The report, now available on ASDReports, recognizes the following companies as the key players in the Global Air Cargo Market: Cargo Pacific, The Emirates Group, FedEx, Korean Air, and UPS.
Other Prominent Vendors in the market are: Airfrance KLM Martinair Cargo, British Airlines, Cargolux, China Airlines, Delta Airlines, Deutsche Post DHL, Etihad Airways, Lufthansa, Qatar Airways, Saudi Arabian Airlines, Singapore Airlines, and TNT Express.
Commenting on the report, an analyst said: “An air freight forwarder company organizes the shipment of products from corporations and individuals. Such companies provide customers with packaging and shipping facilities. Freight forwarders are allied with cargo airlines and manage the transportation of products to their destinations. International freight forwarders have expertise in preparing customs documentation. There has been a significant increase in the number of freight forwarders, which has led to the increased demand for air cargo services.”
According to the report, one of the major factors driving the growth of the global air cargo market is the increase in the number of online retail stores. Such stores require air cargo facilities to transport goods from one place to another. Most of these products are sold online and this has led to an increase in online retail shopping.
Further, the report states that the increase in reshoring and nearshoring has reduced the need for long distance air transport.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Apr 25, 2016