
Global Cargo Airlines - Industry Market Research Report
Description
Global Cargo Airlines
Global cargo airlines' revenue has grown at a CAGR of 1.9% to $149.4 billion through the end of 2023, including a 28.8% decline in 2023 alone, driven by plummeting shipping prices. Revenue has been highly volatile in recent years; COVID-19's effect on the global economy delayed shipments and disrupted supply chain disruptions, particularly for perishable goods. The war in Ukraine has also hurt cargo capacity serving the European market. Increased demand for personal protective equipment and reduced shipping capacity have led the freight price index to skyrocket following COVID-19. Profit has declined to 4.6% in 2023 due to reduced shipping capacity.
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.
Global cargo airlines' revenue has grown at a CAGR of 1.9% to $149.4 billion through the end of 2023, including a 28.8% decline in 2023 alone, driven by plummeting shipping prices. Revenue has been highly volatile in recent years; COVID-19's effect on the global economy delayed shipments and disrupted supply chain disruptions, particularly for perishable goods. The war in Ukraine has also hurt cargo capacity serving the European market. Increased demand for personal protective equipment and reduced shipping capacity have led the freight price index to skyrocket following COVID-19. Profit has declined to 4.6% in 2023 due to reduced shipping capacity.
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.
Table of Contents
39 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON
Search Inside Report
Pricing
Currency Rates
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