Global Cargo Airlines
Over the five years to 2019, the Global Cargo Airlines industry has experienced constrained growth amid a chronic excess of cargo capacity and mounting competition from maritime transportation. Additionally, demand for industry services has remained relatively weak during the five-year period despite rising global income levels and increased production activity among developed economies. Global trade activity has suffered in recent years from limited economic growth in several developed economies and a recent slowdown in the growth of emerging markets. Moreover, as demand for international transportation services has declined over the past five years, industry carrying capacity has expanded due to the introduction of new, wide-body passenger jets with extra cargo room. Moving forward, economic growth in Asia and other emerging markets, in tandem with rising levels of global per capita income and consumer spending, is expected to generate substantial demand for airfreight transportation services.
The Global Cargo Airlines industry includes businesses that provide air transportation for commercial and private cargo on either scheduled or nonscheduled routes. The industry also includes express services and air transportation that is part of a national postal system, while courier services are excluded from this industry's 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook