New York-based business search engine Reportlinker.com said it has released a new market research report focused on the world air cargo and freight logistics market 2013-2023.
According to the report, the market is currently in a state of flux, with shifting results since the 2008 financial crash. Investor confidence has been hit, hard, by a series of forecast upswings which failed to materialise in any sustainable sense.
Rampant fuel price rises remain the single largest factor in the forecast, bringing carrier capacities into sharper focus and asking questions as to the cost-effectiveness of air cargo deliveries.
The global macroeconomic climate is also a major issue, with the ongoing drag of the euro zone a major problem, while the immaturity of the South American market has created problems in the industry.
Volatility is expected to diminish, but remains a factor of concern. Nevertheless, the report assesses that the air cargo and freight logistics market will be worth USD 103.17bn in 2013.
Bright spots remain, with air cargo a fundamental requirement for many industries, and consumer spending still growing in developed and developing markets.
The expansion of regional hubs in the Asia-Pacific are expected to act to provide additional stability to the market and the lack of alternate modes of transport (the APAC region is divided by sea, South America and Africa by mountains and distance) ensure that developing regions will still find air cargo to be a key factor.
Source: www.reportlinker.com.
According to the report, the market is currently in a state of flux, with shifting results since the 2008 financial crash. Investor confidence has been hit, hard, by a series of forecast upswings which failed to materialise in any sustainable sense.
Rampant fuel price rises remain the single largest factor in the forecast, bringing carrier capacities into sharper focus and asking questions as to the cost-effectiveness of air cargo deliveries.
The global macroeconomic climate is also a major issue, with the ongoing drag of the euro zone a major problem, while the immaturity of the South American market has created problems in the industry.
Volatility is expected to diminish, but remains a factor of concern. Nevertheless, the report assesses that the air cargo and freight logistics market will be worth USD 103.17bn in 2013.
Bright spots remain, with air cargo a fundamental requirement for many industries, and consumer spending still growing in developed and developing markets.
The expansion of regional hubs in the Asia-Pacific are expected to act to provide additional stability to the market and the lack of alternate modes of transport (the APAC region is divided by sea, South America and Africa by mountains and distance) ensure that developing regions will still find air cargo to be a key factor.
Source: www.reportlinker.com.
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