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, increasing globalization, and the rise of time-sensitive deliveries. The market's Compound Annual Growth Rate (CAGR) of 4.00% from 2025 to 2033 indicates a steady upward trajectory, fueled by the continuous demand for efficient and reliable international transportation of goods. Key segments include airline services, which dominate due to speed and reach, and international freight, representing a larger market share compared to domestic due to global trade expansion. Growth is further stimulated by technological advancements such as real-time tracking and improved logistics management systems, which enhance supply chain efficiency and transparency. However, factors such as fluctuating fuel prices, geopolitical instability, and potential disruptions to global trade networks pose challenges to sustained market expansion. The competitive landscape is dominated by major players like DHL, FedEx, UPS, and others, who are constantly striving to improve their service offerings and expand their global networks to capture larger market share. Regional growth is expected to be diverse, with Asia-Pacific and North America leading the charge due to robust economic growth and significant e-commerce activity in these regions.
Air Freight Forwarding Market Market Size (In Billion)
The strategic focus of leading air freight forwarders is shifting towards advanced technologies, including AI and data analytics, for improved route optimization, predictive maintenance, and enhanced customer service. This focus is complemented by ongoing investments in sustainable practices, aiming to reduce carbon footprint and meet increasingly stringent environmental regulations. Companies are also concentrating on strategic partnerships and acquisitions to broaden their service offerings and geographical reach. The market is expected to see consolidation among smaller players as larger firms continue to expand their dominance. Factors such as air cargo capacity constraints, evolving regulatory environments, and skilled labor shortages require continued monitoring and proactive mitigation strategies. Continued growth, however, is anticipated, driven by the inherent need for efficient and timely global freight movement.
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, covering market structure, dynamics, regional dominance, innovation trends, and future outlook. The study period spans from 2019 to 2033, with 2025 as the base and estimated year. This report is invaluable for industry professionals, investors, and anyone seeking a detailed understanding of this dynamic sector. The market is expected to reach xx Million by 2033, exhibiting a CAGR of xx%.
Air Freight Forwarding Market Structure & Innovation Trends
The Air Freight Forwarding market is characterized by a moderately concentrated structure, with key players like 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, and DSV Panalpina holding significant market share. However, the market also features numerous smaller players, creating a competitive landscape. Market share data for 2024 indicates that the top 10 players collectively hold approximately xx% of the market. Recent M&A activity has been moderate, with deal values ranging from xx Million to xx Million in recent years, primarily driven by efforts to enhance operational efficiency and expand geographical reach. Innovation is driven by the need for improved tracking and visibility, increased automation, and enhanced security measures across the supply chain. Regulatory frameworks, including those related to international trade and aviation safety, significantly influence market operations. Product substitutes, such as sea freight and road transport, remain competitive, particularly for less time-sensitive shipments. End-user demographics are diverse, encompassing businesses of all sizes across various industries.
Air Freight Forwarding Market Market Dynamics & Trends
The Air Freight Forwarding market is experiencing robust growth, fueled by several key factors. The rise of e-commerce continues to stimulate demand for expedited shipping solutions. Technological advancements, including the adoption of blockchain technology for enhanced transparency and data security, are transforming industry practices. Shifts in consumer preferences towards faster delivery times are pushing the market forward. Competitive dynamics are intense, with companies continuously investing in new technologies and expanding their service offerings to gain a competitive edge. The market is also affected by global economic conditions, with periods of economic expansion often leading to increased demand for air freight services. The market penetration of air freight forwarding services has increased steadily in recent years, reaching approximately xx% globally by 2024. This steady growth is anticipated to continue, leading to a projected CAGR of xx% during the forecast period (2025-2033).
Dominant Regions & Segments in Air Freight Forwarding Market
By Destination: The international segment dominates the Air Freight Forwarding market, driven by the increasing globalization of trade and the expansion of cross-border e-commerce.
- Key Drivers (International):
- Growing global trade volumes
- Expansion of international e-commerce
- Improved global infrastructure
By Service: The Airlines segment holds the largest share of the market due to their extensive network coverage and capacity.
- Key Drivers (Airlines):
- Established infrastructure
- Extensive network coverage
- High capacity
Dominance Analysis: The Asia-Pacific region is currently the leading market for air freight forwarding services, benefiting from strong economic growth, a large manufacturing base, and robust export activities. However, North America and Europe also remain significant markets, and competition among regions is expected to intensify.
Air Freight Forwarding Market Product Innovations
Recent innovations in the Air Freight Forwarding market are focused on enhancing visibility and efficiency. This includes the integration of advanced tracking technologies, the use of sophisticated route optimization software, and the adoption of automated warehouse systems. These innovations aim to improve delivery speeds, reduce costs, and enhance overall supply chain visibility. The increasing adoption of artificial intelligence (AI) and machine learning (ML) is driving significant changes within the industry, offering enhanced predictive capabilities and operational efficiency.
Report Scope & Segmentation Analysis
This report segments the Air Freight Forwarding market based on service type (Airlines, Mail, Other services) and destination (Domestic, International).
By Service:
- Airlines: This segment is expected to witness significant growth due to its extensive reach and capacity.
- Mail: This segment is relatively smaller but experiencing growth due to increased e-commerce.
- Other Services: This segment includes specialized services and is expected to show moderate growth.
By Destination:
- Domestic: This segment shows steady growth, driven by domestic trade and e-commerce.
- International: This segment dominates the market, propelled by globalization and cross-border e-commerce.
Each segment's growth projection, market size, and competitive dynamics are comprehensively analyzed in the full report.
Key Drivers of Air Freight Forwarding Market Growth
The growth of the Air Freight Forwarding market is fueled by several factors: the continuous expansion of e-commerce, increasing global trade volumes, technological advancements enabling improved tracking and efficiency (like AI and blockchain), and supportive government policies in key regions fostering logistics infrastructure development. The demand for faster and more reliable delivery solutions across various industries further strengthens this growth trajectory.
Challenges in the Air Freight Forwarding Market Sector
The Air Freight Forwarding market faces several challenges. Stringent regulatory requirements and customs procedures can create delays and increase costs. Fluctuations in fuel prices and geopolitical instability significantly impact operational expenses. Capacity constraints, particularly during peak seasons, can lead to delays and higher pricing. Intense competition among established players and the emergence of new entrants add further pressure to profitability.
Emerging Opportunities in Air Freight Forwarding Market
Several opportunities exist for growth in this market. The growing demand for specialized services, such as temperature-controlled transport and hazardous materials handling, presents a significant opportunity. The adoption of innovative technologies like drone delivery and autonomous vehicles holds the potential to revolutionize the industry. Expanding into underserved markets in developing economies represents another attractive avenue for growth.
Leading Players in the Air Freight Forwarding Market Market
Key Developments in Air Freight Forwarding Market Industry
- August 2023: National Airlines and Etihad Cargo entered into an Interline Agreement for ICAIR23 program implementation for the U.S. Postal Service.
- April 2022: DHL Supply Chain partnered with ReverseLogix to automate reverse logistics for e-commerce.
- March 2022: Cargojet secured an expanded agreement with DHL Express for aircraft leases, expanding DHL's capacity in the Americas.
Future Outlook for Air Freight Forwarding Market Market
The Air Freight Forwarding market is poised for continued growth, driven by the persistent expansion of e-commerce and global trade. Technological innovations will play a crucial role in enhancing efficiency and creating new opportunities. Strategic partnerships and acquisitions will shape the competitive landscape, while companies that effectively adapt to evolving market dynamics will be well-positioned for success. The increasing focus on sustainability and reducing carbon emissions will also be a significant factor influencing future market development.
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