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Global Air Freight Market Size, Share, Growth, Forecast: By Destination: Domestic, International; By Service: Freight, Express, Mail, Others; By End Use: Private, Commercial, Institutional; Regional Analysis; Market Dynamics: SWOT Analysis; Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032
Air Freight Market Trends
Air freight providers are diversifying their service offerings to meet the diverse needs of customers across various industries. For instance, DHL offers specialised logistics solutions for the pharmaceutical sector, ensuring the safe and timely delivery of temperature-sensitive medical products.
The air freight market outlook is also being shaped due to supply chain diversification by various companies to mitigate risks and the emergence of countries like Mexico and India as manufacturing hubs, which, in turn, is boosting air traffic and shaping air cargo as a significant mode of transport.
Moreover, as airlines are increasingly extending their services to end-to-end services, various companies are utilising air freight as an omnichannel, which is likely to provide impetus to the market growth. Additionally, the modernisation of air freight and the deployment of latest technologies like artificial intelligence (AI), machine learning, and advanced analytics, to automate several operations of air freight are likely to further augment the air freight market value in the coming years.
Air Freight Market Report Snapshots
Air Freight Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Air Freight Market Analysis
8.1 Key Industry Highlights
8.2 Global Air Freight Historical Market (2018-2023)
8.3 Global Air Freight Market Forecast (2024-2032)
8.4 Global Air Freight Market by Destination
8.4.1 Domestic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 International
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Air Freight Market by Service
8.5.1 Freight
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Express
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Mail
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Air Freight Market by End Use
8.6.1 Private
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Commercial
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Institutional
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.7 Global Air Freight Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.1.3 Breakup by Destination
8.7.1.4 Breakup by Service
8.7.1.5 Breakup by End Use
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.2.3 Breakup by Destination
8.7.2.4 Breakup by Service
8.7.2.5 Breakup by End Use
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.3.3 Breakup by Destination
8.7.3.4 Breakup by Service
8.7.3.5 Breakup by End Use
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.4.3 Breakup by Destination
8.7.4.4 Breakup by Service
8.7.4.5 Breakup by End Use
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.5.3 Breakup by Destination
8.7.5.4 Breakup by Service
8.7.5.5 Breakup by End Use
9 North America Air Freight Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Air Freight Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Air Freight Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Air Freight Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Air Freight Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Deutsche Post AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 United Parcel Service of America, Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 FedEx Corp.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 The Emirates Group
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cargolux International Airlines S.A.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Schenker AG
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 DSV A/S
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Nippon Express Co., Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Kuehne+Nagel International AG
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Hellmann Worldwide Logistics SE & Co. KG
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Air Freight Market: Key Industry Highlights, 2018 and 2032
2. Global Air Freight Historical Market: Breakup by Destination (Million Metric Tons), 2018-2023
3. Global Air Freight Market Forecast: Breakup by Destination (Million Metric Tons), 2024-2032
4. Global Air Freight Historical Market: Breakup by Service (Million Metric Tons), 2018-2023
5. Global Air Freight Market Forecast: Breakup by Service (Million Metric Tons), 2024-2032
6. Global Air Freight Historical Market: Breakup by End Use (Million Metric Tons), 2018-2023
7. Global Air Freight Market Forecast: Breakup by End Use (Million Metric Tons), 2024-2032
8. Global Air Freight Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
9. Global Air Freight Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
10. North America Air Freight Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
11. North America Air Freight Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
12. Europe Air Freight Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
13. Europe Air Freight Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
14. Asia Pacific Air Freight Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
15. Asia Pacific Air Freight Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
16. Latin America Air Freight Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
17. Latin America Air Freight Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
18. Middle East and Africa Air Freight Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
19. Middle East and Africa Air Freight Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
20. Global Air Freight Market Structure
Key Questions Answered in the Report
In 2023, the global air freight market attained a volume of nearly 97.92 million metric tons.
The market is projected to grow at a CAGR of 12% between 2024 and 2032.
The market is being driven by the increased demand for high-technology products, rising consumer disposable income, robust growth in its automobiles industry, rise in construction activities, and rising investments.
Key trends aiding the market expansion include the high demand for pharmaceuticals and medical equipment and the growing need for oil and mining equipment.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on destination, the market is divided into domestic and international.
The leading end-use sectors in the industry are pharmaceutical, personal care, chemicals, automobile, and fashion, among others.
Key players in the market are Deutsche Post AG, DSV A/S, Kuehne + Nagel International AG, FedEx Corporation, Schenker AG, United Parcel Service of America, Inc., The Emirates Group, Cargolux International Airlines S.A., Nippon Express Co., Ltd., and Hellmann Worldwide Logistics SE & Co. KG, among others.
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