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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 u2013 2027, to account to US$ 145.20 Bn by 2027.<br><br>Access Full Report at https://www.theinsightpartners.com/reports/air-cargo-market
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Air Cargo Market Estimated to Flourish by 2027 Publication Month: Mar 2019 | No. of Pages: 150
Air Cargo Market Overview The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study. Latest market study on "Air Cargo Market to 2027 by Type (Air Mail and Air Freight); Service (Express and Regular); and End User (Retail, Pharmaceutical & Healthcare, Food & Beverages, Consumer Electronics, and Automotive) - Global Analysis and Forecast", the air cargo market is estimated to reach US$ 145.20 Bn by 2027 from US$ 102.00 Bn in 2018. The report includes key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Air Cargo Market Although global economic growth is estimated to surge in aggregate during the forecast period, this covers a broad range in regional as well as country-level performance. Economic activity in the developed economies is anticipated to grow at a similar pace as they were during the past five years, with moderate slowdowns in the US and Japan, being compensated by sturdier growth in the Eurozone. The latter is expected to support incoming demand for air cargo into Europe on the major trade lanes between North America and Asia. Asia Pacific dominates the global air cargo market, followed by Europe. The growth in Asia Pacific region is highly influenced by the burgeoning e-commerce market in the developing economies of the region, as well as, the presence of strong manufacturing sector. The strong e-commerce sector of the region has resulted in increased cross-border e-commerce sales. Read More at : https://www.theinsightpartners.com/reports/air-cargo-market
Key Benefits • • This report provides a detailed study of market trends and forecast from 2019 to 2027, which assist to identify the prevailing market opportunities. • • In-depth coverage of the global market that includes drivers, restraints, and opportunities, helps professionals to understand the market behavior in a better way. • • Detailed study of the strategies of key leaders, partnerships, and acquisitions in the market is provided. • Get PDF Sample Copy @ Click Here
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.
Key Players In Industry • 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 • Enquiry For Discount @ Click Here
Air Cargo Market By Geography • North America, Europe, Asia-Pacific, LAMEA
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