Industry Statistics and Trends
Freight Air Transport in Europe key trends
Freight air transport maintains its efficiency despite economic challenges.
Companies have stayed resilient in the face of recent trade disruptions and revenue continues to grow.
Innovative technologies give companies a competitive edge.
Embracing innovative technologies has been key to enhancing efficiency, tracking and delivery precision, helping freight air transport providers boost their revenue.
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Freight Air Transport in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Freight Air Transport in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 9.2 % over the past five years, to reach an estimated €10.1bn in 2024.
Trends and Insights
Freight air transport providers embrace digitisation to improve efficiency
- Freight air transport providers are rapidly adopting new technologies to enhance operational efficiency, bringing in things like route optimisation, real-time tracking and data analytics.
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Freight Air Transport in Europe outlook (2024-2029)
Market size is projected to decline over the next five years.
Improving efficiency remains a key strategic focus
- Freight air transport will continue to adopt advanced technologies to enhance operational efficiency. Notably, freight air transport companies are expected to look to artificial intelligence, automation and blockchain technology to improve their operations.
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Revenue
€10.1bn
Employees
21,561
Wages
€X.Xbn
European Leaders & Laggards
* CAGR values are for the years 2019-2024.
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Biggest companies in the Freight Air Transport in Europe
Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Deutsche Lufthansa AG | 34,458.9 | 1,259.5 | 3.7 | |
Lufthansa Cargo AG | 4,861.0 | 1,679.3 | 34.5 | |
Air France-KLM SA | 27,724.7 | 1,406.5 | 5.1 |
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Freight Air Transport in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Freight Air Transport industry in Europe in 2024?
The market size of the Freight Air Transport industry in Europe is €10.1bn in 2024.
How many businesses are there in the Freight Air Transport in Europe industry in 2024?
There are 1,012 businesses in the Freight Air Transport industry in Europe, which has declined at a CAGR of 2.1 % between 2019 and 2024.
Has the Freight Air Transport industry in Europe grown or declined over the past 5 years?
The market size of the Freight Air Transport industry in Europe has been declining at a CAGR of 9.2 % between 2019 and 2024.
What is the forecast growth of the Freight Air Transport industry in Europe over the next 5 years?
Over the next five years, the Freight Air Transport industry in Europe is expected to decline.
What does the Freight Air Transport in Europe include?
Other international scheduled cargo transport and Scheduled EU cargo transport are part of the Freight Air Transport industry.
Which countries have the most businesses in the Freight Air Transport industry in Europe?
The European country with the most businesses in the Freight Air Transport industry is Russia.
How competitive is the Freight Air Transport industry in Europe?
The level of competition is high and increasing in the Freight Air Transport industry in Europe.
Related Industries
This industry is covered in 37 countries
- Freight Air Transport in Greece
- Freight Air Transport in Romania
- Freight Air Transport in Slovakia
- Freight Air Transport in Belgium
- Freight Air Transport in Switzerland
- Freight Air Transport in Finland
- Freight Air Transport in Bulgaria
- Freight Air Transport in Austria
- Freight Air Transport in France
- Freight Air Transport in Norway
- Freight Air Transport in Hungary
- Freight Air Transport in Denmark
- Freight Air Transport in Poland
- Freight Air Transport in Malta
- Freight Air Transport in Croatia
- Freight Air Transport in Luxembourg
- Freight Air Transport in Russia
- Freight Air Transport in Czechia
- Freight Air Transport in Estonia
- Freight Air Transport in Slovenia
- Freight Air Transport in Iceland
- Freight Air Transport in Europe
- Freight Air Transport in Spain
- Freight Air Transport in Portugal
- Freight Air Transport in Lithuania
- Freight Air Transport in the Netherlands
- Freight Air Transport in Italy
- Freight Air Transport in Sweden
- Freight Air Transport in Ireland
- Freight Air Transport in Latvia
Table of Contents
About this industry
Industry definition
This industry includes businesses that transport commercial and private cargo by air, on either scheduled or non-scheduled routes, domestically and internationally. It also includes air transportation that’s part of a national postal system.
Related Terms
FREIGHT TONNE-KILOMETREWET LEASEWhat's included in this industry?
Other international scheduled cargo transport Scheduled EU cargo transport Non-scheduled EU cargo transport Domestic and international post Domestic cargo transportCompanies
Deutsche Lufthansa AGLufthansa Cargo AGAir France-KLM SAIndustry Code
512 - Freight air transport in Europe
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Performance
Key Takeaways
Freight air transport providers embrace digitisation to improve efficiency
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Freight Air Transport in Europe industry (2011 -2029)
- Employees in the Freight Air Transport in Europe industry (2011 -2029)
- Business in the Freight Air Transport in Europe industry (2011 -2029)
- Profit in the Freight Air Transport in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Freight Air Transport in Europe industry?
Outlook
Analysis
What's driving the Freight Air Transport in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Freight Air Transport in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Freight Air Transport in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Global demand drives revenue growth. Segments serving international and EU trade exhibit consistent shares, ensuring stable or growing revenues. Domestic services and specialized logistics cater to specific demands, ensuring industry resilience.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Freight Air Transport in Europe industry's products and services performing?
Analysis
What are innovations in the Freight Air Transport in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Freight Air Transport in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Importer
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The presences of a few major players stabilises the market. A few big-name cargo companies hold reasonably large market shares, but their power over the market limits healthy competition.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 11 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Deutsche Lufthansa AG
- Countries of operation for Lufthansa Cargo AG
- Countries of operation for Air France-KLM SA
- Countries of operation for Air France-KLM Cargo
- Countries of operation for International Consolidated Airlines Group SA
- Countries of operation for DHL Express Germany GmbH
- Countries of operation for Cargolux Airlines International SA
- Countries of operation for Finnair Cargo Oy
- Countries of operation for Turkish Airlines Inc
- Countries of operation for Volga-Dnepr Group
- Countries of operation for Swiss WorldCargo
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Freight air transport providers work hard to meet safety requirements. Balancing safety with innovation is key, with new technologies often helping foster safe and efficient cargo operations while helping companies stay competitive on the global market.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Freight Air Transport in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Profit comes under pressure. Reduced demand, economic uncertainties and operational disruptions have cut into freight air transport providers returns recently, with companies seeking efficiency improvements to protect their profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Freight Air Transport in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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