The Air Freight Services industry has grown at a compound annual 3.2% over the past five years, to be worth an estimated $3.3 billion in 2014-15. The industry has continued to recover from poor conditions, following the financial crisis, which rocked the global aviation industry and suppressed demand for freight services. In 2014-15, industry revenue is expected to grow by 2.8%, aided by strong inbound freight volumes.
The majority of industry activity relates to international freight and mail services. Over the past five years, the industry's performance has strengthened due to increased global trade volumes, supported by successive global and bilateral trade agreements.
The industry includes businesses that provide domestic and international airfreight services for freight and mail.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.