Air Cargo - Global Top Players Market Share and Ranking 2025- YH Research

日本语 | 中文

Home > Reports >Service & Software > Air Cargo - Global Top Players Market Share and Ranking 2025

Air Cargo - Global Top Players Market Share and Ranking 2025

Publication Date: 2025-11-25
Report Id: 2825486
Industry: Service & Software
Report Page: 111
Chart: 115

PDF Download

Publication Date: 2025-11-25
Report Id: 2825486
Industry: Service & Software
Report Page: 111
Chart: 115

PDF Download

A research report provider that focuses on identifying industry pain points and solving core problems for companies！

Table of Contents
Description
Table of Figures
Need a Quote?

1 Market Overview
1.1 Air Cargo Definition
1.2 Global Air Cargo Market Size and Forecast
1.3 China Air Cargo Market Size and Forecast
1.4 Share of China Air Cargo Market with Respect to the Global Market
1.5 Air Cargo Market Size: China VS Global Growth Rate, 2020-2031
1.6 Air Cargo Market Dynamics
1.6.1 Air Cargo Market Drivers
1.6.2 Air Cargo Market Restraints
1.6.3 Air Cargo Industry Trends
1.6.4 Air Cargo Industry Policy

2 Global Leading Players and Market Share
2.1 By Revenue of Air Cargo, Global Market Share by Company, 2020-2025
2.2 Global Air Cargo Participants, Market Position (Tier 1, Tier 2, and Tier 3)
2.3 Global Air Cargo Concentration Ratio
2.4 Global Air Cargo Mergers & Acquisitions, Expansion Plans
2.5 Global Air Cargo Major Companies Product Type
2.6 Head Office and Area Served of Key Players

3 China Leading Players, Market Share and Ranking
3.1 By Revenue of Air Cargo, China Market Share by Company, 2020-2025
3.2 China Air Cargo Air Cargo Participants, Market Position (Tier 1, Tier 2, and Tier 3)

4 Industry Chain Analysis
4.1 Air Cargo Industry Chain
4.2 Air Cargo Upstream Analysis
4.2.1 Air Cargo Core Raw Materials
4.2.2 Main Manufacturers of Air Cargo Core Raw Materials
4.3 Midstream Analysis
4.4 Downstream Analysis
4.5 Air Cargo Production Mode
4.6 Air Cargo Procurement Model
4.7 Air Cargo Industry Sales Model and Sales Channels
4.7.1 Air Cargo Sales Model
4.7.2 Air Cargo Typical Distributors

5 Sights by Type
5.1 Air Cargo Classification by Type
5.1.1 Domestic Aviation
5.1.2 International Aviation
5.2 by Type, Global Air Cargo Consumption Value & CAGR, 2020 VS 2024 VS 2031
5.3 by Type, Global Air Cargo Consumption Value, 2020-2031

6 Sights by Cargo
6.1 Air Cargo Classification by Cargo
6.1.1 General Cargo
6.1.2 Special Cargo
6.2 by Cargo, Global Air Cargo Consumption Value & CAGR, 2020 VS 2024 VS 2031
6.3 by Cargo, Global Air Cargo Consumption Value, 2020-2031

7 Sights by Application
7.1 Air Cargo Segment by Application
7.1.1 Medical
7.1.2 Industrial
7.1.3 Electronics & Semiconductors
7.1.4 Food & Beverage
7.1.5 Other
7.2 by Application, Global Air Cargo Consumption Value & CAGR, 2020 VS 2024 VS 2031
7.3 by Application, Global Air Cargo Consumption Value, 2020-2031

8 Sales Sights by Region
8.1 By Region, Global Air Cargo Consumption Value, 2020 VS 2024 VS 2031
8.2 By Region, Global Air Cargo Consumption Value, 2020-2031
8.3 North America
8.3.1 North America Air Cargo Market Size & Forecasts, 2020-2031
8.3.2 By Country, North America Air Cargo Market Size Market Share
8.4 Europe
8.4.1 Europe Air Cargo Market Size & Forecasts, 2020-2031
8.4.2 By Country, Europe Air Cargo Market Size Market Share
8.5 Asia Pacific
8.5.1 Asia Pacific Air Cargo Market Size & Forecasts, 2020-2031
8.5.2 By Country/Region, Asia Pacific Air Cargo Market Size Market Share
8.6 South America
8.6.1 South AmericaAir Cargo Market Size & Forecasts, 2020-2031
8.6.2 By Country, South America Air Cargo Market Size Market Share
8.7 Middle East & Africa

9 Sales Sights by Country Level
9.1 By Country, Global Air Cargo Market Size & CAGR, 2020 VS 2024 VS 2031
9.2 By Country, Global Air Cargo Consumption Value, 2020-2031
9.3 United States
9.3.1 United States Air Cargo Market Size, 2020-2031
9.3.2 by Type, United States Air Cargo Consumption Value Market Share, 2024 VS 2031
9.3.3 by Application, United States Air Cargo Consumption Value Market Share, 2024 VS 2031
9.4 Europe
9.4.1 Europe Air Cargo Market Size, 2020-2031
9.4.2 by Type, Europe Air Cargo Consumption Value Market Share, 2024 VS 2031
9.4.3 by Application, Europe Air Cargo Consumption Value Market Share, 2024 VS 2031
9.5 China
9.5.1 China Air Cargo Market Size, 2020-2031
9.5.2 by Type, China Air Cargo Consumption Value Market Share, 2024 VS 2031
9.5.3 by Application, China Air Cargo Consumption Value Market Share, 2024 VS 2031
9.6 Japan
9.6.1 Japan Air Cargo Market Size, 2020-2031
9.6.2 by Type, Japan Air Cargo Consumption Value Market Share, 2024 VS 2031
9.6.3 by Application, Japan Air Cargo Consumption Value Market Share, 2024 VS 2031
9.7 South Korea
9.7.1 South Korea Air Cargo Market Size, 2020-2031
9.7.2 by Type, South Korea Air Cargo Consumption Value Market Share, 2024 VS 2031
9.7.3 by Application, South Korea Air Cargo Consumption Value Market Share, 2024 VS 2031
9.8 Southeast Asia
9.8.1 Southeast Asia Air Cargo Market Size, 2020-2031
9.8.2 by Type, Southeast Asia Air Cargo Consumption Value Market Share, 2024 VS 2031
9.8.3 by Application, Southeast Asia Air Cargo Consumption Value Market Share, 2024 VS 2031
9.9 India
9.9.1 India Air Cargo Market Size, 2020-2031
9.9.2 by Type, India Air Cargo Consumption Value Market Share, 2024 VS 2031
9.9.3 by Application, India Air Cargo Consumption Value Market Share, 2024 VS 2031
9.10 Middle East & Africa
9.10.1 Middle East & Africa Air Cargo Market Size, 2020-2031
9.10.2 by Type, Middle East & Africa Air Cargo Consumption Value Market Share, 2024 VS 2031
9.10.3 by Application, Middle East & Africa Air Cargo Consumption Value Market Share, 2024 VS 2031

10 Company Profile
10.1 FedEx Express
10.1.1 FedEx Express Company Information, Head Office, Market Area, and Industry Position
10.1.2 FedEx Express Company Profile and Main Business
10.1.3 FedEx Express Air Cargo Models, Specifications, and Application
10.1.4 FedEx Express Air Cargo Revenue and Gross Margin, 2020-2025
10.1.5 FedEx Express Recent Developments
10.2 UPS Airlines
10.2.1 UPS Airlines Company Information, Head Office, Market Area, and Industry Position
10.2.2 UPS Airlines Company Profile and Main Business
10.2.3 UPS Airlines Air Cargo Models, Specifications, and Application
10.2.4 UPS Airlines Air Cargo Revenue and Gross Margin, 2020-2025
10.2.5 UPS Airlines Recent Developments
10.3 Emirates
10.3.1 Emirates Company Information, Head Office, Market Area, and Industry Position
10.3.2 Emirates Company Profile and Main Business
10.3.3 Emirates Air Cargo Models, Specifications, and Application
10.3.4 Emirates Air Cargo Revenue and Gross Margin, 2020-2025
10.3.5 Emirates Recent Developments
10.4 China Cargo Airlines
10.4.1 China Cargo Airlines Company Information, Head Office, Market Area, and Industry Position
10.4.2 China Cargo Airlines Company Profile and Main Business
10.4.3 China Cargo Airlines Air Cargo Models, Specifications, and Application
10.4.4 China Cargo Airlines Air Cargo Revenue and Gross Margin, 2020-2025
10.4.5 China Cargo Airlines Recent Developments
10.5 SF Express
10.5.1 SF Express Company Information, Head Office, Market Area, and Industry Position
10.5.2 SF Express Company Profile and Main Business
10.5.3 SF Express Air Cargo Models, Specifications, and Application
10.5.4 SF Express Air Cargo Revenue and Gross Margin, 2020-2025
10.5.5 SF Express Recent Developments
10.6 Cathay Pacific Cargo
10.6.1 Cathay Pacific Cargo Company Information, Head Office, Market Area, and Industry Position
10.6.2 Cathay Pacific Cargo Company Profile and Main Business
10.6.3 Cathay Pacific Cargo Air Cargo Models, Specifications, and Application
10.6.4 Cathay Pacific Cargo Air Cargo Revenue and Gross Margin, 2020-2025
10.6.5 Cathay Pacific Cargo Recent Developments
10.7 DHL Aviation
10.7.1 DHL Aviation Company Information, Head Office, Market Area, and Industry Position
10.7.2 DHL Aviation Company Profile and Main Business
10.7.3 DHL Aviation Air Cargo Models, Specifications, and Application
10.7.4 DHL Aviation Air Cargo Revenue and Gross Margin, 2020-2025
10.7.5 DHL Aviation Recent Developments
10.8 Korean Air Caro
10.8.1 Korean Air Caro Company Information, Head Office, Market Area, and Industry Position
10.8.2 Korean Air Caro Company Profile and Main Business
10.8.3 Korean Air Caro Air Cargo Models, Specifications, and Application
10.8.4 Korean Air Caro Air Cargo Revenue and Gross Margin, 2020-2025
10.8.5 Korean Air Caro Recent Developments
10.9 Cargolux
10.9.1 Cargolux Company Information, Head Office, Market Area, and Industry Position
10.9.2 Cargolux Company Profile and Main Business
10.9.3 Cargolux Air Cargo Models, Specifications, and Application
10.9.4 Cargolux Air Cargo Revenue and Gross Margin, 2020-2025
10.9.5 Cargolux Recent Developments
10.10 Lufthansa Cargo
10.10.1 Lufthansa Cargo Company Information, Head Office, Market Area, and Industry Position
10.10.2 Lufthansa Cargo Company Profile and Main Business
10.10.3 Lufthansa Cargo Air Cargo Models, Specifications, and Application
10.10.4 Lufthansa Cargo Air Cargo Revenue and Gross Margin, 2020-2025
10.10.5 Lufthansa Cargo Recent Developments
10.11 Singapore Airlines Cargo
10.11.1 Singapore Airlines Cargo Company Information, Head Office, Market Area, and Industry Position
10.11.2 Singapore Airlines Cargo Company Profile and Main Business
10.11.3 Singapore Airlines Cargo Air Cargo Models, Specifications, and Application
10.11.4 Singapore Airlines Cargo Air Cargo Revenue and Gross Margin, 2020-2025
10.11.5 Singapore Airlines Cargo Recent Developments
10.12 Emirates SkyCargo
10.12.1 Emirates SkyCargo Company Information, Head Office, Market Area, and Industry Position
10.12.2 Emirates SkyCargo Company Profile and Main Business
10.12.3 Emirates SkyCargo Air Cargo Models, Specifications, and Application
10.12.4 Emirates SkyCargo Air Cargo Revenue and Gross Margin, 2020-2025
10.12.5 Emirates SkyCargo Recent Developments
10.13 Air Freight and Air Mail
10.13.1 Air Freight and Air Mail Company Information, Head Office, Market Area, and Industry Position
10.13.2 Air Freight and Air Mail Company Profile and Main Business
10.13.3 Air Freight and Air Mail Air Cargo Models, Specifications, and Application
10.13.4 Air Freight and Air Mail Air Cargo Revenue and Gross Margin, 2020-2025
10.13.5 Air Freight and Air Mail Recent Developments
10.14 Cathay Pacific Group
10.14.1 Cathay Pacific Group Company Information, Head Office, Market Area, and Industry Position
10.14.2 Cathay Pacific Group Company Profile and Main Business
10.14.3 Cathay Pacific Group Air Cargo Models, Specifications, and Application
10.14.4 Cathay Pacific Group Air Cargo Revenue and Gross Margin, 2020-2025
10.14.5 Cathay Pacific Group Recent Developments
10.15 China Postal Airlines
10.15.1 China Postal Airlines Company Information, Head Office, Market Area, and Industry Position
10.15.2 China Postal Airlines Company Profile and Main Business
10.15.3 China Postal Airlines Air Cargo Models, Specifications, and Application
10.15.4 China Postal Airlines Air Cargo Revenue and Gross Margin, 2020-2025
10.15.5 China Postal Airlines Recent Developments
10.16 Volga-Dnepr Airlines
10.16.1 Volga-Dnepr Airlines Company Information, Head Office, Market Area, and Industry Position
10.16.2 Volga-Dnepr Airlines Company Profile and Main Business
10.16.3 Volga-Dnepr Airlines Air Cargo Models, Specifications, and Application
10.16.4 Volga-Dnepr Airlines Air Cargo Revenue and Gross Margin, 2020-2025
10.16.5 Volga-Dnepr Airlines Recent Developments

11 Conclusion

12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer

According to YH Research, the global market for Air Cargo should grow from US$ 105773 million in 2024 to US$ 146319 million by 2031, with a CAGR of 3.8% for the period of 2025-2031.

Air Cargo refers to goods, parcels, and freight transported by aircraft. It includes all commercial cargo shipped through air transportation—whether by dedicated cargo aircraft, passenger aircraft belly space, or integrated express carriers such as DHL, FedEx, and UPS.

Air Cargo

According to YH Research, the global market for Air Cargo should grow from US$ 105773 million in 2024 to US$ 146319 million by 2031, with a CAGR of 3.8% for the period of 2025-2031.

Unit: US$ M

www.yhresearch.com

In-depth insight into market trends

Air cargo refers to all commercial goods, freight, and parcels transported by aircraft through dedicated freighters or the belly space of passenger aircraft, providing the fastest mode of long-distance logistics for high-value, time-sensitive, and perishable shipments. The industry chain begins upstream with aircraft manufacturers (Boeing, Airbus), engine suppliers (GE, Rolls-Royce), airframe conversion companies (IAI, AEI for P2F conversions), airport infrastructure developers, ground-handling equipment suppliers, pallet/ULD manufacturers, and digital logistics system providers. Midstream includes airlines, freighter operators, integrated express carriers (FedEx, UPS, DHL, SF Express), air freight forwarders, cargo terminals, ground-handling companies, customs brokers, and cold-chain service providers. Downstream, air cargo serves sectors such as e-commerce, semiconductors, pharmaceuticals and biologics, fresh food and perishables, automotive components, industrial machinery, and luxury goods, where speed, security, and supply-chain continuity are mission-critical. The industry average gross margin typically ranges from 10%–20% for traditional airlines, 20%–30% for freighter-focused carriers, and 15%–25% for freight forwarders, while integrated express networks can reach 30%–40% due to value-added door-to-door services. Air cargo does not have “production lines” in the manufacturing sense, but capacity is measured by aircraft payload (10–140 tons per aircraft) and route uplift capacity (ton-kilometers per flight); a single widebody freighter (e.g., Boeing 777F or 747-8F) effectively acts as a “production unit,” carrying 80–130 tons per flight, while converted narrowbody freighters (e.g., 737-800BCF, A321P2F) handle 20–28 tons each. Overall, the air cargo value chain integrates advanced aerospace manufacturing, airport logistics, digital tracking, express distribution, and downstream industries requiring rapid global delivery, making it one of the most technologically intensive and strategically important components of the global supply chain.

1. Growth of Global E-Commerce and Cross-Border Online Retail
One of the strongest drivers in the air cargo industry is the explosive growth of e-commerce, particularly cross-border shipping. Consumers expect rapid delivery times—often within days—which is only achievable via air transport. Platforms such as Amazon, Alibaba, Shopee, Temu, and JD Logistics increasingly rely on air freight corridors to connect Asian manufacturing hubs with Europe, North America, the Middle East, and Latin America. The rise of direct-to-consumer exports from China and Southeast Asia continues to push integrators (DHL, FedEx, UPS) and airline belly cargo operators to invest in larger fleets, enhanced sorting systems, and new freighter conversions. As e-commerce penetration accelerates globally, demand for air cargo uplift capacity is set to remain strong.

2. Expansion of High-Value and Time-Critical Industries
Air cargo plays an essential role in transporting high-value, low-weight products such as semiconductors, pharmaceuticals, medical devices, and precision machinery. The ongoing digitization of industries—from cloud computing infrastructure to automotive electronics—drives continuous movement of these components between global production centers. Pharmaceutical and biotech shipments, especially temperature-controlled biologics, vaccines, and clinical trial materials, require rapid, reliable air logistics supported by GDP-compliant cold-chain networks. As manufacturing becomes more global and high-value technology products proliferate, air cargo volumes grow accordingly.

3. Rising Demand for Perishables and Fresh Supply Chains
Global consumption of fresh food, flowers, and seafood has increased sharply, supported by rising incomes, urbanization, and global tourism. These perishables require temperature-controlled, time-sensitive transportation, making air cargo the preferred mode for long-distance delivery. Major flows—such as Chilean salmon to Asia, European flowers to the Middle East, and tropical fruits from Southeast Asia to Europe—continue to expand. As consumers increasingly demand year-round freshness and international specialty products, the market for perishable air freight grows in both volume and value.

4. Accelerated Just-in-Time (JIT) and Lean Manufacturing Supply Chains
Many industries, especially automotive, electronics, aerospace, and industrial machinery, rely on just-in-time (JIT) production systems. To prevent costly factory downtime, companies often use air cargo for urgent shipments of components and spare parts. This need is amplified by increasingly complex and geographically dispersed supply chains, where delays at ports, natural disasters, or geopolitical events can disrupt operations. As supply chains become more fragile and global in scope, air cargo provides a critical buffer that supports continuity and resilience.

This report studies and analyses global Air Cargo status and future trends, to help determine the Air Cargo market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Air Cargo, and provides market size (US$ million) and Year-over-Year growth, considering 2023 as the base year.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

To assess the competitive environment within the market including supplier revenue, market share, and company profiles.

Highlights
(1) Global Air Cargo market size, history data 2019-2024, and forecast data 2025 -2030, (US$ million)
(2) Global Air Cargo by company, revenue, market share and industry ranking 2019-2024, (US$ million)
(3) China Air Cargo by company, revenue, market share and industry ranking 2019-2024, (US$ million)
(4) Global Air Cargo key consuming regions, consumption value and demand structure
(5) Air Cargo industry chains, upstream, midstream and downstream
Market segment by players, this report covers
FedEx Express
UPS Airlines
Emirates
China Cargo Airlines
SF Express
Cathay Pacific Cargo
DHL Aviation
Korean Air Caro
Cargolux
Lufthansa Cargo
Singapore Airlines Cargo
Emirates SkyCargo
Air Freight and Air Mail
Cathay Pacific Group
China Postal Airlines
Volga-Dnepr Airlines

Market segment by Type, covers
Domestic Aviation
International Aviation

Market segment by Application, can be divided into
Medical
Industrial
Electronics & Semiconductors
Food & Beverage
Other

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Air Cargo product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Air Cargo market share and ranking of major manufacturers, revenue, 2019-2024
Chapter 3: China Air Cargo market share and ranking of major manufacturers, revenue, 2019-2024
Chapter 4: Air Cargo industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2019-2030
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2019-2030
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2019-2030
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2019-2030
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions