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Comprehensive Ground Handling Services Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Ground Handling Services Market Size
The surge in air freight cargo demand is predicted to stimulate the expansion of the ground handling services market in the future. The practice of shipping goods via a chartered or planned air carrier constitutes air freight cargo. The dynamic consumer inclinations coupled with the burgeoning E-commerce sector have amplified the need for air freight cargo as it provides speedy and same-day delivery services. This type of transportation requires a reliable and swift handling method, escalating the necessity for airport ground and cargo handling services to minimize downtime and lower emissions at airports. In August 2024, as per the data shared by the International Air Transport Association, a Canadian Trade association, global air cargo demand rose by 13.6% in July 2024 compared to July 2023, with international operations noting a 14.3% increase. The most significant demand growth of 17.6% year-on-year was experienced by airlines in the Asia-Pacific region. Consequently, the escalating need for air freight cargo will catalyze the growth in the airport ground and cargo handling services market.
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What is the future CAGR of the ground handling services market, and how will it impact industry expansion?
The market size of ground handling services has seen robust growth in the past few years. The sector is projected to expand from a value of $27.59 billion in 2024 to $29.65 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 7.5%. The historical growth in this market can be tied back to the expansion of air travel, the deregulation of airlines, the enhancement of airport infrastructure, the internationalization of air travel, as well as security and safety rules.
The market size of ground handling services is anticipated to witness robust growth in the upcoming years, expanding to a value of $39.51 billion in 2029 with a 7.4% compound annual growth rate (CAGR). This forecasted growth is primarily due to factors such as emphasis on environmental sustainability, changes in airline business structures, expansion of airline fleets, globalisation of air travel, and investment in airport infrastructure. Key trends expected during this forecast period include an increase in digitalisation and automation, bespoke services, sustainability practices, boost in security protocols, adapting to fresh airline business styles, and the utilisation of data analytics and predictive maintenance.
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What are the most significant trends transforming the ground handling services market today?
The rise of technological innovation is a prominent trend in the ground handling services market. Key players are focusing on developing innovative equipment technologies, like electric material handling equipment, to solidify their market standing. For example, Linde Material Handling, a German manufacturer specializing in forklift trucks and warehouse equipment, launched electric heavy-duty forklift trucks with load capacities between 10 to 18 tonnes in May 2022. This innovative range of compact, heavy-duty trucks expands on their eight-ton series, featuring a double drive, dual-lift hydraulics, a pair of batteries, and scale-adjusted pumps.
Which key market segments comprise the ground handling services market and drive its revenue growth?
The ground handling services market covered in this report is segmented -
1) By Service: Ground Handling, Passenger Ground Handling, Ramp Handling, Other Services
2) By Airport Type: International, Domestic
3) By Application: Civil, Military
Subsegments:
1) By Ground Handling: Baggage Handling, Cargo Handling, Aircraft Marshalling, Flight Operations And Crew Administration
2) By Passenger Ground Handling: Check-In Services, Boarding Assistance, Passenger Assistance Services, Immigration Assistance
3) By Ramp Handling: Aircraft Refueling, Aircraft Towing And Pushback, Water And Lavatory Services, Deicing And Anti-Icing
4) By Other Services: Catering Coordination, Cabin Cleaning, Security Services
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What regions are at the forefront of ground handling services market expansion?
North America was the largest region in the ground handling services market in 2024. The regions covered in the ground handling services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the ground handling services market?
Major companies operating in the ground handling services market include Baltic Ground Services, Dubai National Air Transport Association, Swiss Aviation Group AG, Worldwide Flight Services (WFS), JBT Corporation, Swissport International Ltd., Singapore Airport Terminal Services Limited, TAV Havalimanlari Holding A.S., Groundforce Handling Portugal, Aviapartner Group NV, Goldair Handling SA, Airport Terminal Services Inc., Mallaghan Engineering Ltd, Menzies Aviation plc, Skyplan Services Ltd., Belau Transfer and Terminal Company, AFS Aviation Services Limited, AN Aviation Services Co. Ltd., Proground GmbH, Airline Services Ltd., Jet Aviation Business Jets AG, Çelebi Havacilik Holding A.S., SAS Ground Handling AB
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What Is Covered In The Ground Handling Services Global Market Report?
•Market Size Forecast: Examine the ground handling services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the ground handling services market for a structured understanding.
•Key Players Overview: Analyze major players in the ground handling services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the ground handling services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the ground handling services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the ground handling services market.
•Industry Challenges: Identify potential risks and obstacles affecting the ground handling services market.
•Competitive Landscape: Review strategic developments in the ground handling services market, including expansions, agreements, and new product launches.
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