Air Freight Market Overview
The global air freight market is experiencing substantial expansion, driven by the increasing need for fast, secure, and efficient international logistics. In 2024, the market was valued at USD 319.4 billion and is expected to reach USD 492.7 billion by 2033, registering a CAGR of 4.9% during 2025–2033. This growth is primarily attributed to the escalating e-commerce industry, intensified global trade flows, and continuous advancements in air cargo technologies that enhance delivery speed and transparency.

Study Assumption Years

• Base Year: 2024
• Historical Years: 2019–2024
• Forecast Years: 2025–2033

Air Freight Market Key Takeaways

• Market Size & Growth: The market was valued at USD 319.4 billion in 2024 and is projected to reach USD 492.7 billion by 2033, expanding at a CAGR of 4.9% during 2025–2033.
• Regional Performance: Asia Pacific accounted for more than 39.5% share in 2024, supported by a robust manufacturing base, expanding digital economy, and increasing export activities.
• Service Segmentation: Comprises freight, express, mail, and other specialized services designed to meet diverse logistics requirements.
• Destination Insights: International shipping dominates the segment, reflecting globalization trends and the growing need for reliable overseas delivery.
• End-User Analysis: Commercial users continue to lead, driven by demand from sectors such as retail, pharmaceuticals, and high-tech industries requiring timely and secure cargo transport.
• Technological Advancements: Integration of AI, IoT, and blockchain technologies is optimizing transparency, operational efficiency, and overall customer satisfaction.

To explore more, request your sample copy here: https://www.imarcgroup.com/air-freight-market/requestsample

Market Growth Factors

• Surge in E-Commerce: The rapid rise of online retail across categories such as electronics, fashion, and perishable goods is fueling demand for fast and reliable logistics. Enhanced automation and tracking capabilities make air freight essential for maintaining speed and reliability in global deliveries.
• Advanced Technologies: Implementation of AI, IoT, and blockchain is revolutionizing cargo operations through real-time monitoring, seamless coordination, and improved supply chain visibility. Automated booking and smart freight management systems are increasing efficiency and reducing costs.
• Infrastructure and Regulations: Global governments are investing in airport infrastructure upgrades and digital freight corridors. These improvements, along with supportive regulatory frameworks, are strengthening the scalability and efficiency of international cargo operations.

Market Segmentation

By Service:

• Freight: Used for long-haul industrial shipments, including automotive and manufacturing goods.
• Express: Ensures high-speed deliveries vital for e-commerce and courier operations.
• Mail: Handles postal shipments and small parcels.
• Others: Covers customized logistics such as charter operations and hazardous goods transport.

By Destination:

• Domestic: Caters to intra-regional, short-distance logistics needs.
• International: Supports large-scale trade and cross-border e-commerce shipments.

By End User:

• Private: Includes individuals and small businesses utilizing air freight for personal or small-scale shipments.
• Commercial: Represents enterprises leveraging air freight for bulk and time-sensitive deliveries.

By Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Regional Insights
Asia Pacific dominated the global air freight market in 2024, holding a 39.5% share. This leadership is underpinned by strong industrial output, growing e-commerce adoption, and expanding export activities. Countries like China, Japan, and India are focusing on the development of modern freight corridors, advanced airport logistics, and digital transformation initiatives to enhance both regional and global cargo efficiency.

Recent Developments & News

• In March 2024, Challenge Group launched a scheduled freighter route between Mumbai and Liège, offering two weekly flights with a 52-ton cargo capacity, primarily serving the electronics and pharmaceutical sectors.
• Korean Air collaborated with DHL Global Forwarding to merge their cargo booking platforms, enabling real-time data sharing and improved operational coordination.

Key Players

• American Airlines Inc.
• ANA Cargo Inc.
• Bolloré Logistics
• Cargolux Airlines International S.A.
• Delta Air Lines Inc.
• Deutsche Bahn AG
• Deutsche Post AG
• DSV A/S
• Expeditors International of Washington Inc.
• FedEx Corporation
• Hellmann Worldwide Logistics SE & Co. KG
• Kuehne + Nagel International AG
• Nippon Express Co. Ltd.
• Qatar Airways
• United Parcel Service Inc.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Request for Customization: https://www.imarcgroup.com/request?type=report&id=5171&flag=E

Additional Resource
For more insights, you can read this blog: https://www.imarcgroup.com/insight/top-factors-driving-growth-in-global-air-freight-industry

About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201-971-6302