Global Air Freight Market Size & Outlook, 2023-2030
Global air freight market, 2018-2030 (US$M)
Global air freight market highlights
- The global air freight market generated a revenue of USD 257,438.5 million in 2023 and is expected to reach USD 501,316.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10% by 2030.
- In terms of segment, freight accounted for a revenue of USD 257,438.5 million in 2023.
- Freight is the most lucrative service segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 257,438.5 million |
| Market revenue in 2030 | USD 501,316.3 million |
| Growth rate | 10% (CAGR from 2024 to 2030) |
| Largest segment | Freight |
| Fastest growing segment | Freight |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Freight |
Other key industry trends
- In terms of revenue, the North America accounted for 22.1% of the global air freight market in 2023.
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Air Freight Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CEVA Logistics | View profile | 10001+ | Marseille, Provence-Alpes-Cote d'Azur, France, Europe | https://www.cevalogistics.com/ |
| Air France-KLM | View profile | 79020 | 7 Rue du Cirque, Paris, France, 75008 | https://www.airfranceklm.com |
| Nippon Express Holdings Inc | View profile | 85442 | 2 Kanda Izumicho, Chiyoda-ku, Tokyo, Japan, 101-0024 | - |
| DSV AS | View profile | 73879 | Hovedgaden 630, Hedehusene, Denmark, 2640 | https://www.dsv.com |
| DB Schenker | View profile | 10001+ | Essen, Nordrhein-Westfalen, Germany, Europe | https://www.dbschenker.com/global |
| Kuehne + Nagel International AG | View profile | 93064 | Dorfstrasse 50, P.O. Box 67, Schindellegi, Switzerland, CH-8834 | http://www.kuehne-nagel.com |
| C.H. Robinson Worldwide Inc | View profile | 15246 | 14701 Charlson Road, Eden Prairie, MN, United States, 55347-5088 | https://www.chrobinson.com |
| FedEx Corp | View profile | 787400 | 942 South Shady Grove Road, Memphis, TN, United States, 38120 | https://www.fedex.com |
| United Parcel Service Inc Class B | View profile | 500000 | 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, United States, 30328 | https://www.ups.com |
| DHL Group | View profile | 594396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | http://www.dpdhl.com |
Global air freight market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air freight market will help companies and investors design strategic landscapes.
Freight was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global air freight market based on freight covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Air Freight Service Outlook (Revenue, USD Million, 2018-2030)
- Freight
- Others
- Express
- Global Air Freight Destination Outlook (Revenue, USD Million, 2018-2030)
- International
- Domestic
- Global Air Freight End Use Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Manufacturing
- Healthcare
- Retail and E-commerce
- Automotive
- Perishable Goods
- Others
- Private
- Commercial
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Target buyers of Global air freight market databook
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Our clientele includes a mix of air freight market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global air freight market , including forecasts for subscribers. This global databook contains high-level insights into Global air freight market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global air freight market size, by regions, 2018-2030 (US$M)
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