Air Freight Market Share, Growth, Analysis and Forecast Report 2024-2032
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 frequently seek qu