Air cargo industry overview the air cargo market experienced strong demand growth in 2017 growth which is continuing into 2018. In todays air cargo market, belly cargo is of crucial importance. A report for the european commission prepared by air. Growth in air cargo anticipated to exceed passenger traffic growth in every major regional market forecasts anticipate the addition of more than 2,600 freighter airplanes by 2019, as nearly 1,100 current. The very first air vehicle that transported mail was a hot air balloon in 1785, but it was not until 1911 that an airplane was first used for carrying mail. This air cargo industry analysis provides market share and market sizing insights for all segments including regular cargo, express cargo, air freight and more.
That document was a collaborative effort by member airports and associate members that produced a high. The authors welcome any questions or comments that readers may have. Air cargo market 2027 by type, service, and end user the. The air cargo market refers to the transportation of goods via air.
Freighters will continue to carry more than half of the worlds air cargo demand. Driven by greater uncertainty and the growing popular of electronic commerce, global air cargo shipments increased by 9. Dhl global forwarding airfreight state of the industry november 2018. Global air cargo market trends, analysis and forecast. Trbs airport cooperative research program acrp report 143. Too many air cargo business plans make assumptions rather than presenting the actual facts. As a trade facilitator, air cargo increases the global reach of.
Direct any queries or suggestions to boeing world air cargo forecast team boeing commercial airplanes p. Establishing sustainable, competitive advantage in the air cargo business plan is difficult but it must be done. Com publish a new market research report on air cargo 2019 global market opportunities, challenges. Netscribes latest market research report titled air cargo market in india 2014 highlights the overall scenario of the air cargo network in india. It is neither a legally binding document, nor does it constitute a manual, standards or guidelines. Pdf air freight and logistics services researchgate. Security of air cargo shipments, operations, and facilities. We issue the biennial world air cargo forecast wacf to provide a comprehensive overview of the air cargo industry. Summarizing the air cargo market in 2017 cargo facts. Technavios latest report on the global air cargo market provides an analysis of the most important trends expected to impact the market outlook. Air cargo traffic fell in february as coronavirusrelated factory closures and travel restrictions began to hit the market. Air cargo growth varies by airline domicile and service type. An air cargo profile that includes industry background, historic trends, and a description of the airports in the state an assessment of the market capture of state airports an inventory of the air cargo facilities and services at airports in the state a forecast of future air cargo demand within the state. Air cargo market dynamics overview aci europe events.
Jan 29, 2020 xherald via comtex pmis latest report, air. The forecast summarizes the worlds major air trade markets, identifies major trends, and presents forecasts for the future performance and development of markets, as well as for the world freighter airplane fleet. The marketwatch news department was not involved in the creation of the content. We hope that you fi nd the 2018 global market forecast informative and useful. Although some uncertainty now surrounds the future of international trade flows, demand for air cargo has been set. The market is anticipated to have a sustainable growth from 2017 to 2025. Mar 10, 2020 air cargo market in the united states air transportation air transportation in canada u. Conversely, those numbers are the exact opposite for passenger transport. While passenger belly capacity is increasing, freighters maintain a market share. Sep 27, 2017 technavios latest report on the global air cargo market provides an analysis of the most important trends expected to impact the market outlook. Jan 29, 2020 xherald via comtex pmis latest report, air cargo market report is analyzed and studied on the. Impact of air cargo services on economic development icao. Iata air cargo demand continues negative 2019 trend. International air passenger and freight data is confidential for a period of 6 months, after which it can be released.
The event will be held 2325 april at the mandarin oriental pudong in shanghai. The 290page strategic report provides critical insights on the air cargo containers market size, share, trend, forecasts, and opportunity analysis. This air cargo guide is an updated and expanded edition of the original air cargo compendium. It includes priority handling at origin, first flight out, expedited clearance. Air cargo volumes have been volatile in 2019, due to the timing of chinese new year and easter, but the trend is clearly downwards, with volumes around 3% below the august 2018 peak. Air cargo world provides insightful information by way of data analysis and indepth coverage of events and trends affecting the airfreight logistics industry. Impacts on the air freight industry, customers and. Air cargo market worldwide is projected to grow by 36. The next update to the wacf will appear in fourth quarter 2016. Guidebook for air cargo facility planning and development explores tools and techniques for sizing air cargo facilities, including data and updated metrics for forecasting future facility requirements as a function of changing market and economic conditions. This is one of the common themes in our global market forecast when we explore the drivers for growth in aviation.
Global air cargo market size, share 2020 industry analysis by future demand, top players, size, share, opportunities, revenue and growth rate through 2024 says, stocks. Capacity growth has now outpaced that of demand for the last 12 months. Pdf air transport industry has gradually increased its share of global passenger and freight traffic, and this trend has accelerated in the last 40. Global air cargo market size, share 2020 industry analysis. Security of air cargo shipments, operations, and facilities congressional research service summary u. Global air freight industry growth, trends, and forecast. Pdf on jul 8, 2015, daniel wenzel and others published air cargo market assessments and forecasts find, read and cite all the research. The air cargo market is witnessing robust growth owed to growing instant shipment and delivery demands from ecommerce and just in time manufacturers. A market study with implications for landlocked countries. Thus, the two markets, people and cargo, are significantly different, and so the systems that transport both are significantly different as well.
The value of air cargo international civil aviation. The forecast summarizes the worlds major air trade markets, identifies major trends, and presents forecasts for the future. Jan 31, 2018 those interested in learning more about where air freight demand is headed in 2018 are invited to join us at cargo facts asia where a round table panel will look at emerging trends in the air cargo market. Air freight, one of the segments analyzed and sized in this study, displays the.
Many retailers are making an effort to integrate the air cargo delivery process with their customer service offering to respond to increasing consumer pressure. Box 3707, mc 23 seattle, washington 981242207 usa fax number. Fuel and air transport a report for the european commission prepared by air transport department, cranfield university this report provides supplementary information to the quarterly and annual reports that cranfields department of air transport has provided to the european commission under contract tren05mds07. An industry expert estimates that 1520 tonnes of air cargo is worth 3040 economy passenger seats, when both are on passenger planes. Guidebook for air cargo facility planning and development. Moving freight in a global economy 7 the air cargo industry andreea popescu, pinar keskinocak, and issam al mutawaly 7. Air cargo revenue management market information since the beginning of the 20th century, with the arrival of powered planes, cargo has been transported by air. Air cargo 2019 global market opportunities, challenges. Stable cargo volumes point to a weak start to the peak season. Those interested in learning more about where air freight demand is headed in 2018 are invited to join us at cargo facts asia where a round table panel will look at emerging trends in the air cargo market. Economic growth and globalization drive air cargo demand. For time sensitive cargo dhl air priority is the right choice. For the purposes of this publication, the term air cargo is understood to include mail.
Air freight volume growth makes a robust start to q4. Sustaining enough aviation capacity to meet future air freight demand is the first step in encouraging future trade growth. By combining our products we can offer a seamless mix of transport modes. Failure to identify market need is a common mistake made in the development of the air cargo business plan.
Top 3 emerging trends impacting the air cargo market. As a result, quarterly reports and the year to datecalenday year raw data files available here will always lag by two quarters. International air passenger and freight statistics report. The report offers a complete background analysis of the air freight industry, including an assessment and contribution of the sector in the economy, market overview, market size estimation for key segments, key countries and emerging trends in the market segments, market dynamics, and key air freight parameters. Industrial production by market base year 20 100 in the future, air cargo traffic between production centres will be redefined october 2014 page 11 airbus cargo gmf 2014 further outsourcing of production to low labour cost countries more market fragmentation will be experienced new routes will add to traditional eastwest trunk routes. To set and regulate high standards and practices to be maintained by members. Jan 18, 2019 heraldkeeper via comtex wiseguyreports. Air cargo market in the united states air transportation air transportation in canada u. Mar 27, 2020 the air cargo market refers to the transportation of goods via air.
The air cargo market is heavily concentrated and around 70% of the global freighter fleet is used by the top 20 air cargo carriers. The market share of airlines based in asia and the middle. Air cargo market size, analysis, growth, 20192025 industry. Moving air cargo globally is destined for a broad audience and for information only. World air cargo forecast 20182037 5 ecommerce is a growing share of the air cargo market in the last two decades, the evolution of internet technology has led to the explosive growth of. Capacity constraints at londons airports, however, are not the only factor holding back air cargo growth. Read guidebook for air cargo facility planning and.
Network quality and catchment area analysis in the air cargo industry. International air passenger and freight statistics report overview. Companies in the sector must become as agile as possible, maintain air freights speed advantage, and deepen their partnerships. This chapter examines the characteristics of the air cargo industry.
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