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Freight Chartered Air Transport Market 2023 Analysis Of Production, Future Demand, Sales And Consumption Research Report To 2032
Freight Chartered Air Transport Global Market
The Business Research Company's Freight Chartered Air Transport Global Market Report 2023 identifies growing need for urgent shipment of dangerous goods and hazardous materials as the major driver for the Freight Chartered Air Transport market's growth in the forecast period. Sensitive freight with dangerous goods includes explosives, highly flammable gases, radioactive materials, and military items. Toxic and infectious substances require a special skill set and expert knowledge for shipping the goods. These goods are transported through chartered cargo to avoid explosions and contamination.
The global freight chartered air transport market size will grow from $23.80 billion in 2022 to $26.58 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. 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 global freight chartered air transport market size is expected to grow to $40.24 billion in 2027 at a CAGR of 10.9%.
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Major competitors in the Freight Chartered Air Transport market are Air Charter Service, Air Transport Services Group Inc., Stratos Jet Charters Inc., Cargo Air Chartering, Cathay Pacific Airways Ltd., Air Partner, and Fliteline.
A key trend in the Freight Chartered Air Transport market includes focusing on the use of blockchain technology to improve logistics. Blockchain is a shared, immutable ledger that facilitates the process of recording transactions and tracking assets in a business network.
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The Freight Chartered Air Transport market is segmented -
1) By Cargo Type: Time Critical Cargo, Heavy And Outside Cargo, Dangerous Cargo, Animal Transportation, Other Cargo Types
2) By Application: Private Use, Commercial Use
3) By End Use: Wealthy Individuals, Sports Teams, Large Corportations
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Freight Chartered Air Transport market.
The Business Research Company's "Global Freight Chartered Air Transport Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Freight Chartered Air Transport Market Include:
1. Executive Summary
2. Freight Chartered Air Transport Market Characteristics
3. Freight Chartered Air Transport Market Trends And Strategies
4. Freight Chartered Air Transpor Market - Macro Economic Scenario
5. Freight Chartered Air Transport Market Size And Growth
……
27. Freight Chartered Air Transport Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Freight Chartered Air Transport Market
29. Freight Chartered Air Transport Market Future Outlook and Potential Analysis
30. Appendix
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