Global Air Cargo Services Market Growth Analysis Top Key Players, Trends & Forecast to 2032 | Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, and DHL Aviation.

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the Air Cargo Services market report by The Business Research Company, Air cargo companies are increasingly using block chain technology to improve efficiency, minimise losses, and prevent damage to cargo. Block chain technology allows air cargo companies to digitally track and record the change of custody for airline cargo containers, or Unit Load Devices (ULDs), as they journey between destinations. For instance, the block chain in Transport Alliance (BiTA) is pushing for a standardised implementation in the logistics industry.

The global air cargo services market grew from $61.73 billion in 2022 to $65.5 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air cargo services market is expected to grow to $81.29 billion in 2027 at a CAGR of 5.5%.

Read More On The Air Cargo Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/air-cargo-services-global-market-report

Major competitors in the Air Cargo Services market include Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, and DHL Aviation.

The Air Cargo Services Market is segmented -

• By Type: Air Mail, Air Freight
• By Destination: Domestic, International
• By End-User: Consumer Electronics, Retail, Third Party Logistics, Food And Beverages, Pharmaceuticals And Healthcare, Other End Users
• By Service: Express, Regular. Asia-Pacific was the largest region in the air cargo services market in 2022

Request A Free Sample Of The Air Cargo Services Market Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2245&type=smp

Air cargo services are a mode of transportation that uses aircraft, such as planes and helicopters, to provide contract air transportation of cargo and mail over fixed international routes due to their ability to supply consumers all over the world with high-quality goods at reasonable prices.

The main types in the air cargo services market are air mail and air freight. Airfreight involves the transportation of cargo and mail through an air carrier.

The Table Of Content For The Air Cargo Services Market Include:

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
……
21. Key Mergers And Acquisitions In The Air Cargo Services Market
22. Market Background: Air Transportation Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

The "Global Air Cargo Services Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.