Industry Background:
The term "ground cargo handling services" refers to the care and maintenance of airplanes while they are parked at a terminal. Passenger and Baggage Handling, Cargo and Mail Handling, Aircraft Handling, and Ramp Handling are among the services provided. In the anticipated period, rising air traffic around the world and an increasing number of new airports in developing nations would help to boost the worldwide ground cargo handling industry. During the forecast period, the construction of new airports, expansion of existing airports, and privatization of airports are projected to boost the growth of the airport Ground Cargo Handling Services market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Havaş Ground Handling Co. (Turkey), Swissport International AG. (Switzerland), Fraport AG (Germany), Glamco Aviation (Brunei Darussalam), PrimeFlight Aviation Services (United States), dnata (Arab Emirates), Menzies Aviation (Scotland), Bird Group (India), Çelebi Aviation (Turkey) and Signature Aviation Limited (United Kingdom) |
According to AMA, the market for Ground Cargo Handling Services is expected to register a CAGR of 6.6% during the forecast period to 2030. This growth is primarily driven by Growing Automation in Ground Cargo Handling Service and Well Developed Airport Infrastructure.
Globally, a noticeable market trend is evident Rising Cross Border Logistics in Emerging Countries of Asia Pacific
The Air Freight & Logistics sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Havaş Ground Handling Co. (Turkey), Swissport International AG. (Switzerland), Fraport AG (Germany), Glamco Aviation (Brunei Darussalam), PrimeFlight Aviation Services (United States), dnata (Arab Emirates), Menzies Aviation (Scotland), Bird Group (India), Çelebi Aviation (Turkey) and Signature Aviation Limited (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In July 2021, Swissport is proud to officially announce the launch of its new corporate website. The website features a sleek, appealing design with enhanced service features and easy access to information to help visitors navigate the vast portfolio of aviation ground services offered by Swissport.
In June 2021, dnata, has partnered with Kale Logistics Solutions to develop a next-generation e-commerce platform for the cargo community in the UAE. The partnership will see the two companies take dnata’s existing platform, CALOGI to a new level to provide best-in-class, one-stop services, including appointment and customs service’s management, to customers through advanced digital solutions
Influencing Trend:
Rising Cross Border Logistics in Emerging Countries of Asia Pacific and Technological Advancements
Market Growth Drivers:
Growing Automation in Ground Cargo Handling Service and Well Developed Airport Infrastructure
Challenges:
Security Concern regarding Cargo Handling Services
Restraints:
Overcoming the Challenges of Growing Air Traffic and Reducing Damage during Cargo Handling & Dearth of Warehouse Capacity
Opportunities:
Increasing Adoption of “Buy and Build” Strategies by Market Leaders and Increasing Investments in Airport Modernization
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Ground Cargo Handling Services Market
- Analysis about New Entrants in Ground Cargo Handling Services Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Ground Cargo Handling Services Study Sheds Light on
The Ground Cargo Handling Services Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Ground Cargo Handling Services industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Ground Cargo Handling Services industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.