In the five years to 2015, the Global Cargo Airlines industry suffered from diminished demand as global economic activity and trade volumes plummeted. Revenue recovered quickly after the recession, only to decline once more due to heightened competition, rising fuel prices and slowed growth in emerging markets. External competition has come particularly from commercial passenger airlines, which in recent years have purchased larger jets, using the added cargo capacity to render services typically provided by this industry. These factors will continue to temper growth for industry operators in the next five years, though rising demand will somewhat mitigate their effect.
The industry includes businesses that provide air transportation for commercial and private cargo, on either scheduled or nonscheduled routes. It includes air transportation that is part of a national postal system and express services, but excludes the courier services of express operations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.