Key Highlights
- Air freight is a mode of transportation that involves the movement of goods and cargo through the airways.
- The Canadian air freight sector had total revenues of$1.54 billion in 2023, representing a compound annual growth rate (CAGR) of 7.8% between 2018 and 2023.
- Sector consumption volume increased with a CAGR of 8.5% between 2018 and 2023, to reach a total of3.73 billion FTK in 2023.
- In 2023, the revenue of the Canadian air freight sector decelerated, witnessing an annual growth of 0.3%. The lower yield is attributed to the downturn in the demand for air cargo services and the decline in air freight rates.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air freight market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in Canada
- Leading company profiles reveal details of key air freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada air freight market with five year forecasts
Reasons to Buy
- What was the size of the Canada air freight market by value in 2023?
- What will be the size of the Canada air freight market in 2028?
- What factors are affecting the strength of competition in the Canada air freight market?
- How has the market performed over the last five years?
- What are the main segments that make up Canada's air freight market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Air Canada
- American Airlines Inc
- Cargojet Inc
- FedEx Corp