Impact of COVID-19 on Europe Air Cargo Market is expected to grow to US$ 36.15 Bn by the year 2027 at a CAGR of 4.4% from the year 2020 to 2027

The Business Market Insights provides you regional research analysis on “Europe Air Cargo Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the Europe Air Cargo Market during the forecast period, i.e., 2020–2027.

Air cargo market in Europe is expected to grow from US$ 24.68 Bn in 2018 to US$ 36.15 Bn by the year 2027. This represents a CAGR of 4.4% from the year 2019 to 2027.

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The factors such as growth of e-commerce sector in Europe and increased focus on adoption of temperature-sensitive product is expected to bolster the air cargo market. Moreover, the rapid growth of consumer electronics industry is anticipated to boost air cargo market growth in the forecast period. Air cargo is a significant component of the e-commerce ecosystem in order to manage the transportation of goods globally. In contrast with the retail store, the e-commerce business is accountable for ensuring timely delivery and if the goods or products are returned then the company has to manage all the operations in reverse logistics. In the e-commerce business, air cargo service providers deliver flexibility & scalability, upgraded technology, and efficiency & specialization. Moreover, the services provided by air cargo firms to e-commerce business are data management, real-time tracking, safe transportation, reduced time, and others. There are numerous benefits related to e-commerce and it can get fulfilled if the company deliver to its customer on time. The air cargo plays a key role in the e-commerce ecosystem. With the increasing number of online customers and increasing cross border sales, the demand for air cargo is expected to surge during the forecast period.

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 Europe Air Cargo Market. The researcher provides an extensive analysis of the Europe 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.

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Major Key players covered in this report:
• 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 study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Air Cargo Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Air Cargo Market segments and regions.

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The research on the Europe 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 Europe 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 Europe Air Cargo Market.

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