Global Air Cargo Market To Reach At CAGR of 4.57% Over Period 2016-2020 Increase in number of freight forwarders

Air cargo services ship different kinds of goods by air to both international and domestic customers at competitive rates. Such services are provided by air cargo companies that arrange for a transfer, customs clearance, and tracking of consignments. The cargo is transported by passenger or charter aircraft. Air cargo companies or freight forwarders provide the following services:
Shipment of goods by airways
Door-to-door delivery of goods
Customs clearance
Tracking of cargo
Packaging of goods

Technavios analysts forecast the global air cargo market to grow at a CAGR of 4.57% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global air cargo market during the period 2016-2020. To calculate the market size, the report considers the volume of cargo in RTK and metric tons.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Air Cargo Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cargo Pacific
The Emirates Group
FedEx
Korean Air
UPS

Other prominent vendors
Airfrance KLM Martinair Cargo
British Airlines
Cargolux
China Airlines
Delta Airlines
Deutsche Post DHL
Etihad Airways
Lufthansa
Qatar Airways
Saudi Arabian Airlines
Singapore Airlines
TNT Express

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Market driver
Increase in e-commerce to boost air cargo movement
For a full, detailed list, view our report

Market challenge
Increase in reshoring and nearshoring manufacturing
For a full, detailed list, view our report

Market trend
Increase in number of freight forwarders
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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