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Air Freight in Singapore

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    Report

  • 47 Pages
  • July 2025
  • Region: Singapore
  • MarketLine
  • ID: 5979181
Air Freight in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Air freight is a mode of transportation that involves the movement of goods and cargo through the airways.
  • The Singaporean air freight sector recorded revenues of $3 billion in 2024, representing a negative compound annual growth rate (CAGR) of 9.9% between 2019 and 2024.
  • Sector consumption volumes declined with a negative CAGR of 10.1% between 2019 and 2024, reaching a total of 3.75 billion freight tonne kilometers in 2024.
  • Singapore accounted for 6.8% of the Asia-Pacific air freight sector in 2024.

Scope

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

Reasons to Buy

  • What was the size of the Singapore air freight market by value in 2024?
  • What will be the size of the Singapore air freight market in 2029?
  • What factors are affecting the strength of competition in the Singapore air freight market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Singapore's air freight market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the recent developments in the sector?
8 Company Profiles
8.1. FedEx Corp
8.2. DHL Group
8.3. Singapore Airlines Ltd
8.4. United Parcel Service Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Singapore air freight sector value: $ million, 2019-24
Table 2: Singapore air freight sector volume: million FTK, 2019-24
Table 3: Singapore air freight sector geography segmentation: $ million, 2024
Table 4: Singapore air freight sector value forecast: $ million, 2024-29
Table 5: Singapore air freight sector volume forecast: million FTK, 2024-29
Table 6: FedEx Corp: Key Facts
Table 7: FedEx Corp: Annual Financial Ratios
Table 8: FedEx Corp: Key Employees
Table 9: FedEx Corp: Key Employees Continued
Table 10: DHL Group: Key Facts
Table 11: DHL Group: Annual Financial Ratios
Table 12: DHL Group: Key Employees
Table 13: Singapore Airlines Ltd: Key Facts
Table 14: Singapore Airlines Ltd: Annual Financial Ratios
Table 15: Singapore Airlines Ltd: Key Employees
Table 16: United Parcel Service Inc: Key Facts
Table 17: United Parcel Service Inc: Annual Financial Ratios
Table 18: United Parcel Service Inc: Key Employees
Table 19: Singapore Size of Population (Million), 2020-24
Table 20: Singapore Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: Singapore GDP (Current Prices, $ Billion), 2020-24
Table 22: Singapore Inflation, 2020-24
Table 23: Singapore Consumer Price Index (Absolute), 2020-24
Table 24: Singapore Exchange Rate, 2019-24
List of Figures
Figure 1: Singapore air freight sector value: $ million, 2019-24
Figure 2: Singapore air freight sector volume: million FTK, 2019-24
Figure 3: Singapore air freight sector geography segmentation: % share, by value, 2024
Figure 4: Singapore air freight sector value forecast: $ million, 2024-29
Figure 5: Singapore air freight sector volume forecast: million FTK, 2024-29
Figure 6: Forces driving competition in the air freight sector in Singapore, 2024
Figure 7: Drivers of buyer power in the air freight sector in Singapore, 2024
Figure 8: Drivers of supplier power in the air freight sector in Singapore, 2024
Figure 9: Factors influencing the likelihood of new entrants in the air freight sector in Singapore, 2024
Figure 10: Factors influencing the threat of substitutes in the air freight sector in Singapore, 2024
Figure 11: Drivers of degree of rivalry in the air freight sector in Singapore, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • FedEx Corp
  • DHL Group
  • Singapore Airlines Ltd
  • United Parcel Service Inc