Global Airport Ground And Cargo Handling Services Market Size and Forecast 2023-2032|Aviapartner Group, Swissport International AG, Worldwide Flight Services, Alvest Group Company, Mallaghan Engineering Limited,

The Airport Ground And Cargo Handling Services Global Market Report 2023 by The Business Research Company, provides airport ground and cargo handling services market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.

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According to The Business Research Company’s Airport Ground And Cargo Handling Services Global Market Report 2023, the market size is expected to grow from $22.25 billion in 2022 to $24.20 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The airport ground and cargo handling services market size is expected to reach $32.50 billion in 2027 at a CAGR of 7.6%.

The increased demand for air freight cargo is expected to propel the growth of the airport ground and cargo handling services market going forward. Air freight cargo is the process of shipment in which goods are transferred via a chartered or scheduled air carrier. The changing consumer preference and growing E-commerce industry have witnessed an increased demand for air freight cargo due to its fast and same-day delivery services. This mode of transportation necessitates a dependable and quick turnaround time handling technique, boosting the demand for airport ground and cargo handling services to reduce halt time resulting in less emission on airports.

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The airport ground and cargo handling services market is segmented:

1) By Airport Type: Domestic, International

2) By Services: Passenger Handling, Baggage handling, Cargo and Mail Handling, Aircraft Handling, Ramp Handling

3) By Infrastructure Type: Greenfield Airport, Brownfield Airport

The adoption of low-emission GSE (Ground support equipment) and green airports are a key trend gaining popularity in the airport ground and cargo handling services market. Major companies operating in the market are developing advanced low-emission ground support equipment and green airport to sustain their position in the market. For instance, in November 2020, CESAB Material Handling, an Italy-based manufacturer of material and ground support equipment, launched Cesab M300V, a diesel and LPG forklift truck line that meets European Stage V emission standards. The Cesab M300V series has capacities ranging from 1.5 to 3.5 tonnes for great power, low fuel consumption, and low maintenance. The collection has been carefully designed to boost corporate efficiencies, productivity, and reliability. Additionally, in June 2022, Farnborough Airport, Europe’s premium air travel connection hub and the home of British aviation, unveiled its Net Zero Roadmap, creating one of the aviation industry’s most ambitious Net Zero targets in the aviation industry. Farnborough Airport will be among the world’s first airports to offer Sustainable Aviation Fuel (SAF), which has the potential to reduce life cycle CO2 emissions by up to 80%.

The airport ground and cargo handling services market report table of contents includes:

1. Executive Summary

2. Airport Ground And Cargo Handling Services Market Characteristics

3. Airport Ground And Cargo Handling Services Market Trends And Strategies

4. Airport Ground And Cargo Handling Services Market – Macro Economic Scenario

5. Airport Ground And Cargo Handling Services Market Size And Growth

26. Africa Airport Ground And Cargo Handling Services Market

27. Airport Ground And Cargo Handling Services Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Airport Ground And Cargo Handling Services Market

29. Airport Ground And Cargo Handling Services Market Future Outlook and Potential Analysis

30. Appendix

Top Major Players: