All about Air Cargo & Its Benefits, Works | and Why Does It Matter?
The services provided by air cargo firms to e-commerce business are data management, real-time tracking, safe transportation, reduced time, and others. There are numerous benefits related to e-commerce and it can get fulfilled if the company deliver to its customer on time. The air cargo plays a key role in the e-commerce ecosystem. With the increasing number of online customers and increasing cross border sales, the demand for air cargo is expected to surge during the forecast period.
In 2018, Asia-Pacific dominated the global air cargo market with more than one-third of the market share surpassing Europe, with China and Japan being the leading countries in this region. This growth in demand for air cargo in this region is attributed to robust economic growth along with growing retail enactment owing to the rising disposable income. Moreover, foreign manufacturers select Asian countries as their production locations due to the availability of cheap labor.
Get Exclusive Sample Report: https://www.theinsightpartners.com/inquiry/TIPTE100001311/
Highlights of the Global Air Cargo Market Report:
· Segmentation details of the market
· Necessary modification of the market dynamics
· Detailed analysis of the parent market
· Estimating role of industrial growth and advancement
· Current, precedent, and future market research in terms of value and volume
Many air cargo carriers are capitalizing on the sturdy growth in Asia Pacific, particularly Southeast Asian countries including Vietnam, Cambodia, and Indonesia. These countries are witnessing high growth due to a considerable relocation of manufacturing from China to these countries. Moreover, governments of economies in the Asia Pacific region are investing in building logistics hub such as KLIA Aeropolis in Malaysia. Further, countries such as Vietnam is a major agro-forestry-fisher exporter.
Emirates SkyCargo, a Dubai based carrier stated that the volume of fruit exports from Vietnam to Dubai has increased significantly during the past few years. With the increasing volume of exports, in 2018 the Emirates SkyCargo signed an MoU with the Investment and Tourism Promotion Centre of Ho Chi Minh City, Vietnam to cooperatively explore opportunities for promoting trade to and from Vietnam.
Fill the Enquiry form for the report: https://www.theinsightpartners.com/inquiry/TIPTE100001311/
The dominant players Air Cargo market are: DHL International, Lufthansa Cargo AG, FedEx, Emirates SkyCargo, Cargolux, Cathay Pacific Airways, United Parcel Service of America, Inc., ANA Cargo, EtihadCargo, Zela Aviation The Air Charter Company
Comments
Post a Comment