2021 Air Transport Market Growth Analysis, Size, Share, Trends And Forecast To 2030


Posted October 20, 2021 by ramtbrc

The global air transport market is expected to grow from $571.2 billion in 2020 to $648.7 billion in 2021 at a compound annual growth rate (CAGR) of 13.%.

 
Air Transport Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the air transport industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected air transport market growth numbers 2021-2030.

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https://www.thebusinessresearchcompany.com/report/air-transport-global-market-report-2020-30-covid-19-impact-and-recovery

The Air Transport Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global air transport market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Air Transport Global Market Report 2021 covers air transport market drivers, air transport market trends, air transport market growth rate, air transport market major players, player-adopted strategies in the market, and air transport market size.

The global air transport market is expected to grow from $571.2 billion in 2020 to $648.7 billion in 2021 at a compound annual growth rate (CAGR) of 13%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $832.9 billion in 2025 at a CAGR of 6%.

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The report covers the air transport market segments-
1) By Type: Passenger Air Transport, Chartered Air Transport, Air Cargo Services
2) By Distance: Long-Distance, Short-Distance
Subsegments Covered: Domestic Air Passengers, International Air Passengers, Passenger Chartered Air Transport, Freight Chartered Air Transport, Others - Chartered Air Transportation, Air Mail, Air Freight

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Last Updated October 20, 2021