Global Air Cargo Market To Grow At A CAGR Of 4.76% During The Period 2017-2021 - Cathay Pacific Cargo, Emirates SkyCargo, FedEx, UPS
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Air cargo service providers ship different kinds of goods by air, which are either for international or domestic customers. The cargo is either transported by passenger aircraft or dedicated freighter aircraft. The global air cargo market can be segmented by the two types goods that are transported, airmail and air freight. The transportation of mail via air is referred to an airmail service. Typically, airmail costs more than other modes of transportation but there is an advantage of the mail getting delivered faster.
Technavios analysts forecast the global air cargo market to grow at a CAGR of 4.76% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global air cargo market for 2017-2021. To calculate the market size, the report considers the volume transported by different vendors that provide air cargo transportation services to end-user industries such as manufacturing, FMCG and retail, pharmaceuticals and chemicals, and other industries.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Global Air Cargo Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Cathay Pacific Cargo
Emirates SkyCargo
FedEx
UPS
Other prominent vendors
AIR FRANCE KLM MARTINAIR Cargo
British Airways
CAL Group
Cargolux
China Airlines
Delta Air Lines
Deutsche Post DHL Group
Etihad Airways
Korean Air
Lufthansa Cargo
Qatar Airways Cargo
Saudi Airlines Cargo
Singapore Airlines
Market driver
Increase in e-commerce sales to boost air cargo market
For a full, detailed list, view our report
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Market challenge
Expected rise in jet fuel prices
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Market trend
Expected rise in demand for temperature-sensitive products
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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