined recently owing to several factors such as increasing interest rates and rising inflation. High-interest rates reduce access to credit for the companies involved, thereby reducing the volume of investment which negatively impacts air freight. For instance, according to the OECD, the long-term interest rates in the US grew from 2.4% in December 2017 to 3.6% in December 2022.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air freight market in North America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in North America
- Leading company profiles reveal details of key air freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the North America air freight market with five year forecasts
- What was the size of the North America air freight market by value in 2022?
- What will be the size of the North America air freight market in 2027?
- What factors are affecting the strength of competition in the North America air freight market?
- How has the market performed over the last five years?
- What are the main segments that make up North America's air freight market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What is the rationale behind recent partnerships?
8 COMPANY PROFILES
8.1. Expeditors International of Washington, Inc.
8.2. FedEx Corp
8.3. Cargojet Inc
8.4. United Parcel Service, Inc.
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Market rivalry
1.5. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What is the rationale behind recent partnerships?
8 COMPANY PROFILES
8.1. Expeditors International of Washington, Inc.
8.2. FedEx Corp
8.3. Cargojet Inc
8.4. United Parcel Service, Inc.
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: North America air freight sector value: $ billion, 2017–22
Table 2: North America air freight sector geography segmentation: $ billion, 2022
Table 3: North America air freight sector value forecast: $ billion, 2022–27
Table 4: Expeditors International of Washington, Inc.: key facts
Table 5: Expeditors International of Washington, Inc.: Annual Financial Ratios
Table 6: Expeditors International of Washington, Inc.: Key Employees
Table 7: Expeditors International of Washington, Inc.: Key Employees Continued
Table 8: FedEx Corp: key facts
Table 9: FedEx Corp: Annual Financial Ratios
Table 10: FedEx Corp: Key Employees
Table 11: FedEx Corp: Key Employees Continued
Table 12: Cargojet Inc: key facts
Table 13: Cargojet Inc: Annual Financial Ratios
Table 14: Cargojet Inc: Key Employees
Table 15: United Parcel Service, Inc.: key facts
Table 16: United Parcel Service, Inc.: Annual Financial Ratios
Table 17: United Parcel Service, Inc.: Key Employees
Table 18: United Parcel Service, Inc.: Key Employees Continued
Table 19: North America exchange rate, 2018–22
Table 1: North America air freight sector value: $ billion, 2017–22
Table 2: North America air freight sector geography segmentation: $ billion, 2022
Table 3: North America air freight sector value forecast: $ billion, 2022–27
Table 4: Expeditors International of Washington, Inc.: key facts
Table 5: Expeditors International of Washington, Inc.: Annual Financial Ratios
Table 6: Expeditors International of Washington, Inc.: Key Employees
Table 7: Expeditors International of Washington, Inc.: Key Employees Continued
Table 8: FedEx Corp: key facts
Table 9: FedEx Corp: Annual Financial Ratios
Table 10: FedEx Corp: Key Employees
Table 11: FedEx Corp: Key Employees Continued
Table 12: Cargojet Inc: key facts
Table 13: Cargojet Inc: Annual Financial Ratios
Table 14: Cargojet Inc: Key Employees
Table 15: United Parcel Service, Inc.: key facts
Table 16: United Parcel Service, Inc.: Annual Financial Ratios
Table 17: United Parcel Service, Inc.: Key Employees
Table 18: United Parcel Service, Inc.: Key Employees Continued
Table 19: North America exchange rate, 2018–22
LIST OF FIGURES
Figure 1: North America air freight sector value: $ billion, 2017–22
Figure 2: North America air freight sector geography segmentation: % share, by value, 2022
Figure 3: North America air freight sector value forecast: $ billion, 2022–27
Figure 4: Forces driving competition in the air freight sector in North America, 2022
Figure 5: Drivers of buyer power in the air freight sector in North America, 2022
Figure 6: Drivers of supplier power in the air freight sector in North America, 2022
Figure 7: Factors influencing the likelihood of new entrants in the air freight sector in North America, 2022
Figure 8: Factors influencing the threat of substitutes in the air freight sector in North America, 2022
Figure 9: Drivers of degree of rivalry in the air freight sector in North America, 2022
Figure 1: North America air freight sector value: $ billion, 2017–22
Figure 2: North America air freight sector geography segmentation: % share, by value, 2022
Figure 3: North America air freight sector value forecast: $ billion, 2022–27
Figure 4: Forces driving competition in the air freight sector in North America, 2022
Figure 5: Drivers of buyer power in the air freight sector in North America, 2022
Figure 6: Drivers of supplier power in the air freight sector in North America, 2022
Figure 7: Factors influencing the likelihood of new entrants in the air freight sector in North America, 2022
Figure 8: Factors influencing the threat of substitutes in the air freight sector in North America, 2022
Figure 9: Drivers of degree of rivalry in the air freight sector in North America, 2022
