Air Cargo Services Market Report 2020-30: Share, Drivers, Restraints, Opportunities And Challenges | Covid 19 Impact And Recovery

The Business Research Company offers “Air Cargo Services Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global air cargo services market is expected to grow from $65.4 billion in 2019 to $67.4 billion in 2020 at a compound annual growth rate (CAGR) of 3.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 14% from 2021 and reach $95.5 billion in 2023.

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The air cargo transportation services market consists of sales of air cargo transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide air transportation of cargo and mail on a contract basis over fixed international routes.

Digitization of systems has gained its popularity in the cargo transportation markets by easing the documentation process and provide integration and transparency. According to The International Air Cargo Association, the Air Waybill (AWB), a 20-step, 21-documents, is converted to an e-AWB to reduce the information re-entry to reduce wastage of time and provide efficiency. The e-AWB desktop tool was introduced to help small and medium air freight forwarders to create, send, and manage e-AWBs easily and efficiently.

Air Cargo Services Market Segmentation: -
By Type
1) Air Mail
2) Air Freight

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Air Cargo Services Market Characteristics
4. Air Cargo Services Market Product Analysis
5. Air Cargo Services Market Supply Chain
………………
19. Air Cargo Services Market Competitive Landscape
20. Key Mergers And Acquisitions In The Air Cargo Services Market
21. Market Background: Air Transportation Market
22. Recommendations
23. Appendix

The report covers the trends and market dynamics of the air cargo services market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the air cargo services market are Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, DHL Aviation

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