Air Cargo Market Set for $70B Growth by 2031 Amid Cold Chain Boom

New York, US – August 25, 2025 – The latest Air Cargo Market report released by The Insight Partners, titled “Air Cargo Market Share, Size, Trends, and Forecast by 2031,” underscores a powerful upturn in global air freight. It projects the Air Cargo Market size will rise from USD 141.03 billion in 2024 to USD 210.93 billion by 2031, marking a solid compound annual growth rate of 5.8 percent from 2025 to 2031. This forecast reflects burgeoning demand for temperature-controlled logistics and robust airport expansion in Southeast Asia.

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Cold‑Chain Logistics Fueling Expansion

• A key driver of the Air Cargo Market growth is the escalating demand for temperature-sensitive transport across the healthcare and biotech sectors. Pharmaceuticals, specialty chemicals, and biologics increasingly rely on meticulous temperature control to ensure safety and efficacy. Noteworthy Air Cargo Market insights include:
• About 68 percent of biotech products demand cold chain logistics, highlighting the indispensable role of air freight in maintaining product integrity.
• Innovators such as Marken are optimizing pharmaceutical logistics with offerings like direct-to-patient delivery and on-site biologic sample collection, enhancing both compliance and supply‑chain efficiency.
• The COVID-19 pandemic dramatically underscored the need for dependable cold chain solutions, catalyzing rapid innovation and adoption in temperature-controlled air transport worldwide.
• Airlines are ramping up investment in advanced cold‑chain technologies—including containers with integrated temperature control and systems enabling real-time monitoring—improving visibility and reducing spoilage risk.
• These advancements are expanding the Air Cargo Market size by boosting reliability, speed, and safe handling of sensitive consignments.

Major Moves Shaping Air Cargo Market Share

Industry leaders are enhancing scale, innovating, and reshaping the competitive landscape:

• ANA Cargo strengthened Japan’s freight network by acquiring Nippon Cargo Airlines, becoming the largest passenger‑cargo carrier in the country.
• Cargolux broadened its remit by launching Aquarius Aerial Firefighting, expanding ground handling with Luxcargo Handling, and reinforcing sustainable logistics strategies.
• Cathay Pacific Airways fortified Hong Kong’s cargo leadership by ordering 14 Boeing 777-9s and winning Cargo Operator of the Year, underlining fleet modernization and digital advancement.
• DHL (Deutsche Post DHL Group) enlarged its pharma logistics reach with the acquisition of CRYOPDP and inaugurated a centralized Health Logistics Campus in Europe to bolster biopharma distribution.
• Emirates SkyCargo increased freighter capacity by 15 percent with new Boeing 747 and 777 aircraft; currently operating 16 freighters with expansion plans to 29, enabling stronger e-commerce and healthcare logistics service.
• Etihad Cargo improved shipment transparency through SmartTrack and added freighter services to China’s Ezhou Huahu Airport to deepen regional ties.
• FedEx realized USD 2.2 billion in savings via its DRIVE program, modernized its fleet, and returned USD 4.3 billion to shareholders—reinforcing its financial and operational robustness.

Key Players Driving the Market

Prominent organizations shaping the sector’s trajectory include: ANA Cargo; Cargolux; Cathay Pacific Airways Limited; DHL International GmbH (Deutsche Post DHL Group); Emirates SkyCargo; Etihad Cargo; FedEx Corporation; United Parcel Service (UPS); Zela Aviation; and Lufthansa Cargo AG.

Forward‑Looking: Trends and Forecast

The Air Cargo Market forecast anticipates ongoing, steady Air Cargo Market growth, with particularly strong contributions from the Asia‑Pacific region. As supply chains grow more sophisticated and customer demands intensify for precision, compliance, and rapid delivery, the importance of cold‑chain-enabled air freight only rises. Key Air Cargo Market trends include:

• A surge in integration of digitization and AI for booking, shipment tracking, and predictive logistics.
• A push toward sustainability, with greener fuels, carbon‑offset programs, and eco-efficient operations.
• A booming e-commerce sector and a move toward just-in-time inventory models, boosting demand for agile air transport.

Investment in infrastructure development, automation technologies, and environmentally friendly logistics is set to accelerate. Companies that are early adopters of these innovations are well-positioned to capture the growing Air Cargo Market share through 2031.

Deep Dive: Market Analysis

In its comprehensive Air Cargo Market analysis, The Insight Partners emphasizes a strategic convergence of digital transformation, stringent compliance, and cold‑chain sophistication as key forces reshaping global logistics. “Air cargo today demands more than speed — it requires precision, compliance, and seamless connectivity,” said Ankit Mathur, Research Head at The Insight Partners. Market players embracing cold‑chain technologies alongside regional network expansion are best poised to grow their Air Cargo Market share significantly in the years ahead.

For further insights, including regional breakdowns and detailed Air Cargo Market trends, readers are encouraged to consult the full Air Cargo Market report at The Insight Partners’ website.

About The Insight Partners

The Insight Partners is a leading market research and advisory firm delivering both syndicated and tailored intelligence across healthcare, technology, and industrial domains. With strategic foresight and actionable insights, the company equips businesses to thrive in the global arena.

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