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

Publisher MarketLine
Published Jun 30, 2023
Length 510 Pages
SKU # MTLN18094874

Description

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?

    Table of Contents

    510 Pages
    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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