Global Air Cargo Containers Market to Grow at CAGR of 5.5% during 2017-2022

Global Air Cargo Containers Market by Container Type (LD-3, LD-6, LD-11, M-1, and Others), by Material Type (Composites, Metals, and Others), by Deck Type (Lower Deck and Main Deck), by Application Type (Passenger Aircraft and Freighter Aircraft), by Sales Type (Container Manufacturing and Container Repair), by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, and Military Aircraft), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2017-2022
This report, from Stratview Research, studies the global air cargo containers market over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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The Global Air Cargo Containers Market: Highlights

The global air cargo containers market is expected to grow at a healthy CAGR of 5.5% over the next five years (2017-2022) to reach US$ 304.6 million in 2022. Increasing cargo traffic (freight tonne kilometers) owing to growing e-commerce, pharmaceutical and electronic industries, development of lightweight and more durable containers, and an advancement in the container technology are some of the major drivers of the market. Increasing aircraft deliveries and higher demand for wide-body aircraft further elevate the demand for containers in the aviation industry.

Global Air Cargo Containers Market Trend and Forecast
The global air cargo containers market is segmented based on container type as LD-3, LD-6, LD-11, M-1, and other containers. LD-3 is the most widely preferred container type in both passenger and cargo aircraft. It is expected to remain the largest and fastest-growing container type during the forecast period as well. It is highly compatible with Boeing and Airbus wide-body aircraft, such as B747, B767, B777, B787, DC-10, MD-11, A330, A350XWB, and A380. It can also be interchangeably used by replacing other container types.

Based on the material type, the global air cargo containers market is segmented as composite containers, metal containers, and other containers. Metals are expected to remain the largest material type in the global air cargo containers market during the forecast period. Easy availability of metal containers, easy reparability, an excellent track record, and lower cost are the major growth drivers of the metal based air cargo containers market.

Composite based containers segment is likely to witness the highest growth during the forecast period. Superior flame resistance, higher corrosion resistance, higher strength-to-weight ratio at relatively low weight in comparison with metal based containers are the major growth drivers of these versatile materials. Additionally, composite containers do not damage easily; thus, help ULD management companies and airlines to address the biggest challenge of reducing the container repair cost. Composites based containers are approximately 20% to 40% lighter than that of aluminum based containers.

Based on the application type, the global air cargo containers market is segmented as passenger aircraft and freighter aircraft. The passenger aircraft is expected to remain the largest and fastest-growing aircraft type in the global air cargo containers market during the forecast period. Increasing passenger and cargo traffic, introduction of variants of existing aircraft programs (B737 Max, A320neo, and B777x), market entry of new aircraft programs (C919 and MC-21), and rising aircraft fleet size are driving the production of aircraft; hence, the containers used in it. Passenger aircraft usually uses its lower hold for carrying containers from one destination to another destination.
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Based on the aircraft type, the global air cargo containers market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, and military aircraft. Wide-body aircraft is expected to remain the largest and fastest-growing aircraft type in the global air cargo containers market during the forecast period. High number of containers per aircraft, increasing deliveries of wide-body aircraft, and increasing demand for wide-body aircraft by cargo airlines are some of the major growth drivers of the segment.

The supply chain of this market comprises raw material suppliers, panel manufacturers, container manufacturers, distributors, ULD management companies, and airline companies. The key air cargo container manufacturers are Zodiac AirCargo Equipment, Cargo Composites, Nordisk Aviation, VRR-Aviation, DokaSch GmbH, and Satco Inc. Development of lightweight containers, partnership with ULD management companies, and regional expansion are the key strategies adopted by the major players to gain a competitive edge in the market.
Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market trend and forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global air cargo containers market is segmented into the following categories.

Global Air Cargo Containers Market, By Container Type
• LD-3 (Regional Analysis: NA, Europe, APAC, and RoW)
• LD-6 (Regional Analysis: NA, Europe, APAC, and RoW)
• LD-11 (Regional Analysis: NA, Europe, APAC, and RoW)
• M-1 (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)
Global Air Cargo Containers Market, By Deck Type
• Lower Deck (Regional Analysis: NA, Europe, APAC, and RoW)
• Main Deck (Regional Analysis: NA, Europe, APAC, and RoW)
Global Air Cargo Containers Market, By Material Type
• Composite-based Containers (Regional Analysis: NA, Europe, APAC, and RoW)
• Metal-based Containers (Regional Analysis: NA, Europe, APAC, and RoW)
• Other Materials-based Containers (Regional Analysis: NA, Europe, APAC, and RoW)
Global Air Cargo Containers Market, By Application Type
• Passenger Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Military Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
Global Air Cargo Containers Market, By Sales Type
• Container Manufacturing (Regional Analysis: NA, Europe, APAC, and RoW)
• Container Repair (Regional Analysis: NA, Europe, APAC, and RoW)

Global Air Cargo Containers Market, By Aircraft Type
• Narrow-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Wide-Body Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Very Large Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)
• Military Aircraft (Regional Analysis: NA, Europe, APAC, and RoW)

Global Air Cargo Containers Market, By Region
• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Italy, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: The Middle East, Latin America, and Others)

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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life

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