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The Air Cargo market was valued at $130,092.0 Million in 2023, and is projected to reach $219,657.4 Million by 2030 growing at a CAGR of 7.83% from 2024 to 2030. Air Mail segment is expected to be the highest contributor to this market, with $86,956.3 Million in 2023, and is anticipated to reach $144,498.5 Million by 2030, registering a CAGR of 7.58%. Air Freight segment is anticipated to reach $75,158.8 Million by 2030 with the highest CAGR of 8.31%. The air cargo market is driven by several factors, including the rise in e-commerce sales, which has led to an increase in demand for fast and reliable transportation of goods. The Asia-Pacific region is also driving growth, with countries like China and India experiencing rapid economic expansion. Additionally, just-in-time manufacturers require fast and efficient transportation of goods, which has led to an increase in demand for air cargo services. The need for swift transportation of goods, as well as the increasing import and export of goods, are also driving the market forward. The air cargo market also presents several opportunities for growth. The demand for perishable goods, such as pharmaceuticals and food, is on the rise, and air cargo provides a reliable and efficient way to transport these goods. The emergence of new markets, such as Africa and Latin America, also presents opportunities for air cargo companies to expand their operations. Furthermore, the increasing demand for swift and efficient international shipping is driving innovation in the air cargo industry, with companies investing in new technologies and services to meet the needs of their customers. Type Air Mail Air Freight Service Express Regular End-user Retail Pharmaceutical & Healthcare Food & Beverage Consumer Electronics Automotive Other End-users BY REGION North America US Canada Europe Germany U.k. France Italy Spain Rest of Europe Asia China Japan South Korea India Indonesia Rest of Asia Middle East Africa Brazil Saudi Arabia UAE Rest of Middle East Africa