Key Highlights
- Air freight is a mode of transportation that involves the movement of goods and cargo through the airways.
- The Indian air freight sector recorded revenues of $222.3 million in 2023, representing a negative compound annual growth rate (CAGR) of 20.5% between 2018 and 2023.
- Sector consumption volumes declined with a negative CAGR of 17.7% between 2018 and 2023, to reach a total of1.02 billion FTK in 2023.
- The growth in the Indian air freight sector is influenced by several macroeconomic factors, such as rising GDP and growing business confidence. For instance, according to the Organisation for Economic Co-operation and Development (OECD), the business confidence index in India reached 102.21 in February 2023, up from 97.01 in February 2021.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air freight market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in India
- 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 India air freight market with five year forecasts
Reasons to Buy
- What was the size of the India air freight market by value in 2023?
- What will be the size of the India air freight market in 2028?
- What factors are affecting the strength of competition in the India air freight market?
- How has the market performed over the last five years?
- What are the main segments that make up India'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 India Ltd
- Blue Dart Express Ltd
- Allcargo Logistics Limited
- Qatar Airways Group QCSC