Future of Airfreight Market with CAGR Analysis 2018 – 2023 and Top Worldwide Key Players - FedEx Express, United Parcel Service, Emirates Cargo, Cargolux, Chinese Airlines, Ethiad Cargo

Marketprognosis.com Publish a New Market Research Report On “Global Airfreight Market - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Airfreight Market:

The Global Airfreight Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2018 to 2023. Air freight has remained an indispensable tool for the transport of time sensitive commodities, like perishables; high-value, low-weight goods, including consumer electronics; high-fashion apparel; pharmaceuticals; industrial machinery; and high-value intermediate goods such as auto parts.

The APAC region holds the highest market share with more than 40% of the total market; China leads the way with 15% of the total market share and is expected to be top for years to come. The more mature markets, like North America and Europe have started to recover after the global economic meltdown and are showing promising signs of growth.

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The rising fuel prices has a complex effect on this market, air transport has become more expensive with the rising fuel prices, however, it is also driving a need for more efficient planes which has created a market for advanced cargo only flights. Of the current global cargo fleet 61% has been converted from old passenger flights. However, this is changing gradually and will have an impact on the market as The performance, efficiency, and reliability of new, purpose-built freighters outweigh the lower purchase prices for converted large freighters, especially for intercontinental operations, where high cargo density, larger payloads, and extended range are crucial.

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Major Key Players:

1 FedEx Express

2 United Parcel Service

3 Emirates Cargo

4 Cathay Pacific Cargo

5 Cargolux

6 Chinese Airlines

7 ANA Cargo

8 Qatar Airways Cargo

9 Lufthansa Cargo

10 Ethiad Cargo and More…………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Airfreight Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Findings of the Study

5 Market Overview and Technology Trends

6 Market Dynamics

7 Global Airfreight Market, Segmented By Aircraft Type

8 Global Airfreight Market, Segmented By Freight Item

9 Global Airfreight Market, Segmented By Geography

10 Competitive Landscape

11 Company Profiles

12 Future Outlook of the Market

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This release was published on openPR.