The ground and cargo handling services market is expected to grow at a CAGR of over 5% during the period 2019–2025

New York, March 04, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Ground and Cargo Handling Services Market – Global Outlook and Forecast 2020-2025” – https://www.reportlinker.com/p05587791/?utm_source=GNW[1]
For airliners to provide in-house ground handling services at airports can become a costly affair due to fluctuation in currency values and regulations across geographies. The global air cargo tonnage grew by 25% in 2019 compared to 2010. Also, according to the IATA, the air tonnage is growing at a higher rate and is likely to maintain its growth in the coming years.

The booming e-commerce industry and the increasing number of people ordering merchandise via online platforms from overseas have to strengthen freight services.

As the majority of e-commerce companies are pushing for one or two day guaranteed deliveries, they employ an increasing number of shipment services to meet their promises.

Hence, the growing tonnage of freight through passenger airlines is boding well for the ground and cargo handling services market.Clare: [email protected]: (339)-368-6001Intl: +1 339-368-6001

References

  1. ^ https://www.reportlinker.com/p05587791/?utm_source=GNW (www.globenewswire.com)

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