• Blog
  • x

    We are working from home under lockdown. Our team is continuously tracking the impact of COVID-19 across different industries and we will incorporate those insights in our reports. For any specific query, mail us at [email protected]

    Air Cargo Containers Market Size, Share & Forecast (2019-2024) | Covid-19 Impact Analysis

    Air Cargo Containers Market Size, Share & Forecast (2019-2024) | Covid-19 Impact Analysis

    Air Cargo Containers Market Size, Share & Forecast (2019-2024) | Covid-19 Impact Analysis
    Report code - SRAD129 Published On : Oct,2018 No. of Pages: 290
    Air Cargo Containers Market Size, Share, Trend, Forecast, & Competitive Analysis: 2019 See more...
    Purchase Report
    notch

    Impact of COVID-19 on Air Cargo Containers Market

    Covid-19 has impacted the market dynamics, competition, and global...

    See more...

    Impact of COVID-19 on Air Cargo Containers Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Air Cargo Containers Market Insights

    The global air cargo containers market is expected to grow at a healthy rate over the next five years to reach US$ 341.3 million in 2024. Increasing cargo traffic (freight tonne kilometers) owing to growing e-commerce, pharmaceutical and electronic industries; development of lightweight and more durable containers; and an advancement in the container technology are some of the major drivers of the market. Increasing aircraft deliveries and higher demand for wide-body aircraft further elevate the demand for containers in the aviation industry. 

    Air Cargo Containers Market Forecast

    Wish to Get a Free Sample?Click Here

     

    Air Cargo Containers Market Share Analysis

    Air Cargo Containers Market Share

    Air Cargo Containers Market Share by Container Type

    The market is segmented based on the container type as LD-3, LD-6, LD-11, M-1, and other containers. LD-3 is the most widely preferred container type in both passenger and cargo aircraft. It is expected to remain the largest and fastest-growing container type during the forecast period as well. It is highly compatible with Boeing and Airbus wide-body aircraft, such as B747, B767, B777, B787, DC-10, MD-11, A330, A350XWB, and A380. It can also be interchangeably used by replacing other container types.

    Air Cargo Containers Market Share by Material Type

    Based on the material type, the market is segmented as composite containers, metal containers, and other containers. Metal is expected to remain the largest material type in the market during the forecast period. Easy availability of metal containers, excellent track record, and low cost are some of the major growth drivers of the metal containers.

    Composite containers segment is likely to witness the highest growth during the forecast period. Superior flame retardancy, higher corrosion resistance, and higher strength-to-weight ratio at a relatively low weight in comparison with metal containers are the major growth drivers of these versatile materials. Additionally, composite containers do not damage easily; thus, help ULD management companies and airlines to address the biggest challenge of reducing the container repair cost. Composites containers are about 20% to 40% lighter than that of aluminum containers.

    Air Cargo Containers Market Share by Application Type

    Based on the application type, the market is segmented as passenger aircraft and freighter aircraft. Passenger aircraft is expected to remain the largest and fastest-growing application type in the market during the forecast period. Increasing passenger and cargo traffic, introduction of variants of existing aircraft programs (B737 Max, A320neo, and B777x), market entry of new aircraft programs (C919 and MC-21), and rising aircraft fleet size are driving the production of aircraft; therefore, containers used in it. Passenger aircraft usually use its lower hold for carrying containers from one location to another location.

    Air Cargo Containers Market Share by Aircraft Type

    Based on aircraft type, the market is segmented as the narrow-body aircraft, wide-body aircraft, very large aircraft, and military aircraft. Wide-body aircraft is expected to remain the largest and fastest-growing aircraft type in the market during the forecast period. High number of containers per aircraft, increasing deliveries of wide-body aircraft, and increasing demand for wide-body aircraft by cargo airlines are some of the major growth drivers of the segment.

    Key Players

    The supply chain of this market comprises raw material suppliers, panel manufacturers, container manufacturers, distributors, ULD management companies, and airline companies. The key air cargo container manufacturers are Zodiac AirCargo Equipment, Cargo Composites, Nordisk Aviation, VRR-Aviation, DokaSch GmbH, and Satco Inc. Development of lightweight containers, a partnership with ULD management companies, and regional expansion are the key strategies adopted by the major players to gain a competitive edge in the market.

     

    Research Methodology

    For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

     

    Market Scope & Segmentation

    Research Scope

    Trend & Forecast Period

    2013-2024

    Size in 2024

    US$ 341.3 million

    Regions Covered

    North America, Europe, Asia-Pacific, Rest of the World

    Countries/Subregions Covered

    The USA, Canada, Mexico, Germany, France, the UK, Italy, Russia, China, Japan, India, Latin America, the Middle East and Others

    Figures & Tables

    >150

    Customization

    Up to 10% customization available free of cost

     

    The market is segmented in the following ways:

    Air Cargo Containers Market Size, Share & Forecast by Aircraft Type:

    • LD-3 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • LD-6 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • LD-11 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • M-1 (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Cargo Containers Market Size, Share & Forecast by Deck Type:

    • Lower Deck (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Main Deck (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Cargo Containers Market Size, Share & Forecast by Material Type:

    • Composite Containers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal Containers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Other Containers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Cargo Containers Market Size, Share & Forecast by Application Type:

    • Passenger Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Cargo Containers Market Size, Share & Forecast by Sales Type:

    • Container Manufacturing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Container Repair (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Cargo Containers Market Size, Share & Forecast by Aircraft Type:

    • Narrow-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Wide-Body Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Very Large Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Military Aircraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Air Cargo Containers Market Size, Share & Forecast by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico)
    • Europe (Country Analysis: Germany, France, the UK, Italy, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: The Middle East, Latin America, and Others)

     

    Report Features

    This report, from Stratview Research, studies the global air cargo containers market over the trend period of 2013 to 2018 and the forecast period of 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis.
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
    • Market trend and forecast analysis.
    • Market segment trend and forecast.
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities.
    • Emerging trends.
    • Strategic growth opportunities for the existing and new players.
    • Key success factors.

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the component types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the size of the Air Cargo Containers Market in the foreseeable years?

    Driven by a number of factors like Increasing cargo traffic (freight tonne kilometers) owing to growing e-commerce, the Air Cargo Containers Market is projected to reach an estimated value of US$ 341.3 million in 2024.

    Who are the key players in the Air Cargo Containers Market?

    Zodiac AirCargo Equipment, Cargo Composites, Nordisk Aviation, VRR-Aviation, DokaSch GmbH, and Satco Inc. are among the key players in the Air Cargo Containers Market.

    Which type of aircraft is expected to remain the largest segment?

    Wide-body aircraft is expected to remain the largest and fastest-growing aircraft type in the market during the forecast period of 2019-2024.

    •   

      Why are We Class Apart?

      No One Does Better in Aerospace Market Research Than Us

      Largest Number of Premium Studies in Aerospace Industry

      >60% of the First Buyers Come Back to Us

      >95% Client Satisfaction Ratio, the Industry's Highest

      Clients Across Aerospace Value Chain

      Track the Latest Trends in Aerospace Industry

      Know High Growth Opportunities


       

    FREE SAMPLE