Air Cargo Market 2027 Receives a Rapid Boost in Economy due to High Emerging Demands

1. Air Cargo Market Air Cargo Market to 2027 - Global Analysis and Forecasts by Type (Air Mail and Air Freight); Service (Express and Regular); and End User (Retail, Pharmaceutical & Healthcare, Food & Beverages, Consumer Electronics, and Automotive) E-Mail : sales@theinsightpartners.com

2. Air Cargo Market The global air cargo market valued at US$ 102.00 Bn in 2018 and is expected to grow at a CAGR of 4.1% during the forecast period 2019 – 2027, to account to US$ 145.20 Bn by 2027. In 2018, Asia-Pacific dominated the global air cargo market with more than one-third of the market share surpassing Europe, with China and Japan being the leading countries in this region. This growth in demand for air cargo in this region is attributed to robust economic growth along with growing retail enactment owing to the rising disposable income. Moreover, foreign manufacturers select Asian countries as their production locations due to the availability of cheap labor. The services provided by air cargo firms to e-commerce business are data management, real-time tracking, safe transportation, reduced time, and others. There are numerous benefits related to e-commerce and it can get fulfilled if the company deliver to its customer on time. The air cargo plays a key role in the e-commerce ecosystem. With the increasing number of online customers and increasing cross border sales, the demand for air cargo is expected to surge during the forecast period. E-Mail : sales@theinsightpartners.com

3. Air Cargo Market Many air cargo carriers are capitalizing on the sturdy growth in Asia Pacific, particularly Southeast Asian countries including Vietnam, Cambodia, and Indonesia. These countries are witnessing high growth due to a considerable relocation of manufacturing from China to these countries. Moreover, governments of economies in the Asia Pacific region are investing in building logistics hub such as KLIA Aeropolis in Malaysia. The global air cargo market by end-user was led by others sector. Other segment includes engineering & manufacturing technology equipment, chemical, and energy sector. The increasing industrialization and globalization have created a significant demand for industrial equipment across the globe. The government initiatives such as FDI, Export Oriented Unit (EOU) Scheme, NAFTA, and others are positively impacting the air cargo market, globally. The increasing demand for low-cost transportation, fast delivery, cross border business is significantly driving the global air cargo market. The air cargo market is segmented based on regular and express services. The express service market is expected to witness a significant demand during the forecast period due to the increasing online buyers. Moreover, express service with extra value-added services acts as a competitive edge among air cargo vendors. The regular service is a traditional service with less cost compared to the express service. Regular services are generally used where time is not a constraint.  E-Mail : sales@theinsightpartners.com

4. Air Cargo Market Strategic Insights The market players present in air cargo market are mainly focusing towards strategic partnerships with airport authorities, joint ventures, offering additional services and inaugurating new hubs across the world to compete efficiently. Most of the market initiative were observed in Europe and Asia Pacific region owing to the increasing air cargo traffic. Few of the recent developments are listed below: 2019: Fedex entered into a deal with Bahrain airport to expand freight complex at the airport along with the operation as a Gulf Cooperation Council (GCC) logistics hub. 2019: Cargolux announced the enhancement of the capacity with the addition of two B747Fs and thus increase the fleet size. 2018: Lufthansa Cargo and China Post Group Corp signed a strategic cooperation that has the cargo capacity scope of a weekly Boeing 777 freighter on the Shanghai (PVG) – Frankfurt (FRA) route. The companies’ further aims to jointly build a more stabilized as well as comprehensive channel of air cargo transportation connecting Europe and China. Get Research Sample here – https://www.theinsightpartners.com/sample/TIPTE100001311/ E-Mail : sales@theinsightpartners.com

5. Air Cargo Market The List of Companies DHL International GmbH Lufthansa Cargo AG FedEx Emirates SkyCargo Cargolux Cathay Pacific Airways United Parcel Service of America, Inc. ANA Cargo EtihadCargo Zela Aviation The Air Charter Company Get Discount on this Report@ https://www.theinsightpartners.com/discount/TIPTE100001311/ E-Mail : sales@theinsightpartners.com

6. Air Cargo Market E-Mail : sales@theinsightpartners.com

7. Air Cargo Market Table of Contents 1.          INTRODUCTION 1.1    SCOPE OF THE STUDY 1.2    THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3    MARKET SEGMENTATION 1.3.1    Global Air Cargo Market – By Type 1.3.2    Global Air Cargo Market – By Service 1.3.3    Global Air Cargo Market – By End-user 1.3.4    Global Air Cargo Market – By Geography 2.          KEY TAKEAWAYS 3.          RESEARCH METHODOLOGY 3.1    COVERAGE 3.2    SECONDARY RESEARCH 3.3    PRIMARY RESEARCH 4.          AIR CARGO MARKET LANDSCAPE 4.1    MARKET OVERVIEW 4.2    ECOSYSTEM ANALYSIS 4.3    PEST ANALYSIS 4.3.1    North America PEST Analysis 4.3.2    Europe PEST Analysis 4.3.3    Asia Pacific PEST Analysis 4.3.4    MEA PEST Analysis 4.3.5    SAM PEST Analysis E-Mail : sales@theinsightpartners.com

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