Global Air Cargo Containers Market to Reach $373 Million by 2030
The global market for Air Cargo Containers estimated at US$247.7 Million in the year 2022, is projected to reach a revised size of US$373 Million by 2030, growing at a CAGR of 5.2% over the analysis period 2022-2030.
This comprehensive analysis covers a wide range of aspects across various markets, including LD-3, LD-11, LD-6, M-1, other container types, metals, composites, other material types, commercial aircraft, military aircraft, and air cargo containers. It serves as a valuable resource for gaining insights into the evolving landscape of these industries and their future potential.
In particular, the LD-3 segment, as highlighted in the report, is expected to achieve a Compound Annual Growth Rate (CAGR) of 5.6%, reaching a market size of US$281.9 million by the end of the analysis period. The LD-11 segment is also anticipated to experience growth, with an estimated CAGR of 4.6% over the next eight years.
In terms of market size, the United States holds a significant position, with the Air Cargo Containers market estimated at US$66 million in 2022. Meanwhile, China, as the world's second-largest economy, is projected to reach a market size of US$65.7 million by 2030, with a CAGR of 7.1% during the period from 2022 to 2030.
The report offers insights into annual sales trends, historical data, and a forward-looking perspective spanning from 2014 to 2030. Furthermore, it examines sales performance across various geographical regions, shedding light on growth trends and market dynamics in regions such as the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
Noteworthy geographical markets highlighted in the report include Japan and Canada, with projected growth rates of 3.7% and 5%, respectively, over the 2022-2030 period. Within Europe, Germany is expected to achieve a CAGR of approximately 4.3%.
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MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
COVID-19 Pandemic Severely Disrupts Global Freight Transportation and Cargo Containers Industry
Month-on-Month Growth in Global Trade: Jan 2019-April2020
Percentage Change (%) in Load Factor by Region of Origin and Aircraft Type: March-April 2020
Global Logistics Industry 2019 Vs 2020 Growth (In %)
Regional Market Review
Key Takeaways
Logistics Industry Bears the Brunt of COVID-19
COVID-19 Disrupts the Airfreight Sector
Air Cargo Containers: Offering Means for Optimal, Faster Delivery of Goods by Air
Container Compatibility with Aircraft
Cargo Aircraft Types
Surge in Cargo Traffic to Allow Global Air Cargo Containers Market to Experience Long Term Growth
Need to Transport Goods Faster Impels Market Growth
Gains for Pharmaceutical Logistics to Push Growth
Demand for Temperature-Controlled Containers Creates New Avenues
Expansion of Commercial Airlines & Need to Transport Military Goods Fuel Growth
LD-3 Retains Position as Most Popular Container Type
World Air Cargo Containers Market by Container Type (2020 & 2027): Percentage Breakdown of Sales for LD-3, LD-11, LD-6, M-1, and Other Container Types
Metals Remain Primary Material Type Segment
World Air Cargo Containers Market by Material Type (2020 & 2027): Percentage Breakdown of Sales for Metals, Composites, and Other Material Types
Commercial Aircraft Containers Application Segment to Experience Fastest Growth Rate
World Air Cargo Containers Market by Application (2020 & 2027): Percentage Breakdown of Sales for Commercial Aircraft, and Military Aircraft
Wide-Body Aircraft Segment to Command Major Share
Regional Analysis: Increasing Trade Activity Makes Asia-Pacific an Exploding Air Cargo Containers Market
Air Freight Industry Heading towards Healthy Demand amid Tightening Capacity
World Air Cargo Containers Market (2020 & 2027): Percentage Breakdown of Sales for Developed and Developing Regions
World Air Cargo Containers Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Europe, and Japan
Global Air Cargo Containers Market Inches towards Fierce Competition
Air cargo Container Owners Face Intense Pressure from Rising Outbound Cargo Rates
Companies Resorting to Technological Innovations for Smarter and Lighter ULDs
Recent Market Activity
Select Innovations
Air Cargo Containers - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
MARKET TRENDS & DRIVERS
Containers Industry to Continue Feeling Heat from COVID-19 Crisis in 2021
Global Air Cargo Market: Weight and Yield Monthly YOY Change (in %) for the Months January 2020 through August 2020
Global Air Cargo Weight Monthly YOY Change (in %) by Region: August 2020
Freight as Blessing Enables Air cargo Demand to Surpass Capacity amid COVID-19
Global Air Cargo Volume (Demand) YOY Growth for the Months May 2020 through August 2020
Global Air Cargo Volume (Capacity) YOY Growth for the Months May 2020 through August 2020
Stable Commercial Aviation Outlook Signals Long Term Growth Opportunities for Air Cargo Containers Market
Converting Airlines and Sharing Space to Address Demand
Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2018 and 2038
Freighter Aircraft Fleet in Service by Region (2019-2038)
Global Freighter Fleet Projections: Breakdown of Fleet (Units) by Type for 2017 and 2037
Prominent Trends Altering and Governing Air Freight Logistics Landscape
Air Cargo Industry Undergoes Significant Transformation with New Approaches
Digitization Transforming the Air Freight Industry
Big Data Analytics Gains Importance in Freight Management
Global Adoption Rates (in %) of Big Data Technologies by Industry (2019)
ULDs: The Unseen Backbone of Air Cargo
Key Advancements in ULD Tracking Technologies
Air Cargo Industry Focuses on Developing and Manufacturing Lightweight ULDs
Real-time Tracking: A Boon for Logistics Providers
Major Trends Influencing Air Freight of Pharmaceutical Products
Distribution of Potential COVID-19 Vaccine to Amplify Air cargo Containers Demand
Global Air Cargo Weight Monthly YOY Change (in %) by Product Segment: August 2020
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