Air Cargo Market to Grow to reach US$ 223.29 billion to 2028

 The air cargo market is expected to grow from US$ 130.19 billion in 2021 to US$ 223.29 billion by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

The transportation of temperature-sensitive products including drugs, chemicals, and medicines is creating a huge opportunity for the air cargo market. For instance, almost 68% of all biotech products are considered to be temperature-sensitive. In addition, Marken announced clinical home healthcare services that include clinical drug storage, direct-to-patient delivery, biologic sample collection, central pharmacy, and home care/nursing services. Thus, the pharmaceutical companies are highly dependent on the air transportation due to factors such as time-sensitivity and temperature-controlled transportation. The rapid growth of the pharmaceutical industry resulted in augmenting the demand for transportation services for temperature-sensitive cargo. The demand is anticipated to increase with new pharmaceutical and biotechnology products entering the market every day. Therefore, airlines using advanced cool chain solutions will be well-placed to take full advantage of this sector as it grows.

Central participants contend in the Worldwide market are –

• ANA Cargo
• Cargolux
• Cathay Pacific Airways Limited
• DHL International GmbH (Deutsche Post DHL Group)
• Emirates SkyCargo
• Etihad Cargo
• FedEx Corporation
• United Parcel Service of America, Inc.
• Zela Aviation The Air Charter Company
• Lufthansa Cargo AG

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Key Offerings:

• Market Size & Forecast by Revenue | 2028
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
• Competitive Landscape – Top key vendors and other prominent vendors.

The purposes of this analysis are:

1. To characterize, portray, and check the Air Cargo market based on product type, application, and region.
2. To estimate and inspect the size of the Air Cargo market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
3. To estimate and inspect the Air Cargo markets at country-level in every region.
4. To strategically investigate every sub-market about personal development trends and its contribution to the Air Cargo market.
5. To look at possibilities in the Air Cargo market for shareholder by recognizing excessive-growth segments of the market.

Key Offerings:

• Market Size & Forecast by Revenue | 2020−2028
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
• Competitive Landscape – Top key vendors and other prominent vendors

Air Cargo Regional and Country-wise Analysis:

• North America (U.S., Canada, Mexico)
• Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
• Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
• Latin America (Brazil, Rest of Latin America)
• The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

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