This comprehensive report forecasts the global air cargo market to grow at a CAGR of 4.57% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: An air freight forwarder company organizes the shipment of products from corporations and individuals. Such companies provide customers with packaging and shipping facilities. Freight forwarders are allied with cargo airlines and manage the transportation of products to their destinations. International freight forwarders have expertise in preparing customs documentation. There has been a significant increase in the number of freight forwarders, which has led to the increased demand for air cargo services.
According to the report, one of the major factors driving the growth of the global air cargo market is the increase in the number of online retail stores. Such stores require air cargo facilities to transport goods from one place to another. Most of these products are sold online and this has led to an increase in online retail shopping.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?