This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The air freight market size has grown strongly in recent years. It will grow from $48.19 billion in 2024 to $52.27 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to footwear personalization, biometric foot mapping, health and wellness integration, connected footwear ecosystem, fashion-tech integration.
The air freight market size is expected to see strong growth in the next few years. It will grow to $68.27 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to adaptive learning algorithms, environmental sustainability, health monitoring and feedback, integration with smart assistants, augmented reality (ar) retail experiences. Major trends in the forecast period include material innovation, smart insole technology, collaborations and limited editions, dynamic style customization, adaptive and responsive design.
The anticipated surge in demand for fast-delivery services is set to drive the growth of the air freight market in the foreseeable future. Fast-delivery services, specialized logistics and transportation solutions, aim to ensure swift and timely delivery of goods, packages, or shipments between locations. Air freight, known for its unmatched speed compared to sea or land transportation, facilitates rapid delivery, enabling companies to meet tight deadlines and reduce overall transit times for goods. This makes air freight the preferred mode of transportation for time-sensitive and high-value products such as perishables, pharmaceuticals, and electronics. As projected by ShippyPro, an Italy-based software company, the delivery landscape is expected to see a significant increase, with an estimated 1.2 billion packages delivered in France and the UK by 2023, rising to 1.9 billion parcels by 2027. The same-day delivery market is also poised for substantial growth, with an estimated 260 to 521 million items delivered on the same day by 2027, up from 70 million in 2022. Consequently, the escalating demand for fast-delivery services serves as a catalyst for the growth of the air freight market.
The increasing prominence of the e-commerce industry is anticipated to propel the growth of the air freight market in the coming years. E-commerce, involving online transactions between businesses and consumers, heavily relies on the swift and efficient transportation of goods. Air freight plays a crucial role in the e-commerce sector by facilitating rapid and effective transportation, ensuring timely deliveries, and enabling global reach for online businesses. As reported by the U.S. Census Bureau in November 2023, U.S. retail e-commerce sales reached an estimated $271.7 billion in the third quarter of 2023, marking a 0.9% (±0.4%) increase from the preceding quarter. Compared to the same period in 2022, e-commerce sales saw a rise of 7.8% (±1.2%), while total retail sales increased by 2% (±0.4%). E-commerce sales constituted 14.9% of total sales in the third quarter of 2023. Therefore, the burgeoning e-commerce industry acts as a driving force for the growth of the air freight market.
Major companies in the air freight market are actively focused on technological innovation, exemplified by the introduction of solutions such as ECU360, aimed at enhancing profitability. ECU360 is a groundbreaking digital air freight service designed to simplify shipping processes for companies of all sizes. Launched in April 2023 by ECU Worldwide, a Belgium-based logistics company, ECU360 allows clients to access integrated services, including instant estimates, online booking, and real-time shipment monitoring. The technology streamlines air freight and shipping procedures, making global exportation more straightforward for businesses. This introduction positions ECU Worldwide as a provider of a distinctive digital logistics platform, contributing to its growth and expansion in the logistics sector.
In August 2023, Mediterranean Shipping Company S.A., a Switzerland-based shipping company, acquired AlisCargo Airlines S.p.A. for an undisclosed amount. This strategic acquisition aligns with MSC's plan to enhance and broaden its branded air cargo service, MSC Air Cargo. By incorporating AlisCargo Airlines, an Italy-based cargo airline specializing in air freight services, MSC aims to offer a more extensive range of air freight services to clients, consolidating its position in the air cargo industry.
Major companies operating in the air freight market report are Deutsche Post AG, United Parcel Service Inc., FedEx Corporation, Deutsche Bahn AG, Delta Air Lines Inc., American Airlines Inc., Kuehne+Nagel International AG, DSV Panalpina A/S, Southwest Airlines Co., Expeditors International Inc., British Airways PLC, Singapore Airlines Limited, Korean Air Lines Co. Ltd., UPS Supply Chain Solutions Inc., Air China Limited, XPO Logistics Inc., TNT Express BV, Kintetsu World Express Inc., Bollore Logistics, Cathay Pacific Airways Limited, Hellmann Worldwide Logistics SE & Co. KG, Cargolux Airlines International S.A., Lufthansa Cargo AG, ANA Cargo Inc., Yusen Logistics Co. Ltd., Qatar Airways Company Q.C.S.C., Nippon Express Co. Ltd., Etihad Airways PJSC, Agility Logistics Pvt. Ltd., CEVA Logistics Ltd.
Asia-Pacific was the largest region in the air freight market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the air freight market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The air freight market includes revenues earned by entities by providing services such as aircraft-on-ground services, pharmaceutical cargo services, valuable cargo and secure transport, door-to-door services, and customs clearance and documentation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Air freight is a mode of transporting goods, products, or cargo via aircraft. This method employs airplanes to transport cargo from one location to another, often covering long distances or involving international routes.
The primary services within air freight include freight, express, mail, and others. Freight pertains to the transportation of goods, cargo, or merchandise from one location to another, usually for commercial purposes. It encompasses diverse destinations, including both domestic and international locations, and finds applications in industries such as pharmaceuticals, personal care, chemicals, automobiles, fashion, and others.
The air freight market research report is one of a series of new reports that provides air freight market statistics, including air freight industry global market size, regional shares, competitors with an air freight market share, detailed air freight market segments, market trends and opportunities, and any further data you may need to thrive in the air freight industry. This air freight market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The air freight market size has grown strongly in recent years. It will grow from $48.19 billion in 2024 to $52.27 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to footwear personalization, biometric foot mapping, health and wellness integration, connected footwear ecosystem, fashion-tech integration.
The air freight market size is expected to see strong growth in the next few years. It will grow to $68.27 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to adaptive learning algorithms, environmental sustainability, health monitoring and feedback, integration with smart assistants, augmented reality (ar) retail experiences. Major trends in the forecast period include material innovation, smart insole technology, collaborations and limited editions, dynamic style customization, adaptive and responsive design.
The anticipated surge in demand for fast-delivery services is set to drive the growth of the air freight market in the foreseeable future. Fast-delivery services, specialized logistics and transportation solutions, aim to ensure swift and timely delivery of goods, packages, or shipments between locations. Air freight, known for its unmatched speed compared to sea or land transportation, facilitates rapid delivery, enabling companies to meet tight deadlines and reduce overall transit times for goods. This makes air freight the preferred mode of transportation for time-sensitive and high-value products such as perishables, pharmaceuticals, and electronics. As projected by ShippyPro, an Italy-based software company, the delivery landscape is expected to see a significant increase, with an estimated 1.2 billion packages delivered in France and the UK by 2023, rising to 1.9 billion parcels by 2027. The same-day delivery market is also poised for substantial growth, with an estimated 260 to 521 million items delivered on the same day by 2027, up from 70 million in 2022. Consequently, the escalating demand for fast-delivery services serves as a catalyst for the growth of the air freight market.
The increasing prominence of the e-commerce industry is anticipated to propel the growth of the air freight market in the coming years. E-commerce, involving online transactions between businesses and consumers, heavily relies on the swift and efficient transportation of goods. Air freight plays a crucial role in the e-commerce sector by facilitating rapid and effective transportation, ensuring timely deliveries, and enabling global reach for online businesses. As reported by the U.S. Census Bureau in November 2023, U.S. retail e-commerce sales reached an estimated $271.7 billion in the third quarter of 2023, marking a 0.9% (±0.4%) increase from the preceding quarter. Compared to the same period in 2022, e-commerce sales saw a rise of 7.8% (±1.2%), while total retail sales increased by 2% (±0.4%). E-commerce sales constituted 14.9% of total sales in the third quarter of 2023. Therefore, the burgeoning e-commerce industry acts as a driving force for the growth of the air freight market.
Major companies in the air freight market are actively focused on technological innovation, exemplified by the introduction of solutions such as ECU360, aimed at enhancing profitability. ECU360 is a groundbreaking digital air freight service designed to simplify shipping processes for companies of all sizes. Launched in April 2023 by ECU Worldwide, a Belgium-based logistics company, ECU360 allows clients to access integrated services, including instant estimates, online booking, and real-time shipment monitoring. The technology streamlines air freight and shipping procedures, making global exportation more straightforward for businesses. This introduction positions ECU Worldwide as a provider of a distinctive digital logistics platform, contributing to its growth and expansion in the logistics sector.
In August 2023, Mediterranean Shipping Company S.A., a Switzerland-based shipping company, acquired AlisCargo Airlines S.p.A. for an undisclosed amount. This strategic acquisition aligns with MSC's plan to enhance and broaden its branded air cargo service, MSC Air Cargo. By incorporating AlisCargo Airlines, an Italy-based cargo airline specializing in air freight services, MSC aims to offer a more extensive range of air freight services to clients, consolidating its position in the air cargo industry.
Major companies operating in the air freight market report are Deutsche Post AG, United Parcel Service Inc., FedEx Corporation, Deutsche Bahn AG, Delta Air Lines Inc., American Airlines Inc., Kuehne+Nagel International AG, DSV Panalpina A/S, Southwest Airlines Co., Expeditors International Inc., British Airways PLC, Singapore Airlines Limited, Korean Air Lines Co. Ltd., UPS Supply Chain Solutions Inc., Air China Limited, XPO Logistics Inc., TNT Express BV, Kintetsu World Express Inc., Bollore Logistics, Cathay Pacific Airways Limited, Hellmann Worldwide Logistics SE & Co. KG, Cargolux Airlines International S.A., Lufthansa Cargo AG, ANA Cargo Inc., Yusen Logistics Co. Ltd., Qatar Airways Company Q.C.S.C., Nippon Express Co. Ltd., Etihad Airways PJSC, Agility Logistics Pvt. Ltd., CEVA Logistics Ltd.
Asia-Pacific was the largest region in the air freight market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the air freight market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the air freight market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The air freight market includes revenues earned by entities by providing services such as aircraft-on-ground services, pharmaceutical cargo services, valuable cargo and secure transport, door-to-door services, and customs clearance and documentation. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Air freight is a mode of transporting goods, products, or cargo via aircraft. This method employs airplanes to transport cargo from one location to another, often covering long distances or involving international routes.
The primary services within air freight include freight, express, mail, and others. Freight pertains to the transportation of goods, cargo, or merchandise from one location to another, usually for commercial purposes. It encompasses diverse destinations, including both domestic and international locations, and finds applications in industries such as pharmaceuticals, personal care, chemicals, automobiles, fashion, and others.
The air freight market research report is one of a series of new reports that provides air freight market statistics, including air freight industry global market size, regional shares, competitors with an air freight market share, detailed air freight market segments, market trends and opportunities, and any further data you may need to thrive in the air freight industry. This air freight market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Air Freight Market Characteristics3. Air Freight Market Trends and Strategies4. Air Freight Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Air Freight Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Air Freight Market34. Recent Developments in the Air Freight Market
5. Global Air Freight Growth Analysis and Strategic Analysis Framework
6. Air Freight Market Segmentation
7. Air Freight Market Regional and Country Analysis
8. Asia-Pacific Air Freight Market
9. China Air Freight Market
10. India Air Freight Market
11. Japan Air Freight Market
12. Australia Air Freight Market
13. Indonesia Air Freight Market
14. South Korea Air Freight Market
15. Western Europe Air Freight Market
16. UK Air Freight Market
17. Germany Air Freight Market
18. France Air Freight Market
19. Italy Air Freight Market
20. Spain Air Freight Market
21. Eastern Europe Air Freight Market
22. Russia Air Freight Market
23. North America Air Freight Market
24. USA Air Freight Market
25. Canada Air Freight Market
26. South America Air Freight Market
27. Brazil Air Freight Market
28. Middle East Air Freight Market
29. Africa Air Freight Market
30. Air Freight Market Competitive Landscape and Company Profiles
31. Air Freight Market Other Major and Innovative Companies
35. Air Freight Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Air Freight Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on air freight market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for air freight? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The air freight market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Service: Freight; Express; Mail; Other Services2) By Destination: Domestic; International
3) By End Use: Pharmaceutical; Personal Care; Chemicals; Automobile; Fashion; Other End Users
Subsegments:
1) By Freight: General Cargo; Perishable Goods; Dangerous Goods; Other Freight2) By Express: Time-sensitive Shipments; Door-To-door Services; Other Express Services
3) By Mail: Letters; Parcels; Other Mail Services
4) By Other Services: Charter Services; Customs Clearance; Warehousing And Distribution; Other Services
Key Companies Mentioned: Deutsche Post AG; United Parcel Service Inc.; FedEx Corporation; Deutsche Bahn AG; Delta Air Lines Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Air Freight market report include:- Deutsche Post AG
- United Parcel Service Inc.
- FedEx Corporation
- Deutsche Bahn AG
- Delta Air Lines Inc.
- American Airlines Inc.
- Kuehne+Nagel International AG
- DSV Panalpina A/S
- Southwest Airlines Co.
- Expeditors International Inc.
- British Airways plc
- Singapore Airlines Limited
- Korean Air Lines Co. Ltd.
- UPS Supply Chain Solutions Inc.
- Air China Limited
- XPO Logistics Inc.
- TNT Express BV
- Kintetsu World Express Inc.
- Bollore Logistics
- Cathay Pacific Airways Limited
- Hellmann Worldwide Logistics SE & Co. KG
- Cargolux Airlines International S.A.
- Lufthansa Cargo AG
- ANA Cargo Inc.
- Yusen Logistics Co. Ltd.
- Qatar Airways Company Q.C.S.C.
- Nippon Express Co. Ltd.
- Etihad Airways PJSC
- Agility Logistics Pvt. Ltd.
- CEVA Logistics Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 52.27 Billion |
Forecasted Market Value ( USD | $ 68.27 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |