What Is The Impact Of The Covid-19 Crisis On The Air Cargo Market?
The demand for air transport can be seen as increasing at the global level. The rising number of e-commerce players globally is driving the overall market for air cargo market . Furthermore, the rising demand of instant shipments through e-commerce players to deliver product in a shorter timeline is boosting the market growth. In addition, rising number of just-in-time product delivery is positively affecting the global market. Some of the key players operating in this market are Cathay Pacific Cargo, FedEx Express, DHL Aviation, and UPS Airlines. The global air cargo market is likely to be worth US$143.9 bn by the end of 2027, expanding at a CAGR of 4.9% for the forecast period between 2019 and report. By end user, pharmaceuticals and healthcare is likely to exhibit tremendous growth opportunities to the air cargo market. One of the factors for this includes the delivery of urgent medical supplies to individuals affected during natu...