The Business Research Company’s
air cargo services global market report covers the year-on-year growth of the global air
cargo services market
historic and forecast growth. It also includes chapters on the air
cargo services
market trends, geographical analysis, and competitive landscape.
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the report at:
The air cargo services market size is expected to decline
by 2022, at a CAGR of more than 1% during the forecast period.
Air
Cargo Services Market Trends
The air cargo transportation services market
consists of sales of air cargo transportation services by entities
(organizations, sole traders and partnerships) that use aircraft, such as
airplanes and helicopters to provide air transportation of cargo and mail on a
contract basis over fixed international routes.
Digitization
of systems has gained its popularity in the cargo transportation markets by
easing the documentation process and provide integration and transparency.
According to The International Air Cargo Association, the Air Waybill (AWB), a
20-step, 21-documents, is converted to an e-AWB to reduce the information
re-entry to reduce wastage of time and provide efficiency. The e-AWB desktop
tool was introduced to help small and medium air freight forwarders to create,
send, and manage e-AWBs easily and efficiently.
The global air cargo services market is primarily restrained
by economic slowdown in countries such as Brazil, Spain, Portugal, Ireland,
Slovakia, and Russia, and changes in trade agreements between the bordering
countries of North America (NAFTA agreement).
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a sample of the report:
The global air cargo services market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With increasing competition from new players
and other substitute transportation modes such as road cargo transportation and
rail cargo transportation, the global air cargo services market is expected to decrease
in potential and scope. TBRC’s report also covers the air cargo
services
drivers and restraints in the market.
The global air cargo services market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global air
cargo services
market report are Cathay Pacific Cargo, FedEx, The Emirates Group, United
Parcel Service, and DHL Aviation.
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