Air Cargo Container Market Forecast to 2027
The North American air cargo container market will record a compensation of more than $ 450 million by 2027, which can be attributed to the high availability of airlines and the demand for next-generation air cargo containers at United States. the United States further completes the expansion of business in the region.
Air freight shipments enjoying increased preference due to speed of delivery, reliable arrival and departure times, high level of security, less damage and reduced warehousing, container demand air freight has increased significantly. In addition, with the increase in the number of civilian aircraft fleets, sales of ULD containers continue to increase. Considering these factors, the new sales segment in the air cargo container market is expected to register substantial gains over the next few years.
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Metal-based air cargo containers are in great demand today. Thanks to the high strength and longer service life of the metallic material. In addition, these containers require less maintenance and limit frequent replacements. Due to the increased adoption of the products, the metal air cargo container segment is expected to experience substantial growth in the coming years.
Regarding the end-user spectrum, the global air cargo container market of the new sales segment will register high revenue in the coming years, owing to the increasing number of civil aircraft, along with the changing preferences. to air freight shipments to ensure prompt delivery. . This factor has also boosted sales of ULD containers around the world.
The proliferation of frozen food and pharmaceutical shipments around the world has increased the adoption of air cargo containers in recent years. Due to the global COVID-19 crisis, demand for vaccines and other necessary drugs has increased dramatically, which in turn has urged the need for faster transportation. Air freight, in this regard, plays a key role. Citing one example, in 2021, SkyCell announced its partnership with Korean Air Cargo. This partnership apparently results from the increased demand for Covid-19 treatments and vaccines this year. With maintaining the cold chain for vaccine transport being a major challenge for the logistics industry, this new partnership should ensure that life-saving medicines reach patients on time.
The major players in the air cargo container market are implementing strategies such as mergers and acquisitions, new product launches and business expansions to gain competitive advantage over their competitors in the global market. As an illustration, in September 2020 Emirates SkyCargo expanded its Cool Chain portfolio with the launch of ‘White Container’, a cost-effective, in-house developed land and air cargo container designed as an ideal mid-temperature control solution. for generic health products. and perishable goods.
Industry players are also making constant efforts to develop new products and expand their production capacities in order to effectively meet the growing demand. For example, in 2021, the famous French container company CMA CGM announced the creation of an air freight division as well as the acquisition of four freighters. These types of initiatives are positively impacting the growth of the freight container market.
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Partial chapter of the table of contents
Chapter 4 Air Cargo Container Market, By Air
4.1 Air Cargo Container Industry by Aircraft Overview
4.2.1 Market estimates and forecasts, 2017-2027
4.2.2 Market estimates and forecasts by region, 2017-2027
4.3.1 Market estimates and forecasts, 2017-2027
4.3.2 Market estimates and forecasts by region, 2017-2027
4.4.1 Market estimates and forecasts, 2017-2027
4.4.2 Market estimates and forecasts by region, 2017-2027
Chapter 5 Air Cargo Container Market, By Container Type
5.1 Air Cargo Container Industry by Container Type
5.2.1 Market estimates and forecasts, 2017-2027
5.2.2 Market estimates and forecasts by region, 2017-2027
5.3 Not refrigerated
5.3.1 Market estimates and forecasts, 2017-2027
5.3.2 Market estimates and forecasts by region, 2017-2027
Chapter 6 Air Cargo Container Market, By Material
6.1 Air Cargo Container Industry in terms of Material Information
6.2.1 Market estimates and forecasts, 2017-2027
6.2.2 Market estimates and forecasts by region, 2017-2027
6.3.1 Market estimates and forecasts, 2017-2027
6.3.2 Market estimates and forecasts by region, 2017-2027
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