Scandinavia Air Freight Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• The air freight sector is defined as consisting of revenues generated from freight transportation by air.
• The Scandinavian air freight sector had total revenues of $1.1 billion in 2022, representing a negative compound annual growth rate (CAGR) of 4.9% between 2017 and 2022.
• Sector consumption volumes declined with a negative CAGR of 4.8% between 2017 and 2022, reaching a total of 1.4 billion FTK in 2022.
• The Scandinavian air freight sector has declined recently owing to several factors such as increasing interest rates and rising inflation. High-interest rates reduce access to credit for the companies involved, thereby reducing the volume of investment which negatively impacts air freight. For instance, according to the OECD, the long-term interest rates in Norway grew from 1.6% in December 2017 to 3.0% in December 2022.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air freight market in Scandinavia
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in Scandinavia
• 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 Scandinavia air freight market with five year forecasts

Reasons to Buy

• What was the size of the Scandinavia air freight market by value in 2022?
• What will be the size of the Scandinavia air freight market in 2027?
• What factors are affecting the strength of competition in the Scandinavia air freight market?
• How has the market performed over the last five years?
• What are the main segments that make up Scandinavia's air freight market?