Key Insights
The global air freight forwarding market, valued at $110.91 billion in 2025, is projected to experience robust growth, driven by the expansion of e-commerce, increasing global trade, and the rising demand for faster and more efficient delivery solutions across various industries. The market's Compound Annual Growth Rate (CAGR) of 4.00% from 2025 to 2033 indicates a steady upward trajectory. Key growth drivers include the globalization of supply chains, the increasing reliance on just-in-time inventory management, and the growth of specialized freight forwarding services catering to temperature-sensitive goods and high-value products. The air freight forwarding market is segmented by service type (Airlines, Mail, Other Services) and destination (Domestic, International). The international segment is anticipated to dominate, fueled by cross-border trade and the increasing interconnectedness of global economies. Leading players such as DHL, FedEx, UPS, and others compete fiercely, leveraging their extensive networks and technological capabilities to offer comprehensive logistics solutions. While challenges such as fluctuating fuel prices and geopolitical instability exist, the long-term outlook for the air freight forwarding market remains positive, promising substantial growth opportunities for established players and new entrants alike.
Air Freight Forwarding Market Market Size (In Billion)
The market's regional distribution is diverse, with North America, Europe, and Asia Pacific accounting for significant shares. North America benefits from a robust economy and established infrastructure, while Asia Pacific is experiencing rapid growth driven by the booming e-commerce sector and industrial expansion in countries like China and India. Europe's mature market maintains a strong presence, supported by well-developed logistics networks and a high volume of international trade. The South America, Middle East, and Africa regions exhibit promising growth potential, albeit at a potentially slower pace compared to the more established markets. The competitive landscape is marked by consolidation among leading players, strategic alliances, and continuous investment in technological advancements to enhance efficiency and improve service offerings. The ongoing development of advanced tracking systems, real-time data analytics, and automated processes will further shape the market's future, ensuring greater transparency and improved supply chain resilience.
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, offering invaluable insights for industry stakeholders, investors, and strategic decision-makers. We delve into market dynamics, key players, emerging trends, and future growth opportunities, covering the period from 2019 to 2033. The report leverages extensive data analysis to predict a market valued at xx Million by 2025, with a projected CAGR of xx% from 2025 to 2033.
Air Freight Forwarding Market Dynamics & Concentration
The air freight forwarding market is characterized by a moderately concentrated landscape, with a few dominant players capturing significant market share. Market concentration is influenced by factors like economies of scale, technological capabilities, and global network reach. Key players such as DHL, FedEx, and Kuehne + Nagel exert considerable influence, although numerous smaller companies also contribute to the overall market activity. Innovation plays a pivotal role, driven by the demand for enhanced efficiency, visibility, and sustainability within supply chains. Stringent regulatory frameworks, including those related to safety and security, significantly impact market operations. The increasing adoption of technology, particularly in areas like digitalization and automation, is transforming the market landscape.
- Market Share: Top 5 players hold approximately xx% of the market share (2024).
- M&A Activity: The market has witnessed xx M&A deals in the past five years (2019-2024), indicating ongoing consolidation.
- Innovation Drivers: Automation, data analytics, blockchain technology, and sustainable practices.
- Regulatory Frameworks: Compliance with international aviation regulations and trade policies.
- Product Substitutes: Sea freight and road freight represent competitive alternatives for certain types of cargo.
- End-User Trends: Increasing demand from e-commerce, healthcare, and manufacturing sectors.
Air Freight Forwarding Market Industry Trends & Analysis
The air freight forwarding market is experiencing dynamic growth, fueled by several factors. The global expansion of e-commerce has significantly boosted demand for swift and reliable air freight solutions. Technological advancements such as improved tracking systems, AI-powered optimization tools, and automated warehousing solutions are increasing efficiency and reducing costs. Furthermore, shifting consumer preferences towards faster delivery times and heightened expectations for supply chain transparency are driving market growth. Competitive pressures are pushing companies to innovate and offer more value-added services, fostering further market expansion.
- Market Growth Drivers: E-commerce growth, technological advancements, globalization, and rising disposable incomes.
- Technological Disruptions: Automation, AI, big data analytics, and blockchain integration.
- Consumer Preferences: Demand for faster delivery times and increased supply chain visibility.
- Competitive Dynamics: Intense competition, leading to price pressures and innovation in service offerings.
- CAGR (2025-2033): xx%
- Market Penetration: xx% in key regions by 2033.
Leading Markets & Segments in Air Freight Forwarding Market
The international segment currently dominates the air freight forwarding market, driven by increased cross-border trade and the globalization of supply chains. Within the services segment, Airlines represent the largest share, with Mail services showing moderate growth and other specialized services contributing a smaller yet important portion. Key drivers include:
- International Segment: Globalization of trade, rapid growth of e-commerce, and expanding global supply chains.
- Airlines Segment: High speed and reliability for time-sensitive goods.
- Domestic Segment: Regional trade and domestic distribution networks.
- Key Regional Drivers:
- North America: Strong e-commerce sector and established logistics infrastructure.
- Asia-Pacific: Rapid economic growth and manufacturing hubs.
- Europe: Developed infrastructure and robust trade relationships.
Air Freight Forwarding Market Product Developments
Recent product innovations focus on enhancing visibility, traceability, and efficiency across the air freight forwarding process. This includes the development of sophisticated tracking and monitoring systems, real-time data analytics platforms, and advanced logistics management software. The integration of blockchain technology for improved security and transparency is also gaining momentum. These developments improve overall efficiency and provide customers with greater control and visibility over their shipments.
Key Drivers of Air Freight Forwarding Market Growth
Several factors contribute to the sustained growth of the air freight forwarding market:
- Technological Advancements: Automation, AI-powered optimization, and real-time tracking systems.
- Economic Growth: Global economic expansion drives increased trade and manufacturing activity.
- Regulatory Changes: The implementation of new regulations fosters a more streamlined and efficient market.
Challenges in the Air Freight Forwarding Market Market
The air freight forwarding market faces challenges such as:
- Regulatory Hurdles: Compliance costs and navigating complex international regulations.
- Supply Chain Disruptions: Geopolitical instability and unpredictable events significantly impact operations.
- Competitive Pressures: Intense competition and pricing pressures necessitate continuous innovation and efficiency improvements.
Emerging Opportunities in Air Freight Forwarding Market
Future growth is driven by technological breakthroughs like the increased adoption of drone technology for last-mile deliveries, the expansion of strategic partnerships for enhanced service offerings, and market expansion into emerging economies with growing logistics needs.
Leading Players in the Air Freight Forwarding Market Sector
Key Milestones in Air Freight Forwarding Market Industry
- August 2023: National Airlines and Etihad Cargo enter into an Interline Agreement for ICAIR23 implementation, enhancing international freight transportation capabilities.
- April 2022: DHL Supply Chain partners with ReverseLogix to automate reverse logistics for e-commerce, addressing the growing returns market (USD 761 Billion in 2021).
- March 2022: Cargojet secures an expanded agreement with DHL Express, adding five 767Fs and further expanding capacity in the Americas by 18% (2021 peak season).
Strategic Outlook for Air Freight Forwarding Market Market
The air freight forwarding market presents significant growth potential, driven by technological advancements, strategic partnerships, and the expansion of e-commerce. Companies focusing on innovation, efficiency, and sustainability are well-positioned to capitalize on future market opportunities. The integration of technology across the entire supply chain will be crucial for maintaining competitiveness and delivering superior customer service.
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