GLOBAL AIR CARGO MARKET

INTRODUCTION

Another name for air freight is air cargo.

It refers to the conveyance or movement of commodities via an airline.

When it comes to shipping express shipments over the world, air transport services which include air mail, air freight, and air express are the most valuable.

Passenger, cargo, and combo aeroplanes can all carry different types of cargo.

The excess volume in the baggage hold of an aircraft that isn't being used for passenger luggage is utilised by passenger planes.

a standard procedure employed by passenger carriers.

Dedicated to the task, cargo aircraft load and unload cargo using either side loading or nose loading techniques on the main deck.

Combination aircraft can carry cargo in the belly, on a portion of the main deck, before or after the passenger area, and with side loading.

GLOBAL AIR CARGO MARKET SIZE AND FORECAST

The Global air cargo market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

NEW PRODUCT LAUNCH

DP World launched a new air cargo logistics hub in the Dominican Republic’s Punta Cana.Partnership with Grupo Puntacana will expand the Dominican Republic as a key freight and logistics centre serving global markets.

In order to strengthen the Dominican Republic's position as the greatest commerce and logistics centre in the Caribbean, DP World and Grupo Puntacana have launched a cooperative endeavour to establish a new air cargo logistics hub in Punta Cana.

A deal between DP World and the Punta Cana Free Trade Zone (PCFTZ), a subsidiary of Grupo Puntacana, is creating the new facility.

A new logistics facility and infrastructure platforms enabling multimodal air, land, and marine freight will be part of it.

Operations are anticipated to start.

The logistics facility will take advantage of DP World's vast experience in multimodal cargo management in the Dominican Republic, its world-class standards for managing logistics operations internationally, and the airport's excellent access to major distribution hubs around the world.

At its port complex on the Punta Caucedo peninsula, which is strategically located for the redistribution of goods to the Caribbean, the United States, Central America, and South America, DP World started operations in the Dominican Republic.

The agreement will also represent the beginning of the implementation of a strong regional commerce strategy to draw more re-export and import cargo to and from important international commercial, industrial, technological, and agricultural markets.

The initiative also seeks to increase investment in logistics services, spur development and diversification in the Dominican Republic's economy, and raise demand for personnel in the industry.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many air cargo are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global air cargo and key vendor selection criteria
3. Where is the air cargo manufactured? What is the average margin per unit?
4. Market share of Global air cargo market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global air cargo in-house
6. key predictions for next 5 years in Global air cargo market
7. Average B-2-B air cargo market price in all segments
8. Latest trends in air cargo market, by every market segment
9. The market size (both volume and value) of the air cargo market in 2023-2030 and every year in between?
10. Production breakup of air cargo market, by suppliers and their OEM relationship