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

Air Freight Market Drivers

Boom in e-Commerce Activity 

• Changing consumer preferences and growing disposable income of people have led an e-commerce boom around the world. As people shop more from these e-commerce platforms, they expect faster deliveries through offerings such as next-day delivery or same-day delivery. Use of air freight for fulfillment of such orders in e-commerce will drive market growth.  

Technological Advancements in Air Freight Industry 

• Air freight companies are focusing on utilizing advanced technologies to enhance their business operations and stand out from the competition. Use of artificial intelligence, real-time tracking, and automation is making air freight more affordable and efficient thereby also creating new business scope for air freight companies going forward.   

Restraints 

Environmental Concerns Regarding Emissions 

• Use of traditional aircraft for air freight transportation leads to carbon emissions and in an increasingly sustainable world this becomes a major issue. Imposition of stringent emission mandates and growing demand for sustainable delivery services are expected to hamper the usage of air freight and slow down market growth potential as well.  

Issues of Airport Congestion 

• Aircraft for air freight usage are often huge and have a massive footprint, which could result in congestion in already crowded airports. Growing number of air travelers could face major inconveniences and delays in their travel due to this increased congestion thereby slowing down the use of air freight in the future.