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The Infinium Global Research analyzes the Air Cargo Market over the period of 2019 to 2025. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global air cargo market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of air cargo. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the air cargo market during the period. The global air cargo market is projected to grow at a CAGR of 4.6% over the forecast period of 2019-2025.

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Increasing Demand for Transportation of Goods is One of the Driving Factors of the Air Cargo Market

Increasing demand for transportation of goods is one of the driving factors of the air cargo market. Further, factors such as surging e-commerce sector, globally increasing import-export trade, and continuous developments across the information technologies sector are also driving the growth of the market. Increasing development and transactions in the e-commerce and pharmaceutical sectors are fueling market growth. However, increasing prices of aviation fuel coupled with political instability in numerous countries hindering the growth of the market. Moreover, increasing support from the government for open sky policies is resulting in the creation of numerous opportunities for growth of the air cargo market.

Segmentation of the Air Cargo Industry

The global air cargo market is segmented on the basis of component, service, and end-user. On the basis of component, the market is segmented into air freight and air mail. The air freight segment holds a large market share due to the several advantages such as faster shipping methods, high reliability concerning arrival and departure times. Based on service, the sub-markets include express and regular. The express service segment is witnessing exponential growth with a growth in the expansion of the trade networks. By end-users, the market is segmented into consumer electronics, retail, third-party logistics, food and beverages, pharmaceuticals and healthcare, and other end-users.

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Asia-Pacific Holds the Largest Market Share of the Global Air Cargo Market

Among the regions, Asia-Pacific holds the largest market share of the global air cargo market. The growing demand for online retail stores, specifically fashion stores and rising demand for the just-in-time production of goods are driving the growth of the market in the Asia-Pacific region. The Asia-Pacific air cargo market is expected to grow with the highest CAGR owing to the large investments in this industry.

Key Players in the Air Cargo Industry

Some of the industry participants of the global air cargo market are Cathay Pacific Cargo, FedEx Express, UPS Airlines, DHL Aviation, Korean Air Caro, Lufthansa Cargo, China Airlines Cargo, Singapore Airlines Cargo, Emirates SkyCargo, and Cargolux among the others.

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Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the Air Cargo.
  • Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
  • Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.