Airport Ground And Cargo Handling Services Market Size, Share, Growth Analysis, By Services(Passenger Handling, Baggage handling, Cargo, Mail Handling), By Airport Type(Domestic, International), By Infrastructure Type(Greenfield Airport, Brownfield Airport), By Region - Industry Forecast 2024-2031

Airport Ground And Cargo Handling Services Market size was valued at USD 32.21 billion in 2019 and is poised to grow from USD 34.52 billion in 2023 to USD 68.67 billion by 2031, growing at a CAGR of 10.32% in the forecast period (2024-2031).

Airport ground and cargo handling services involve looking after the aircraft while it is at the terminal. Among the services are catering, baggage handling, ramp handling, and passenger handling. The International Air Transport Association (IATA) estimates that 8.2 billion people will travel by air in 2019. As a result , the demand for these services is expected to be driven by the increasing global air traffic as well as the construction of new airports in developing nations, over the forecast period.

In order to improve customer experience and upgrade its infrastructure, airports are always being upgraded. In order to shorten the time an aircraft spends on the ground and increase its productivity between arrival and departure, an aircraft ground handling system is involved in a variety of operational functions. In order to reduce turnaround time, speed, efficiency, and precision are crucial in ground handling services. The airport ground handling market is driven by factors including avoiding airplane delays, bag safety & security, and decreased ground time to maintain operational efficiency. Airport operations are greatly impacted by heavy snowfall in some places, such as North America and Europe, and regularly changing weather conditions. The majority of ground handlers employ biogas snow machines and other renewable energy methods to clear snow from airports. These devices help ground handlers cut their reliance on fuel and lower their carbon emissions. These changes are anticipated to boost the expansion of the airport ground handling business.

US Airport Ground And Cargo Handling Services Market is poised to grow at a sustainable CAGR for the next forecast year.