New report charts massive growth in airfreight for e-commerce
MIAMI, FL - Global e-commerce continues to revolutionize the air cargo industry, and is forecast to increase 19% per year over the next five years, from $1.9 trillion in 2016 to $4.5 trillion in 2021, according to the annual E-Commerce Revolution Report released today by Air Cargo Management Group (ACMG).
The 2017 E-Commerce Revolution Report produced by ACMG, the leading global air cargo and freighter aircraft consultancy, provides an in-depth look at the explosive growth of global e-commerce air logistics.
The report features fresh and insightful analysis of the major marketplaces, sellers, and logistics providers that are fueling this revolution. It is not just the best-known participants, such as Amazon and Alibaba, driving this revolution, but also global express airlines, along with players lesser known outside their home countries, such as JD.com in China and Otto in Germany.
The report tracks the companies using and providing e-commerce air logistics, and offers insights on global trends in the industry.
“E-commerce has disrupted retail and is now revolutionizing logistics,” said Alan Hedge, senior director of Air Cargo Management Group. “This, our second annual report, builds on the strengths of the first and covers new territory by offering descriptions of additional e-commerce companies and additional discussion of fulfillment networks in China, the largest e-commerce market on the planet.”
New for the E-Commerce Revolution Report this year is a web-based companion database tool for exploring relationships between major e-commerce players and logistics providers. The tool allows users to search particular logistics providers and users to isolate logistics transactions worldwide. Additionally, the tool can be used to quantify e-commerce air logistics transactions on a global basis.