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Europe Air Cargo Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Air Mail and Air Freight), Service (Express and Regular), and End User (Retail, Pharmaceutical & Healthcare, Food & Beverage, Consumer Electronics, Automotive, and Others)

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    Report

  • 144 Pages
  • August 2021
  • Region: Europe
  • The Insight Partners
  • ID: 4787373
UP TO OFF until Jan 15th 2023
Regular Segment to Dominate Europe Air Cargo Market during 2020-2028.





According to a new market research study on “Europe Air Cargo Market to 2028 - COVID-19 Impact and Analysis and Forecast by: Type, Services, and End-user,” is expected to reach US$ 49.23 billion by 2028 from US$ 28.60 billion in 2021. The market is estimated to grow at a CAGR of 8.1% from 2021 to 2028. The report provides trends prevailing in the Europe air cargo market along with the drivers and restraints pertaining to the market growth. Incessant need to transport temperature-sensitive products is the major factor driving the growth of the Europe air cargo market. However, issues associated with the market vagueness and convolutions of temperature-sensitive cargo hinder the growth of Europe air cargo market.

The Europe air cargo market is segmented into type, services, End-user, and country. Based on type, the market is segmented into air mail and air freight. The air freight segment dominated the market in the year 2020 and is also expected to be the fastest growing during forecast period. Based on services, the market is segmented into express and regular. The regular segment dominated the market in year 2020 and express segment is expected to be the fastest growing during the forecast period. Based on end- user, the market is segmented into retail, pharmaceutical and healthcare, food and beverage, consumer electronics, automotive, and others. The others segment dominated the market in year 2020 and pharmaceutical and healthcare segment is expected to be the fastest growing during the forecast period. Based on country, the market has been segmented into countries - France, Germany, Italy, UK, and Russia.

The demand for air cargo was largely unaffected by the new lockdowns in Europe, and the operating conditions remain supportive for air cargo. Europe’s Air Cargo Market continued to gradually improve in September amid recovering economic activity and accelerating exports. However, as per a 2020 report by IATA, all major routes were still in contraction territory and the aggregated international CTKs fell by 15.7% year-on-year. The sharp rise of Europe’s new export orders’ component of manufacturing PMI in September bodes well for the region’s near-term CTK outlook. Owing to the acceleration of e-commerce the freighter movements through the airport were fuelled by the sudden decline of cargo space offered by the passenger flights in European region. East Midlands Airport (EMA) is in a position to take advantage of the market shift. For instance, EMA witnessed a 10% bump in freighter movements at the end of March 2020 as Britain and other countries in the region scrambled for medical equipment. During pandemic’s first wave, it witnessed a 20% increase in the volume of goods that were being handled as weekly flights from Hong Kong, China as well as via Moscow to the UK, transformed the airport’s hub status. Therefore, EMA was previously seen as a cargo hub for the UK, but COVID-19 has transformed it into a European cargo hub. Thus, the air cargo business in Europe has reflected positive growth.

ANA Cargo; Cargolux; Cathay Pacific Airways Limited; DHL International GmbH (Deutsche Post DHL Group); Emirates SkyCargo; Etihad Cargo; FedEx Corporation; Lufthansa Cargo AG; United Parcel Service of America, Inc. and Zela Aviation The Air Charter Company are among the leading companies in the Europe air cargo market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, ANA announced acquiring the CEIV PHARMA recertification, a program certifying the quality of pharmaceuticals transportation established by the International Air Transport Association (IATA)

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe Air Cargo Market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Air Cargo market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving Air Cargo market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the European Air Cargo Market

What is the estimated value of the European Air Cargo Market?

The European Air Cargo Market was estimated to be valued at $28.6 Million in 2021.

What is the growth rate of the European Air Cargo Market?

The growth rate of the European Air Cargo Market is 8.1%, with an estimated value of $49.23 Million by 2028.

What is the forecasted size of the European Air Cargo Market?

The European Air Cargo Market is estimated to be worth $49.23 Million by 2028.

Who are the key companies in the European Air Cargo Market?

Key companies in the European Air Cargo Market include ANA Cargo, Cargolux, Cathay Pacific Airways Limited, DHL International GmbH (Deutsche Post DHL Group), Emirates SkyCargo, Etihad Cargo, FedEx Corporation, Lufthansa Cargo AG and Zela Aviation The Air Charter Company.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Air Cargo Market - By Type
1.3.2 Europe Air Cargo Market - By Service
1.3.3 Europe Air Cargo Market - By End User
1.3.4 Europe Air Cargo Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Air Cargo Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Air Cargo Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Swift Adoption of E-Commerce Platforms
5.1.2 Incessant Need to Transport Temperature-Sensitive Products
5.2 Market Restraints
5.2.1 Market Vagueness
5.2.2 Convolutions of Temperature-Sensitive Cargo
5.3 Opportunity
5.3.1 Rapid Expansion of Airport Infrastructure
5.4 Future trends
5.4.1 Smart Cool Chain Solutions
5.4.2 Implementing Several Software Solutions
5.5 Impact analysis of drivers & restraints
6. Air Cargo Market - Europe Market Analysis
6.1 Europe Air Cargo Market Overview
6.2 Europe Air Cargo Market Revenue and Forecast to 2028(US$ Billion)
7. Europe Air Cargo Market Analysis - By Type
7.1 Overview
7.2 Europe Air Cargo Market Breakdown, By Type (2020 and 2028)
7.3 Air Mail
7.3.1 Overview
7.3.2 Air Mail: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
7.4 Air Freight
7.4.1 Overview
7.4.2 Air Freight: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
8. Europe Air Cargo Market Analysis - By Service
8.1 Overview
8.2 Europe Air Cargo Market Breakdown, By Service (2020 and 2028)
8.3 Express
8.3.1 Overview
8.3.2 Express: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
8.4 Regular
8.4.1 Overview
8.4.2 Regular: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
9. Europe Air Cargo Market Analysis - By End User
9.1 Overview
9.2 Europe Air Cargo Market, By End User (2020 and 2028)
9.3 Retail
9.3.1 Overview
9.3.2 Retail: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
9.4 Pharmaceutical & Healthcare
9.4.1 Overview
9.4.2 Pharmaceutical & Healthcare: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
9.5 Food & Beverage
9.5.1 Overview
9.5.2 Food and Beverage: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
9.6 Consumer Electronics
9.6.1 Overview
9.6.2 Consumer Electronics: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
9.7 Automotive
9.7.1 Overview
9.7.2 Automotive: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
9.8 Others
9.8.1 Overview
9.8.2 Others: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
10. Europe Air Cargo Market - Country Analysis
10.1 Overview
10.1.1 Europe: Air Cargo Market, by Key Country
10.1.1.1 Germany: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.1.1 Germany: Air Cargo Market, by Type
10.1.1.1.2 Germany: Air Cargo Market, by Service
10.1.1.1.3 Germany: Air Cargo Market, by End User
10.1.1.2 France: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.2.1 France: Air Cargo Market, by Type
10.1.1.2.2 France: Air Cargo Market, by Service
10.1.1.2.3 France: Air Cargo Market, by End User
10.1.1.3 Italy: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.3.1 Italy: Air Cargo Market, by Type
10.1.1.3.2 Italy: Air Cargo Market, by Service
10.1.1.3.3 Italy: Air Cargo Market, by End User
10.1.1.4 UK: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.4.1 UK: Air Cargo Market, by Type
10.1.1.4.2 UK: Air Cargo Market, by Service
10.1.1.4.3 UK: Air Cargo Market, by End User
10.1.1.5 Russia: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.5.1 Russia: Air Cargo Market, by Type
10.1.1.5.2 Russia: Air Cargo Market, by Service
10.1.1.5.3 Russia: Air Cargo Market, by End User
10.1.1.6 Rest of Europe: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
10.1.1.6.1 Rest of Europe: Air Cargo Market, by Type
10.1.1.6.2 Rest of Europe: Air Cargo Market, by Service
10.1.1.6.3 Rest of Europe: Air Cargo Market, by End User
11. Europe Air Cargo Market - COVID-19 Impact Analysis
11.1 Overview
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 ANA Cargo
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cargolux
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Cathay Pacific Airways Limited
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 DHL International GmbH (Deutsche Post DHL Group)
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Emirates SkyCargo
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Etihad Cargo
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 FedEx Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 United Parcel Service of America, Inc.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Zela Aviation The Air Charter Company
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Lufthansa Cargo AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About
14.2 Word Index
List of Tables
Table 1. Europe Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Table 2. Europe Air Cargo Market, by Country - Revenue and Forecast to 2028 (US$ Billion)
Table 3. Germany: Air Cargo Market, by Type - Revenue and Forecast to 2028 (US$ Billion)
Table 4. Germany: Air Cargo Market, by Service - Revenue and Forecast to 2028 (US$ Billion)
Table 5. Germany: Air Cargo Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 6. France: Air Cargo Market, by Type - Revenue and Forecast to 2028 (US$ Billion)
Table 7. France: Air Cargo Market, by Service - Revenue and Forecast to 2028 (US$ Billion)
Table 8. France: Air Cargo Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 9. Italy: Air Cargo Market, by Type - Revenue and Forecast to 2028 (US$ Billion)
Table 10. Italy: Air Cargo Market, by Service - Revenue and Forecast to 2028 (US$ Billion)
Table 11. Italy: Air Cargo Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 12. UK: Air Cargo Market, by Type - Revenue and Forecast to 2028 (US$ Billion)
Table 13. UK: Air Cargo Market, by Service - Revenue and Forecast to 2028 (US$ Billion)
Table 14. UK: Air Cargo Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 15. Russia: Air Cargo Market, by Type - Revenue and Forecast to 2028 (US$ Billion)
Table 16. Russia: Air Cargo Market, by Service - Revenue and Forecast to 2028 (US$ Billion)
Table 17. Russia: Air Cargo Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 18. Rest of Europe: Air Cargo Market, by Type - Revenue and Forecast to 2028 (US$ Billion)
Table 19. Rest of Europe: Air Cargo Market, by Service - Revenue and Forecast to 2028 (US$ Billion)
Table 20. Rest of Europe: Air Cargo Market, by End User - Revenue and Forecast to 2028 (US$ Billion)
Table 21. List of Abbreviation
List of Figures
Figure 1. Europe Air Cargo Market Segmentation
Figure 2. Europe Air Cargo Market Segmentation - By Country
Figure 3. Europe Air Cargo Market Overview
Figure 4. Air Freight Segment held the largest share of Europe Air Cargo Market - By Type
Figure 5. Regular Segment held the largest share of Europe Air Cargo Market - By Service
Figure 6. France to Show Great Traction During Forecast Period
Figure 7. Europe - PEST Analysis
Figure 8. Europe Air Cargo Market - Ecosystem Analysis
Figure 9. Expert Opinions
Figure 10. Impact Analysis of Drivers and Restraints
Figure 11. Europe Air Cargo Market Revenue and Forecast to 2028(US$ Billion) (US$ Billion)
Figure 12. Europe Air Cargo Market Breakdown, By Type (2020 and 2028)
Figure 13. Europe Air Mail: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 14. Europe Air Freight: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 15. Europe Air Cargo Market Breakdown, By Service (2020 and 2028)
Figure 16. Europe Express: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 17. Europe Regular: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 18. Europe Air Cargo Market Breakdown, By End User (2020 and 2028)
Figure 19. Europe Retail: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 20. Europe Pharmaceutical & Healthcare: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 21. Europe Food and Beverage: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 22. Europe Consumer Electronics: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 23. Europe Automotive: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 24. Europe Others: Air Cargo Market Revenue and Forecast to 2028 (US$ Billion)
Figure 25. Europe: Air Cargo Market, by Key Country-Revenue 2020 (US$ Billion)
Figure 26. Europe: Air Cargo Market Revenue Share, by Key Country (2020 & 2028)
Figure 27. Germany: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 28. France: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 29. Italy: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 30. UK: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 31. Russia: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 32. Rest of Europe: Air Cargo Market - Revenue and Forecast to 2028 (US$ Billion)
Figure 33. Impact of COVID-19 Pandemic in Europe Country Markets

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ANA Cargo
  • Cargolux
  • Cathay Pacific Airways Limited
  • DHL International GmbH (Deutsche Post DHL Group)
  • Emirates SkyCargo
  • Etihad Cargo
  • FedEx Corporation
  • Lufthansa Cargo AG
  • United Parcel Service of America, Inc.
  • Zela Aviation The Air Charter Company