#AirFreightMarketShare

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Air Freight Market Size, Share, Industry Analysis, Growth, Trends, Report and Forecast 2020-2025

According to a new report by EMR titled, ‘Global Air Freight Market Report and Forecast 2020-2025’, the global air freight market reached a volume of almost 69.7 million metric tons in 2019. The market is predicted to grow at a CAGR of 12% in the forecast period of 2020-2025 to reach a volume of around 137.5 million metric tons by 2025.

Competitive Landscape & Supplier Analysis:

Deutsche Post AG (OTCMKTS: DPSGY)

Kuehne + Nagel International AG (OTCMKTS: KHNGY)

Panalpina World Transport (Holding) Ltd.

Expeditors International of Washington, Inc (NASDAQ: EXPD)

DB Schenker

Agility

Kintetsu World Express, Inc.

CEVA Logistics

Others

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The global air freight market is driven by the rise in the various end-use industries, comprising of electrical, personal care, machinery, and automobile equipment industries, among others. The North America region is a significant market for air freight, with the United States leading the region. The rising investments in Southeast Asian nations by the freight forwarders is expected to support market growth. In the Southeast Asian countries, the investments are increasing due to a healthy demand and high growth potential in the region. The rising consumer and retail industries are also driving the air freight market. The robust demand for products sourced from e-retail platforms like Amazon (NASDAQ: AMZN) across the world is, thus, propelling the growth of the air freight market further.

Browse Full Report with TOC & List of Figure: https://www.expertmarketresearch.com/reports/air-freight-market

The air freight market is also witnessing a significant growth in Europe, primarily driven by the rising demand from the pharmaceutical industry in the region. In August 2018, D B Schenker, a leading player in the air freight market, introduced ‘Connect 4.0’, its digital innovation platform, to overland freight in Germany and Spain. In January 2019, the same service was expanded to Air and Ocean freight, with the company expanding the service to significant markets like India and the United States by September 2019.

Market Analysis by Region:

North America

Europe

Asia Pacific

Latin America

Middle East and Africa

Regionally, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of The Report:

The global air freight market is being driven by the growing demand for high-technology products and apparel, especially in the emerging regions.

The rising electronics market, owing to the inflating disposable income of the consumers in the developing economies, is enhancing the market growth of air freight.

The market is also expected to be driven by the plan of the shippers to shift from China to other Southeast Asian countries as the sourcing locations.

The increasing demand for pharmaceuticals, as well as medical equipment, is propelling the market for air freight.

The booming automobiles industry is providing further impetus to the air freight market.

The rise in the construction activities is also providing a push to the air freight market.

The air freight market is being supported by the rising demand for oil and mining equipment, which is further enhancing the market growth.

The increasing demand for hi-tech appliances is also aiding the global air freight market growth.

Key Offerings of the Report:

The EMR report gives an overview of the global air freight market for the periods (2015-2019) and (2020-2025).

The report also offers the historical (2015-2019) and forecast (2020-2025) markets for the major regions in the global air freight market.

It also gives an overview of the key demand and price indicators.

An in-depth assessment of the market has been given through Porter’s Five Forces model.

A SWOT and a cost analysis have been provided within the EMR report.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture

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