United States Air Freight Market Overview:
The latest research study “United States Air Freight Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the US air freight market size is expected to exhibit a CAGR of 4.47% during 2022-2027.
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Air freight, also known as air cargo, is a reliable shipment mode that provides quick transportation of various perishable consumer goods through scheduled and chartered carriers. It involves coordinating logistics and local carriers to collect and load goods from warehouses, which are then arranged onto planes. It helps reduce storage requirements, maintain high-security standards to prevent theft, and minimize the risk of product damage at a low insurance premium. As a result, air freight finds extensive applications in the shipment of jewelry, perishable items, documents, vegetables, costly electronics, and pharmaceuticals.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
United States Air Freight Market Trends and Drivers:
The United States air freight market is primarily driven by the increasing need for fast-speed shipment solutions for valuable goods due to rapid expansion in the transportation industry. Moreover, the surging adoption of air freight across various industrial verticals is contributing to the market growth.
Additionally, there has been a significant rise in the use of air freight for distributing vaccines through temperature-sensitive systems amid the sudden coronavirus disease (COVID-19) outbreak. In line with this, the integration of cool-chain solutions, artificial intelligence (AI), the Internet of Things (IoT), and e-Air waybill (eAWB) for logistics optimization is positively influencing market growth.
Furthermore, the rising collaborations among key players to introduce secure shipment solutions for the import and export of products have catalyzed market growth. Other factors, including the increasing demand for the fast delivery of consumer goods, extensive utilization of e-commerce platforms, and improving air cargo routes, are also anticipated to propel the market growth.
Important Attribute and highlights of the Report:
- Detailed analysis of the market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
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Important Note: If the link is not clickable please open it in a new tab, you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
United States Air Freight Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
The report has segmented the market on the basis of region, service, destination and end user.
Breakup by Service:
Breakup by Destination:
Market Breakup by End User:
Breakup by Region:
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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