TechNavio today launched its report, Air Freight Market in the US 2012-2016, based on an in-depth analysis focusing exclusively on the US. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”Increase in online purchases offers huge growth potential for the Air Freight market in the US. With busier lifestyles and increasing internet penetration, the Retail sector is undergoing a favorable change. Online retailing offers a variety of benefits to customers, such as an easy and convenient way of choosing products online, placing orders through credit cards, and avoiding tiring visits to stores. The Online Retail sector in the US has become one of the fastest growing retail formats. Further, the Online Retail sector in the US is expected to witness double-digit growth during the period 2012-2016. Encouraged by this trend, retailers are set to target the internet savvy customers and offer products through their direct online sales terminals.”
According to the report, the Air Freight market in the US is largely dependent on macroeconomic factors which influence the movement of goods within a country and internationally. These economic factors include consumer and business sentiments, the level of household income, consumer propensity to spend, the level of consumption expenditure, and the level of manufacturing and wholesaling activities in the US. During prosperity, income tends to rise, increasing consumer propensity to spend. This increases the demand for all types of goods and services, resulting in higher consumption and increased transportation of freight.
Further, the report reveals that one of the main challenges that air freight vendors in the US face is the seasonality of business.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/air-freight-market-us-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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