The global air freight market size reached US$ 303.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 481.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032. More Info:- https://www.imarcgroup.com/air-freight-market

1. Global Air Freight
Market Research and
Forecast Report 2024-
2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Air Freight Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global air freight market size reached US$ 303.8 Billion in
2023.
Air freight, or air cargo, refers to the movement of goods or consignments
through charter or commercial air carriers over long distances. It is widely
used to deliver fast-speed shipments from consignors to consignees or sellers
to buyers globally. It assists in transporting perishable products requiring quick
delivery, such as fruits, vegetables, frozen items, flowers, and meats, and non-
perishable items, including jewelry, clothing, automotive parts, and electronics.
It also aids in the distribution of vaccines via a well-established temperature-
sensitive distribution system and cutting-edge technology and processes. It
offers various benefits, such as reduced risks of theft and shipment damage
and lower insurance premiums due to shorter durations. Since it is a significant
contributor to economic development, air freight is rapidly gaining traction
across the globe.
Request for a PDF sample of this report: https://www.imarcgroup.com/air-
freight-market/requestsample

4. Report Description
Global Air Freight Market Trends:
Air freight helps save time, provides a higher level of security, and requires less packaging compared to other
transportation modes to lower the weight limit. In contrast, other transportation methods, including marine, rail, and road
transport, usually take days or weeks to deliver various items. As a result, the escalating demand for fast delivery
services, especially for perishable goods, represents one of the primary factors driving the market growth. Besides this,
the rising popularity of consolidated air freight services and the increasing import and export activities among various
countries are contributing to market growth. Additionally, numerous airlines are focusing on implementing fuel-efficient
solutions and adopting innovative technologies to offer cost-effective services to meet the surging demand for air freight
services. In line with this, the rapid g rowth in the e-commerce industry has propelled market growth.
Furthermore, the leading players are heavily investing in digitalization to improve user experience and efficiency of the
booking process for a cargo shipment to the customer. Along with this, recent technological advancements, such as the
large-scale integration of the internet of things (IoT), artificial intelligence (AI), big data, robotics, and automated
systems in the air cargo supply chain, have catalyzed market growth. Other factors, including the emerging aviation
industry, inflating sales of high-value goods, rising need for pharmaceutical drugs and medical equipment, and shifting
f ocus toward supply chain optimization, are also providing a positive thrust to the market growth.
Looking forward, IMARC Group expects the market value to reach US$ 481.2 Billion by 2032, growing at a
CAGR of 5.1% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/air-freight-market

5. Report
Segmentation
Breakup by Service:
• Freight
• Express
• Mail
• Others
Breakup by Destination:
• Domestic
• International
Breakup by End User:
• Private
• Commercial

6. Report
Segmentation
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

7. Competitive
Landscape with
Key Players
• American Airlines Inc.
• ANA Cargo Inc.
• Bolloré Logistics
• Cargolux Airlines International S.A.
• Delta Air Lines Inc.
• Deutsche Bahn AG
• Deutsche Post AG
• DSV A/S
• Expeditors International of Washington Inc.
• FedEx Corporation
• Hellmann Worldwide Logistics SE & Co. KG
• Kuehne + Nagel International AG
• Nippon Express Co. Ltd.
• Qatar Airways
• United Parcel Service Inc.

8. Key Questions
Answered in
the Report
What was the size of the global air freight market in 2023?
What is the expected growth rate of the global air freight
market during 2024-2032?
What are the key factors driving the global air freight market?
What has been the impact of COVID-19 on the global air
freight market?
What is the breakup of the global air freight market based on
the service?
What is the breakup of the global air freight market based on
the destination?
What is the breakup of the global air freight market based on
the end user?
What are the key regions in the global air freight market?
Who are the key players/companies in the global air freight
market?

9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Air Freight Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service
6.1 Freight
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 Express
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Mail
6.3.1 Mark et Trends
6.3.2 Mark et Forecast

10. Table of
Contents
6.4 Others
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
7 Market Breakup by Destination
7.1 Domestic
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 International
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by End User
8.1 Private
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Commercial
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Mark et Trends
9.1.1.2 Mark et Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Mark et Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Mark et Trends
9.2.1.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/air -freight-market/toc

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