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Global Ground and Cargo Handling Services Market Outlook 2018-2023 with Swissport International, Dnata, Menzies Aviation & Worldwide Flight Services (WFS) Dominating

DRUCKEN

DUBLIN, Oct 11, 2018 /PRNewswire/ --

The "Ground and Cargo Handling Services Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The global ground and cargo handling services market is projected to reach revenues of $32 billion by 2023, growing at a CAGR of approximately 6% during 2017-2023.

China is among the fastest growing regions with the rise in outbound air passengers, a strong economy, the opening of new routes, and the growing middle-class population in the global market. The increasing popularity of tourism and leisure activities across countries such as Myanmar, Vietnam, and South Korea will have a positive impact on the development of the ground handling services market over the next few years. The ground and cargo handling services market are driven by the increasing number of air travelers, both domestic and international, as well as air cargo tonnage.

The growing number of air passengers directly drive the demand for effective ground handlers and cargo handlers in the global ground handling services market. The market research report provides in-depth market analysis and segmental analysis of the global ground and cargo handling services market by service type, airplane type, and geography.

The report considers the present scenario of the global ground and cargo handling services market and its market dynamics for the period 2018-2023. It offers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the ground handling services market.

Ground and Cargo Handling Services Market - Dynamics

The increasing investment by the aviation ministries and players for the development and establishment of new airports is augmenting the growth of the global ground handling services market. These new airports are designed to break the idea of airports being seen as just terminals for passengers to arrive and depart. The airports are the base of operations for cargo handlers, baggage handlers, ground services, ramp handling, and other such services. Some of the innovations are in the field of harmonization of communication channel and standards between the airport, airlines, and the ground handlers, baggage screening, sorting, and tracking, and GSE pooling.

The vendors are leveraging technological innovations to improve the passenger experience and upgradations in the airplane and flight systems in the market. Such innovations will boost the growth of the global ground handling services market. The recent revival and boom of the air freight industry will contribute to the growing revenues in the global ground handling services market. The increasing demand for cross-country perishable goods and parcel services will attribute to the growth of the cargo handlers and ramp handlers in the market.

Ground and Cargo Handling Services Market - Segmentation

This market research report includes a detailed segmentation of the market by service type, airplane type, and geography. The airline type segment in the cargo handling services market is classified as passenger airlines, cargo airlines, and chartered airlines. Cargo airlines segment occupied the second largest market share in 2017, growing at a CAGR of around 6% during the forecast period. Cargo handling services in the global market include unloading of cargo, cleaning, fueling, and loading new cargo to ready the airplane for its next flight.

The cargo handling services market by service type is divided into ground handling and cargo handling. Cargo services dominated more than 1/3rd of the market share in 2017, growing at a CAGR of over 5% during the forecast period. The growing demand for delivering perishables and temperature controlled items at a stipulated time is augmenting the growth of this segment in the global market. The cargo services include handling of freight, movement of freight on the apron, handling of mail and documents, trucking services, warehousing on cargo airports, loading and unloading of cargo, road feeding, and GSSA services.

The global ground and cargo handling services market by geography is divided into APAC, Europe, North America, Latin America, and MEA. Europe dominated more than 1/3rd of the total market share in 2017, growing at a CAGR of more than 5% during the forecast period. The availability of various options and several airlines offering varied flight schedules is propelling the growth of this region in the global ground handling services market. The rapid urbanization, improving quality of life, and increasing per capita disposable income are some of the factors attributing to the growth of the APAC region in the global market. China, Japan, South Korea, and India are the largest revenue generators in the APAC market.

The major vendors in the global market are:


  • Swissport International
  • Dnata
  • Menzies Aviation
  • Worldwide Flight Services (WFS)

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.4 Market Segmentation by Service Types
4.4.1 Ground Handling
4.4.2 Cargo Handling
4.5 Market Segmentation by Airline Type
4.5.1 Passenger Airlines
4.5.2 Cargo Airlines
4.5.3 Chartered Airlines
4.6 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation

6 Market at a Glance
7 Introduction
7.1 Overview

8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Booming Air Travel and Freight Industry
8.1.2 Increase in Seat Capacity and Airlines Fleet
8.1.3 Increased Focus Among Airlines to Reduce Turnaround Times
8.1.4 Establishment of New Airports and Stations
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Market Growth Restraints
8.2.1 Financial Stress on Airlines and Volatility in Fuel Prices
8.2.2 Scarcity of Skilled Workforce
8.2.3 Halt of Airport Operations
8.2.4 YOY Impact of Market Growth Restraints
8.2.5 YOY Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Innovations in Ground and Cargo Handling Systems and Equipment
8.3.2 Increasing Amount of Freight in Passenger Airlines
8.3.3 YOY Impact of Market Opportunities & Trends
8.3.4 YOY Impact of Market Opportunities & Trends on Regions

9 Global Ground and Cargo Handling Services Market
9.1 Market Overview
9.2 Market Size & Forecast
9.2.1 Market by Geography 2017-2023 ($ billion)
9.3 Porter's Five Forces Analysis
9.3.1 Bargaining Power of Suppliers
9.3.2 Bargaining Power of Buyers
9.3.3 Threat of New Entrants
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry

10 Service Type
10.1 Market Overview
10.1.1 Ground and Cargo Handling Services Market by Geography

11 Ground Handling
11.1 Market Size and Forecast
11.1.1 Ground Handling Services Market by Geography
11.2 Passenger and Baggage Handling
11.2.1 Market Size and Forecast
11.2.2 Passenger and Baggage Handling Services Market by Geography
11.3 Airplane and Apron Handling
11.3.1 Market Size and Forecast
11.3.2 Airplane and Apron Handling Services Market by Geography

12 Cargo Handling
12.1 Market Size & Forecast
12.1.1 Cargo Handling Services Market by Geography
12.2 Freight Handling
12.2.1 Market Size and Forecast
12.2.2 Freight Handling Services Market by Geography
12.3 Logistics
12.3.1 Market Size and Forecast
12.3.2 Logistics Services Market by Geography

13 Airline Type
13.1 Market Overview
13.2 Passenger Airlines
13.2.1 Market Size & Forecast
13.2.2 Passenger Airline Market by Geography
13.3 Cargo Airlines
13.3.1 Market Size & Forecast
13.3.2 Cargo Airline Market by Geography
13.4 Charter Airlines
13.4.1 Market Size & Forecast
13.4.2 Charter Airline Market by Geography

14 Geography
14.1 Market Overview

15 Europe

16 North America

17 APAC

18 Middle-East Africa

19 Latin America

20 Competitive Landscape

21 Key Company profiles

For more information about this report visit https://www.researchandmarkets.com/research/2k4dqz/global_ground_and?w=5

Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager.

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Cision View original content:http://www.prnewswire.com/news-releases/global-ground-and-cargo-handling-services-market-outlook-2018-2023-with-swissport-international-dnata-menzies-aviation--worldwide-flight-services-wfs-dominating-300729560.html

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