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Emerging Trends to Drive Cargo Aircraft Charter Service Market Growth at 9.2% CAGR Through 2029

07-10-2025 09:59 AM CET | Logistics & Transport

Press release from: The Business Research Company

Cargo Aircraft Charter Service

Cargo Aircraft Charter Service

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Cargo Aircraft Charter Service Market Size Growth Forecast: What to Expect by 2025?
In recent years, the market size for charter cargo aircraft services has seen robust growth. The market is set to expand from $10.22 billion in 2024 to $10.95 billion in 2025, representing a compound annual growth rate (CAGR) of 7.2%. Factors contributing to the growth observed in the historic period include the broadening of global trade and commerce, increased instances of natural disasters or humanitarian crises, a rise in e-commerce activities, heightened security concerns, as well as changes in global trade regulations, tariffs, and geopolitical tensions.

How Will the Cargo Aircraft Charter Service Market Size Evolve and Grow by 2029?
The projected market size for cargo aircraft charter services is predicted to experience significant growth over the upcoming years, with a forecasted growth to $15.56 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 9.2%. The surge in this predicted time frame can be credited to the continuous growth of online retail, efforts towards creating robust supply chains, airport development and modernization, a worldwide shift to renewable energy sources, and changes in global trade agreements, tariffs, or geopolitical aspects. The horizon seems to be dominated by trends such as technological evolutions in the aviation industry, adoption of digital platforms for operations, personalization of charter services for tailoring to unique customer requirements, application of dynamic pricing strategies, and increased partnerships among charter service providers, airlines, logistic companies, and technology firms.

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What Drivers Are Propelling the Growth of Cargo Aircraft Charter Service Market Forward?
The expansion of the cargo aircraft charter service market is projected to be driven by the rising number of air travel passengers. Those who fly on commercial airlines or private planes for assorted reasons are classified as air passengers. Cargo aircraft charter services can benefit passengers in several situations, such as during natural catastrophes or humanitarian crises, for the transport of crucial goods, for business trips, and for specialized services. As an example, the Bureau of Transportation Statistics, an agency operated by the US government, reported in March 2023 that American Airlines had witnessed a 30% increase in the count of passengers it carried, from 658 million in 2021 to 853 million in 2022. Hence, the growth of the cargo aircraft charter service market is being fueled by the rise in numbers of air travelers.

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Which Emerging Trends Are Transforming the Cargo Aircraft Charter Service Market in 2025?
The rise of product innovation stands out as a significant trend in the cargo aircraft charter service market. In order to maintain their market presence, major companies are committed to the development of inventive products. For example, Air Charter Service, a US-based aviation service company, launched ACS Time Critical in September 2022. This launch unified several time-sensitive cargo services. The team is equipped to offer specialized services such as onboard courier, next flight out and unified trucking solutions. They deliver a superior door-to-door service for clients' critical goods, besides providing immediate cargo aircraft charters.

What Are the Key Segments in the Cargo Aircraft Charter Service Market?
The cargo aircraft charter service market covered in this report is segmented -

1) By Type: Time Critical Cargo, Heavy And Outside Cargo, Dangerous Cargo, Animal Transportation, Other Types
2) By Aircraft Type: Light, Mid-Sized, Large
3) By Application: Private Use, Commercial Use

Subsegments:
1) By Time Critical Cargo: Express Delivery Services, Same-Day Delivery, Next-Day Delivery
2) By Heavy And Outside Cargo: Oversized Freight, Heavy Machinery Transportation, Project Cargo
3) By Dangerous Cargo: Hazardous Materials, Chemicals, Explosives
4) By Animal Transportation: Live Animal Shipping, Specialty Animal Transport
5) By Other Types: Perishable Goods, Special Event Cargo

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Who Are the Key Players Shaping the Cargo Aircraft Charter Service Market's Competitive Landscape?
Major companies operating in the cargo aircraft charter service market include United Parcel Service, DSV A/S, Atlas Air, Cathay Pacific Cargo, Cargo Partner, Vietjetair Cargo, Cargo Air Chartering, AYR Logistics Limited, CTS Logistics Group, ACC Aviation, Chapman Freeborn, LunaJets, Air Partner, Logistics Plus, Airports Council International, CSI Aviation Inc., Rhenus Logistics, Arcus-Air GmbH and Co. KG, Fliteline B.V., Stratos Jet Charters Inc., Prescott Support, Aviocharter, BitLux, Air Charter Services Pvt. Ltd., Airmacs Aviation, JALCARGO Charter Service, Euroasian Cargo Solutions, XELLZ Air Cargo Charter Services (XACS)

What Geographic Markets Are Powering Growth in the Cargo Aircraft Charter Service Market?
Asia-Pacific was the largest region in the cargo aircraft charter service market in 2024. The regions covered in the cargo aircraft charter service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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