Global Air Cargo Market

Air Cargo Market Size, Share, Growth Analysis, By Type (Air Freight, Air Mail), By Service (Express, Regular), By Destination (Domestic, International), By End User, By Region - Industry Forecast 2025-2032


Report ID: SQMIG20R2033 | Region: Global | Published Date: December, 2024
Pages: 202 | Tables: 68 | Figures: 74

Air Cargo Market Regional Insights

North America is the dominating region in the global air cargo market, each playing a different role in the growth of the industry. North America, especially the U.S., is the largest and mature market. It is a hub for both domestic and international air freight, driven by strong e-commerce demand and complex logistics policies for Air majors such as FedEx, UPS and DHL have a large operation. North America benefiting from a well-established supply chain, in terms of a combination of logistics and advanced technologies.  

On the other hand, Asia Pacific is growing rapidly and emerging as the fastest growing region in the air cargo market. China, Japan, South Korea, and Southeast Asian countries are mainly contributing to the market. The region’s role its position as a global manufacturing powerhouse, with significant exports, especially electronics, auto parts, clothing and perishables. The rise of e-commerce giants such as Alibaba and the increasing preference for fast delivery options are further accelerating demand for air freight services. Additionally, major airports like Hong Kong International Airport, Incheon International Airport, and Shanghai Pudong International Airport serve as key air cargo hubs, facilitating massive cargo traffic between Asia Pacific.

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Air Cargo Market size was valued at USD 138.69 Billion in 2023 and is poised to grow from USD 146.73 Billion in 2024 to USD 230.37 Billion by 2032, growing at a CAGR of 5.80% during the forecast period (2025-2032).

The air cargo market is characterized by fierce competition, with many global and regional players competing for market share. Factors such as service quality, speed of delivery, global network reach, capacity, and innovative solutions that increase operational efficiency determine the competitive landscape. Major players such as FedEx Express, DHL Aviation and UPS Airlines are dominating the global air cargo market, leveraging their extensive networks, advanced logistics capabilities and fleet capabilities. 'FedEx Express ', 'UPS Airlines ', 'Qatar Airways Cargo ', 'Emirates SkyCargo ', 'DHL Aviation ', 'Korean Air Cargo ', 'Cathay Pacific Cargo ', 'Singapore Airlines Cargo ', 'China Airlines Cargo ', 'Cargolux Airlines International ', 'Turkish Cargo ', 'Ethiopian Airlines Cargo ', 'Lufthansa Cargo ', 'Japan Airlines Cargo ', 'ANA Cargo ', 'Atlas Air Worldwide ', 'Polar Air Cargo ', 'Kuehne + Nagel International (Airfreight Division) ', 'Chapman Freeborn Airchartering ', 'dnata Cargo Services'

One of the major drivers of the air cargo market is the rapid growth of e-commerce. With online shopping becoming a strong trend across the globe. The demand for fast and efficient delivery solutions, especially for expensive and perishable goods, is increasing. Air freight delivers time faster compared to other modes of transportation and aims to meet customer expectations on- time delivery. It is becoming a preferred product of commercial companies and as a result, aircraft integration of logistics services into the global supply chain has become a key driver for the continued expansion of the e-commerce industry. 

Technological Integration and Digitalization: One of the most prominent trends within the air cargo marketplace is the mixing of digital technologies to enhance the performance and transparency. These advancements help lessen errors, streamline operations, and enhance consumer pleasure by using imparting actual-time monitoring statistics.

North America is the dominating region in the global air cargo market, each playing a different role in the growth of the industry. North America, especially the U.S., is the largest and mature market. It is a hub for both domestic and international air freight, driven by strong e-commerce demand and complex logistics policies for Air majors such as FedEx, UPS and DHL have a large operation. North America benefiting from a well-established supply chain, in terms of a combination of logistics and advanced technologies.  

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Global Air Cargo Market

Report ID: SQMIG20R2033

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