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Air Cargo and Freight Logistics Market Set to Reach $241.87 Billion in 2025: Explore Key Drivers, Market Size, and Trends
Air Cargo And Freight Logistics Market Forecast
What Is The Projected Market Size Of The Global Air Cargo And Freight Logistics Global Market Report 2025 And Its Growth Rate?
• The air cargo and freight logistics market size was $225.06 billion in 2024 and is projected to reach $241.87 billion in 2025, growing at a CAGR of 7.5%.
• A significant factor driving this growth is the rise in global trade due to increased globalization, expanded product range, and the growing number of internet users.
• Strong future growth is expected, with the market forecast to reach $306.18 billion in 2029, at a CAGR of 6.1%, attributable to factors like growing demand for perishable products, increased online shopping, and just-in-time production of goods.
What Is Driving The Growth In The Air Cargo And Freight Logistics Global Market Report 2025?
Rising e-commerce has been identified as a significant growth propeller of the air cargo and freight logistics markets in the coming years. E-commerce involves electronic transactions, primarily on the Internet, and has seen a surge in potential customers due to increased internet access globally. The fast and reliable transportation of goods by air cargo and freight logistics enables e-commerce businesses to meet the increasing demand of online consumers efficiently. This growth is reflected in forecasts like that of the International Trade Administration - eCommerce revenues in the UK, attributable to 36.3% of the retail industry, is predicted to reach $285.60 billion by 2025.
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Who Are the Key Players Driving Air Cargo And Freight Logistics Global Market Report 2025 Growth?
• Deutsche Post DHL Group
• United Parcel Service
• FedEx Corporation
• Deutsche Lufthansa AG
• DSV AS
• DB Schenker
• Expeditors International of Washington
• Kuehne + Nagel International AG
• Singapore Airlines Limited
• Korean Air Co., Ltd
What Are The Key Trends In The Air Cargo And Freight Logistics Global Market Report 2025?
• Automation and digitization transforming logistics.
• Blockchain technology.
• Sustainability initiatives.
• Urban air mobility (UAM).
What Are The Segments Of The Global Air Cargo And Freight Logistics Global Market Report 2025?
1) By Type: Domestic Logistics, International Logistics
2) By Service Type: Express, Regular
3) By Application: Food, Industrial Materials, Equipment, Other Applications
4) By End-use Industry: Retail, Manufacturing, Healthcare, Automotive, Agriculture
Which Region Leads The Air Cargo And Freight Logistics Global Market Report 2025?
North America dominated the air cargo and freight logistics market in 2024. However, the Asia-Pacific region is anticipated to experience the fastest growth during the forecast period.
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What Is Covered In The Air Cargo And Freight Logistics Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Air Cargo And Freight Logistics Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Air Cargo And Freight Logistics Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Air Cargo And Freight Logistics Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Air Cargo And Freight Logistics Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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