Air Cargo Services Market Forecast To Decline
According to air cargo industry analysis, the air cargo services market size is expected to decline at a CAGR of more than 1% during the forecast period.
(EMAILWIRE.COM, February 14, 2019 ) The Business Research Company’s air cargo services global market report covers the year-on-year growth of the global air cargo services market historic and forecast growth. It also includes chapters on the air cargo services market trends, geographical analysis, and competitive landscape.
Order the report at:
https://www.thebusinessresearchcompany.com/report/air-cargo-services-global-market-report
The air cargo services market size is expected to decline by 2022, at a CAGR of more than 1% during the forecast period.
Air Cargo Services Market Trends
The air cargo transportation services market consists of sales of air cargo transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide air transportation of cargo and mail on a contract basis over fixed international routes.
Digitization of systems has gained its popularity in the cargo transportation markets by easing the documentation process and provide integration and transparency. According to The International Air Cargo Association, the Air Waybill (AWB), a 20-step, 21-documents, is converted to an e-AWB to reduce the information re-entry to reduce wastage of time and provide efficiency. The e-AWB desktop tool was introduced to help small and medium air freight forwarders to create, send, and manage e-AWBs easily and efficiently.
The global air cargo services market is primarily restrained by economic slowdown in countries such as Brazil, Spain, Portugal, Ireland, Slovakia, and Russia, and changes in trade agreements between the bordering countries of North America (NAFTA agreement).
Download a sample of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2245&type=smp
The global air cargo services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With increasing competition from new players and other substitute transportation modes such as road cargo transportation and rail cargo transportation, the global air cargo services market is expected to decrease in potential and scope. TBRC’s report also covers the air cargo services drivers and restraints in the market.
The global air cargo services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global air cargo services market report are Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, and DHL Aviation.
About The Business Research Company:
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
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The Business Research Company
Europe: +44 207 1930 708
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Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Order the report at:
https://www.thebusinessresearchcompany.com/report/air-cargo-services-global-market-report
The air cargo services market size is expected to decline by 2022, at a CAGR of more than 1% during the forecast period.
Air Cargo Services Market Trends
The air cargo transportation services market consists of sales of air cargo transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide air transportation of cargo and mail on a contract basis over fixed international routes.
Digitization of systems has gained its popularity in the cargo transportation markets by easing the documentation process and provide integration and transparency. According to The International Air Cargo Association, the Air Waybill (AWB), a 20-step, 21-documents, is converted to an e-AWB to reduce the information re-entry to reduce wastage of time and provide efficiency. The e-AWB desktop tool was introduced to help small and medium air freight forwarders to create, send, and manage e-AWBs easily and efficiently.
The global air cargo services market is primarily restrained by economic slowdown in countries such as Brazil, Spain, Portugal, Ireland, Slovakia, and Russia, and changes in trade agreements between the bordering countries of North America (NAFTA agreement).
Download a sample of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2245&type=smp
The global air cargo services market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With increasing competition from new players and other substitute transportation modes such as road cargo transportation and rail cargo transportation, the global air cargo services market is expected to decrease in potential and scope. TBRC’s report also covers the air cargo services drivers and restraints in the market.
The global air cargo services market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global air cargo services market report are Cathay Pacific Cargo, FedEx, The Emirates Group, United Parcel Service, and DHL Aviation.
About The Business Research Company:
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Contact Information:
The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
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The Business Research Company
Marketing TBRC
Tel: +91 8897263534
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results