Air Cargo Market Size to Approach USD 210.93 Billion by
From GlobeNewswire: 2025-06-06 06:47:00
The global air cargo market is experiencing growth due to increased e-commerce and online shopping demand. The market is projected to reach $210.93 billion by 2031, with a CAGR of 5.8% from 2025 to 2031. Factors like e-commerce adoption, temperature-sensitive product transport, and geographical insights are contributing to market growth in regions like Asia Pacific.
E-commerce is a significant driver of air cargo industry growth, as it boosts parcel delivery demand worldwide. The transportation of temperature-sensitive products, especially in the pharmaceutical industry, is also fueling market growth. In 2024, Asia Pacific led the market, with the region expected to register the highest CAGR in the forecast period.
Key players in the air cargo market include ANA Cargo, FEDEX, DHL, Emirates SkyCargo, and UPS, among others. Trending topics in the industry include e-commerce air cargo, digital transformation, and supply chain optimization. Recent developments include joint business agreements between airlines and contract wins for cargo services.
Asia Pacific dominates the air cargo market due to economic growth, retail focus, and e-commerce expansion. The region’s technological advancements and manufacturing industries contribute to market growth. The rise in demand for parcel delivery services in Asia Pacific is expected to continue with the increasing popularity of e-commerce.
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