Press release
Air Freight Market Valued at $270.2 Billion in 2019, Expected to Reach $376.8 Billion by 2027, with a CAGR of 5.6%
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ซ ๐๐ซ๐๐ข๐ ๐ก๐ญ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐%.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/6786
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
The major players in the industry include:
FEDEX
DSV PANALPINA
DEUTSCHE POST AG (DHL GROUP)
DB SCHENKER (DEUTSCHE BAHN GROUP (DB GROUP)
UNITED PARCEL SERVICE, INC. (UPS)
NIPPON EXPRESS
KUEHNE+NAGEL INTERNATIONAL AG
Hellmann Worldwide Logistics
EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.
BOLLORร LOGISTICS
๐๐๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐ข๐ซ ๐ ๐ซ๐๐ข๐ ๐ก๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
The report covers the trends in the market not just at the domestic level but also at the international level. To provide a comprehensive picture, it analyzes the drivers, opportunities, and restraints of the market with the help of tools such as SWOT analysis. Additionally, the competitive scenario in the market is also studied with the help of Porter's five forces.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The air freight market is expected to witness significant growth due to the rising popularity of consolidated air freight services. Consolidated air freight services offer users an economical mode of transportation that can offer affordable rates and reliable schedules. Such advantages of these services enable users to perfectly plan their supply chains. Moreover, these types of air freight services offer quicker delivery time and less handling time for high-value goods, increasing the feasibility of air freight services compared to ocean freight services. Moreover, consolidated air freight services are more profitable to both delivery service companies and airlines as it is more cost-effective to fly in the air with a full cargo load compared to an airplane with a partial load.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/air-freight-market/purchase-options
On the other hand, the rising popularity of e-commerce is predicted to create immense opportunities in the air freight market. It has transformed logistics methods worldwide. Many consumers across the globe are requesting faster deliveries. This makes operational models adopt the reliable and faster mode of shipping. This trend of e-commerce is predicted to increase its market share at a significant rate. This is mainly due to the increasing shipping of domestic volumes by small and large e-retailers. Moreover, the swiftly growing e-commerce businesses across borders are expected to bring immense opportunities for the market in the coming years. According to the IATA (International Air Transport Association), air cargo holds a share of more than 35% of the international trade by value. The rise in online retailing is expected to increase the demand for package transport services across the globe which is predicted to increase the demand for air freight services over the estimated period.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Primarily, regions including North America, Europe, Asia-Pacific, and LAMEA are studied in this report. The study of the North America region includes market trends in the U.S., Mexico, and Canada. On the other hand, the UK, Germany, France, Italy, Spain, and the Rest of Europe are covered by the European market analysis. While the Asia-Pacific market covers trends in China, India, Japan, Australia, Thailand, Malaysia, Indonesia, and the Rest of Asia-Pacific, the market in the LAMEA region includes Saudi Arabia, Brazil, South Africa, UAE, Argentina, and the Rest of LAMEA.
๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
In this comprehensive study, the Allied Market Research report provides information on the latest trends in the air freight market size and the financial performance of the key players. Moreover, interviews with major stakeholders of the industry and regional insights are also given, which would ultimately help businesses to get a complete understanding of the market.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/6786
๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
What are the upcoming trends in the air freight market?
What is the total market value of the air freight market?
What are the key strategies adopted by the leading players in this industry to boost their revenues?
Which region is and will offer greater business opportunities for the market in the future?
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
๐๐๐ฏ๐๐ซ๐ฌ๐ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
https://www.alliedmarketresearch.com/reverse-logistics-market
๐๐๐ญ๐ข๐ง ๐๐ฆ๐๐ซ๐ข๐๐ ๐ฅ๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
https://www.alliedmarketresearch.com/latin-america-logistics-market-A07185
๐ ๐จ๐ฎ๐ซ๐ญ๐ก ๐๐๐ซ๐ญ๐ฒ ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
https://www.alliedmarketresearch.com/fourth-party-logistics-market
๐๐๐ซ๐๐ก๐จ๐ฎ๐ฌ๐ข๐ง๐ ๐๐ง๐ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐จ๐ ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ :
https://www.alliedmarketresearch.com/warehousing-and-distribution-logistics-market-A11526
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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