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Air Freight Market Summary, Competitive Analysis and Forecast to 2027 (Global Almanac)

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Date: 30-Jun-2023
No. of pages: 571

Air Freight Market Summary, Competitive Analysis and Forecast to 2027 (Global Almanac)

Summary

Global Air Freight industry profile provides top-line qualitative and quantitative summary information including: sector size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.

Key Highlights

- The air freight sector is defined as consisting of revenues generated from freight transportation by air.

- Units of volumes are measured in freight ton-kilometers (FTK). Air freight volumes, consisting of freight, express, and diplomatic bags, include both domestic and international freight which for the purposes of this report are counted at each flight stage.

- Value represents the revenue obtained by airline companies from freight transportation.

- All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.

- The global air freight sector had total revenues of $99.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 2.1% between 2017 and 2022.

- Sector consumption volumes declined with a negative CAGR of 3.1% between 2017 and 2022, reaching a total of 171 billion FTK in 2022.

- The global air freight sector has declined recently owing to several factors such as increasing interest rates and rising inflation. High-interest rates reduce access to credit for the companies involved, thereby reducing the volume of investment which negatively impacts air freight. For instance, according to the OECD, the long-term interest rates in the US grew from 2.4% in December 2017 to 3.6% in December 2022.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global air freight sector

- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global air freight sector

- Leading company profiles reveal details of key air freight sector players' global operations and financial performance

- Add weight to presentations and pitches by understanding the future growth prospects of the global air freight sector with five year forecasts

Reasons to Buy

- What was the size of the global air freight sector by value in 2022?

- What will be the size of the global air freight sector in 2027?

- What factors are affecting the strength of competition in the global air freight sector?

- How has the sector performed over the last five years?

- What are the main segments that make up the global air freight sector?

Air Freight Market Summary, Competitive Analysis and Forecast to 2027 (Global Almanac)

Table of Contents
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Geography segmentation
1.4. Competitive landscape
2 Introduction
2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions
3 Global Air Freight
3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
4 Macroeconomic Indicators
4.1. Country data
5 Air Freight in Asia-Pacific
5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
6 Air Freight in Europe
6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
7 Macroeconomic Indicators
7.1. Country data
8 Air Freight in France
8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
9 Macroeconomic Indicators
9.1. Country data
10 Air Freight in Germany
10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
11 Macroeconomic Indicators
11.1. Country data
12 Air Freight in Australia
12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
13 Macroeconomic Indicators
13.1. Country data
14 Air Freight in Brazil
14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
15 Macroeconomic Indicators
15.1. Country data
16 Air Freight in Canada
16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
17 Macroeconomic Indicators
17.1. Country data
18 Air Freight in China
18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis
19 Macroeconomic Indicators
19.1. Country data
20 Air Freight in India
20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis
21 Macroeconomic Indicators
21.1. Country data
22 Air Freight in Indonesia
22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
23 Macroeconomic Indicators
23.1. Country data
24 Air Freight in Italy
24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
25 Macroeconomic Indicators
25.1. Country data
26 Air Freight in Japan
26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
27 Macroeconomic Indicators
27.1. Country data
28 Air Freight in Mexico
28.1. Market Overview
28.2. Market Data
28.3. Market Segmentation
28.4. Market outlook
28.5. Five forces analysis
29 Macroeconomic Indicators
29.1. Country data
30 Air Freight in The Netherlands
30.1. Market Overview
30.2. Market Data
30.3. Market Segmentation
30.4. Market outlook
30.5. Five forces analysis
31 Macroeconomic Indicators
31.1. Country data
32 Air Freight in North America
32.1. Market Overview
32.2. Market Data
32.3. Market Segmentation
32.4. Market outlook
32.5. Five forces analysis
33 Air Freight in Russia
33.1. Market Overview
33.2. Market Data
33.3. Market Segmentation
33.4. Market outlook
33.5. Five forces analysis
34 Macroeconomic Indicators
34.1. Country data
35 Air Freight in Scandinavia
35.1. Market Overview
35.2. Market Data
35.3. Market Segmentation
35.4. Market outlook
35.5. Five forces analysis
36 Air Freight in Singapore
36.1. Market Overview
36.2. Market Data
36.3. Market Segmentation
36.4. Market outlook
36.5. Five forces analysis
37 Macroeconomic Indicators
37.1. Country data
38 Air Freight in South Africa
38.1. Market Overview
38.2. Market Data
38.3. Market Segmentation
38.4. Market outlook
38.5. Five forces analysis
39 Macroeconomic Indicators
39.1. Country data
40 Air Freight in South Korea
40.1. Market Overview
40.2. Market Data
40.3. Market Segmentation
40.4. Market outlook
40.5. Five forces analysis
41 Macroeconomic Indicators
41.1. Country data
42 Air Freight in Spain
42.1. Market Overview
42.2. Market Data
42.3. Market Segmentation
42.4. Market outlook
42.5. Five forces analysis
43 Macroeconomic Indicators
43.1. Country data
44 Air Freight in Turkey
44.1. Market Overview
44.2. Market Data
44.3. Market Segmentation
44.4. Market outlook
44.5. Five forces analysis
45 Macroeconomic Indicators
45.1. Country data
46 Air Freight in The United Kingdom
46.1. Market Overview
46.2. Market Data
46.3. Market Segmentation
46.4. Market outlook
46.5. Five forces analysis
47 Macroeconomic Indicators
47.1. Country data
48 Air Freight in The United States
48.1. Market Overview
48.2. Market Data
48.3. Market Segmentation
48.4. Market outlook
48.5. Five forces analysis
49 Macroeconomic Indicators
49.1. Country data
50 Company Profiles
50.1. FedEx Corp
50.2. United Parcel Service, Inc.
50.3. Deutsche Post AG
50.4. China Southern Airlines Co Ltd
50.5. All Nippon Airways Co Ltd
50.6. Asiana Airlines Inc
50.7. Cathay Pacific Airways Ltd
50.8. Volga-Dnepr Group
50.9. Deutsche Bahn AG
50.10. International Consolidated Airlines Group SA
50.11. Air France-KLM SA
50.12. Hellmann Worldwide Logistics GmbH & Co. KG
50.13. Deutsche Lufthansa AG
50.14. Qantas Airways Limited
50.15. Kuehne + Nagel Inc
50.16. GOL Linhas Aereas Inteligentes SA
50.17. LATAM Airlines Group SA
50.18. Azul SA
50.19. Air Canada
50.20. American Airlines Inc
50.21. Cargojet Inc
50.22. Air China Ltd
50.23. China Eastern Airlines Corp Ltd
50.24. Hainan Airlines Co Ltd
50.25. Air India Ltd
50.26. Blue Dart Express Ltd
50.27. Allcargo Logistics Limited
50.28. Qatar Airways Group QCSC
50.29. PT Garuda Indonesia (Persero) Tbk
50.30. The Emirates Group
50.31. Alitalia - Societa Aerea Italiana SpA (Inactive)
50.32. Cargolux Airlines International S.A.
50.33. Kintetsu Group Holdings Co., Ltd.
50.34. Nippon Express Co Ltd
50.35. Nippon Yusen Kabushiki Kaisha
50.36. ABC Aerolineas SA de CV
50.37. Grupo Aeromexico SAB de CV
50.38. Expeditors International of Washington, Inc.
50.39. Ural Airlines JSC
50.40. Aeroflot OAO
50.41. Danish Air Transport A/S
50.42. SAS Group
50.43. Singapore Airlines Ltd
50.44. South African Airways SOC
50.45. South African Express Airways (Pty) Ltd
50.46. Solenta Aviation Holdings, Ltd.
50.47. Air Incheon Co Ltd
50.48. Korean Air Lines Co Ltd
50.49. Turk Hava Yollari Anonim Ortakligi
50.50. MNG Group of Companies
50.51. British Airways Plc
50.52. United Airlines Holdings Inc
51 Appendix
51.1. Methodology
51.2. About MarketLine

List of Tables
Table 1: Global air freight sector value: $ billion, 2017-22
Table 2: Global air freight sector geography segmentation: $ billion, 2022
Table 3: Global air freight sector value forecast: $ billion, 2022-27
Table 4: Global size of population (million), 2018-22
Table 5: Global gdp (constant 2005 prices, $ billion), 2018-22
Table 6: Global gdp (current prices, $ billion), 2018-22
Table 7: Global inflation, 2018-22
Table 8: Global consumer price index (absolute), 2018-22
Table 9: Global exchange rate, 2018-22
Table 10: Asia-Pacific air freight sector value: $ billion, 2017-22
Table 11: Asia-Pacific air freight sector geography segmentation: $ billion, 2022
Table 12: Asia-Pacific air freight sector value forecast: $ billion, 2022-27
Table 13: Europe air freight sector value: $ billion, 2017-22
Table 14: Europe air freight sector geography segmentation: $ billion, 2022
Table 15: Europe air freight sector value forecast: $ billion, 2022-27
Table 16: Europe size of population (million), 2018-22
Table 17: Europe gdp (constant 2005 prices, $ billion), 2018-22
Table 18: Europe gdp (current prices, $ billion), 2018-22
Table 19: Europe inflation, 2018-22
Table 20: Europe consumer price index (absolute), 2018-22
Table 21: Europe exchange rate, 2018-22
Table 22: France air freight sector value: $ million, 2017-22
Table 23: France air freight sector geography segmentation: $ million, 2022
Table 24: France air freight sector value forecast: $ million, 2022-27
Table 25: France size of population (million), 2018-22
Table 26: France gdp (constant 2005 prices, $ billion), 2018-22
Table 27: France gdp (current prices, $ billion), 2018-22
Table 28: France inflation, 2018-22
Table 29: France consumer price index (absolute), 2018-22
Table 30: France exchange rate, 2018-22
Table 31: Germany air freight sector value: $ million, 2017-22
Table 32: Germany air freight sector geography segmentation: $ million, 2022
Table 33: Germany air freight sector value forecast: $ million, 2022-27
Table 34: Germany size of population (million), 2018-22
Table 35: Germany gdp (constant 2005 prices, $ billion), 2018-22
Table 36: Germany gdp (current prices, $ billion), 2018-22
Table 37: Germany inflation, 2018-22
Table 38: Germany consumer price index (absolute), 2018-22
Table 39: Germany exchange rate, 2018-22
Table 40: Australia air freight sector value: $ million, 2017-22
Table 41: Australia air freight sector geography segmentation: $ million, 2022
Table 42: Australia air freight sector value forecast: $ million, 2022-27
Table 43: Australia size of population (million), 2018-22
Table 44: Australia gdp (constant 2005 prices, $ billion), 2018-22
Table 45: Australia gdp (current prices, $ billion), 2018-22
Table 46: Australia inflation, 2018-22
Table 47: Australia consumer price index (absolute), 2018-22
Table 48: Australia exchange rate, 2018-22
Table 49: Brazil air freight sector value: $ million, 2017-22
Table 50: Brazil air freight sector geography segmentation: $ million, 2022
Table 51: Brazil air freight sector value forecast: $ million, 2022-27
Table 52: Brazil size of population (million), 2018-22
Table 53: Brazil gdp (constant 2005 prices, $ billion), 2018-22
Table 54: Brazil gdp (current prices, $ billion), 2018-22
Table 55: Brazil inflation, 2018-22
Table 56: Brazil consumer price index (absolute), 2018-22
Table 57: Brazil exchange rate, 2018-22
Table 58: Canada air freight sector value: $ million, 2017-22
Table 59: Canada air freight sector geography segmentation: $ million, 2022
Table 60: Canada air freight sector value forecast: $ million, 2022-27
Table 61: Canada size of population (million), 2018-22
Table 62: Canada gdp (constant 2005 prices, $ billion), 2018-22
Table 63: Canada gdp (current prices, $ billion), 2018-22
Table 64: Canada inflation, 2018-22
Table 65: Canada consumer price index (absolute), 2018-22
Table 66: Canada exchange rate, 2018-22
Table 67: China air freight sector value: $ billion, 2017-22
Table 68: China air freight sector geography segmentation: $ billion, 2022
Table 69: China air freight sector value forecast: $ billion, 2022-27
Table 70: China size of population (million), 2018-22
Table 71: China gdp (constant 2005 prices, $ billion), 2018-22
Table 72: China gdp (current prices, $ billion), 2018-22
Table 73: China inflation, 2018-22
Table 74: China consumer price index (absolute), 2018-22
Table 75: China exchange rate, 2018-22
Table 76: India air freight sector value: $ million, 2017-22
Table 77: India air freight sector geography segmentation: $ million, 2022
Table 78: India air freight sector value forecast: $ million, 2022-27
Table 79: India size of population (million), 2018-22
Table 80: India gdp (constant 2005 prices, $ billion), 2018-22
Table 81: India gdp (current prices, $ billion), 2018-22
Table 82: India inflation, 2018-22
Table 83: India consumer price index (absolute), 2018-22
Table 84: India exchange rate, 2018-22
Table 85: Indonesia air freight sector value: $ million, 2017-22
Table 86: Indonesia air freight sector geography segmentation: $ million, 2022
Table 87: Indonesia air freight sector value forecast: $ million, 2022-27
Table 88: Indonesia size of population (million), 2018-22
Table 89: Indonesia gdp (constant 2005 prices, $ billion), 2018-22
Table 90: Indonesia gdp (current prices, $ billion), 2018-22

List of Figures
Figure 1: Global air freight sector value: $ billion, 2017-22
Figure 2: Global air freight sector geography segmentation: % share, by value, 2022
Figure 3: Global air freight sector value forecast: $ billion, 2022-27
Figure 4: Forces driving competition in the global air freight sector, 2022
Figure 5: Drivers of buyer power in the global air freight sector, 2022
Figure 6: Drivers of supplier power in the global air freight sector, 2022
Figure 7: Factors influencing the likelihood of new entrants in the global air freight sector, 2022
Figure 8: Factors influencing the threat of substitutes in the global air freight sector, 2022
Figure 9: Drivers of degree of rivalry in the global air freight sector, 2022
Figure 10: Asia-Pacific air freight sector value: $ billion, 2017-22
Figure 11: Asia-Pacific air freight sector geography segmentation: % share, by value, 2022
Figure 12: Asia-Pacific air freight sector value forecast: $ billion, 2022-27
Figure 13: Forces driving competition in the air freight sector in Asia-Pacific, 2022
Figure 14: Drivers of buyer power in the air freight sector in Asia-Pacific, 2022
Figure 15: Drivers of supplier power in the air freight sector in Asia-Pacific, 2022
Figure 16: Factors influencing the likelihood of new entrants in the air freight sector in Asia-Pacific, 2022
Figure 17: Factors influencing the threat of substitutes in the air freight sector in Asia-Pacific, 2022
Figure 18: Drivers of degree of rivalry in the air freight sector in Asia-Pacific, 2022
Figure 19: Europe air freight sector value: $ billion, 2017-22
Figure 20: Europe air freight sector geography segmentation: % share, by value, 2022
Figure 21: Europe air freight sector value forecast: $ billion, 2022-27
Figure 22: Forces driving competition in the air freight sector in Europe, 2022
Figure 23: Drivers of buyer power in the air freight sector in Europe, 2022
Figure 24: Drivers of supplier power in the air freight sector in Europe, 2022
Figure 25: Factors influencing the likelihood of new entrants in the air freight sector in Europe, 2022
Figure 26: Factors influencing the threat of substitutes in the air freight sector in Europe, 2022
Figure 27: Drivers of degree of rivalry in the air freight sector in Europe, 2022
Figure 28: France air freight sector value: $ million, 2017-22
Figure 29: France air freight sector geography segmentation: % share, by value, 2022
Figure 30: France air freight sector value forecast: $ million, 2022-27
Figure 31: Forces driving competition in the air freight sector in France, 2022
Figure 32: Drivers of buyer power in the air freight sector in France, 2022
Figure 33: Drivers of supplier power in the air freight sector in France, 2022
Figure 34: Factors influencing the likelihood of new entrants in the air freight sector in France, 2022
Figure 35: Factors influencing the threat of substitutes in the air freight sector in France, 2022
Figure 36: Drivers of degree of rivalry in the air freight sector in France, 2022
Figure 37: Germany air freight sector value: $ million, 2017-22
Figure 38: Germany air freight sector geography segmentation: % share, by value, 2022
Figure 39: Germany air freight sector value forecast: $ million, 2022-27
Figure 40: Forces driving competition in the air freight sector in Germany, 2022
Figure 41: Drivers of buyer power in the air freight sector in Germany, 2022
Figure 42: Drivers of supplier power in the air freight sector in Germany, 2022
Figure 43: Factors influencing the likelihood of new entrants in the air freight sector in Germany, 2022
Figure 44: Factors influencing the threat of substitutes in the air freight sector in Germany, 2022
Figure 45: Drivers of degree of rivalry in the air freight sector in Germany, 2022
Figure 46: Australia air freight sector value: $ million, 2017-22
Figure 47: Australia air freight sector geography segmentation: % share, by value, 2022
Figure 48: Australia air freight sector value forecast: $ million, 2022-27
Figure 49: Forces driving competition in the air freight sector in Australia, 2022
Figure 50: Drivers of buyer power in the air freight sector in Australia, 2022
Figure 51: Drivers of supplier power in the air freight sector in Australia, 2022
Figure 52: Factors influencing the likelihood of new entrants in the air freight sector in Australia, 2022
Figure 53: Factors influencing the threat of substitutes in the air freight sector in Australia, 2022
Figure 54: Drivers of degree of rivalry in the air freight sector in Australia, 2022
Figure 55: Brazil air freight sector value: $ million, 2017-22
Figure 56: Brazil air freight sector geography segmentation: % share, by value, 2022
Figure 57: Brazil air freight sector value forecast: $ million, 2022-27
Figure 58: Forces driving competition in the air freight sector in Brazil, 2022
Figure 59: Drivers of buyer power in the air freight sector in Brazil, 2022
Figure 60: Drivers of supplier power in the air freight sector in Brazil, 2022
Figure 61: Factors influencing the likelihood of new entrants in the air freight sector in Brazil, 2022
Figure 62: Factors influencing the threat of substitutes in the air freight sector in Brazil, 2022
Figure 63: Drivers of degree of rivalry in the air freight sector in Brazil, 2022
Figure 64: Canada air freight sector value: $ million, 2017-22
Figure 65: Canada air freight sector geography segmentation: % share, by value, 2022
Figure 66: Canada air freight sector value forecast: $ million, 2022-27
Figure 67: Forces driving competition in the air freight sector in Canada, 2022
Figure 68: Drivers of buyer power in the air freight sector in Canada, 2022
Figure 69: Drivers of supplier power in the air freight sector in Canada, 2022
Figure 70: Factors influencing the likelihood of new entrants in the air freight sector in Canada, 2022
Figure 71: Factors influencing the threat of substitutes in the air freight sector in Canada, 2022
Figure 72: Drivers of degree of rivalry in the air freight sector in Canada, 2022
Figure 73: China air freight sector value: $ billion, 2017-22
Figure 74: China air freight sector geography segmentation: % share, by value, 2022
Figure 75: China air freight sector value forecast: $ billion, 2022-27
Figure 76: Forces driving competition in the air freight sector in China, 2022
Figure 77: Drivers of buyer power in the air freight sector in China, 2022
Figure 78: Drivers of supplier power in the air freight sector in China, 2022
Figure 79: Factors influencing the likelihood of new entrants in the air freight sector in China, 2022
Figure 80: Factors influencing the threat of substitutes in the air freight sector in China, 2022
Figure 81: Drivers of degree of rivalry in the air freight sector in China, 2022
Figure 82: India air freight sector value: $ million, 2017-22
Figure 83: India air freight sector geography segmentation: % share, by value, 2022
Figure 84: India air freight sector value forecast: $ million, 2022-27
Figure 85: Forces driving competition in the air freight sector in India, 2022
Figure 86: Drivers of buyer power in the air freight sector in India, 2022
Figure 87: Drivers of supplier power in the air freight sector in India, 2022
Figure 88: Factors influencing the likelihood of new entrants in the air freight sector in India, 2022
Figure 89: Factors influencing the threat of substitutes in the air freight sector in India, 2022
Figure 90: Drivers of degree of rivalry in the air freight sector in India, 2022
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