Ecommerce is driving growth in the worldwide air cargo industry. And the quantity of ecommerce parcels and packages shipped by air is ready to mushroom much more.
In 2022, one in five parcels shipped by air freight originated as a web-based shopping order, says the International Air Transport Association.
And inside five years, one in three air freight packages will come from ecommerce orders, the association says.
“The 170 billion e-commerce parcel total was 4 times higher than in 2014. By 2027, it is predicted that growth will rise 50% on 2022 levels,” IATA head of ecommerce Andre Majeres recently said on the World Cargo Symposium in Hong Kong and in line with published reports including StatTimes.com. “This implies we’ve got a tsunami of recent parcels to process. When the tsunami goes to hit your operations, are you ready?”
Other key ecommerce parcels metrics include:
- Ecommerce currently represents 20% of total global air cargo. The IATA projects it to rise to 30% by 2027.
- Global carriers shipped over 170 billion parcels in 2022. That figure will increase to 256 billion parcels in five years.
- The worldwide logistics market will reach $2.4 trillion in annual sales by 2032 from $386 billion in 2022.
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