Product ID: SQMIG20R2018
Report ID:
SQMIG20R2018 |
Region:
Global |
Published Date: March, 2024
Pages:
202
|
Tables:
60 |
Figures:
75
North America dominated the global air freight market. The region's robust economy, advanced transportation infrastructure, and high demand for time-sensitive shipments contribute to its strong position. Major players in the North American air freight market include UPS, FedEx, and DHL. The United States, in particular, is a key market in the region, accounting for a significant share of air freight volumes.
APAC is the fastest-growing region in the global air freight market. The region's rapid economic growth, expanding middle class, and burgeoning e-commerce sector drive the demand for air cargo services. Countries such as China, India, and Japan are major contributors to APAC's air freight market. Additionally, the rise of manufacturing hubs and the increasing integration of APAC economies have led to significant growth in cross-border trade and air freight activities.
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Product ID: SQMIG20R2018