Air Freight Market Share, Growth, Analysis and Forecast Report 2024-2032
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IMARC Group, a leading market research company, has recently releases report titled “ Air Freight Market Report by Service (Freight, Express, Mail, and Others), Destination (Domestic, International), End User (Private, Commercial), and Region 2024-2032 ”, Offers a comprehensive analysis of the industry, which comprises insights on the global air freight market . How Big Is the Air Freight Market? The global air freight market size reached US$ 303.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 481.2 Billion by 2032, exhibiting a growth rate (CAGR) of 5.1% during 2024-2032. Factors Affecting the Growth of the Air Freight Industry: E-commerce Expansion: The growing online shopping, particularly highlighted during the COVID-19 pandemic, has greatly increased the demand for air freight services. It is primarily driven by consumer expectations for rapid delivery times, which air freight is uniquely positioned to facilitate. Online shoppers...