Air Freight Market Size, Share, Growth Analysis, By Type(Domestic Air Freight and International Air Freight), By End-User(Airport-To-Airport Service, and Door-To-Door Service), By Region - Industry Forecast 2024-2031

North America is estimated to be the leading market for all air freight companies in the world. The presence of a developed air travel and cargo infrastructure and presence of top e-commerce companies are helping this region maintain its lead in the global air freight market. Moreover, the presence of key aircraft manufacturing companies such as Boeing and Lockheed Martin in the United States cements it as the leading revenue generator for all air freight companies operating in the North American region. Canada is also a lucrative market for air freight providers working in this region. High consumer spending potential and demand for faster deliveries will also promote market growth.  

The Asia Pacific region is estimated to emerge as the fastest-growing market for air freight companies around the world. Rising disposable income, changing consumer preferences, and increasing manufacturing activity are some top factors that are expected to create new opportunities for air freight companies in the future. Booming e-commerce activity and rising demand for same-day deliveries are also expected to promote the demand for air freight in this region. China, Japan, and India are slated to be the most opportune markets in the Asia Pacific region through 2031. Rising air travel activity in this region will also help air freight market development going forward.