Air Freight in India
SummaryAir Freight in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The air freight sector is defined as consisting of revenues generated from freight transportation by air.
- The Indian air freight sector had total revenues of $548.1 million in 2022, representing a negative compound annual growth rate (CAGR) of 13.9% between 2017 and 2022.
- Sector consumption volumes declined with a negative CAGR of 16.8% between 2017 and 2022, reaching a total of 1 billion FTK in 2022.
- The Indian air freight sector has declined recently owing to several factors such as increasing interest rates and rising inflation. High-interest rates reduce access to credit for the companies involved, thereby reducing the volume of investment which negatively impacts air freight. For instance, according to the OECD, the long-term interest rates grew from 5.9% in December 2020 to 7.4% in December 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air freight market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air freight market in India
- Leading company profiles reveal details of key air freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India air freight market with five year forecasts
Reasons To Buy
- What was the size of the India air freight market by value in 2022?
- What will be the size of the India air freight market in 2027?
- What factors are affecting the strength of competition in the India air freight market?
- How has the market performed over the last five years?
- What are the main segments that make up India's air freight market?
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