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Air Cargo Market Share

Report ID: GMI5900
Published Date: May 2023
Report Format: PDF

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Air Cargo Market Share

Some of the major players operating in the air cargo market are

ANA Cargo
Cargolux
Cathay Pacific Airways Limited
China Airlines Ltd.
Delta Air Lines, Inc.
DHL International GmbH
Etihad Cargo
FedEx Corporation
Kuehne+Nagel International AG
Lufthansa Airlines
Nippon Express
United Airlines
United Parcel Service, Inc. (UPS)

These players focus on strategic partnerships, new launches & commercialization for market expansion.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of air cargo was exceeded USD 200 billion in 2022 and is set to expand at over 5% CAGR between 2023 and 2032, attributed to the rising need for transporting high-value & time-sensitive products such as electronics, pharmaceuticals, perishable, and auto parts.

The express segment will grow at a CAGR of over 5.5% through 2032, backed by the growth in e-commerce requiring air freight services, along with the demand among online retailers for fast & reliable deliveries to meet customer demands.

Asia Pacific market dominated over 30% revenue share in 2022, owing to the economic growth with increase in the purchasing power of consumers, and rising e-commerce sales.

ANA Cargo, Cargolux, Cathay Pacific Airways Limited, Cathay Pacific Airways Limited, China Airlines Ltd., Delta Air Lines, Inc., DHL International GmbH, Etihad Cargo, FedEx Corporation, Kuehne+Nagel International AG, Lufthansa Airlines, Nippon Express, United Airlines, and United Parcel Service, Inc. (UPS).