Report Overview

The United States chartered air freight transport market value reached approximately USD 22.92 billion in 2023. The market is projected to grow at a CAGR of 3.2% between 2024 and 2032, reaching a value of around USD 30.43 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

United States Chartered Air Freight Transport Market Outlook

A leading driver boosting growth of the United States chartered air freight transport market is the rising disposable income of consumers, which increases the demand for flexible air transport options that are also luxurious. Expansion and growth of e-commerce has also created a demand for efficient logistics solutions, which in turn is driving market growth.

Technological advancements, particularly in electric vertical take-off and landing aircraft (eVTOL), are also influencing United States chartered air freight transport market revenue as eVTOL guarantees faster deliveries and help reduce logistics costs, enhancing customer satisfaction. In addition, the COVID-19 pandemic initially disrupted the market, but subsequently led to increased demand for charter services, particularly for emergency medical transport and freight as traditional air travel was restricted. Furthermore, another trend in the market is the shift towards tailored cargo services for businesses, highlighting the needs of corporate clients engaged in international trade.

Far West Region Dominates the United States Chartered Air Freight Transport Market Share Due to Its Robust Trade Connections with Developing Regions

  • The Far West region is expected to lead with a CAGR of 3.7%. This growth is driven by the region's strong trade connections with Asia and its significant role in global logistics. 
  • The Rocky Mountain region follows with a CAGR of 3.5%, supported by its growing role as a logistics hub for the western United States. 
  • The Southwest, with a CAGR of 3.3%, benefits from its strategic location for cross-border trade with Mexico. 
  • The Southeast, with a CAGR of 3.2%, shows steady chartered air freight transport demand growth in United States due to its expanding manufacturing base and trade activities. 
  • New England and the Mideast regions exhibit moderate growth with CAGRs of 3.0% and 2.8%, respectively, driven by established but mature logistics networks. 
  • The Plains and Great Lakes regions show slower growth with CAGRs of 2.6% and 2.4%, respectively, reflecting their smaller market size and less dynamic growth in air freight demand.

Rising Demand for Reliable Shipping Solutions for the Delivery of Time-Sensitive Goods is Bolstering United States Chartered Air Freight Transport Market Growth

  • Time-critical delivery services are expected to lead with a CAGR of 3.6%, driven by the increasing demand for fast and reliable shipping solutions in industries like pharmaceuticals and e-commerce. 
  • Heavy and outsized cargo services follow with a CAGR of 3.4%, reflecting the need for specialised transportation of large and heavy items, often for industrial and construction sectors. 
  • According to United States chartered air freight transport industry analysis, dangerous goods transportation, with a CAGR of 3.3%, remains vital due to stringent regulations and the specialized handling required for hazardous materials. 
  • Animal transportation, growing at a CAGR of 3.1%, caters to the niche market of live animal transport, including livestock and exotic animals. 
  • Other specialised services, with a CAGR of 2.9%, encompass various niche markets that, while important, exhibit slower growth compared to the leading service types.

Growing Demand for Rapid Delivery Services is One of the Main United States Chartered Air Freight Transport Market Trends

  • The pharmaceutical and healthcare sector is expected to lead with a CAGR of 3.6%, driven by the critical need for fast and reliable transport of medical supplies, vaccines, and time-sensitive healthcare products. 
  • The aerospace and defense sector follows with a CAGR of 3.4%, supported by the demand for specialised transportation of high-value, sensitive equipment, and parts. 
  • The automotive sector, with a CAGR of 3.3%, shows steady growth due to the need for just-in-time delivery of parts and components in the global supply chain. 
  • The retail and consumer goods sector, with a CAGR of 3.0%, benefits from the increasing demand for rapid delivery services, particularly in e-commerce. 
  • Manufacturing, with a CAGR of 2.9%, sees stable growth as industries rely on air freight for transporting machinery and materials. 
  • The 'others' category, with a CAGR of 2.6%, includes various smaller end-users with more stable demand, contributing to the overall United States chartered air freight transport market dynamics and trends.

Key Questions Answered in the Report:

  • How has the United States chartered air freight transport market performed historically, and what are the growth expectations for the future? 
  • What are the primary factors influencing demand and growth in the United States chartered air freight transport market? 
  • What are the key segments within the United States chartered air freight transport market, and how are they expected to evolve over the forecast period? 
  • What are the major challenges and opportunities facing stakeholders in the United States chartered air freight transport market? 
  • Who are the key players in the United States chartered air freight transport market, and what strategies are they employing to maintain a competitive edge? 
  • What are the regulatory and policy factors influencing the United States chartered air freight transport market globally or regionally? 
  • How competitive is the United States chartered air freight transport market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers? 
  • What are the current trends shaping the United States chartered air freight transport market landscape, and how are they expected to evolve in the future? 
  • How are technological advancements impacting the United States chartered air freight transport market, and what role do innovation and R&D play in driving growth? 
  • What are the consumer preferences and buying behavior trends influencing the United States chartered air freight transport market? 
  • How sustainable are current growth rates in the United States chartered air freight transport market, and what factors could potentially disrupt these trends? 
  • What are the regional dynamics within the United States chartered air freight transport market, and how do they contribute to overall market growth? 
  • What are the economic factors influencing the United States chartered air freight transport market, such as GDP growth, inflation rates, and currency fluctuations? 
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States chartered air freight transport market? 
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States chartered air freight transport market? 
  • What are the regulatory and legal frameworks impacting the United States chartered air freight transport market globally or in key regions? 
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States chartered air freight transport market? 
  • What are the emerging market trends and niche opportunities within the United States chartered air freight transport market that stakeholders should be aware of? 
  • How resilient is the United States chartered air freight transport market to external shocks or disruptions, such as geopolitical tensions or natural disasters? 
  • What are the potential barriers to market entry and growth for new players in the United States chartered air freight transport market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States chartered air freight transport market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States chartered air freight transport market. 

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States chartered air freight transport market. 

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares. 

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States chartered air freight transport market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Service Type
  • End Use
  • Region
Breakup by Service Type
  • Time-Critical Delivery
  • Heavy and Outsized Cargo
  • Dangerous Goods
  • Animal Transportation
  • Others
Breakup by End Use
  • Pharmaceutical and Healthcare
  • Automotive
  • Aerospace and Defense
  • Manufacturing
  • Retail and Consumer Goods
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • FedEx Corporation
  • UPS Inc.
  • Atlas Air Worldwide Holdings, Inc.
  • Deutsche Post AG
  • Flexport Inc.
  • Others

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Pricing Plans

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

Strategic Solutions for Informed Decision-Making

Back to top

We’re here to help answer any questions about our products and services.

Contact us

Locations


United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124