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The United States air freight market is expected to exhibit a CAGR of 4.47% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Air freight, or air cargo, is a reliable shipment that ensures rapid transportation of various perishable consumer goods through a chartered and scheduled carrier. It involves coordination between logistics and local carrier for gathering and loading items from the warehouses, which is later arranged onto planes. Air freight assists in reducing storage requirements, maintaining high-security standards for eliminating theft, and mitigating the risk of product damage at low premium insurance. At present, it is commercially bifurcated into domestic and international destination.
With the rapid expansion in the transportation industry, there has been an increasing need for effective, fast-speed shipping solutions for delivering various valuable products, including automotive parts, vegetables, documents, and fashionable garments. This, in turn, has facilitated the widespread adoption of air freight across various industrial verticals, which represents one of the prime factors driving the market growth in the United States. Additionally, the sudden outbreak of coronavirus disease (COVID-19) pandemic across the country is acting as another growth-inducing factor as the incidence led to an increased uptake of air freight for distributing vaccines through temperature-sensitive systems. This, along with the integration of the Internet of Things (IoT), artificial intelligence (AI), cool-chain solutions, and e-Air waybill (eAWB) for optimizing logistics, is contributing to the market growth. Moreover, extensive utilization of e-commerce platforms and the rising demand for the fast delivery of consumer goods are creating a need for efficient packaged transport services, such as air freight, which is propelling the market growth. Apart from this, frequent mergers and acquisitions (M&A) amongst key players to introduce secure shipment solutions for the import and export of products are creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States air freight market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on service, destination and end user.
Breakup by Service:
Breakup by Destination:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Service, Destination, End User, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
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Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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