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The global air cargo services market is expected to grow from $56.48 billion in 2020 to $64.98 billion in 2021 at a compound annual growth rate (CAGR) of 15%.
Air Cargo Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030 provides the strategists, marketers and senior management with the critical information they need to assess the global air cargo services market as it emerges from the COVID-19 shut down.
Major companies in the air cargo transport services market include Cathay Pacific Cargo; FedEx; The Emirates Group; United Parcel Service and DHL Aviation.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach