Air Freight Global Industry Almanac - Market Summary, Competitive Analysis and Forecast to 2025

Global Air Freight industry profile provides top-line qualitative and quantitative summary information including: sector size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the sector.

Key Highlights

The air freight sector is defined as consisting of revenues generated from freight transportation by air.
Units of volumes are measured in freight ton-kilometers (FTK). Air freight volumes, consisting of freight, express, and diplomatic bags, include both domestic and international freight which for the purposes of this report are counted at each flight stage.
Value represents the revenue obtained by airline companies from freight transportation. All market data and forecasts are represented in nominal terms (i.e. without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
COVID-19: Figures presented in this report are calculated applying the "middle path" scenario - this is based on the current situation in countries where the epidemic burst first, like China where announcements made by governments stated that the largest impacts of the pandemic may last a further six months.
The assumption has been made that after this time the economy will gradually go back to the levels recorded before the pandemic by the end of the year. It is also assumed that there is no widespread economic crisis as seen back in 2008 due to announced pay-outs across countries.
At the moment of preparation of this report in February 2021 the economic implications of the lockdowns of many economics are still very difficult to predict as there is no indication how long the pandemic could last, nor the number of sectors forced to stay closed and the scale of the governmental aid involved.
The global air freight sector had total revenues of $107,895.2m in 2020, representing a compound annual growth rate (CAGR) of 1.4% between 2016 and 2020.
2020 has been a very bad year for the air freight sector due to the COVID-19 outbreak.
Store closures and massive disruptions in global supply chains due to COVID-19 damaged the air freight sector’s value and volume in 2020

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global air freight sector
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global air freight sector
Leading company profiles reveal details of key air freight sector players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the global air freight sector with five year forecasts by both value and volume

Reasons to Buy

What was the size of the global air freight sector by value in 2020?
What will be the size of the global air freight sector in 2025?
What factors are affecting the strength of competition in the global air freight sector?
How has the sector performed over the last five years?
What are the main segments that make up the global air freight sector?

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Competitive Landscape

2 Introduction

2.1. What is this report about?
2.2. Who is the target reader?
2.3. How to use this report
2.4. Definitions

3 Global Air Freight

3.1. Market Overview
3.2. Market Data
3.3. Market Segmentation
3.4. Market outlook
3.5. Five forces analysis
3.6. Macroeconomic Indicators

4 Air Freight in Asia-Pacific

4.1. Market Overview
4.2. Market Data
4.3. Market Segmentation
4.4. Market outlook
4.5. Five forces analysis

5 Air Freight in Europe

5.1. Market Overview
5.2. Market Data
5.3. Market Segmentation
5.4. Market outlook
5.5. Five forces analysis
5.6. Macroeconomic Indicators

6 Air Freight in France

6.1. Market Overview
6.2. Market Data
6.3. Market Segmentation
6.4. Market outlook
6.5. Five forces analysis
6.6. Macroeconomic Indicators

7 Air Freight in Germany

7.1. Market Overview
7.2. Market Data
7.3. Market Segmentation
7.4. Market outlook
7.5. Five forces analysis
7.6. Macroeconomic Indicators

8 Air Freight in Australia

8.1. Market Overview
8.2. Market Data
8.3. Market Segmentation
8.4. Market outlook
8.5. Five forces analysis
8.6. Macroeconomic Indicators

9 Air Freight in Brazil

9.1. Market Overview
9.2. Market Data
9.3. Market Segmentation
9.4. Market outlook
9.5. Five forces analysis
9.6. Macroeconomic Indicators

10 Air Freight in Canada

10.1. Market Overview
10.2. Market Data
10.3. Market Segmentation
10.4. Market outlook
10.5. Five forces analysis
10.6. Macroeconomic Indicators

11 Air Freight in China

11.1. Market Overview
11.2. Market Data
11.3. Market Segmentation
11.4. Market outlook
11.5. Five forces analysis
11.6. Macroeconomic Indicators

12 Air Freight in India

12.1. Market Overview
12.2. Market Data
12.3. Market Segmentation
12.4. Market outlook
12.5. Five forces analysis
12.6. Macroeconomic Indicators

13 Air Freight in Indonesia

13.1. Market Overview
13.2. Market Data
13.3. Market Segmentation
13.4. Market outlook
13.5. Five forces analysis
13.6. Macroeconomic Indicators

14 Air Freight in Italy

14.1. Market Overview
14.2. Market Data
14.3. Market Segmentation
14.4. Market outlook
14.5. Five forces analysis
14.6. Macroeconomic Indicators

15 Air Freight in Japan

15.1. Market Overview
15.2. Market Data
15.3. Market Segmentation
15.4. Market outlook
15.5. Five forces analysis
15.6. Macroeconomic Indicators

16 Air Freight in Mexico

16.1. Market Overview
16.2. Market Data
16.3. Market Segmentation
16.4. Market outlook
16.5. Five forces analysis
16.6. Macroeconomic Indicators

17 Air Freight in The Netherlands

17.1. Market Overview
17.2. Market Data
17.3. Market Segmentation
17.4. Market outlook
17.5. Five forces analysis
17.6. Macroeconomic Indicators

18 Air Freight in North America

18.1. Market Overview
18.2. Market Data
18.3. Market Segmentation
18.4. Market outlook
18.5. Five forces analysis

19 Air Freight in Russia

19.1. Market Overview
19.2. Market Data
19.3. Market Segmentation
19.4. Market outlook
19.5. Five forces analysis
19.6. Macroeconomic Indicators

20 Air Freight in Scandinavia

20.1. Market Overview
20.2. Market Data
20.3. Market Segmentation
20.4. Market outlook
20.5. Five forces analysis

21 Air Freight in Singapore

21.1. Market Overview
21.2. Market Data
21.3. Market Segmentation
21.4. Market outlook
21.5. Five forces analysis
21.6. Macroeconomic Indicators

22 Air Freight in South Africa

22.1. Market Overview
22.2. Market Data
22.3. Market Segmentation
22.4. Market outlook
22.5. Five forces analysis
22.6. Macroeconomic Indicators

23 Air Freight in South Korea

23.1. Market Overview
23.2. Market Data
23.3. Market Segmentation
23.4. Market outlook
23.5. Five forces analysis
23.6. Macroeconomic Indicators

24 Air Freight in Spain

24.1. Market Overview
24.2. Market Data
24.3. Market Segmentation
24.4. Market outlook
24.5. Five forces analysis
24.6. Macroeconomic Indicators

25 Air Freight in Turkey

25.1. Market Overview
25.2. Market Data
25.3. Market Segmentation
25.4. Market outlook
25.5. Five forces analysis
25.6. Macroeconomic Indicators

26 Air Freight in The United Kingdom

26.1. Market Overview
26.2. Market Data
26.3. Market Segmentation
26.4. Market outlook
26.5. Five forces analysis
26.6. Macroeconomic Indicators

27 Air Freight in The United States

27.1. Market Overview
27.2. Market Data
27.3. Market Segmentation
27.4. Market outlook
27.5. Five forces analysis
27.6. Macroeconomic Indicators

28 Company Profiles

28.1. Cargolux Airlines International S.A.
28.2. China Southern Airlines Company Limited
28.3. The Emirates Group
28.4. Deutsche Post AG
28.5. FedEx Corp
28.6. United Parcel Service, Inc.
28.7. Air China Ltd
28.8. Air Incheon Co Ltd
28.9. Asiana Airlines Inc.
28.10. Cathay Pacific Airways Ltd
28.11. All Nippon Airways Co Ltd
28.12. Deutsche Bahn AG
28.13. International Consolidated Airlines Group SA
28.14. Volga-Dnepr Group
28.15. Air France-KLM SA
28.16. Deutsche Lufthansa AG
28.17. Hellmann Worldwide Logistics GmbH & Co. KG
28.18. Kuehne + Nagel Inc
28.19. Qantas Airways Limited
28.20. Azul SA
28.21. Gol Linhas Aereas Inteligentes SA
28.22. LATAM Airlines Group SA
28.23. Air Canada
28.24. American Airlines Inc
28.25. Cargojet Inc
28.26. China Eastern Airlines Corp Ltd
28.27. Hainan Airlines Co Ltd
28.28. Air India Ltd
28.29. Allcargo Logistics Limited
28.30. Blue Dart Express Ltd
28.31. Qatar Airways Group QCSC
28.32. PT Garuda Indonesia (Persero) Tbk
28.33. Alitalia - Societa Aerea Italiana S.p.A.
28.34. Kintetsu Group Holdings Co., Ltd.
28.35. Nippon Express Co Ltd
28.36. ABC Aerolineas SA de CV
28.37. Grupo Aeromexico SAB de CV
28.38. Expeditors International of Washington, Inc.
28.39. Aeroflot OAO
28.40. Ural Airlines JSC
28.41. Danish Air Transport A/S
28.42. SAS Group
28.43. Singapore Airlines Ltd
28.44. South African Express Airways (Pty) Ltd
28.45. South African Airways SOC
28.46. Korean Air Lines Co Ltd
28.47. Turk Hava Yollari Anonim Ortakligi
28.48. MNG Group of Companies
28.49. British Airways Plc
28.50. United Airlines Holdings Inc

29 Appendix

29.1. Methodology
29.2. About the Publisher

List of Tables

Table 1: Global air freight sector value: $ billion, 2016-20
Table 2: Global air freight sector volume: billion FTK, 2016-20
Table 3: Global air freight sector category segmentation: billion FTK, 2020
Table 4: Global air freight sector geography segmentation: $ billion, 2020
Table 5: Global air freight sector value forecast: $ billion, 2020-25
Table 6: Global air freight sector volume forecast: billion FTK, 2020-25
Table 7: Global size of population (million), 2016-20
Table 8: Global GDP (constant 2005 prices, $ billion), 2016-20
Table 9: Global GDP (current prices, $ billion), 2016-20
Table 10: Global inflation, 2016-20
Table 11: Global consumer price index (absolute), 2016-20
Table 12: Global exchange rate, 2016-20
Table 13: Asia-Pacific air freight sector value: $ billion, 2016-20
Table 14: Asia-Pacific air freight sector volume: billion FTK, 2016-20
Table 15: Asia-Pacific air freight sector category segmentation: billion FTK, 2020
Table 16: Asia-Pacific air freight sector geography segmentation: $ billion, 2020
Table 17: Asia-Pacific air freight sector value forecast: $ billion, 2020-25
Table 18: Asia-Pacific air freight sector volume forecast: billion FTK, 2020-25
Table 19: Europe air freight sector value: $ billion, 2016-20
Table 20: Europe air freight sector volume: billion FTK, 2016-20
Table 21: Europe air freight sector category segmentation: billion FTK, 2020
Table 22: Europe air freight sector geography segmentation: $ billion, 2020
Table 23: Europe air freight sector value forecast: $ billion, 2020-25
Table 24: Europe air freight sector volume forecast: billion FTK, 2020-25
Table 25: Europe size of population (million), 2016-20
Table 26: Europe GDP (constant 2005 prices, $ billion), 2016-20
Table 27: Europe GDP (current prices, $ billion), 2016-20
Table 28: Europe inflation, 2016-20
Table 29: Europe consumer price index (absolute), 2016-20
Table 30: Europe exchange rate, 2016-20
Table 31: France air freight sector value: $ million, 2016-20
Table 32: France air freight sector volume: million FTK, 2016-20
Table 33: France air freight sector category segmentation: million FTK, 2020
Table 34: France air freight sector geography segmentation: $ million, 2020
Table 35: France air freight sector value forecast: $ million, 2020-25
Table 36: France air freight sector volume forecast: million FTK, 2020-25
Table 37: France size of population (million), 2016-20
Table 38: France GDP (constant 2005 prices, $ billion), 2016-20
Table 39: France GDP (current prices, $ billion), 2016-20
Table 40: France inflation, 2016-20
Table 41: France consumer price index (absolute), 2016-20
Table 42: France exchange rate, 2016-20
Table 43: Germany air freight sector value: $ million, 2016-20
Table 44: Germany air freight sector volume: million FTK, 2016-20
Table 45: Germany air freight sector category segmentation: million FTK, 2020
Table 46: Germany air freight sector geography segmentation: $ million, 2020
Table 47: Germany air freight sector value forecast: $ million, 2020-25
Table 48: Germany air freight sector volume forecast: million FTK, 2020-25
Table 49: Germany size of population (million), 2016-20
Table 50: Germany GDP (constant 2005 prices, $ billion), 2016-20
Table 51: Germany GDP (current prices, $ billion), 2016-20
Table 52: Germany inflation, 2016-20
Table 53: Germany consumer price index (absolute), 2016-20
Table 54: Germany exchange rate, 2016-20
Table 55: Australia air freight sector value: $ million, 2016-20
Table 56: Australia air freight sector volume: million FTK, 2016-20
Table 57: Australia air freight sector category segmentation: million FTK, 2020
Table 58: Australia air freight sector geography segmentation: $ million, 2020
Table 59: Australia air freight sector value forecast: $ million, 2020-25
Table 60: Australia air freight sector volume forecast: million FTK, 2020-25
Table 61: Australia size of population (million), 2016-20

List of Figures

Figure 1: Global air freight sector value: $ billion, 2016-20
Figure 2: Global air freight sector volume: billion FTK, 2016-20
Figure 3: Global air freight sector category segmentation: % share, by volume, 2020
Figure 4: Global air freight sector geography segmentation: % share, by value, 2020
Figure 5: Global air freight sector value forecast: $ billion, 2020-25
Figure 6: Global air freight sector volume forecast: billion FTK, 2020-25
Figure 7: Forces driving competition in the global air freight sector, 2020
Figure 8: Drivers of buyer power in the global air freight sector, 2020
Figure 9: Drivers of supplier power in the global air freight sector, 2020
Figure 10: Factors influencing the likelihood of new entrants in the global air freight sector, 2020
Figure 11: Factors influencing the threat of substitutes in the global air freight sector, 2020
Figure 12: Drivers of degree of rivalry in the global air freight sector, 2020
Figure 13: Asia-Pacific air freight sector value: $ billion, 2016-20
Figure 14: Asia-Pacific air freight sector volume: billion FTK, 2016-20
Figure 15: Asia-Pacific air freight sector category segmentation: % share, by volume, 2020
Figure 16: Asia-Pacific air freight sector geography segmentation: % share, by value, 2020
Figure 17: Asia-Pacific air freight sector value forecast: $ billion, 2020-25
Figure 18: Asia-Pacific air freight sector volume forecast: billion FTK, 2020-25
Figure 19: Forces driving competition in the air freight sector in Asia-Pacific, 2020
Figure 20: Drivers of buyer power in the air freight sector in Asia-Pacific, 2020
Figure 21: Drivers of supplier power in the air freight sector in Asia-Pacific, 2020
Figure 22: Factors influencing the likelihood of new entrants in the air freight sector in Asia-Pacific, 2020
Figure 23: Factors influencing the threat of substitutes in the air freight sector in Asia-Pacific, 2020
Figure 24: Drivers of degree of rivalry in the air freight sector in Asia-Pacific, 2020
Figure 25: Europe air freight sector value: $ billion, 2016-20
Figure 26: Europe air freight sector volume: billion FTK, 2016-20
Figure 27: Europe air freight sector category segmentation: % share, by volume, 2020
Figure 28: Europe air freight sector geography segmentation: % share, by value, 2020
Figure 29: Europe air freight sector value forecast: $ billion, 2020-25
Figure 30: Europe air freight sector volume forecast: billion FTK, 2020-25
Figure 31: Forces driving competition in the air freight sector in Europe, 2020
Figure 32: Drivers of buyer power in the air freight sector in Europe, 2020
Figure 33: Drivers of supplier power in the air freight sector in Europe, 2020
Figure 34: Factors influencing the likelihood of new entrants in the air freight sector in Europe, 2020
Figure 35: Factors influencing the threat of substitutes in the air freight sector in Europe, 2020
Figure 36: Drivers of degree of rivalry in the air freight sector in Europe, 2020
Figure 37: France air freight sector value: $ million, 2016-20
Figure 38: France air freight sector volume: million FTK, 2016-20
Figure 39: France air freight sector category segmentation: % share, by volume, 2020
Figure 40: France air freight sector geography segmentation: % share, by value, 2020
Figure 41: France air freight sector value forecast: $ million, 2020-25
Figure 42: France air freight sector volume forecast: million FTK, 2020-25
Figure 43: Forces driving competition in the air freight sector in France, 2020
Figure 44: Drivers of buyer power in the air freight sector in France, 2020
Figure 45: Drivers of supplier power in the air freight sector in France, 2020
Figure 46: Factors influencing the likelihood of new entrants in the air freight sector in France, 2020
Figure 47: Factors influencing the threat of substitutes in the air freight sector in France, 2020
Figure 48: Drivers of degree of rivalry in the air freight sector in France, 2020
Figure 49: Germany air freight sector value: $ million, 2016-20
Figure 50: Germany air freight sector volume: million FTK, 2016-20
Figure 51: Germany air freight sector category segmentation: % share, by volume, 2020
Figure 52: Germany air freight sector geography segmentation: % share, by value, 2020
Figure 53: Germany air freight sector value forecast: $ million, 2020-25
Figure 54: Germany air freight sector volume forecast: million FTK, 2020-25
Figure 55: Forces driving competition in the air freight sector in Germany, 2020
Figure 56: Drivers of buyer power in the air freight sector in Germany, 2020
Figure 57: Drivers of supplier power in the air freight sector in Germany, 2020
Figure 58: Factors influencing the likelihood of new entrants in the air freight sector in Germany, 2020
Figure 59: Factors influencing the threat of substitutes in the air freight sector in Germany, 2020
Figure 60: Drivers of degree of rivalry in the air freight sector in Germany, 2020