Market Overview:
The global airfreight forwarding market reached a volume of around 44 Million Tons in 2020. Airfreight forwarding is a process wherein a firm act as an intermediary between the manufacturer and various transportation services to transport goods to the final distribution point. It includes activities such as warehousing, booking cargo space, freight consolidation, negotiating freight charges, tracking inland transportation, filing insurance claims, preparing shipping and export documents, packaging and labeling goods, and centralizing control loading, customs and security procedures. Consequently, it is utilized to deliver perishable and non-perishable goods, such as electronic appliances, automotive parts, retail products, jewelry, healthcare products, etc.
The expanding international trade is escalating the demand for airfreight forwarding to ease the supply chain process and allow organizations to focus on their core business activities. Apart from this, the rising online sales of consumer electronics and fashionable garments are increasing the adoption of airfreight forwarding across small and medium-sized enterprises (SMEs) to manage cross-border e-commerce activities effectively. Additionally, market players are offering customized solutions to meet the transportation needs of e-commerce companies. Furthermore, the escalating demand for automotive products, medical devices, agricultural products and seafood is increasing business-to-business (B2B) shipping, which is propelling the market growth. However, travel bans and other related restrictions imposed by governing agencies of several countries to contain the spread of the coronavirus disease (COVID-19) have negatively impacted the air freight and logistics services around the world. Looking forward, IMARC Group expects the global airfreight forwarding market to exhibit moderate growth during 2021-2026.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global airfreight forwarding market report, along with forecasts for growth at the global, regional and country-level from 2021-2026. Our report has categorized the market based on region, type, service type and end use industry.
Breakup by Type:
- Full Charter
- Split Charter
Breakup by Service Type:
- Packaging and Labelling
- Documentation and PO Management
- Charter Services
- Transportation and Warehousing
- Others
Breakup by End Use Industry:
- Retail and FMCG
- Manufacturing
- Consumer Appliances
- Healthcare
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Bolloré Logistics, CEVA Logistics AG (CMA CGM S.A.), Deutsche Post AG, DSV Panalpina A/S, Expeditors International, Hellmann Worldwide Logistics, Kuehne Nagel International AG, Nippon Express, Sinotrans Limited and UPS Supply Chain Solutions.
Key Questions Answered in This Report:
- How has the global airfreight forwarding market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global airfreight forwarding market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the service type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global airfreight forwarding market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.1 Key Industry Trends
5 Global Airfreight Forwarding Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Full Charter
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Split Charter
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Service Type
7.1 Packaging and Labelling
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Documentation and PO Management
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Charter Services
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Transportation and Warehousing
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End Use Industry
8.1 Retail and FMCG
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Manufacturing
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Consumer Appliances
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Healthcare
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Bolloré Logistics
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 CEVA Logistics AG (CMA CGM S.A.)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Deutsche Post AG
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 DSV Panalpina A/S
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Expeditors International
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Hellmann Worldwide Logistics
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Kuehne Nagel International AG
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Nippon Express
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Sinotrans Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 UPS Supply Chain Solutions
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
List of Figures
Figure 1: Global: Airfreight Forwarding Market: Major Drivers and Challenges
Figure 2: Global: Airfreight Forwarding Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Airfreight Forwarding Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Airfreight Forwarding Market: Breakup by Type (in %), 2020
Figure 5: Global: Airfreight Forwarding Market: Breakup by Service Type (in %), 2020
Figure 6: Global: Airfreight Forwarding Market: Breakup by End Use Industry (in %), 2020
Figure 7: Global: Airfreight Forwarding Market: Breakup by Region (in %), 2020
Figure 8: Global: Airfreight Forwarding (Full Charter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Airfreight Forwarding (Full Charter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Airfreight Forwarding (Split Charter) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Airfreight Forwarding (Split Charter) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Airfreight Forwarding (Packaging and Labelling) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Airfreight Forwarding (Packaging and Labelling) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Airfreight Forwarding (Documentation and PO Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Airfreight Forwarding (Documentation and PO Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Airfreight Forwarding (Charter Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Airfreight Forwarding (Charter Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Airfreight Forwarding (Transportation and Warehousing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Airfreight Forwarding (Transportation and Warehousing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Airfreight Forwarding (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Airfreight Forwarding (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Airfreight Forwarding (Retail and FMCG) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Airfreight Forwarding (Retail and FMCG) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Airfreight Forwarding (Manufacturing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Airfreight Forwarding (Manufacturing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Airfreight Forwarding (Consumer Appliances) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Airfreight Forwarding (Consumer Appliances) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Airfreight Forwarding (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Airfreight Forwarding (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Airfreight Forwarding (Others) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Airfreight Forwarding (Others) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: United States: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Canada: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Canada: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Asia-Pacific: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: China: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Japan: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Japan: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: India: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: India: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: South Korea: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: South Korea: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Australia: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Australia: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Indonesia: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Indonesia: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Others: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Others: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Asia-Pacific: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Germany: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: France: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: France: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: United Kingdom: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: United Kingdom: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Italy: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Italy: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Spain: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Spain: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Russia: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Russia: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Europe: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Brazil: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Mexico: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Mexico: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Others: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Others: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Latin America: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Airfreight Forwarding Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Airfreight Forwarding Market: Breakup by Country (in %), 2020
Figure 80: Middle East and Africa: Airfreight Forwarding Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Global: Airfreight Forwarding Industry: SWOT Analysis
Figure 82: Global: Airfreight Forwarding Industry: Value Chain Analysis
Figure 83: Global: Airfreight Forwarding Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Airfreight Forwarding Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Airfreight Forwarding Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Airfreight Forwarding Market Forecast: Breakup by Service Type (in Million US$), 2021-2026
Table 4: Global: Airfreight Forwarding Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Global: Airfreight Forwarding Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Airfreight Forwarding Market: Competitive Structure
Table 7: Global: Airfreight Forwarding Market: Key Players