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Asia Pacific Air Cargo Market revenue contribution leaps ahead with record result US$ 59.13 Bn

03-05-2021 09:31 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Business Market Insights

Asia Pacific Air Cargo Market revenue contribution leaps ahead

Air cargo market in Asia Pacific is expected to grow from US$ 37.63 Bn in 2018 to US$ 59.13 Bn by the year 2027. This represents a CAGR of 5.2% from the year 2019 to 2027.

The factors such as rapid growth of e-commerce sector and rising demand from temperature-sensitive product are propelling the growth of the air cargo market. Moreover, the emphasis on design and implementation of various software services by the market players is anticipated to boost air cargo market growth in the forecast period. The transportation of temperature sensitive goods such as drugs, chemicals, and medicines are creating a huge opportunity for cold chain logistics participants and are significantly driving the air cargo market.
Pharmaceutical companies are highly dependent on air transportation due to factors such as time-sensitivity and temperature controlled transportation.

Get Sample Copy of this Asia Pacific Air Cargo Market research report at https://www.businessmarketinsights.com/sample/TIPRE00005038

Asia Pacific region is concentrated with several technology companies, which has created substantial knowledge of modern technologies among the population. With continuous advancements in drone technology, the large multinational companies are seeking forward for drones to ensure quick delivery of parcels with high speed while lowering time and operational costs. Asian countries have the advantage of having the most confident shoppers when it comes to receiving deliveries through drones and using autonomous technology to make payments.

Air Cargo Market - Companies Mentioned
•ANA Cargo Inc. (ANA Group)
•Lufthansa Cargo AG
•United Parcel Service of America, Inc.
•Etihad Cargo
•FeDex Corportion
•Cargolux Airlines International S.A.
•DHL International GmbH
•Emirates SkyCargo
•Cathay Pacific Cargo
•Zela Aviation The Air Charter Company

The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Asia Pacific Air Cargo market. The researcher provides an extensive analysis of the Asia Pacific Air Cargo market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.

Browse Full Report with TOC @ https://www.businessmarketinsights.com/reports/asia-pacific-air-cargo-market
Asia Pacific AIR CARGO MARKET SEGMENTATION

By Type
•Air Mail
•Air Freight

By Service
•Express
•Regular

By End-User
•Retail
•Pharmaceutical & Healthcare
•Food & Beverage
•Consumer Electronics
•Automotive
•Others

By Country
•China
•India
•Australia
•Japan
•Rest of Asia Pacific

Order a Copy of this Asia Pacific Air Cargo Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00005038

The research on the Asia Pacific Air Cargo market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Asia Pacific Air Cargo market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Asia Pacific Air Cargo market.

Contact US:
Business Market Insights
Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
Linkedin URL: https://www.linkedin.com/company/business-market-insights/

About Us:
Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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