Global Air Cargo Container (GACC) Market 2017-2021
About Air Cargo Container (GACC)
Containerization refers to a standardized transportation system, that uses an enclosed container made up of materials, such as aluminum, steel, and composites. Air cargo containers are special type of containers, generally made up of aluminum and composite materials. These containers are made in a way that they can withstand transportation and handling of goods during transit, and protect the cargo or goods enclosed inside the container.
Technavio’s analysts forecast the global air cargo container (GACC) market to grow at a CAGR of 3.89% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global air cargo container (GACC) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Air Cargo Container (GACC) Market 2017-2021
Technavio recognizes the following companies as the key players in the global air cargo container (GACC) market: Envirotainer, Nordisk Aviation Products, VRR Aviation, CargoComposites, and DoKaSch.
Other Prominent Vendors in the market are: Air Cargo and Containers, CSafe, Granger Aerospace, PalNet, Satco, and Zodiac AirCargo Equipment.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is innovative and technological advances in air cargo containers. Air cargo containers are widely used to load freight on aircraft for the movement of goods from the source to destination. This is done for expediting the handling and increasing the efficiency of the supply chain.”
According to the report, one driver in the market is growth of e-commerce market increasing demand for air cargo containers. One of the major factors driving the growth of the global air cargo containers market is the rise of e-commerce sales across the world. Online e-commerce companies use the logistics services of various Logistics Service Providers (LSPs), such as FedEx, DHL, UPS, and Aramex. These LSPs have their air freighter, which they use for delivering products to customers on time. For moving the goods through airways, air cargo containers are used for providing safety and unitization of products.
Further, the report states that one challenge in the market is growth of sea-borne trade as substitute of air-borne trade. There are different modes that can be used for the transportation of goods across long distances. For transportation of goods at a global scale, the available modes are roadways, railways, pipelines, waterways, and airways, depending upon the properties of the goods to be transported. Out of all the modes of transportation, maritime trade or sea-borne trade using cargo containers is economical compared with other modes of transportation.
Envirotainer, Nordisk Aviation Products, VRR Aviation, CargoComposites, DoKaSch, Air Cargo and Containers, CSafe, Granger Aerospace, PalNet, Satco, and Zodiac AirCargo Equipment.
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