Key Highlights
- The air freight sector is defined as consisting of revenues generated from freight transportation by air.
- The Australian air freight sector had total revenues of $0.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 7.8% between 2017 and 2022.
- Sector consumption volumes declined with a negative CAGR of 8.6% between 2017 and 2022, reaching a total of 1.3 billion FTK in 2022.
- The Australian 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 grew from 2.6% in December 2017 to 3.6% in December 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the air freight market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in Australia
- 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 Australia air freight market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Australia air freight market by value in 2022?
- What will be the size of the Australia air freight market in 2027?
- What factors are affecting the strength of competition in the Australia air freight market?
- How has the market performed over the last five years?
- Who are the top competitors in Australia's air freight market?
What is the estimated value of the Australian Air Freight Market?
What is the growth rate of the Australian Air Freight Market?
What is the forecasted size of the Australian Air Freight Market?
Who are the key companies in the Australian Air Freight Market?
Report Attribute | Details |
---|---|
No. of Pages | 41 |
Published | March 2023 |
Forecast Period | 2022 - 2027 |
Estimated Market Value ( USD | $ 0.79 Billion |
Forecasted Market Value ( USD | $ 1.3 Billion |
Compound Annual Growth Rate | 10.5% |
Regions Covered | Australia |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Deutsche Post AG
- Qantas Airways Limited
- Kuehne + Nagel Inc
- FedEx Corp