Burlingame, CA, Sept. 04, 2025 (GLOBE NEWSWIRE) — Air Freight Services Market to Surpass USD 160 Billion in 2025, Driven by Expanding International Trade
The global air freight services market is estimated to be valued at US$ 160.10 Bn in 2025 and is expected to reach US$ 240.88 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.0% from 2025 to 2032. The air freight market is expected to grow positively in the coming years. This is due to rising overseas manufacturing and international trade, which boosts the demand for air freight services. Companies are increasingly using air freight for time-sensitive cargo, like perishables and high-value goods. The adoption of digital technologies by major players is improving supply chain efficiency and attracting more customers.
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Global Air Freight Services Market Key Takeaways
According to Coherent Market Insights (CMI), the global air freight services market size is expected to grow at a CAGR of 6.0% during the forecast period, reaching USD 240.88 Bn by 2032, up from USD 160.1 Bn in 2025.
Freight services segment is slated to dominate the global market, capturing a 37.6% share in 2025.
Based on destination, domestic segment is projected to account for 54.7% of the global air freight services market share by 2025.
Commercial segment is anticipated to remain the leading end user of air freight services, accounting for 64.3% of the global market revenue in 2025.
North America, with an estimated share of 36.9% in 2025, is forecast to maintain its market dominance during the assessment period.
Asia Pacific is poised to emerge as the most lucrative market for air freight service companies over the forecast period.
Increasing International Trade Spurring Market Growth
Coherent Market Insights’ new air freight services market analysis offers insights into key factors spurring industry growth. Rising international trade is one such prominent growth factor.
International trade is witnessing substantial growth, especially in emerging economies like China and India. For example, UNCTAD reports that India’s services exports rose by 11.4% in 2023, reaching $345 billion, despite prevailing economic uncertainties. This rise in trade is expected to fuel demand for freight services, particularly air freight, during the forecast period.
Air freight services are suited for time-sensitive, high-value, or perishable items like pharmaceuticals, electronics, and fresh produce. Air forwarders manage the transportation of these goods by air. They ensure that items are moved quickly, efficiently, and compliantly.
High Costs and Geopolitical Tensions Hampering Market Growth
The prospective air freight services market outlook looks positive, owing to …