As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global air freight market is driven by the rise in the various end-use industries, comprising of electrical, personal care, machinery, and automobile equipment industries, among others. The North America region is a significant market for air freight, with the United States leading the region. The rising investments in Southeast Asian nations by the freight forwarders is expected to support market growth. In the Southeast Asian countries, the investments are increasing due to a healthy demand and high growth potential in the region. The rising consumer and retail industries are also driving the air freight market. The robust demand for products sourced from e-retail platforms like Amazon (NASDAQ: AMZN) across the world is, thus, propelling the growth of the air freight market further.
Download a Free Sample Report with Table of Contents - Download Now
The air freight market is also witnessing a significant growth in Europe, primarily driven by the rising demand from the pharmaceutical industry in the region. In August 2018, D B Schenker, a leading player in the air freight market, introduced ‘Connect 4.0’, its digital innovation platform, to overland freight in Germany and Spain. In January 2020, the same service was expanded to Air and Ocean freight, with the company expanding the service to significant markets like India and the United States by September 2020.
Market Analysis by Region:
Key Findings of The Report:
Key Offerings of the Report:
Deutsche Post AG, Kuehne + Nagel International AG, Panalpina World Transport (Holding) Ltd., Expeditors International of Washington, Inc, DB Schenker, Agility, Kintetsu World Express, Inc., and CEVA Logistics, among others are the key players in the global air freight market. The EMR report looks into the capacity, market share, and latest developments of these major players like plant turnarounds, mergers and acquisitions, and capacity expansions.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.