United States Air Freight Market Report

Market Overview:

The United States air freight market size is expected to exhibit a growth rate (CAGR) of 3.84% during 2024-2032. The growing application in the pharmaceutical and medical sector, wide availability of fast-shipping solutions, and rising adoption of artificial intelligence (AI) and the internet of things (IoT) represent some of the key factors driving the market.

Air freight refers to the process of transporting goods and parcels by an air carrier, which may be charter or commercial. It involves the delivery of various perishable goods, such as vegetables, fruits, dairy products, poultry, meat, and exotic seafood, anywhere in the world. It also consists of experienced staff and is equipped with proper infrastructure to handle time and temperature-sensitive commodities, such as radiopharmaceuticals and other medical products, which are required for diagnosis and treatment purposes. It enables shipments to travel out of commercial and passenger aviation gateways to anywhere planes can fly and land. It also enables efficient coordination between logistics and local carrier management systems for gathering and loading items from the warehouses, which are later arranged onto airplanes. It offers fast shipment of products with maintenance of comprehensive security to reduce the risk of theft and damage. It also minimizes the requirement of packing materials and containers as cargo is shipped in lightweight packaging. Furthermore, as air freight offers web-based tracking, which allows individuals to check the real-time status of their shipment, its demand is increasing in the United States.

United States Air Freight Market Trends:

At present, the rising demand for air freight services, as they are reliable, efficient, and economical, represents one of the primary factors influencing the market positively in the United States. Besides this, the wide availability of fast-shipping solutions for delivering various valuable items, such as automotive parts, garments, and consumable products, is propelling the growth of the market. In addition, the growing utilization of air freight services in the pharmaceutical and medical sector to transport medications, vaccines, and surgical equipment in places wherein they are needed urgently is offering a favorable market outlook in the country. Apart from this, the rising adoption of air freight services in various industry verticals as they handle cargo with state-of-the-art procedures and technologies is contributing to the market growth. Additionally, the increasing transformation of air freight systems from old mainframe systems to more adaptable interfaces employed for managing flight operations, revenue accounting, and network planning is supporting the market growth in the country. Moreover, the rising adoption of artificial intelligence (AI) and the internet of things (IoT) to optimize logistics is strengthening the market growth in the country. Furthermore, the increasing utilization of e-commerce platforms to shop for various consumer products online is bolstering the growth of the market in the United States.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States air freight market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on service, destination and end user.

Service Insights:

• Freight
• Express
• Mail
• Others
   

The report has provided a detailed breakup and analysis of the United States air freight market based on the service. This includes freight, express, mail, and others. According to the report, freight represented the largest segment.

Destination Insights:

• Domestic
• International
   

A detailed breakup and analysis of the United States air freight market based on the destination has also been provided in the report. This includes domestic and international. According to the report, domestic accounted for the largest market share.

End User Insights:

• Private
• Commercial
   

A detailed breakup and analysis of the United States air freight market based on the end user has also been provided in the report. This includes private and commercial. According to the report, commercial accounted for the largest market share.

Regional Insights:

• Northeast
• Midwest
• South
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the United States air freight market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Report Coverage:

Key Questions Answered in This Report:

• How has the United States air freight market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the United States air freight market?
• What is the impact of each driver, restraint, and opportunity on the United States air freight market?
• What are the key regional markets?
• What is the breakup of the market based on the service?
• Which is the most attractive service in the United States air freight market?
• What is the breakup of the market based on the destination?
• Which is the most attractive destination in the United States air freight market?
• What is the breakup of the market based on the end user?
• Which is the most attractive the end user in the United States air freight market?
• What is the competitive structure of the United States air freight market?
• Who are the key players/companies in the United States air freight market?

Key Benefits for Stakeholders:

• IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States air freight market from 2018-2032.
• The research study provides the latest information on the market drivers, challenges, and opportunities in the United States air freight market.
• The study maps the leading, as well as the fastest-growing, regional markets.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States air freight industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.