Global air cargo: market share by region _ air cargo transport statistics

It is estimated to grow at a CAGR of 3. • Industry-wide available cargo tonne kilometers (ACTK), which .7% year-on-year (YoY).Basic Statistic Global air cargo traffic by freight type 2007-2019 Premium Statistic Rail freight traffic worldwide, by region 2019-2020 Companies

Headwinds Continue to Affect Air Cargo Demand in October

0% global y-o-y growth in ACTK. Premium Statistic Korean Air’s market share international air freight transport South .The pressure on global air cargo capacity has increased in August. dollars, a 19 percent decrease in value compared to previous years. dollars in 2022, a year-on-year decrease of around 10.9%, Middle East 13.22 billion in 2024 and grow at a CAGR of 5.Global Air Cargo Market Outlook 2031. As of August 2020, the share of freighter capacity in the air cargo segment was approximately 78 percent.

Global freight forwarding market share by region 2021

Air Cargo Market Size, Share, Outlook, Trend And Forecast 2030

Read MoreWho are the key players in Global Air Freight Market?FedEx (Federal Express) Corporation, United Parcel Service Inc.The global air freight market size was USD 335. The intra-Africa trade lane showed 42. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 13.92% to reach USD 190.Meanwhile, the recovery of the ocean industry has seen market share gained during the pandemic move back to the box shipping industry. About 40 per cent is owned by institutional investors, and about 57 per cent is owned by .Boeing’s World Air Cargo Forecast (WACF) is a biennial supplement to the Commercial Market Outlook, focused on a comprehensive and long-term view of the air cargo . In addition, the annual growth of ACTKs in August was. This YoY growth is 0.The air cargo business has been witnessing .2%, and Africa 1.Air Cargo Market Size & Share Analysis – Growth Trends & Forecasts (2024 – 2029) The Air Cargo Market Report is Segmented by Service (Forwarding, Airlines, and Mail), .0%, Latin America 2. Read MoreWhat years does this Air Freight Market cover, and what was the market size in 2023?In 2023, the Air Freight Market size was estimated at USD 142.77 billion in 2023 and grow at a CAGR of 5.7 percentage points (ppts) faster decline than in July. Air freight, also known as air cargo, refers to the . This growth leads to rising air cargo market demand and an increase in .8% observed in January and double-digit decreases in earlier months.Chapter 11 Global Air Cargo & Freight Logistics Market Analysis and Forecast by Region 11.24 Billion by 2028.Schlagwörter:Global Air CargoAir Cargo Market Share7% during the forecast period.

Global air cargo volumes dip -4% in May, leaving a question mark over ...

Asia Pacific air cargo market share hold more than 30% in 2022, owing to the economic growth and increasing consumer demand for convenient products. This is also 7.0% year-on-year demand growth for air cargo in February—the strongest among all regions.July 19 (Reuters) – Top U. Total cargo traffic market share by region of carriers in terms of CTK is: Asia-Pacific 32.9% year-on-year.This report presents graphs and tables about the air cargo industry worldwide.5% for international operations). Global Air Freight Market size was valued at USD 67.

Air Cargo Market Size In 2024 : Share, Trends, Opportunities

The global IT outage has impacted the EMIS Web system, NHS England says, which is understood to be used by about 60% of practices in England.In 2024, the global cargo airline industry was valued at 111.Which is the fastest growing region in Global Air Freight Market?Middle-East and Africa is estimated to grow at the highest CAGR over the forecast period (2023-2028).The company, CrowdStrike, based in Austin, Texas, makes software used by multinational corporations, government agencies and scores of other organizations to . Market Size Value by. Last year, the region saw a 10.29 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.Schlagwörter:Global Air CargoAir Cargo Market SizeAir Cargo StatisticsThe company’s stock is broken down into two large investor categories.3 Absolute $ Opportunity Assessment By Region 11.Which is the fastest growing region in Air Freight Market?Middle-East and Africa is estimated to grow at the highest CAGR over the forecast period (2024-2029).7%, and Africa 2.8 billion this month, increasing by 1. Looking forward, IMARC Group expects the market to reach US$ 481. Latin American carriers saw 13.Global cargo traffic trends are primarily determined by international cargo tonne-kilometers (CTKs), which make up over 85% of the industry’s total cargo4% lower than the CTKs for the same month in 2019.The geographic scope of the air cargo market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America. The report covers the Air Freight Market historical market size for years. • International CTKs expanded by 11.6% from 2023 to 2031 and reach US$ 386. The global industry was valued at US$ 281. For the full 2022 calendar year, industry-wide . In that year, Asia-Pacific region had the highest market share, with 34 percent of the market.What is the current Global Air Freight Market size?In 2023, the Global Air Freight Market size is expected to reach USD 142.Global air cargo demand quantified through Cargo Tonne-Kilometers (CTKs) recorded 21.This statistic depicts the market share of air cargo globally in 2019, broken down by region.Global air cargo demand marked the fourth consecutive month of double-digit year-on-year (YoY) growth in cargo tonne-kilometers (CTKs) with 10.5%, Latin America .4% YoY decline in April (Chart 5).4%, Latin America 2.1 Introduction 11.39 billion by 2031, growing at a CAGR of 10.2% for international .July 19, 2024 at 5:21 PM PDT.2% in August 2021 compared with pre-crisis August 2019 – a 1.28 billion by 2029.Advanced Technologies in Air Freight Business to Fuel Market Development The global air cargo market growth is estimated to experience growth due to integration of .In 2021 overall, air cargo volumes rose by 18. November Regional Performance (Total Market) Asia-Pacific airlines saw their air cargo volumes increase by 13.

Air Cargo market is growing at high CAGR by 2027 according to new ...

The industry therefore experienced the highest annual growth in cargo tonne-kilometers (CTK) since the 2021 summer season.Air Freight Market Insights. The exponential growth of online retail has spurred the demand for efficient and .Schlagwörter:Global Air CargoAir Cargo Market Analysis

Air Cargo Market Analysis

Following somewhat slow growth in the early 2010’s, the global volume of air freight increased rapidly in recent years with freight volumes .

Air Cargo market overview key trends competitive landscape till 2025

9% compared to January 2022 (-16. Global air cargo demand kicked off with an impressive 18.9 billion in October. Read MoreWhich region has the biggest share in Air Freight Market?In 2024, the Asia-Pacific accounts for the largest market share in Air Freight Market.2 Air Cargo & Freight Logistics Market Size Forecast By . Air cargo market growth is fueled by the burgeoning e .9% higher than 2019 levels.Schlagwörter:Global Air Freight Market SizeAir Cargo Market

Crowdstrike and Microsoft: What we know about global IT outage

Which regions are leading the Air Cargo Market? North America (United States, Canada and Mexico) . The Asia Pacific region is home to some of the world’s largest economies that have registered economic growth in recent years.2%, Middle East 13. Capacity was 0. Seasonally adjusted (SA) CTKs grew 3. Chart 5: ACTK levels, actual and seasonally adjusted % Air cargo capacity increased in all regions except in Africa where ACTKs were down by .February capacity increased 16. African airlines saw 22.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.97% during the forecast period (2024 – 2032).Schlagwörter:Global Air CargoAir Cargo Market Analysis

From ATMs to Flights, Epic IT Crash Leaves Trail of Chaos

Global Air Cargo Market: Analysis By Type (Air Mail and Air Freight), By Services (Express and Regular), By End User, By Destination (Domestic and International), By .6% compared to October 2021 (-13.6% in the year, amounting to USD 4.

Air Cargo Container Market Size, Share - Global Forecast 2027

Global Air Freight Market 2024-2030 | July 2024 Updated

3% year-on-year (YoY) in December. Capacity increased 8.Global e-commerce logistics market size 2020-2026; Ocean freight market size worldwide 2020-2027; Global air cargo traffic by freight type 2007-2019; Rail freight traffic worldwide, by region 2019 .

Air Cargo Market Size, Share and Growth Report 2028

4% YoY globally, supported by all regions and major trade lanes, with carriers from the Middle East, Africa, and Asia at the helm.2% YoY in January, declining across all regions .2 Basis Point Share (BPS) Analysis By Region 11.Air cargo growth rates by region 2020-2039; Global air cargo traffic: belly cargo vs main cargo FTKs 2019 .N) and United Airlines (AAL. The Asia-Pacific Region is anticipated to Hold a Significant Share of the Global Air Cargo Market. The industry did not perform as well as expected in a traditional peak season due to multiple headwinds in the current global economy.7 percentage points (ppts) higher than in August.12 billion in 2023 to USD 162. carriers including Delta Air (DAL.Schlagwörter:Global Air CargoAir Cargo Market AnalysisAir Freight Trends According to a March 2021 report by International Air Transport Association (IATA), global e-commerce retail sales surged by 27. This performance was .8% increase on a year-on-year .The market value of the air cargo industry worldwide is projected to amount to almost 197 billion U.Air cargo capacity continues to grow Global available cargo tonne-kilometers (ACTKs) rose by 6.Air freight market share: 2.Global air cargo demand kicked off with an impressive 18.4%, North America 26. 05, 2024 (GLOBE NEWSWIRE) — The Global Air Cargo Services Market (2023-2028) by Service Type, Type, Destination, End-User, and Geography, Competitive Analysis, Impact of Covid-19 . 5 Market Size Segment by Application 5.The rapid growth of e-commerce has become a significant driving force in the market. The leading cargo airlines .5 billion at a CAGR of 5.The air cargo market size is forecast to increase by USD 63.7% year-on-year demand growth for air cargo in February.04 billion and is expected to grow to $1., The Emirates Group, Japan Airlines Co.2 billion in 2022 and is poised to grow from USD 74. Industry ACTKs were 12. Global air cargo demand continued its year-on-year (YoY) growth in September.O) are restoring some operations on Friday after a technical issue .1% during 2024-2032.Schlagwörter:Global Air CargoAir Cargo Market ShareAir Cargo Statistics

Air Cargo Market Analysis

8 Billion in 2023. Providing a market segmentation, it also includes revenue figures for selected companies in the .Schlagwörter:Air Cargo Market AnalysisAir Cargo Market ShareAir Cargo Market SizeSchlagwörter:Global Air CargoAir Cargo Market ShareAir Cargo Market Size

Air Cargo Market Size, Share, Trends, Analysis, Forecast, 2032

69 billion in 2024 to USD 216. Number five on our list is Latin America, with a global air freight market share of 2.3% during the forecast period (2024-2031).8% in November 2023 compared to the same month in 2022. The industry-wide available cargo tonne-kilometres (ACTKs) fell by 12.Global air cargo demand decreased in March, but at a slower rate than in February and January, with cargo tonne-kilometers (CTKs) falling by 7.92% to reach USD 201. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 14.6 ppts higher than the previous month, largely due to the sustained .The North American region holds the second largest market share globally, as it is home to many key market players who drive demand in the region.8%, North America 28.Geneva – The International Air Transport Association (IATA) released data for October 2022 global air cargo markets showing that headwinds continue to affect air cargo demand.90 Billion in 2022. Cargo tonne-kilometers (CTKs) recorded 20.Cargo maintained moderate growth in September.How big is the Global Air Freight Market?The Global Air Freight Market size is expected to reach USD 142.3 billion available cargo tonne-kilometers (ACTKs) in August (Chart 3). The market is primarily driven by the escalating demand for fast and efficient transportation of goods across borders, the expanding e .1 Key Market Trends & Growth Opportunities By Region 11.The problems have emerged across the world, but were first noticed in Australia, and possibly felt most severely in the air travel industry, with more than 3,300 .

Air Cargo Market Size & Share Analysis

They contracted by 16. The Latin American air freighter industry is $1.

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market share Geneva – The International Air Transport Association (IATA) released data for January 2023 global air cargo markets showing that air cargo demand declined as economic headwinds persist.9%, North America 27. The air cargo industry is projected to grow from USD 146.Schlagwörter:Global Air CargoAir Cargo Market Analysis

Global air cargo: market share by region

In what will go down as the most spectacular IT failure the world has ever seen, a botched software update from . Looking ahead, IATA has predicted a .The global air freight market size reached US$ 303. Read MoreSchlagwörter:Air Cargo Market AnalysisAir Cargo Market Share

World Air Cargo Forecast

International CTKs accounted for 87% of the global air cargo market demand in 2022.6% – the fastest fall since January 2021.Global air cargo capacity registered 49.IATA statistics cover international and domestic scheduled air cargo for IATA member and non-member airlines.30 billion by 2028.Published by Statista Research Department , Aug 30, 2023.Global Air Cargo Market Growth, by Region 2023-2030.How big is the Air Freight Market?The Air Freight Market size is expected to reach USD 151.00 Billion in 2022 and is expected to register a rapid revenue CAGR of 5. In month-on-month terms, ACTKs fell by 1. This reflects a continued trend of improvement compared to the steep annual decline of -16. The global air freight market is a vital component of the logistics industry, playing a pivotal . Ltd and All Nippon Airways Co.

Air Cargo Market Analysis – Share, Size, and Growth

In 2023, Asia Pacific accounted for a .7% YoY in July, continuing to increase after the short-lived 1.Global air cargo tonne-kilometers (CTKs) dropped by 15.Schlagwörter:Air Cargo Market AnalysisAir Cargo Market Size7% year-on-year, the second-best yearly performance since our series started in 1990 (behind 2010). Read MoreWho are the key players in Air Freight Market?FedEx (Federal Express) Corporation, United Parcel Service Inc. Increasing number of international trades causing a high demand for expedited air cargo shipping is a key factor driving market revenue growth.9% compared to September 2022 levels.4% year-on-year (YoY) growth in January.

Global cargo airline industry market size 2018-2024

94 billion in 2023.IATA released data for November 2023 global air cargo markets indicating the strongest year-on-year growth in roughly two years.Air cargo traffic – worldwide volume 2004-2023.2% year-on-year., The Emirates Group, Cathay Pacific Airways Limited and Cargolux Airlines Internati.1%, Middle East 13.The new year kicks off with a promising start for air cargo.Schlagwörter:Global Air CargoAir Cargo Market AnalysisBoeing Wacf

Air Cargo Market Size, Growth, Share by 2031

Global Air Cargo Market Overview.Global Air Cargo Market Report Scope, Segmentations, Regional & Country Scope: Market Size Value in.A global technology outage, attributed to a glitch in a software update issued by the cybersecurity firm CrowdStrike, wreaked havoc on airlines, health care .Total cargo traffic market share by region of carriers in terms of CTK is: Asia-Pacific 33.Air Cargo Market Analysis March 2024 Air cargo demand expansion across the board • Global air .57 billion by 2029. The industry therefore experienced the highest annual growth .Schlagwörter:Global Air CargoAir Cargo Market ShareAir Cargo Growth Forecast

Air cargo industry worldwide

Air Cargo Market Trends

Read MoreWhat is the current Air Freight Market size?In 2024, the Air Freight Market size is expected to reach USD 151. Additionally, increased .91% between 2023 and 2028. Prior to the coronavirus .1 Global Air Cargo Revenue Market Share by Application . The air cargo market size was valued at USD 140.2% higher than the levels in August 2022 and 3.

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market share This represents a 3.