Practices that previously prohibited growth and are now expected to be abandoned this year include social distancing, remote working and the closure of commercial activities, from grounded airlines to a slowdown in manufacturing around the world.
Air cargo companies are also expected to benefit from the increased use of block chain technology which should improve efficiency, minimise losses and prevent damage to cargo as they can better digitally track their goods.
The positive impact will be perhaps felt most keenly in the Asia Pacific region which has the largest air cargo services market in the world, accounting got 40 per cent of it, followed by North America with 26 per cent.
Nor is the growth expected to tail off any time soon, the report also predicts that the market is expected to be worth $99.67 billion in 2025 with a CAGR of 11 per cent.
