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 Dynamics

Air Cargo Market Drivers

Growing E-commerce Industry 

  • 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. 

Increasing Global Trade and Industrialization 

  • Another important driver is the growth of global trade, driven by technology and increased globalization. Air cargo plays an important role in facilitating international trade by allowing goods to be transported over short distances. As manufacturing and engineering activities increase, especially in emerging markets, the need for fast and reliable delivery of raw materials and finished products continues to grow.  

Air Cargo Market Restraints 

Increased Operating Costs 

  • One of the major challenges in the air cargo market is the high operating costs associated with aircraft parts. The cost of fuel, aircraft maintenance, handling and airport fees contribute to the overall cost of air freight, making it less competitive compared to other modes of transport for marine or rail freight. The growth of the market is limited. 

Strict Regulatory Environmental Policy 

  • Another important mandate is stricter air cargo regulations, especially with regard to environmental concerns. Governments and regulatory agencies have established stringent emissions and noise pollution regulations, which aircraft manufacturers must comply. This has increased the pressure on industry to adopt green technologies and improve fuel efficiency. Furthermore, customs trade laws in different countries add complexity to the international air cargo business, further increasing operational complexity and costs.
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FAQs

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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