#Air Freight Revenue Cargo Africa

[bscafrica]

BURUNDİ ECTN

BSC Africa offers various services as a provider of ECTN (Electronic Cargo Tracking Note) services. These services provide significant convenience for the organisation and tracking of documents in freight transport. The main services offered by BSC Africa are as follows:

ECTN Document Issuance: Fast and accurate issuance of ECTN documents required for cargo transport.

Cargo Tracking: The tools and technologies provided by the system for tracking shipments. This makes it easy to track where the cargo is and at what stage it is.

Customs Services: Helping to make customs clearance faster and more efficient in export and import processes.

Customer Support: Providing support to users for any questions and issues related to the system.

Reporting: Providing users with detailed reports on the status of their shipments, enabling a better decision-making process.

Training and Information: Provide training and information services to customers about the ECTN system and its documentation.

Information About Burundi Customs Duties

Customs duties in Burundi are determined by the country’s trade policies, import and export regulations. Here is general information about Burundi customs duties:

1. Types of Customs Duties:

Import Duties: These are taxes levied on products brought from abroad. These taxes vary depending on the type and value of the product. Value Added Tax (VAT): VAT is also applied during import transactions and is usually around 18 per cent.

2. Tax Rates:

Customs duties vary according to product categories. Some basic products may be subject to lower tax rates, while luxury or import-based products may be taxed at higher rates.

3. Customs Procedures:

For import procedures, the customs declaration must be filled out, the required documents must be submitted and the relevant taxes must be paid. Customs officers check the value and conformity of the products.

4. Free Trade Agreements:

Burundi may have signed free trade agreements with some countries, which may result in reduced or eliminated customs duties for some products.

5. Customs Recruitment and Inspections:

Customs inspections are strictly enforced to prevent illegal trade and increase tax revenues.

General Information About Shipping to Africa

1. Shipment Types:

Cargo Shipments: Suitable for large quantities of goods. Postal Services: Preferred for smaller or individual shipments. Express Services: Offers fast delivery for urgent shipments.

2. Customs Processes:

Documentation: Necessary documents (invoice, transport document, customs declaration, etc.) must be issued for import and export. Taxes: There may be additional costs such as customs duties and VAT during import.

3. Transport Options:

Air Freight: It is a fast but costly option. Sea Cargo: More economical but time consuming. Usually preferred for large loads.

4. Packaging:

It is important to pack the products to be sent safely. Waterproof, impact-resistant packaging should be preferred.

5. Local Legislation:

Each country has its own customs and trade regulations. Before shipping, it is important to check the laws of the destination country.

6. Insurance:

Insuring your shipments provides financial protection in case of loss or damage.

7. Service Providers:

You can work with global shipping companies (such as DHL, FedEx, UPS) or local logistics companies. It will be useful to compare the prices and services of different companies.

How to Buy ECTN

You can follow the steps below to receive ECTN (Electronic Cargo Tracking Note):

1. Select Service Provider:

You need to choose a service provider to obtain an ECTN document. Companies such as BSC Africa offer this service.

2. Prepare the Required Documents:

Invoice: Commercial invoice of the shipment. Transport Document: The transport document used for the shipment (e.g. bill of lading). Load List: A list containing details of the products being shipped. Company Documents: Exporter and importer company details.

3. Online Application:

Go to the website of your chosen service provider and fill out the ECTN application form. This is usually done online.

4. Verify Information:

Check that the information you have entered is correct. Incorrect information can cause delays or problems.

5. Pay Fees:

You may be required to pay a fee to receive an ECTN. Check the payment methods and make the required payment.

6. Get Your Document:

Once your application has been approved, you will receive your ECTN document via email or online system.

7. Customs Clearance:

Keep your ECTN document for your customs clearance.

The procedures of each country and service provider may differ, so it is important to carefully follow the instructions of the relevant service provider. If you have any questions, it is also helpful to contact your service provider directly.

HOW LONG DOES IT TAKE TO APPROVE BURUNDI ECTN?

The time for issuing the ECTN (Electronic Cargo Tracking Note) in Burundi usually ranges from 1 to 3 working days after the application is completed. However, this time may vary depending on the service provider applied to, the accuracy of the documents and the speed of customs processes. Factors Affecting the Time:

Completeness of Documents: Completeness and accuracy of the required documents speeds up the process. Service Provider: Processing times of different Burundi ECTN service providers may vary. Busy: During high shipping seasons or holidays, processing times may be longer.

[sanjeev3214]

Air Cargo Market Size, Share, Revenue & Industry Report 2030

Air Cargo Market Overview

The air cargo industry is anticipated to reach USD 130.19 billion by 2030, growing at a CAGR of 4.9% from 2024 to 2030. This sector is undergoing significant transformations, particularly with the adoption of advanced technologies like robotics, artificial intelligence (AI), Big Data, and the Internet of Things (IoT). These innovations are enhancing efficiency across various operations, from flight operations to revenue accounting and network planning.

Market Dynamics

Drivers:

E-commerce Growth: The surge in e-commerce, especially from regions like East Asia, is a primary driver. Airlines report that e-commerce now contributes over half of their revenue from this region.

Technological Advancements: The adoption of robotics, AI, and IoT in air cargo operations is streamlining processes and improving efficiency.

High-Value Shipments: Increasing transportation of high-value items like electronics, pharmaceuticals, and perishables is boosting market growth.

Restraints:

High Costs: The significant costs associated with air cargo services, including high crude oil prices, can hinder market growth.

Infrastructure Needs: Effective air cargo services require substantial infrastructure investments, which can be a barrier for some regions.

Technological Impact: The air cargo sector is increasingly leveraging advanced technologies. For instance, 68% of biotech products are temperature-sensitive, necessitating sophisticated cool-chain technologies. Companies like Pelican BioThermal are at the forefront, providing innovative cold-chain solutions essential for the biopharmaceutical sector.

Market Segmentation

By Type:

Airmail

Air Freight: Dominates the market due to its extensive use for high-value and time-sensitive shipments.

By Service:

Normal Service

Express Service: Holds a significant market share, driven by the need for quick delivery times in the e-commerce sector.

By Destination:

International Market

Domestic Market: The domestic segment led the market in 2018 and continues to be crucial due to rising internal trade activities.

By End-User:

Automotive

Consumer Electronics

Pharmaceutical and Healthcare: This sector holds the largest share due to the critical nature of timely and safe delivery.

Food and Beverages

Retail

Regional Analysis

Asia-Pacific: The fastest-growing region, driven by booming e-commerce in China, India, and Australia.

North America: The second-largest market, supported by advanced infrastructure and major industry players.

Europe: Holds a significant share due to well-established logistics networks and technological advancements.

Latin America and the Middle East & Africa: These regions have the least market share, constrained by inadequate infrastructure and lower disposable incomes.

Major Players in the Air Cargo Market

Qatar Airways (Qatar)

Etihad Airways (UAE)

International Consolidated Airlines Group, SA (UK)

All Nippon Airways Co., Ltd (Japan)

Deutsche Lufthansa AG (Germany)

Japan Airlines (Japan)

The Emirates Group (UAE)

Singapore Airlines (Singapore)

Cargolux (Luxembourg)

Korean Air (South Korea)

China Eastern Airlines Corporation Limited (China)

Cathay Pacific Airways Limited (Hong Kong)

DHL International GmbH (Germany)

United Parcel Service of America, Inc. (US)

FedEx (US)

Recent Developments

February 2022: AP Moller-Maersk acquired Pilot Freight Services for USD 1.6 billion, enhancing their air freight capabilities.

February 2022: Flexport placed an advanced purchase order for Natilus's cargo UAVs, highlighting a shift towards autonomous air freight technology.

Conclusion

The air cargo market is poised for significant growth, driven by technological advancements, the rise of e-commerce, and the increasing demand for quick, efficient delivery of high-value goods. Despite challenges like high costs and infrastructure needs, the sector is set to expand, with major players continuously innovating to meet global demands.

[themarketinsights]

Air Cargo Management Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand

Latest released the research study on Global Air Cargo Management Market, offers a detailed overview of the factors influencing the global business scope. Air Cargo Management Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Air Cargo Management The study covers emerging player’s data, including: competitive landscape, sales, revenue and global market share of top manufacturers are Cathay Pacific Services Ltd (China), UPS Airlines (United States), DHL Aviation (United Kingdom), Korean Air (South Korea), Lufthansa (Germany), China Airlines (Taiwan), Singapore Airlines (Singapore), Emirates SkyCargo (United Arab Emirates), Cargolux ( Luxembourg)

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Air Cargo Management Market Definition:

Air Cargo Management provides a complete and integrated IT solution that encompasses all the physical handling, documentation and messaging in real-time. Air cargo is any property carried or to be carried in an aircraft.  Air Cargo Management market is expected to grow in the future due to growth in population and outsourcing of manufacturing activities. Advancements in technology are driving innovations in the cargo management solutions market which include workforce management, integration of software for finance, and customer relationship management to meet end-to-end functioning. Additionally, rising demand from just-in-time manufacturers, who manufacture goods just before the loading of cargo onto the trucks, is another major growth factor for the air cargo market.

Market Trend:

Advancements in Technology Associated with Air Cargo Management

Market Drivers:

Growth in Population and Outsourcing of Manufacturing Activities

High Adoption  Due to Rising Air Cargo Volumes

Market Opportunities:

High Growth in Developing Countries

Integration of Big Data Analytics Solutions in Management Solutions

The Global Air Cargo Management Market segments and Market Data Break Down are illuminated below:

by Type (Air Freight, Air Mail), Application (Express Air Cargo, Regular Air Cargo), Services (Integration Service, Support and Maintenance Service, Consulting Service)

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 Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Air Cargo Management Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Air Cargo Management market

Chapter 2: Exclusive Summary – the basic information of the Air Cargo Management Market.

Chapter 3: Displayingthe Market Dynamics- Drivers, Trends and Challenges of the Air Cargo Management

Chapter 4: Presenting the Air Cargo Management Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying market size by Type, End User and Region 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Air Cargo Management market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries (2021-2026).

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Air Cargo Management Market is a valuable source of guidance for individuals and companies in decision framework.

Data Sources & Methodology The primary sources involves the industry experts from the Global Air Cargo Management Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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[anyawinget]

Middle East and Africa Air Cargo Market Analysis and Business Outlook to 2028

“The air cargo market in MEA is expected to reach US$ 27.82 billion by 2028 from US$ 17.70 billion in 2021. The market is estimated to grow at a CAGR of 6.7% from 2021 to 2028.”

The report titled “Middle East and Africa Air Cargo Market” has recently been added by Business Market Insights to induce a stronger and more effective business outlook. It provides associate in-depth analysis of the various attributes of the industry, like trends, policies, and customers operational in several geographies. Research analysts use quantitative as well as qualitative analytical techniques to supply users, business owners, and industry professionals with accurate and actionable data. The Middle East and Africa Air Cargo Market study provides comprehensive data which enhances the understanding, scope, and application during the forecast period.

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The Key Players in this market are:

·        Cargolux

·        Cathay Pacific Airways Limited

·        DHL International GmbH (Deutsche Post DHL Group)

·        Emirates SkyCargo

·        Etihad Cargo

·        FedEx Corporation

·        Lufthansa Cargo AG

·        United Parcel Service of America, Inc.

·        Zela Aviation The Air Charter Company

Analysis of the Top Market Players:

Competition may be a major subject in any marketing research analysis. This is a report provided with the help of the competitive analysis provided the players can simply study key strategies adopted by leading players in the Middle East and Africa Air Cargo market till 2030. Major and emerging players of the market are closely studied taking into consideration their market share, product portfolio, revenue, sales growth, and other significant factors. This will help players to become familiar with the moves of their top competitors within the market.

In this report, the market has been segmented on the basis of:

Based on types, the Middle East and Africa Air Cargo market is primarily split into:

·        Air Mail

·        Air Freight

Based on Applications the Middle East and Africa Air Cargo market covers:

·        Retail

·        Pharmaceutical and Healthcare

·        Food and Beverage

·        Consumer Electronics

·        Automotive

·        Others

Scope of Middle East and Africa Air Cargo Market:

Middle East and Africa Air Cargo Market report evaluates the growth rate and the market value based on market dynamics, growth inducing factors. Complete knowledge is based on the latest industry news, opportunities, and trends. The report contains a comprehensive market research and vendor landscape in additionally to a SWOT analysis of the key vendors.

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Key Highlights of the Middle East and Africa Air Cargo Market Research Report:

·        The report summarizes the Middle East and Africa Air Cargo Market by stating the basic product definition, applications, product scope, product price and value, supply and demand ratio, and market summery.

·        Competitive landscape of all leading key players together with their business strategies, approaches, and latest Middle East and Africa Air Cargo market movements.

·        It elements market feasibility investment, opportunities, growth factors, restraints, market risks, and Middle East and Africa Air Cargo business driving forces.

·        It performs a comprehensive study of emerging players within the Middle East and Africa Air Cargo business together with the present ones.

·        It accomplishes primary and secondary analysis and resources to estimate top products, market size, and industrial partnerships of Middle East and Africa Air Cargo business.

·        Middle East and Africa Air Cargo market report ends by articulating research findings, data sources, and results, list of dealers, sales channels, businesses, and distributors along with an appendix.

About Us:

Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

Contact Us:

If you have any questions about this report or would like further information, please contact us:

Contact person: Ankit Mathur

Email: sales@businessmarketinsights.com

Phone: +16467917070

[airfreightservices]

Results help pave optimism for air freight performance

Welcome to the Air Freight Service blog. Although we're still about a month away from the final global air cargo data, we've just presented some fairly optimistic results. Keeping with the trend of previous months, recorded a 4.3% increase in air cargo volumes, although the increase in profitability over the same time period was not as impressive at just 1.7%. Analysts attribute this result to a decrease in fuel costs, which led to some reduction in fuel surcharges. Apparently, port problems in the U.S. continue to affect the performance of the trans-Pacific market, which led the global sector. Air cargo revenues from Asia-Pacific to North America increased an impressive 17% for the month. Latin America and Africa also saw growth, with traffic up more than 7%, while in Europe, where the economic situation is generally unstable, revenues fell again by nearly 6% for the month. #airfreighter #airtransport #airtransit https://airfreight.services/results-help-pave-optimism-for-air-freight-performance/

[ken-research-market-research]

Belgium Freight Forwarding Market Outlook to 2025: Ken Research Buy Now The report titled “Belgium Freight Forwarding Market Outlook to 2025 by Mode of Freight (Road, Sea, Air), by Cargo Volume (Sea Freight, Air Freight, Road Freight), by International Flow Corridors (Europe, Asia, NAFTA, Middle East, Africa and Others) and by Domestic and International Freight…

[citizenrecord]

Global travel demand continues to recover, despite economic and geopolitical uncertainties

Global passenger demand for air travel remained strong in September, with both domestic and international traffic increasing, despite macroeconomic headwinds and geopolitical instability, the International Air Transport Association said.

Total traffic in September, measured in revenue passenger kilometres, grew 57 per cent compared to the same month in 2021, Iata's monthly report showed.

Globally, traffic is now at 73.8 per cent of September 2019 levels, before the Covid-19 pandemic, said the report, which was released on Monday.

“Even with economic and geopolitical uncertainties, the demand for air transport continues to recover ground,” said Willie Walsh, Iata's director general.

“The outlier is still China, with its pursuit of a zero-Covid strategy keeping borders largely closed.”

Airlines' domestic traffic for September was up 6.9 per cent compared to the year-ago period. Total September 2022 domestic traffic was at 81 per cent of pre-Covid levels.

International traffic climbed 122.2 per cent compared with September 2021, reaching 69.9 per cent of September 2019 levels. All markets reported strong growth, led by Asia-Pacific.

“Asia-Pacific, which, despite China’s dismal performance, posted a 464.8 per cent increase for international traffic compared to the year-ago period,” Mr Walsh said.

Airlines in the Middle East recorded a 149.7 per cent year-on-year rise in traffic in September. International traffic now sits 16.8 per cent below pre-Covid figures.

Capacity in September increased 63.5 per cent from the year-ago period. Load factors, a measure of how well airlines fill available seats, climbed 27.6 percentage points to 80 per cent.

“Seasonally adjusted traffic figures continue to suggest a strong upwards trend, while traffic between the Middle East and North America and Europe continue to outperform,” Iata said.

For airlines based in Africa, September was another month of steady recovery, with 90.5 per cent year-on-year growth in traffic, the report said.

Forward bookings are looking “resilient” globally, with a recovery in international bookings closing in on domestic levels, Iata said.

“Overall, forward bookings continue to give an optimistic outlook despite the macroeconomic pressures on the industry and passengers,” it said.

The lifting of travel restrictions in Asia-Pacific has been met positively by consumers, with international bookings to key tourist destinations in the region increasing as a result, Iata said.

However, domestic bookings in the region have not seen broad changes in September, apart from the renewed restrictions in China.

“While demand for domestic travel globally has been resilient, bookings have been largely trending sideways in recent months. As a result, international bookings closed in once again on domestic as demand for international travel is enabled by easier travel policies,” Iata said.

Strong demand is helping the industry cope with high fuel prices, but travellers want simpler and more convenient procedures after nearly three years of travel complexity due to the pandemic, Mr Walsh said.

On the other hand, global air cargo demand softened in September, with volumes below the “exceptional performance” of 2021 as major economies contract and new export orders drop, Iata said.

Global freight demand, measured in cargo tonne-kilometres, fell 10.6 per cent compared to September 2021 but continued to track at near pre-pandemic levels.

Capacity was 2.4 per cent above September 2021 but still 7.4 per cent below September 2019 levels.

“At the consumer level, with travel restrictions lifting post-pandemic, people are likely to spend more on vacation travel and less on e-commerce. And at the macro level, increasing recession warnings are likely to have a negative impact on the global flows of goods and services, balanced slightly by a stabilisation of oil prices,” Mr Walsh said.

“Against this backdrop, air cargo is bearing up well,” he added, noting that a slowdown in capacity growth shows the flexibility the industry has in adjusting to economic developments.

[marketnewsengine]

Air Cargo & Freight Logistics Market Size, Share, Growth Opportunity and Trends by Growing CAGR till 2026

The global Air Cargo & Freight Logistics Market report offers a comprehensive assessment of the market for the forecast years. The report contains several segments and an analysis of the market trends and growth factors that are playing a vital role in the market. These factors encompass the drivers, restraints, and opportunities. This globe industry offers an outlook on the strategic development of the market in terms of revenue profits over the forecast period 2021-2026.

The key market players for the global Air Cargo & Freight Logistics market are listed below:

Bollore Group SDV

FedExoration

China Airlines

Cathay Pacific Airlines

Expeditors International

CEVA Logistics

Kuehne + Nagel International

Deutsche Post DHL

DB Schenker

Korean Airlines

Deutsche Lufthansa

Others

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The Global Air Cargo & Freight Logistics Market Report is equipped with market data from 2016 to 2026. The report gives a market overview covering key drivers and risk factors. The report is bifurcated by top global manufactures mentioning sales, revenue, and prices as applicable. It also evaluates the competitive scenario of the leading players. The report expands to cover regional market data along with type and application. The report forecasts sales and revenue from 2021 to 2026. The detailed sales channel is also covered in the study.

COVID-19 Impact Analysis on Air Cargo & Freight Logistics Market

The global pandemic COVID-19 has affected the Air Cargo & Freight Logistics market directly or indirectly. This study covers a separate section giving an explicitly clear understanding of the aftereffects of this pandemic. The detailed study highlights the probable outcomes of this global crisis on the Air Cargo & Freight Logistics industry. The impact study on production, supply-demand, and sales provides a holistic approach to the future.

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Why Purchase this Report?

A robust research methodology has been followed to collect data for the report. Data, thus collected passes through multiple quality checks to ensure the best quality is served.

The report gives a holistic view of the competitive scenario of the Air Cargo & Freight Logistics market

The latest product launches along with technological changes and development are covered in the report.

The data analysis in the report helps in understanding the anticipated Air Cargo & Freight Logistics market dynamics from 2021 to 2026.

DecisionDatabases has a vast repository of data, therefore, we can accommodate customized requirements also.

The graphs, tables and pie charts, and info-graphics covered in the report will help in a better understanding of the report.

The market drivers, restraints, upcoming opportunities, and anticipated restraints cited in the report will assist in making an informed decision. 

To better understand the market scenario, the Air Cargo & Freight Logistics market is segmented as below:

By Types:

Domestic

International

By Applications:

Food

Industrial Materials

Equipment

Other

By Regions:

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of L.A.)

The Middle East and Africa (Turkey, GCC, Rest of Middle East)

The content of the study subjects includes a total of 14 chapters:

Chapter 1: To describe Air Cargo & Freight Logistics product scope, market overview, market opportunities, market driving force, and market risks. Chapter 2: To profile the top manufacturers of Air Cargo & Freight Logistics, with price, sales, revenue, and global market share of Air Cargo & Freight Logistics in 2018 and 2019. Chapter 3: The Air Cargo & Freight Logistics competitive situation, sales, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4: The Air Cargo & Freight Logistics breakdown data are shown at the regional level, to show the sales, revenue, and growth by region, from 2015 to 2020. Chapter 5 and 6: To segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020. Chapter 7, 8, 9, 10 & 11: To break the sales data at the country level, with sales, revenue, and market share for key countries in the world, from 2016 to 2021 and Air Cargo & Freight Logistics market forecast, by regions, type, and application, with sales and revenue, from 2021 to 2026. Chapter 12, 13 & 14: To describe Air Cargo & Freight Logistics sales channel, distributors, customers, research findings and conclusion, appendix, and data source.

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[orbismarketreports]

Air Cargos market 2021-2028: DHL International GmbHLufthansa Cargo AGFedExEmirates SkyCargoCargoluxCathay Pacific AirwaysUnited Parcel Service of America, Inc.ANA CargoEtihadCargoZela Aviation The Air Charter Company

This detailed summary and report documentation of the global Air Cargo market includes market size, market segmentation, market position, regional and national market sizes, competitive economy, sales research, optimization of the value chain, trade policy, the impact of the global players, latest trends, market strategic growth, optimization of the value chain, and analysis of opportunity.

Market Segmentation Assessment The study presents market volumes, execution, the share of the market, product growth trends, and qualitative and quantitative analysis to estimate micro &macro-economic factors that affect growth roadmap. The global demand in Air Cargo market was fully anticipated over the forecast timeframe. The study includes recent industry developments such as growth factors, restrictions, and new market news.

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Vendor Profiling: Global Air Cargo Market, 2020-28:

DHL International GmbHLufthansa Cargo AGFedExEmirates SkyCargoCargoluxCathay Pacific AirwaysUnited Parcel Service of America

Inc.ANA CargoEtihadCargoZela Aviation The Air Charter Company

The global market share analysis offers valuable insights into international markets, such as trends for development, competitive environmental assessment, and the regions highest growth status. Regulation and development ideas and an overview of manufacturing processes and price structures are provided.

Analysis by Type:

by Type (Air Mail and Air Freight); Service (Express and Regular); and End User (Retail

Pharmaceutical & Healthcare

Food & Beverages

Consumer Electronics

and Automotive)

Analysis by Application:

Application I

Application II

Application III

Regional Analysis: The report evaluates the proliferation of the Air Cargo market in the nations like France, Italy USA, Japan, Mexico, Brazil, Canada, Russia, Germany, U.K, South Korea, and Southeast Asia. The report also undergoes meticulous evaluation of the regions such as Middle East & Africa, Europe North, America, Latin America, and Asia Pacific.

– North America (U.S., Canada, Mexico) – Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS) – Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific) – Latin America (Brazil, Rest of L.A.) – Middle East and Africa (Turkey, GCC, Rest of Middle East)

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The report highlights the parties that work along the supply chain, intellectual property rights, technical information of the products and services. The study aims to provide information about the market that is easily not accessible, and understandable information that helps the market participants make informed decisions. The study identifies the untapped avenues, and factors shaping the revenue potential of the Air Cargo market. The report provides a detailed analysis of the demand and consumption patterns of the customers in the global Air Cargo market provides region-wise assessment for a detailed analysis.

Global Air Cargo Market Key Highlights • Compound Annual Growth Rate (CAGR) of the Air Cargo market during the forecast period 2022-2027 estimating the return on investments. • Detailed analysis of the influencing factors that will assist the global Air Cargo participants to grow in the next five years with its full potential • Estimation of the global Air Cargo market size, market share by value and by volume, and contribution of the parent market in the global Air Cargo market. • Consumer behavior with respect to current and upcoming trends. • Analysis of the competitive landscape and insights on the product portfolios, technology integration boosting growth, and new product launches by the prominent vendors in the Air Cargo market.

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The business report also tracks competition data such as fusions, alliances, and market growth targets. This report also gives a better understanding about the impact of this change on both consumers and society as well. Detailed information on the product portfolios and pricing patterns of the leading players allows the existing and new participants in the Air Cargo market to squeeze cost prices.

This study addresses further the fundamental perspectives on the business economy, high-growth markets, countries with high growth, and industry variations in business factors, and limitations. Further, the latest report provides a strategic evaluation and a thorough analysis of the industry, strategies, products, and development capabilities of global Air Cargo business leaders.

Table of Contents Chapter One: Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Players Covered: Ranking by Air Cargo Revenue 1.4 Market Analysis by Type 1.4.1 Global Air Cargo Market Size Growth Rate by Type: 2020 VS 2028 1.5 Market by Application 1.5.1 Global Air Cargo Market Share by Application: 2020 VS 2028 1.6 Study Objectives 1.7 Years Considered

Chapter Two: Global Growth Trends by Regions 2.1 Air Cargo Market Perspective (2018-2028) 2.2 Air Cargo Growth Trends by Regions 2.2.1 Air Cargo Market Size by Regions: 2018 VS 2020 VS 2028 2.2.2 Air Cargo Historic Market Share by Regions (2018-2020) 2.2.3 Air Cargo Forecasted Market Size by Regions (2021-2028) 2.3 Industry Trends and Growth Strategy 2.3.1 Market Top Trends 2.3.2 Market Drivers 2.3.3 Market Challenges 2.3.4 Porter’s Five Forces Analysis 2.3.5 Air Cargo Market Growth Strategy 2.3.6 Primary Interviews with Key Air Cargo Players (Opinion Leaders)

Chapter Three: Competition Landscape by Key Players 3.1 Global Top Air Cargo Players by Market Size 3.1.1 Global Top Air Cargo Players by Revenue (2018-2020) 3.1.2 Global Air Cargo Revenue Market Share by Players (2018-2020) 3.1.3 Global Air Cargo Market Share by Company Type 3.2 Global Air Cargo Market Concentration Ratio 3.2.1 Global Air Cargo Market Concentration Ratio (CRChapter Five: and HHI) 3.2.2 Global Top Chapter Ten: and Top 5 Companies by Air Cargo Revenue in 2020 3.3 Air Cargo Key Players Head office and Area Served 3.4 Key Players Air Cargo Product Solution and Service 3.5 Date of Enter into Air Cargo Market 3.6 Mergers & Acquisitions, Expansion Plans

The global Air Cargo market research study curated in the report provides information about the current trends and future market dynamics to the market participants. The report extensively analyzes the significant market factors such as current and future trends, drivers, risks and opportunities, and major developments prevalent in the Air Cargo market.

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Investments In Airport Infrastructure To Enhance Operating Efficiency To Propel Ground Support Equipment Market Growth

The report Ground Support Equipment Market is projected to grow from USD 4.0 billion in 2020 to USD 10.2 billion by 2025, at a CAGR of 20.7% from 2020 to 2025. The growth of the market across the globe can be attributed to rising demand for electric ground support equipment, increasing warehouse operations at airports, and ongoing expansions of airports to cater to the rising global air passenger traffic.

Browse 353 market data Tables and 57 Figures spread through 347 Pages and in-depth TOC on "Ground Support Equipment Market - Global Forecast to 2025"

Based on type, the ground support equipment market is projected to be led by the mobile segment from 2020 to 2025. Mobile GSE refer to equipment that can be moved around airports. They are not restricted to one installed location and can be used to service aircraft parked at gates that are not connected to airport terminals. Mobile GSE usually comprise cargo loading equipment and ramp service equipment. The rise in capacity expansions of existing airports has led to increased aircraft and cargo movements, which eventually have contributed to increased demand for mobile GSE.

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The commercial segment is projected to lead the ground support equipment market from 2020 to 2025.

Based on platform, the commercial segment is projected to lead the ground support equipment market during the forecast period. The commercial segment has been classified into passenger services, cargo services, and aircraft services. These services form a bulk of ground support activities required by aircraft. These services are also called as ramp services. The growth of the commercial segment of the market can be attributed to the rise in demand for electric ground support equipment due to the increased adoption of environment-friendly equipment at airports to carry out different operations.

The electric segment is projected to grow at the highest CAGR during the forecast period.

Based on power source, the electric segment of the ground support equipment market is projected to grow at the highest CAGR during the forecast period. Airports are increasing the use of electric ground support equipment to reduce their operating costs and the emissions of harmful gases. The rising adoption of the green airports concept in emerging economies such as India and China is fueling the demand for electric ground support equipment.

The conventional/manned GSE segment is projected to lead the ground support equipment market from 2020 to 2025.

Based on mode of operation, conventional/manned GSE segment is projected to lead the ground support equipment market from 2020 to 2025. Conventional/manned GSE such as ground power units, air starter units, air conditioning units, baggage tractors, cargo loaders, passenger buses/shuttles, passenger stairs, and potable & lavatory trucks are operated by ground equipment operators. Their duties include aircraft fueling, aircraft marshalling, loading & unloading cargo and passenger baggage, overseeing the movement of passengers from airport gates to the aircraft, and preparing aircraft line maintenance tools and equipment. The rise in air traffic, freight transportation, and passenger movement will drive the demand for conventional/manned GSE.

The equipment segment is projected to lead the ground support equipment market from 2020 to 2025.

Based on the point of sale, the equipment segment is projected to lead the ground support equipment market from 2020 to 2025. Increased demand for new ground support equipment at brownfield airports such as the Tacoma Airport, the Helsinki Airport, and the Aberdeen International Airport is expected to fuel the growth of this market across the globe. The increased demand from greenfield and brownfield projects for airports is fueling the demand for new equipment and the replacement of old or traditional/conventional GSE.

Regional Outlook

The North American and Asia Pacific regions are projected to be high growth potential markets for the ground support equipment during the forecast period.

The ground support equipment market in the North American region is expected to witness substantial growth during the forecast period due to increased demand for ground support equipment from airports of these regions.

Several states in the US have passed regulations to reduce emissions from airports completely. As such, airports in these countries are converting their ground support equipment to electric ground support equipment. States such as California and Seattle have already implemented these regulations and airports in these states have overcome the barriers associated with inadequate infrastructure and input power.

The rapid growth of the ground support equipment market in the Asia Pacific region can be attributed to rise in the number of air passenger and freight movements, which lead to the requirement for the upgradation and expansion of airports. For instance, in December 2018, the Civil Aviation Administration of China (CAAC) announced the construction of 216 new airports by 2035 to accommodate the growing number of air passengers.

Key Companies Outlook

Major players in the ground support equipment market are JBT Corporation (US), Teleflex Lionel-Dupont (TLD) (France), Mallaghan (UK), Tug Technologies Corporation (Textron GSE) (US), Tronair (US), MULAG Fahrzeugwerk (Germany), Guangtai (China), Rheinmetall AG (Germany), ITW GSE (Denmark), and Cavotec SA (Switzerland). These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific and other regions.

Weihai Guangtai Airport Equipment Co., Ltd. is one of the global leaders offering GPUs, solid-state power units, tow tractors, passenger boarding stairs, lavatory service vehicles, catering trucks, and container/pallet loaders. Major products offered by the company account for a share of 40% to 60% of the ground support equipment market in China. Its products are exported to over 60 countries in Asia, Europe, South America, and Oceania & Africa. In 2018, Weihai Guangtai Airport Equipment Co., Ltd. and China Aviation Research Institute signed a strategic cooperation framework agreement for the implementation of a civil-military integration strategy.

Tug Technologies Corporation (Textron GSE) is one of the leading manufacturers and distributors of ground support equipment. The company has a strong distribution network with its distributors present in the Middle East, Southeast Asia, Europe, Africa, and North America. In 2018, Textron Ground Support Equipment (Tug Technologies) launched a new TUG ALPHA 4, the first pushback in the new ALPHA series of conventional pushbacks. The TUG ALPHA 4 is ideal for moving aircraft up to the Airbus A340 and Boeing 747, with a maximum gross vehicle weight of 120,000 pounds (60 tons) and a maximum drawbar pull of 72,000 pounds (36 tons).

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[sandlerresearch]

Aerospace Bearings Market by Type (Ball Bearing, Roller Bearing, Plain Bearing), Material (Metal, Metal Polymer & Engineered Plastic, Fiber Reinforced Plastic, Ceramic), Application, Platform, Sales Channel, Region - Global Forecast to 2026 published on

https://www.sandlerresearch.org/aerospace-bearings-market-by-type-ball-bearing-roller-bearing-plain-bearing-material-metal-metal-polymer-engineered-plastic-fiber-reinforced-plastic-ceramic-application-platform-sales-c.html

Aerospace Bearings Market by Type (Ball Bearing, Roller Bearing, Plain Bearing), Material (Metal, Metal Polymer & Engineered Plastic, Fiber Reinforced Plastic, Ceramic), Application, Platform, Sales Channel, Region - Global Forecast to 2026

The aerospace bearings market is projected to grow from USD 9.6 billion in 2021 to USD 14.7 billion by 2026, at a CAGR of 8.9% from 2021 to 2026. The growth of the aerospace bearings market can be attributed to the expansion and growth of the aviation industry in developing countries. Rising global air passenger traffic and increased aircraft movements boost the sales of aerospace bearings. Companies operating in this market focus on fuel-efficient and lightweight solutions and are investing more in material technology to develop ceramic and hybrid bearings.

The sudden outbreak of COVID-19 has taken a toll on various industrial sectors, with aviation being one of the worst-hit. Nationwide lockdowns because of the pandemic impacted all regions, with air travel restrictions impacting domestic and international flights. Significant slowdowns are also being witnessed in the transportation of non-essential goods and distribution chains, shrinking industrial activities. This has the potential to impact the sales of various types of aircraft as well as in MRO demand for components such as bearings.

Due to the slowdown in world economic growth, the aerospace bearings market has also suffered a certain impact. The COVID-19 crisis is negatively impacting most major players operating in the aerospace bearings market. Emerging regions such as Africa and Latin America suffered major hit due to COVID19. In Africa, about 5 million of the continent’s 7 million aerospace and tourism industry-associated jobs have been lost in 2020, in addition to as far as $15 billion in revenue, half of this to African airlines. Lockdown restrictions and low demand led to production cut across aerospace bearing manufacturers. The 2020 aerospace bearing market is estimated to register a significant decline in market value. The global aerospace bearing market is projected to register steady growth from 2022 as tailwinds of the pandemic recede.

Based on type, the ball bearing segment is held the leading share of the aerospace bearings market during the forecast period.

Based on type, the aerospace bearings market has been segmented into ball bearing, roller bearing, plain bearing, and others. Bearings are devices used to enable rotational or linear movement while reducing friction and handling stress. Resembling wheels, bearings literally enable devices to roll, which reduces the friction between the surface of the bearings and the surface they are rolling over. Collectively ball bearings & roller bearings together held the majority share of the aerospace bearings market in 2020 as they find applications in multiple areas ranging from engines and cockpit controls to landing gears and aerostructures.

Based on material type, the metal segment is projected to lead the aerospace bearings market from 2021 to 2026.

Based on material type, the aerospace bearings market has been segmented base on material into metal, metal polymer & engineered plastic, fiber reinforced plastic, and ceramic. the metal segment held the largest share of the aerospace bearings market in 2020. Traditionally bearings are made from stainless steel metal due to the cost-effective nature and durability of the metal. However, the fiber reinforced composite and ceramic segments are anticipated to record high growth during the forecast period due to the increasing demand for lightweight and environmentally friendly products.

Based on application, the cockpit control and aerostructure segment is projected to grow at a high CAGR during the forecast period.

Based on application, the aerospace bearings market is segmented under landing gear, cockpit control, aerostructure,aircraft systems, engine & APU, door and aircraft interiors.  The cockpit control and aerostructure segment is projected to record high growth during the forecast period. The aerostructure refers to the body of an aircraft. The aerostructure is required to have an optimal proportion of the weight of the vehicle and payload. It needs to be strong enough to withstand exceptional circumstances in which it must operate, and durability is an important factor. Track roller bearings are typically used in aircraft structures. Track roller bearings are bearings with suitable external outside rolling rings designed to run along profiles or cams.

Based on platform, the fixed wing segment is projected to grow at the highest CAGR during the forecast period.

Based on platform, the aerospace bearings market has been segmented into fixed wing, rotary wing, and unmanned aerial vehicle. The fixed wing segment is projected to record highest growth during the forecast period owing to demand for new fixed wing aircraft is expected to increase in the coming years due to the growing air passenger traffic and replacement of aging aircraft. Asia Pacific and the Middle East are expected to witness high growth in the aviation industry on account of increasing disposable income in these regions.

Based on sales channel, the aftermarket segment held the majority share of the aerospace bearings market from 2021 to 2026.

Based on sales channel, the aerospace bearings market has been segmented into OEM and aftermarket. In 2020, Aftermarket segment accounted for the dominating share of the global aerospace bearings market. Increasing safety regulations is propelling the maintenance checks of the aircrafts. Bearings which have wear & tear nature contribute to high replacement demand.

The Asia Pacific and Middle East regions are projected to be high growth potential markets for the aerospace bearings market during the forecast period.

The aerospace bearings market in the Middle East region is expected to witness substantial growth and register the highest CAGR during the forecast period. The Middle East had increased its share of cargo air traffic from 3% in 1999 to 14% in 2020. The freight fleets and transport carriers are anticipated to record exponential growth in the region, thereby boosting the aerospace bearings market. The general & business aviation industry in the Middle East is one of the most developed in the world. The presence of many high-net-worth individuals has boosted the demand for business jets and light aircraft.

The break-up of the profiles of primary participants in the aerospace bearings market is as follows:

By Company Type: Tier 1–35%; Tier 2–45%; and Tier 3–20%

By Designation: C Level Executives–35%; Directors–25%; and Others–40%

By Region: North America–45%; Europe–20%; Asia Pacific–30%; and Rest of the World­–5%

Major players in the aerospace bearings market SKF (Sweden), JTEKT Corporation (Japan), Schaeffler AG (Germany), The Timken Company (US), RBC Bearings Inc. (US), and NSK Ltd. (Japan). These companies have strong distribution networks and OEM partnership with aircrafts and helicopter manufacturers across North America, Europe, Asia Pacific and other regions.

Research Coverage

This research report categorizes the aerospace bearings market on the basis of Type (Ball Bearing, Roller Bearing, Plain Bearing, Others), Material (Metal, Metal Polymer & Engineered Plastic, Fiber Reinforced Plastic, Ceramic), Application (Landing  Gear, Cockpit Control, Aerostructure, Aircarft Systems, Engine & Apu, Doors, Aircraft Interiors), Platform (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicle), Sales Channel (Oem, Aftermarket),

These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East, Latin America, and Africa.

The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the aerospace bearings market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; contracts, joint ventures, partnerships & agreements, acquisitions, and new product launches associated with the aerospace bearings market. Competitive analysis of upcoming startups in the aerospace bearings market ecosystem is covered in this report.

Reasons to Buy this Report

This report is expected to help market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall aerospace bearings market and its segments. This study is also expected to provide region wise information about the end users wherein aerospace bearings is used. This report aims at helping the stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. This report is also expected to help them understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on aerospace bearings offered by the top players in the market

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aerospace bearings market

Market Development: Comprehensive information about lucrative markets – the report analyzes the aerospace bearings market across varied regions

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, in the aerospace bearings market

Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the aerospace bearings market

[ken-research-market-research]

Nigeria Freight Forwarding Market is Driven by Increasing Oil Exports, Infrastructural Investment, and Boost in Foreign Trade: Ken Research Buy Now “On the back of the new Standard Gauge Railway and improving foreign trade ties, the logistics sector in Nigeria experienced high growth in 2018.”

[leonfrancisblog]

Global Cargo Shipping Market Trends, Growth, Opportunities, Market Size Forecast to 2027|Key Competitors CMA-CGM SA, A.P. Moller-Maersk Group, China COSCO Holdings Company Limited, Mediterranean Shipping Company S.A., Panalpina World Transport (Holding) Ltd., DHL Global Forwarding, Nippon Express Co., Ltd

Cargo shipping market is expected to reach USD 17.80 billion by 2027 witnessing market growth at a rate of 3.8% in the forecast period of 2020 to 2027. Data Bridge Market Research report on cargo shipping market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth. Cargo refers to the goods which are transported from one place to another either by sea, land or air. There are different weight limitations of cargo depending on the mode of transport. The bulkiest of goods are transported through sea since they are transported through freighters which have huge load capacities. However, they take time and faster modes of transport include flights or long distance trucks.

Growing investments for development of infrastructure, rapid globalization and demographic changes, rising global seaborne trades and increasing imports and exports of various types of heavy and light weight cargo are the factors driving the growth of global cargo shipping market. Increasing global geopolitics and the time taken to deliver cargo shipment are the factors restraining the growth of global cargo shipping market. Signing of free trade agreements (FTA) such as ASEAN free trade area (AFTA), North American free trade agreement (NAFTA) and trans-pacific strategic economic partnership (TPSEP) among various countries and further economic development are the opportunities for global cargo shipping market. Stringent environmental and safety regulations and increasing freight rates are the challenges for global cargo shipping market.

Global Cargo Shipping Market, By Cargo Type (Container Cargo, Bulk Cargo, General Cargo and Oil & Gas), End User (Food & Beverages, Manufacturing, Oil & Gas, Metal Ores and Electrical & Electronics), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027 This cargo shipping market provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on cargo shipping market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Global Cargo Shipping Market Country Level Analysis:

Global cargo shipping market is analysed and market size, volume information is provided by country, cargo type and end user as referenced above.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

The countries covered in the cargo shipping market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).Asia-Pacific will dominate the cargo shipping market due to rapid globalization as well as presence of major ports in countries such as China and Japan namely Singapore Port & Keihin Port, the Shanghai Port and Shenzhen Port among others. Further, government initiatives to boost cargo trade and investments in infrastructure are the factors which are further boosting the growth in the region.

Cargo Shipping Market Scope and Market Size:

The cargo shipping market is segmented on the basis of cargo type and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of cargo type, the cargo shipping market has been segmented as container cargo, bulk cargo, general cargo and oil & gas. Container cargo can be further segmented into 20 foot (6.08 m) twenty-foot equivalent unit (TEU), 40 foot (12.8 m) forty-foot equivalent unit (FEU), 45 foot (13.7m) and 48 foot (14.6m). Bulk cargo can be further segmented into commodity, materials and oil. General cargo can be further segmented into solids and raw materials.Cargo shipping market has also been segmented on the basis of end user into food & beverages, manufacturing, oil & gas, metal ores and electrical & electronics.

The major players covered in the cargo shipping market report are CMA-CGM SA, A.P. Moller-Maersk Group, China COSCO Holdings Company Limited, Mediterranean Shipping Company S.A., Panalpina World Transport (Holding) Ltd., DHL Global Forwarding, Nippon Express Co., Ltd, Hapag-Lloyd AG, Ceva Logistics, Deutsche Bahn AG, Maersk and DB Schenker among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

In October 2020, Yang Ming Marine Transport has opened a depot at Port Klang in Malaysia as a part of joint venture with Taiwan Foundation International. This joint venture was named Jambatan Merah Formosa Depot which will carry out container maintenance and repair services while also provide inland empty containers. The establishment of this port will reduce the expenses of the company while increasing profits as it integrates both downstream and midstream business.

In October 2020, International Container Terminal Services, Inc. of Cameroon has allowed Kribi Multipurpose Terminal (KMT) to start its commercial operations. It has been specifically built to handle multiple shipping line services including heavy-lift cargo, dry bulk, forestry products and other cargoes. This contract has a total duration of 25 years which is divided in two phases. This port is strategically positioned in the middle of Gulf of Guinea which is surrounded by-Kribi Industrial Area.

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Reasons for buying this Cargo Shipping Market Report

Laser Capture Cargo Shipping Market report aids in understanding the crucial product segments and their perspective.

Initial graphics and exemplified that a SWOT evaluation of large sections supplied from the Laser Capture Cargo Shipping Market industry.

Even the Laser Capture Cargo Shipping Market economy provides pin line evaluation of changing competition dynamics and retains you facing opponents.

This report provides a more rapid standpoint on various driving facets or controlling Medical Robotic System promote advantage.

This worldwide Locomotive report provides a pinpoint test for shifting dynamics that are competitive.

The key questions answered in this report:

What will be the Market Size and Growth Rate in the forecast year?

What is the Key Factors driving Laser Cargo Shipping Market?    

What are the Risks and Challenges in front of the market?

Who are the Key Vendors in Cargo Shipping Market?  

What are the Trending Factors influencing the market shares?

What is the Key Outcomes of Porter’s five forces model

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[phgq]

Asia-Pacific countries dominate Agility emerging markets index

#PHnews: Asia-Pacific countries dominate Agility emerging markets index

SINGAPORE – Asia-Pacific nations lead all emerging market regions with China, India and Indonesia being the world’s top emerging markets in the 12th annual Agility Emerging Markets Logistics Index, a broad gauge of competitiveness based on logistics strength and business fundamentals.

 The Index ranks 50 countries by factors that make them attractive to logistics providers, freight forwarders, shipping lines, air cargo carriers and distributors. 

 Among Asean countries, Vietnam climbs three spots to No. 8 overall. Indonesia (3), Malaysia (5) and Thailand (11) are strong; the Philippines rises one spot to No. 21.

 China and Vietnam were virtually alone in the world in 2020, posting positive gross domestic product (GDP) growth for the year after being hit early by economic fallout from the coronavirus disease 2019 (Covid-19) pandemic.

 Early 2020 supply disruptions in China prompted some to question whether it would experience an exodus of manufacturing by multinationals seeking to diversify sourcing and production. 

 But the 1,200 logistics industry executives surveyed for Agility’s Index indicate little desire to uproot from China or other markets, preferring by a two-to-one margin to protect their supply chains by accelerating adoption of digital tools and technology (41.3 percent) as opposed to pursuing multi-shoring, near-shoring or reshoring strategies (21.9 percent).

 Of those who would consider moving out of China, more respondents chose Vietnam as a preferred production hub than any other country (19.6 percent). Other Asian markets -- India (17.4 percent), Indonesia (12.4 percent), Thailand (10.3 percent) and Malaysia -- are the next leading choices. Only 7.8 percent of industry executives say relocating production from China would mean reshoring to their home countries.

 Asia-Pacific is the region that more respondents believe will recover from the global pandemic by the end of 2021. Of those surveyed, 55.9 percent predict an Asia-Pacific economic recovery in 2021; 53.1 percent believe Europe will rebound.

 “Asia Pacific experienced great turmoil in the beginning of 2020 due to the Covid-19 crisis, but it has rebounded strongly, led by the powerful performance of China and Vietnam. The region is on track for a full recovery this year,” says Andy Vargoczky, Senior Vice President of Sales & Marketing Asia-Pacific, Agility GIL. “India, Indonesia, Malaysia, Thailand and Vietnam continue to improve their supply chain infrastructure and capabilities, showing why they are leaders in domestic and international logistics.”

 Across 50 countries, China, India and Indonesia rank highest in the Index for domestic logistics. China, India and Mexico are on top for international logistics with Vietnam 4th, Indonesia 5th, and Malaysia 7th. UAE, Malaysia and Saudi Arabia have the best business fundamentals.

 2021 Index and Survey Highlights

 ● While total cost is driving overall shifts in production supply chains, today low-cost labor is barely a consideration for emerging market investment -- with only 2.2 percent of industry executives saying it’s important. Executives say the most important factors are government bureaucracy and regulation (25.8 percent); infrastructure quality (14.1 percent); and supply of skilled labor (8.0 percent). As companies examine new production locations, they say their biggest concerns are inadequate infrastructure (14.5 percent) and additional cost (13.5 percent).

 ● Of the executives surveyed, 19.1 percent say 2020 sales decreased as a result of the pandemic. But only 9.4 percent say Covid-related employee safety measures have decreased efficiency.

 ● The sustainability movement has momentum. More than a quarter (26.9 percent) of executives surveyed say their companies are boosting implementation of environmentally sustainable practices in the wake of the pandemic. Another 45.2 percent say their plans are unchanged, suggesting they have no intention of retreating from sustainability commitments.

 ● The most competitive emerging markets are manufacturing powerhouses in Asia and the business-friendly economies in the Gulf region. From Asia, China (1), India (2), Indonesia (3), Malaysia (5) and Vietnam (8) made the top 10. Gulf nations United Arab Emirates (4), Saudi Arabia (6), Qatar (9) also ranked in the top 10. Mexico came in at 7th; Turkey was No. 10.

 ● In Latin America, Mexico is the strongest emerging market, ranking 7th overall. Argentina (36) and Venezuela (50) continue to be plagued by chronic economic dysfunction. Notably, though, eight countries in Latin America improved their business fundamentals: Uruguay, Mexico, Peru, Colombia, Ecuador, Brazil, Paraguay, and Bolivia. The region’s best business climate is in Chile, which ranks 5th out of 50 countries in that category.

 ● Nigeria improved its competitiveness more than any country in the 2021 Index, moving up five spots to No. 30, the highest climb for any market in Sub-Saharan Africa in the 12 years of the Index. Nigeria improved its relative position in all three areas of the Index: business climate, international logistics and domestic logistics.

 ● The countries improving their domestic logistics strengths the most were Malaysia, Nigeria, Vietnam, Iran, Uruguay, Myanmar and Cambodia. The biggest strides in international logistics came from Morocco, Ukraine, Kenya, Myanmar and Paraguay.

 Transport Intelligence (Ti), a leading analysis and research firm for the logistics industry, compiled the Index.

 John Manners-Bell, chief executive of Ti, says: “The strength of the Agility Emerging Markets Logistics Index has always been to differentiate between those emerging markets which demonstrate resilience in the face of adversity and those which are more fragile. This year is no exception. Although some -- especially China and Vietnam -- have been able to rebalance around domestic industrial and consumer demand, the majority are still highly dependent on international markets and investment. A lack of global demand, combined with the breakdown of air and sea logistics networks, has had severe consequences for these economies and societies. As the Covid crisis finally unwinds over the next two years, those most resilient will bounce back the fastest. Inevitably, those which have failed to embrace market, trade, governmental and social reforms will be hardest hit by the fallout from the pandemic.”

 2021 Agility Emerging Markets Logistics Index: www.agility.com/2021index

 About Agility

 Agility is a global logistics company with USD5.2 billion in annual revenue and 23,000+ employees in more than 100 countries. It is one of the world’s top freight forwarding and contract logistics providers, and a leader and investor in technology to enhance supply chain efficiency. 

 Agility is a pioneer in emerging markets and one of the largest private owners and developers of warehousing and light industrial parks in the Middle East, Africa and Asia. Agility’s subsidiary companies offer fuel logistics, airport services, commercial real estate and facilities management, customs digitization, and remote infrastructure services. (Antara)

   ***

References:

* Philippine News Agency. "Asia-Pacific countries dominate Agility emerging markets index." Philippine News Agency. https://www.pna.gov.ph/articles/1130188 (accessed February 10, 2021 at 10:37PM UTC+14).

* Philippine News Agency. "Asia-Pacific countries dominate Agility emerging markets index." Archive Today. https://archive.ph/?run=1&url=https://www.pna.gov.ph/articles/1130188 (archived).

[digitalconvo]

Air Cargo Market to Witness Increase in Revenues by 2025

Air Cargo Market: Overview

The rapid growth of the e-commerce industry is expected to aid in expansion of the global air cargo market during the forecast period set between 2020 and 2030. The online business area is developing at a higher speed. This area is foreseen to make monstrous development openings for the air express industry in the years to come. Rising number of little medium online business major parts in creating economies, for example, China, India, Mexico, Brazil and South Africa is driving the market development. E-trailers are participating in organization with air transporters to serve worldwide transportation needs as web based shopping floods the interest for delivery orders across the world. The increasing popularity of air transportation is expanding at worldwide level. Moreover, rising interest of moment shipments through internet business players to convey item in a more limited timetable is boosting the market development. In addition to this, the rising number of in the nick of time item conveyance is decidedly influencing the worldwide market.

The global air cargo market is classified on the basis of component, service, end-user, destination, and region. In terms of component, the market is grouped into air mail, and air freight. Based on service, the market is bifurcated into regular and express. Further categorization of end user, includes pharmaceuticals and healthcare, third party logistics, consumer electronics, food and beverages, retail,  and others. With respect to segmentation by destination, the market is classified into domestic, and international.

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Global Air Cargo Market: Nature of Competition

The nature of the worldwide air cargo market is exceptionally serious because of the presence of numerous players. A portion of the players are enjoying consolidation and procurement methodologies and different joint dares to acquire a serious edge in the general market rivalry. The other players are putting vigorously in innovative work of better remedial gadgets to draw in more income in the conjecture time frame.

Some of the prominent players of the Air Cargo Market include:

UPS Airlines

China Airlines Cargo

DHL Aviation

FexEx Express

Korean Air Cargo

Cathay Pacific Cargo

Korean Air Cargo

Emirates SkyCargo

Singapore Airlines Cargo

Cargolux

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Air Cargo Market: Current Trends and Opportunities

Open skies strategy in aeronautics industry will go about as a great factor in air payload market. It has been actualized to change rules and guidelines in the worldwide avionics industry and calls for least government intercession. Air transport is the favored mode for transportation perishables, synthetic compounds, pharma items, and resources, as it takes less time over different methods of transport and guarantees ideal conveyance of time-touchy, temperature-controlled merchandise the greater part of the occasions. Also, this arrangement will help the import trade which will support the air freight market income.

On the contrary, diverse government arrangements in different nations are representing a danger to the business. Political flimsiness in a few nations overall is probably going to arise as a test in the development of air load market. Also, the taking off expense of aeronautics fuel which straightforwardly impacts cost of airship cargo is a vital test to the general market. Additionally, confounded custom strategy in various nations is one more test for online business section which can influence air freight market in coming years.

Air Cargo Market: Regional Analysis

Demographically, the market is dominated by Asia Pacific and is likely to continue the same in the forecast period. Factors like the developing interest for the without a moment to spare creation and deals through online business channel will additionally support the market interest in next couple of years. Furthermore, the rising number of little medium internet business major parts in creating economies, for example, China, India, Mexico, Brazil and South Africa is driving the market development. E-trailers are participating in association with air transporters to serve global transportation needs as internet shopping floods the interest for delivery orders across the world.

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