Cathay Pacific Airways

May 29, 2023

News provided by Share this article Share this article NEW YORK, May 29, 2023 /PRNewswire/ -- The air cargo market size is set to grow by 19.52 million tons from 2022 to 2027. However, the growth momentum will be progressing at a CAGR of 5.32% during the forecast period, according to Technavio. The air cargo market is fragmented, and the vendors are seeking strong partnerships with automotive, industrial, and commercial companies to compete in the market. Technavio has announced its latest market research report titled Global Air Cargo Market 2023-2027 Air France KLM Martinair Cargo, American Airlines Inc., Bollore Logistics, CAL Cargo Air Lines Ltd, Cargolux Airlines International SA, Cathay Pacific Airways Ltd, China Airlines Ltd., China Southern Airlines Co. Ltd., Delta Air Lines Inc., Deutsche Post AG, Emirates SkyCargo, Etihad Airways PJSC, Expeditors International of Washington Inc., FedEx Corp., IAG Cargo, Korean Air Lines Co. Ltd., Lufthansa Cargo, Nippon Express Holdings, Qatar Airways Cargo, Saudi Airlines Cargo Co., and Singapore Airlines Cargo are some of the major market participants. Discover market potential and make informed business decisions based on qualitative and quantitative evidence highlighted in Technavio reports. Request a sample report Air Cargo Market 2023-2027: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The air cargo market report covers the following areas: Growing demand from APAC Market Trends Rise in popularity of air cargo digitization Increased focus on autonomous vehicles in logistics sector Market Challenges Fluctuation in import and export levels Growth of seaborne trade as a substitute for air-borne trade In addition to the forecast, the report also highlights the key opportunities by analyzing drivers, trends, and challenges for the market, download a PDF sample Air Cargo Market 2023-2027: Segment Analysis End-user Manufacturing: The market share growth by the manufacturing segment will be significant during the forecast period. The manufacturing industry has the highest market value because of the automotive industry, which is a part of the manufacturing industry. FMCG And Retail Geography APAC: APAC is projected to contribute 30% of market growth by 2027. Air cargo services from APAC to countries from North America are expected to grow as various raw materials are shipped from APAC, where raw materials are available at a lower cost than in other regions of the world. North America South America The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, and growth in market share, among others  Buy the Report Air Cargo Market 2023-2027: Key Highlights CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist air cargo market growth during the next five years Estimation of the air cargo market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the air cargo market across APAC, North America, Europe, Middle East and Africa, and South America Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of air cargo market vendors Related Reports: Airport Ground Support Equipment Market - The airport ground support equipment market is estimated to grow at a CAGR of 4.27% between 2022 and 2027. The size of the market is forecast to increase by USD 1630.63 million. Urban Air Mobility (UAM) Market - The urban air mobility market is estimated to grow at a CAGR of 27.5% between 2022 and 2027. The size of the market is forecast to increase by USD 5,280.25 million. Get Instant access to 17000+ market research report Market growth 2023-2027 Performing market contribution Competitive landscape Key companies profiled Air France KLM Martinair Cargo, American Airlines Inc., Bollore Logistics, CAL Cargo Air Lines Ltd, Cargolux Airlines International SA, Cathay Pacific Airways Ltd, China Airlines Ltd., China Southern Airlines Co. Ltd., Delta Air Lines Inc., Deutsche Post AG, Emirates SkyCargo, Etihad Airways PJSC, Expeditors International of Washington Inc., FedEx Corp., IAG Cargo, Korean Air Lines Co. Ltd., Lufthansa Cargo, Nippon Express Holdings, Qatar Airways Cargo, Saudi Airlines Cargo Co., and Singapore Airlines Cargo Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact UK: +44 203 893 3200 Also from this source Enter Your Email By signing up you agree to receive content from us. Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our  PRN Consumer Newsletter Privacy Notice . You can withdraw your consent at any time in the footer of every email you'll receive.Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten. 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