Air Cargo Market

By Type;

Air Freight and Air Mail

By Service;

Express and Regular

By Destination;

Domestic and International

By End User;

Retail, Food & Beverages, Pharmaceutical & Healthcare, Consumer Electronics, Automotive and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn587864608 Published Date: September, 2025 Updated Date: October, 2025

Air Cargo Market Overview

Air Cargo Market (USD Million)

Air Cargo Market was valued at USD 175,326.07 million in the year 2024. The size of this market is expected to increase to USD 286,764.13 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.


Air Cargo Market

*Market size in USD million

CAGR 6.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.6 %
Market Size (2024)USD 175,326.07 Million
Market Size (2031)USD 286,764.13 Million
Market ConcentrationMedium
Report Pages315
175,326.07
2024
286,764.13
2031

Major Players

  • FedEx
  • UPS
  • Cathay Pacific Cargo
  • Lufthansa Cargo
  • DHL Aviation
  • Emirates SkyCargo
  • Qatar Airways Cargo
  • China Airlines Cargo
  • Korean Air Cargo
  • Amazon Air

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Air Cargo Market

Fragmented - Highly competitive market without dominant players


The Air Cargo Market plays a pivotal role in global trade by ensuring fast, reliable, and efficient transportation of goods across industries. Demand for air freight services has surged by nearly 30%, driven by the rise of cross-border e-commerce and time-sensitive shipments. Businesses rely on this sector for maintaining supply chain agility and reducing delivery cycles.

Rising Demand for Express Delivery
The growing need for express shipping and just-in-time delivery has accelerated market growth. Around 40% of global manufacturers now utilize air cargo services to meet customer expectations for speed and reliability. The ability to transport perishable goods, medical supplies, and high-value products instantly underscores the importance of this sector.

Integration of Technology in Operations
The adoption of digital platforms, IoT, and AI has transformed the operational efficiency of air cargo services. More than 45% of logistics firms have implemented digital tracking systems for real-time shipment visibility. This integration enhances predictive route planning, minimizes delays, and boosts customer satisfaction while optimizing fleet utilization.

Focus on Efficiency and Sustainability
Air cargo operators are increasingly focused on sustainable logistics and energy efficiency. Approximately 35% of cargo carriers have adopted fuel-efficient aircraft and eco-friendly practices. This shift is not only lowering operational costs but also positioning the market as a critical player in promoting greener supply chain solutions across industries.

Future Growth Prospects
The Air Cargo Market is expected to maintain a strong growth trajectory, with nearly 50% of businesses planning to expand their air freight usage. Ongoing automation, digitalization, and advanced fleet management will continue driving efficiency. This momentum highlights the market’s expanding role as a backbone of fast-paced global commerce.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Service
    3. Market Snapshot, By Destination
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Air Cargo Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Economic Growth
        2. Globalization
        3. E-commerce Expansion
      2. Restraints
        1. Fluctuating Fuel Prices
        2. Capacity Constraints
        3. Regulatory Requirements
      3. Opportunities
        1. Technological Advancements
        2. Infrastructure Development
        3. Innovative Solutions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Air Cargo Market, By Type, 2021 - 2031 (USD Million)
      1. Air Freight
      2. Air Mail
    2. Air Cargo Market, By Service, 2021 - 2031 (USD Million)
      1. Express
      2. Regular
    3. Air Cargo Market, By Destination, 2021 - 2031 (USD Million)
      1. Domestic
      2. International
    4. Air Cargo Market, By End User, 2021 - 2031 (USD Million)
      1. Retail
      2. Food & Beverages
      3. Pharmaceutical & Healthcare
      4. Consumer Electronics
      5. Automotive
      6. Others
    5. Air Cargo Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. FedEx
      2. UPS
      3. Cathay Pacific Cargo
      4. Lufthansa Cargo
      5. DHL Aviation
      6. Emirates SkyCargo
      7. Qatar Airways Cargo
      8. China Airlines Cargo
      9. Korean Air Cargo
      10. Amazon Air
  7. Analyst Views
  8. Future Outlook of the Market