Press release
Air Freight Forwarding Market Size, Trends and Industry Growth Forecast to 2032
Market Insights Report published a new research publication on "Air Freight Forwarding Market" with 230+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Air Freight Forwarding market was mainly driven by the increasing R&D spending across the world.Some of the key players profiled in the study are: Kuehne + Nagel, DB Schenker, DHL Supply Chain & Global Forwarding, UPS Supply Chain Solutions, DHL Express, Expeditors International, C.H. Robinson, CEVA Logistics, Panalpina (part of DSV Panalpina), Nippon Express, Expeditors International, Sinotrans.
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Scope of the Report of Air Freight Forwarding: The size of the Air Freight Forwarding Market was valued at USD 30.2 Billion in 2023 and is projected to reach USD 41.10 Billion by 2032, with an expected CAGR of 4.5% during the forecast period. The Air Freight Forwarding Market deals with organizing and delivering goods by air, helping in moving cargo around worldwide supply chains. Air freight forwarders serve as middlemen between shippers and airlines, offering vital services like reserving space, coordinating cargo handling, ensuring adherence to regulations, and overseeing customs processes. The growing need for quicker delivery services, especially for time-sensitive, valuable, and perishable items, is fueling this market. As global e-commerce grows, industries are more and more dependent on air freight to satisfy customers' demands for quick delivery. The market is also profiting from digital technology improvements like automated booking systems, real-time cargo tracking, and data analytics, which improve efficiency and transparency in air freight operations. Furthermore, growing worries about environmental sustainability are leading to the implementation of greener practices, including the utilization of fuel-efficient planes and alternative fuels. With the increasing volume of global trade and air transport, the Air Freight Forwarding Market is projected to see a considerable boost due to the demand for dependable, quick, and effective logistics services.
The titled segments and sub-section of the market are illuminated below: [{Services, [{Freight transportation}, {Warehousing and distribution}, {Customs brokerage}, {Freight consolidation}, {Value-added services}]}, {Mode of Transportation, [{Ocean, [{Freight transportation}, {Warehousing and distribution}, {Customs brokerage}, {Freight consolidation}, {Value-added services}]}, {Road, [{Freight transportation}, {Warehousing and distribution}, {Customs brokerage}, {Freight consolidation}, {Value-added services}]}, {Air, [{Freight transportation}, {Warehousing and distribution}, {Customs brokerage}, {Freight consolidation}, {Value-added services}]}, {Rail, [{Freight transportation}, {Warehousing and distribution}, {Customs brokerage}, {Freight consolidation}, {Value-added services}]}]}, {Customer, [{B2B}, {B2C}]}, {End User, [{Manufacturing}, {E-commerce & retail}, {Automotive}, {Healthcare & pharmaceuticals}, {Oil and gas}, {Food and beverage}, {Consumer goods}, {Others}]}]
Market Drivers:
• The continuous expansion of global trade and economy, The rise of e-commerce industry, Innovations in logistics technology such as blockchain, data analytics, AI & ML, Infrastructure development for transportation of goods
Restraints:
• Complexities in regulations and delays, Rising costs due to economic fluctuations
• In April 2024, FedEx unveiled new direct flights between China and the U.S., aimed at meeting the rising need for expedited shipping services.
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What can be explored with the Air Freight Forwarding Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the Global Air Freight Forwarding Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Air Freight Forwarding
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab EMarket Insights Reportates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Strategic Points Covered in Table of Content of Global Air Freight Forwarding Market:
Chapter 1: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Air Freight Forwarding
Chapter 2: Evaluating the leading manufacturers of the Air Freight Forwarding market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 3: Introduction, market driving force product Objective of Study and Research Scope the Air Freight Forwarding market
Chapter 4: Exclusive Summary - the basic information of the Air Freight Forwarding Market.
Chapter 5: Presenting the Air Freight Forwarding Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 6: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 7: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Air Freight Forwarding Market is a valuable source of guidance for individuals and companies.
Read Detailed Index of full Research Study at 👉 https://marketinsights.report/reports/air-freight-forwarding-market-11359?utm_source=Kavita_OpenPR&utm_id=Kavita
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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