Key Insights
The global air freight forwarding market, valued at $110.91 billion in 2025, is projected to experience robust growth, driven by the expanding e-commerce sector and the increasing globalization of supply chains. A compound annual growth rate (CAGR) of 4.00% is anticipated from 2025 to 2033, indicating a significant market expansion. Key drivers include the rising demand for faster and more reliable delivery services, particularly in time-sensitive industries like pharmaceuticals and technology. Furthermore, advancements in air freight technology, such as improved tracking and monitoring systems, contribute to increased efficiency and transparency, bolstering market growth. Growth is also fueled by the development of strategically located air freight hubs and the expansion of air cargo capacity. However, factors such as fluctuating fuel prices, geopolitical instability, and potential disruptions to global supply chains act as restraints, presenting challenges for market players. Segmentation reveals a diverse market with significant contributions from both airline and mail services, and a relatively even split between domestic and international destinations. Leading players like DHL, UPS, FedEx, and others are constantly innovating to optimize their logistics networks and improve service offerings, further shaping the competitive landscape. The Asia-Pacific region, fueled by rapid economic growth and expanding manufacturing hubs in countries like China and India, is expected to demonstrate particularly strong growth within this market.
Air Freight Forwarding Market Market Size (In Billion)
The competitive landscape is characterized by established players and new entrants. These companies are actively investing in technologies such as AI-powered route optimization, blockchain for enhanced security and transparency, and big data analytics for predictive modeling. Such investments are leading to greater efficiency and improved customer satisfaction. The market's regional distribution reflects the global nature of trade, with North America and Europe holding significant shares currently, but Asia-Pacific poised for substantial future growth. Understanding the evolving dynamics of this market, including both the growth drivers and restraining factors, is crucial for companies seeking to thrive in this competitive landscape. The continued focus on technological advancements and sustainable logistics practices will define the future of air freight forwarding.
Air Freight Forwarding Market Company Market Share
Air Freight Forwarding Market: A Comprehensive Report (2019-2033)
This in-depth report provides a comprehensive analysis of the Air Freight Forwarding Market, encompassing market dynamics, growth trends, regional dominance, product landscape, key players, and future outlook. The study period covers 2019-2033, with 2025 as the base and estimated year. The report segments the market by service (Airlines, Mail, Other services) and destination (Domestic, International), offering granular insights for informed decision-making. The market size is valued in million units.
Air Freight Forwarding Market Dynamics & Structure
The air freight forwarding market exhibits a moderately consolidated structure, with key players like Hellmann Worldwide Logistics, DB Schenker Logistics, and DHL Supply Chain holding significant market share. Technological innovation, particularly in areas like automation, tracking, and predictive analytics, is a key driver. Regulatory frameworks, including international trade agreements and aviation safety standards, significantly influence market operations. The market faces competition from alternative transportation modes (e.g., sea freight) and experiences fluctuations due to global economic conditions. Mergers and acquisitions (M&A) activity has been moderate in recent years, with xx deals recorded in 2024, indicating ongoing consolidation.
- Market Concentration: Moderately consolidated, with top 5 players holding approximately xx% market share in 2024.
- Technological Innovation: Automation, AI-powered route optimization, blockchain for enhanced transparency are key drivers.
- Regulatory Landscape: ICAO regulations, trade agreements, and security protocols significantly impact operations.
- Competitive Substitutes: Sea freight, rail freight pose competitive pressure, especially for less time-sensitive goods.
- M&A Activity: xx deals in 2024, suggesting ongoing consolidation among market players.
- Innovation Barriers: High initial investment in technology, integration complexities, and data security concerns.
Air Freight Forwarding Market Growth Trends & Insights
The global air freight forwarding market experienced significant growth during the historical period (2019-2024), with a Compound Annual Growth Rate (CAGR) of xx%. This growth is attributed to the expansion of e-commerce, the growth of global trade, and technological advancements. The market size in 2024 is estimated at xx million units, and is projected to reach xx million units by 2033, exhibiting a CAGR of xx% during the forecast period (2025-2033). This growth is driven by several factors:
*Increased demand for faster delivery times, especially in the e-commerce sector. *Technological advancements improving efficiency and reducing operational costs. *Growth in cross-border e-commerce and global supply chain complexities. *Rising disposable incomes and increased consumer spending in emerging markets. *The ongoing adoption of digital solutions for freight management and tracking.
Dominant Regions, Countries, or Segments in Air Freight Forwarding Market
The Asia-Pacific region holds the largest market share, driven by robust economic growth, expanding manufacturing, and a surge in e-commerce activities. North America follows closely, fueled by its advanced logistics infrastructure and robust domestic and international trade. Within the service segment, Airlines dominate the market (xx% in 2024), due to speed and efficiency, while International freight forwarding accounts for the largest segment by destination (xx% in 2024), driven by global trade expansion.
- Asia-Pacific: High economic growth, expanding manufacturing hubs, and robust e-commerce drive market dominance.
- North America: Advanced logistics infrastructure, strong domestic and international trade contribute to high market share.
- Airlines (Service): Speed and efficiency make this the dominant service type.
- International (Destination): Global trade expansion fuels the large market share of this segment.
- Key Drivers: Economic growth, robust infrastructure, government policies supporting trade and logistics, advancements in technology.
Air Freight Forwarding Market Product Landscape
The air freight forwarding market offers a range of services, including express delivery, standard shipping, and specialized handling for temperature-sensitive goods or oversized cargo. Technological advancements, such as real-time tracking, AI-powered route optimization, and blockchain-based security, are enhancing service quality, efficiency, and transparency. Companies are increasingly focusing on value-added services like customs brokerage and warehousing to offer end-to-end solutions. Unique selling propositions include speed, reliability, and global network coverage, allowing for efficient delivery of goods across continents.
Key Drivers, Barriers & Challenges in Air Freight Forwarding Market
Key Drivers: E-commerce expansion, global supply chain complexities, rising disposable incomes, technological advancements.
Challenges: Fluctuations in fuel prices, geopolitical instability impacting trade routes, stringent regulatory compliance, intense competition from alternative transportation modes, and capacity constraints during peak seasons. For instance, the disruption caused by the COVID-19 pandemic and recent geopolitical events highlight the vulnerability of global supply chains. These events have resulted in xx% increase in transportation costs in 2022.
Emerging Opportunities in Air Freight Forwarding Market
The rise of e-commerce continues to drive significant growth, specifically in last-mile delivery optimization, creating opportunities for specialized services. The adoption of sustainable practices, such as carbon-neutral transportation, offers a distinct competitive advantage. Expansion into untapped markets in emerging economies presents significant opportunities. The development of innovative technologies, such as drone delivery for specific applications, represents a new frontier.
Growth Accelerators in the Air Freight Forwarding Market Industry
Technological advancements like AI-powered logistics platforms and automation in warehousing and handling are streamlining operations and reducing costs. Strategic partnerships between freight forwarders and technology providers are strengthening capabilities and expanding service offerings. Expansion into emerging markets and diversification of service offerings will further accelerate growth.
Key Players Shaping the Air Freight Forwarding Market Market
Notable Milestones in Air Freight Forwarding Market Sector
- August 2023: National Airlines and Etihad Cargo entered an Interline Agreement for ICAIR23 implementation for the U.S. Postal Service, enhancing international freight cooperation.
- April 2022: DHL Supply Chain partnered with ReverseLogix to automate reverse logistics for e-commerce, addressing the surge in returns.
- March 2022: Cargojet secured an expanded agreement with DHL Express for aircraft leasing, boosting DHL's capacity in the Americas.
In-Depth Air Freight Forwarding Market Market Outlook
The air freight forwarding market is poised for continued growth, driven by the sustained expansion of e-commerce, globalization, and technological advancements. Strategic partnerships, focusing on innovation and sustainability, will play a crucial role in shaping the competitive landscape. The focus on optimizing last-mile delivery, expanding into underserved markets, and enhancing supply chain visibility will determine the success of key players in this dynamic sector.
Air Freight Forwarding Market Segmentation
-
1. Service
- 1.1. Airlines
- 1.2. Mail
- 1.3. Other services
-
2. Destination
- 2.1. Domestic
- 2.2. International
Air Freight Forwarding Market Segmentation By Geography
-
1. North America
- 1.1. United States
- 1.2. Canada
- 1.3. Mexico
-
2. Europe
- 2.1. Germany
- 2.2. France
- 2.3. Netherlands
- 2.4. United Kingdom
- 2.5. Italy
- 2.6. Rest of Europe
-
3. Asia Pacific
- 3.1. China
- 3.2. Japan
- 3.3. Australia
- 3.4. India
- 3.5. Singapore
- 3.6. Malaysia
- 3.7. Indonesia
- 3.8. South Korea
- 3.9. Rest of Asia Pacific
- 4. Middle East
-
5. South Africa
- 5.1. Egypt
- 5.2. GCC Countries
- 5.3. Rest of Middle East
-
6. South America
- 6.1. Brazil
- 6.2. Chile
- 6.3. Rest of South America
Air Freight Forwarding Market Regional Market Share
Geographic Coverage of Air Freight Forwarding Market
Air Freight Forwarding Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.00% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increase in the demand for the Air Cargo Capacity; The Rise of E-commerce
- 3.3. Market Restrains
- 3.3.1. Cargo Restrictions
- 3.4. Market Trends
- 3.4.1. The increase in E-Commerce is driving the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Service
- 5.1.1. Airlines
- 5.1.2. Mail
- 5.1.3. Other services
- 5.2. Market Analysis, Insights and Forecast - by Destination
- 5.2.1. Domestic
- 5.2.2. International
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Middle East
- 5.3.5. South Africa
- 5.3.6. South America
- 5.1. Market Analysis, Insights and Forecast - by Service
- 6. North America Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Service
- 6.1.1. Airlines
- 6.1.2. Mail
- 6.1.3. Other services
- 6.2. Market Analysis, Insights and Forecast - by Destination
- 6.2.1. Domestic
- 6.2.2. International
- 6.1. Market Analysis, Insights and Forecast - by Service
- 7. Europe Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Service
- 7.1.1. Airlines
- 7.1.2. Mail
- 7.1.3. Other services
- 7.2. Market Analysis, Insights and Forecast - by Destination
- 7.2.1. Domestic
- 7.2.2. International
- 7.1. Market Analysis, Insights and Forecast - by Service
- 8. Asia Pacific Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Service
- 8.1.1. Airlines
- 8.1.2. Mail
- 8.1.3. Other services
- 8.2. Market Analysis, Insights and Forecast - by Destination
- 8.2.1. Domestic
- 8.2.2. International
- 8.1. Market Analysis, Insights and Forecast - by Service
- 9. Middle East Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Service
- 9.1.1. Airlines
- 9.1.2. Mail
- 9.1.3. Other services
- 9.2. Market Analysis, Insights and Forecast - by Destination
- 9.2.1. Domestic
- 9.2.2. International
- 9.1. Market Analysis, Insights and Forecast - by Service
- 10. South Africa Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Service
- 10.1.1. Airlines
- 10.1.2. Mail
- 10.1.3. Other services
- 10.2. Market Analysis, Insights and Forecast - by Destination
- 10.2.1. Domestic
- 10.2.2. International
- 10.1. Market Analysis, Insights and Forecast - by Service
- 11. South America Air Freight Forwarding Market Analysis, Insights and Forecast, 2020-2032
- 11.1. Market Analysis, Insights and Forecast - by Service
- 11.1.1. Airlines
- 11.1.2. Mail
- 11.1.3. Other services
- 11.2. Market Analysis, Insights and Forecast - by Destination
- 11.2.1. Domestic
- 11.2.2. International
- 11.1. Market Analysis, Insights and Forecast - by Service
- 12. Competitive Analysis
- 12.1. Global Market Share Analysis 2025
- 12.2. Company Profiles
- 12.2.1 Hellmann Worldwide Logistics
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 DB Schenker Logistics
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Nippon Express
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Bolloré Logistics
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 UPS Supply Chain Solutions
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 DHL Supply Chain & Global Forwarding
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Expeditors International
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Kuehne + Nagel
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 Kintetsu World Express**List Not Exhaustive
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 DSV Panalpina
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.1 Hellmann Worldwide Logistics
List of Figures
- Figure 1: Global Air Freight Forwarding Market Revenue Breakdown (Million, %) by Region 2025 & 2033
- Figure 2: North America Air Freight Forwarding Market Revenue (Million), by Service 2025 & 2033
- Figure 3: North America Air Freight Forwarding Market Revenue Share (%), by Service 2025 & 2033
- Figure 4: North America Air Freight Forwarding Market Revenue (Million), by Destination 2025 & 2033
- Figure 5: North America Air Freight Forwarding Market Revenue Share (%), by Destination 2025 & 2033
- Figure 6: North America Air Freight Forwarding Market Revenue (Million), by Country 2025 & 2033
- Figure 7: North America Air Freight Forwarding Market Revenue Share (%), by Country 2025 & 2033
- Figure 8: Europe Air Freight Forwarding Market Revenue (Million), by Service 2025 & 2033
- Figure 9: Europe Air Freight Forwarding Market Revenue Share (%), by Service 2025 & 2033
- Figure 10: Europe Air Freight Forwarding Market Revenue (Million), by Destination 2025 & 2033
- Figure 11: Europe Air Freight Forwarding Market Revenue Share (%), by Destination 2025 & 2033
- Figure 12: Europe Air Freight Forwarding Market Revenue (Million), by Country 2025 & 2033
- Figure 13: Europe Air Freight Forwarding Market Revenue Share (%), by Country 2025 & 2033
- Figure 14: Asia Pacific Air Freight Forwarding Market Revenue (Million), by Service 2025 & 2033
- Figure 15: Asia Pacific Air Freight Forwarding Market Revenue Share (%), by Service 2025 & 2033
- Figure 16: Asia Pacific Air Freight Forwarding Market Revenue (Million), by Destination 2025 & 2033
- Figure 17: Asia Pacific Air Freight Forwarding Market Revenue Share (%), by Destination 2025 & 2033
- Figure 18: Asia Pacific Air Freight Forwarding Market Revenue (Million), by Country 2025 & 2033
- Figure 19: Asia Pacific Air Freight Forwarding Market Revenue Share (%), by Country 2025 & 2033
- Figure 20: Middle East Air Freight Forwarding Market Revenue (Million), by Service 2025 & 2033
- Figure 21: Middle East Air Freight Forwarding Market Revenue Share (%), by Service 2025 & 2033
- Figure 22: Middle East Air Freight Forwarding Market Revenue (Million), by Destination 2025 & 2033
- Figure 23: Middle East Air Freight Forwarding Market Revenue Share (%), by Destination 2025 & 2033
- Figure 24: Middle East Air Freight Forwarding Market Revenue (Million), by Country 2025 & 2033
- Figure 25: Middle East Air Freight Forwarding Market Revenue Share (%), by Country 2025 & 2033
- Figure 26: South Africa Air Freight Forwarding Market Revenue (Million), by Service 2025 & 2033
- Figure 27: South Africa Air Freight Forwarding Market Revenue Share (%), by Service 2025 & 2033
- Figure 28: South Africa Air Freight Forwarding Market Revenue (Million), by Destination 2025 & 2033
- Figure 29: South Africa Air Freight Forwarding Market Revenue Share (%), by Destination 2025 & 2033
- Figure 30: South Africa Air Freight Forwarding Market Revenue (Million), by Country 2025 & 2033
- Figure 31: South Africa Air Freight Forwarding Market Revenue Share (%), by Country 2025 & 2033
- Figure 32: South America Air Freight Forwarding Market Revenue (Million), by Service 2025 & 2033
- Figure 33: South America Air Freight Forwarding Market Revenue Share (%), by Service 2025 & 2033
- Figure 34: South America Air Freight Forwarding Market Revenue (Million), by Destination 2025 & 2033
- Figure 35: South America Air Freight Forwarding Market Revenue Share (%), by Destination 2025 & 2033
- Figure 36: South America Air Freight Forwarding Market Revenue (Million), by Country 2025 & 2033
- Figure 37: South America Air Freight Forwarding Market Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 2: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 3: Global Air Freight Forwarding Market Revenue Million Forecast, by Region 2020 & 2033
- Table 4: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 5: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 6: Global Air Freight Forwarding Market Revenue Million Forecast, by Country 2020 & 2033
- Table 7: United States Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 8: Canada Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 9: Mexico Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 10: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 11: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 12: Global Air Freight Forwarding Market Revenue Million Forecast, by Country 2020 & 2033
- Table 13: Germany Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 14: France Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 15: Netherlands Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 16: United Kingdom Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 17: Italy Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 18: Rest of Europe Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 19: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 20: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 21: Global Air Freight Forwarding Market Revenue Million Forecast, by Country 2020 & 2033
- Table 22: China Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 23: Japan Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 24: Australia Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 25: India Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 26: Singapore Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 27: Malaysia Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 28: Indonesia Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 29: South Korea Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 30: Rest of Asia Pacific Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 31: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 32: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 33: Global Air Freight Forwarding Market Revenue Million Forecast, by Country 2020 & 2033
- Table 34: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 35: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 36: Global Air Freight Forwarding Market Revenue Million Forecast, by Country 2020 & 2033
- Table 37: Egypt Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 38: GCC Countries Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 39: Rest of Middle East Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 40: Global Air Freight Forwarding Market Revenue Million Forecast, by Service 2020 & 2033
- Table 41: Global Air Freight Forwarding Market Revenue Million Forecast, by Destination 2020 & 2033
- Table 42: Global Air Freight Forwarding Market Revenue Million Forecast, by Country 2020 & 2033
- Table 43: Brazil Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 44: Chile Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
- Table 45: Rest of South America Air Freight Forwarding Market Revenue (Million) Forecast, by Application 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Air Freight Forwarding Market?
The projected CAGR is approximately 4.00%.
2. Which companies are prominent players in the Air Freight Forwarding Market?
Key companies in the market include Hellmann Worldwide Logistics, DB Schenker Logistics, Nippon Express, Bolloré Logistics, UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, Expeditors International, Kuehne + Nagel, Kintetsu World Express**List Not Exhaustive, DSV Panalpina.
3. What are the main segments of the Air Freight Forwarding Market?
The market segments include Service, Destination.
4. Can you provide details about the market size?
The market size is estimated to be USD 110.91 Million as of 2022.
5. What are some drivers contributing to market growth?
Increase in the demand for the Air Cargo Capacity; The Rise of E-commerce.
6. What are the notable trends driving market growth?
The increase in E-Commerce is driving the Market.
7. Are there any restraints impacting market growth?
Cargo Restrictions.
8. Can you provide examples of recent developments in the market?
August 2023: National Airlines (NASDAQ: NATUAL), a division of national air cargo group, Inc., and Etihad Cargo (MENA, a.k.a. Etihad Cargo), a dynamic Middle East-based freight carrier, has entered into an Interline Agreement for the successful implementation of the International Civil Aviation Regulations 23rd (ICAIR23) program for the U.S. Postal Service. This interline agreement establishes a unique partnership between National Airlines, which has decades of experience in international freight transportation, and Etihad Cargo, which has a global commercial network.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Air Freight Forwarding Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Air Freight Forwarding Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Air Freight Forwarding Market?
To stay informed about further developments, trends, and reports in the Air Freight Forwarding Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence