Please Wait.....
Report
Latin America Air Freight Industry - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 150 Pages I Mordor Intelligence
The Latin America Air Freight Industry is expected to grow from USD 1.08 billion in 2025 to USD 1.33 billion by 2030, at a CAGR of 4.22% during the forecast period (2025-2030).
The air trade in Latin America is growing with increased capacity addition and demand for fresh Latin American perishable goods across the globe. However, the archaic regulations and slow growth in infrastructure are hindering the continent from realizing its full potential.
As per the industry experts, in August 2022, the region had a 9.0% increase in freight volumes for airlines compared to August 2021. Among other areas, Latin America witnessed a significant growth rate. The growth is mainly attributed to the offering of new routes and capacity. The region is also expected to invest more in aircraft for air cargo in the upcoming months. The capacity increased by 24.3%.
The most robust year-on-year performance was achieved by Latin American carriers, with a 2.0% increase in demand for international operations between 2022 and 2023 compared to +1.9%. Capacity also significantly increased by 13.2% (+16.9% for international operations).
The air freight sector is experiencing several difficulties, including planes being grounded, routes being cut, and a drop in demand. Certain global air freight corporations indicate a slackened demand compared to the pandemic.
In contrast to the booming consumer demand that characterized the preceding two years, the air freight sector is currently facing a decline in customer demand, notwithstanding the time of year. Due to several circumstances, air freight companies anticipate a subdued fourth quarter in 2022. These included the broken supply chain, the protracted war, the slowdown of the world economy, and the possibility of a worldwide recession.
Latin America Air Freight Industry Market Trends
Growth of E-commerce Increases The Transport Service
As per industry experts, cross-border e-commerce is one of the significant opportunities for logistics providers due to the lower density of physical retail space, limited product availability, high penetration of smartphones, and purchase savings throughout the region. The industry continuously innovates to leverage the latest technologies and develop fraud protection solutions and authentication technologies that allow vital players, merchants, and banks to identify online shoppers by leveraging solutions such as biometric data for identity authentication. Several factors are behind this growth, the most important being the large numbers of millennials making purchases and the massive proliferation of smartphones.
In Latin America, social commerce is starting to overtake e-commerce. More than half of the Latin American shoppers polled in Brazil, Colombia, and Mexico engaged in social commerce. Comparing social commerce to traditional e-commerce, such as official corporate websites or marketplace websites like Amazon, Rappi, or MercadoLibre, the latter is gaining ground in Latin America.
More than 40% of customers from Brazil, Colombia, and Mexico cited the increased selection of payment options as a critical advantage of social commerce, as per experts. Nearly one-third of social commerce transactions in Argentina, Colombia, and Mexico involved currency coupons from convenience stores. It demonstrates that, besides relying on bank transfers, cards, and PayPal, even tech-savvy social media users favor cash as their preferred payment option. In 2023, compared to September 2022, the cargo volume increased by 2.3% for South American carriers. Compared to the previous month, this was a significant decrease in performance by 6.2%. In September 2023, capacity increased by 14.4% compared with the corresponding month in 2022.
Brazil Evolving As An Important Market For The Growth In The Air Freight Industry
Brazil's assistance of air cargo through its customs and border regulations ranked 52nd in the E-freight Friendliness Index (EFFI) globally in 2022. The air cargo transportation market has grown considerably in the country due to its various benefits, such as incredible speed and safety in the movement of products inside and outside the country.
The United States is Brazil's second-largest trading partner due to a solid commercial relationship and a commitment to joint prosperity. The complexity of domestic legislation and tax rules frequently makes it difficult for exporters despite the high local demand for U.S. brands and products. To achieve export success in Brazil, it is therefore essential to have an in-depth knowledge of local market trends and regulations. Brazil exported goods worth USD 39,122 million and imported goods worth USD 44,808 million in 2023 from the US.
One of the critical advantages of air freight is its dependability. Even though weather conditions can affect flight schedules, the availability of daily flights makes it simple to board the following trip. Consolidating shipments might be assisted by a knowledgeable air freight forwarding business. Combining airport terminal pickup, customs brokerage, cargo delivery, and affordable air carrier rates can help simplify logistics administration. Vendors can then concentrate more on expedited shipping in this fashion.
Latin America Air Freight Industry Industry Overview
The Latin American air freight industry is moderately fragmented. However, the industry is dominated by major players like FedEx, UPS, Emirates, and many more. The growing demand for air freight transportation services has opened new challenges for air cargo service providers. E-commerce also pushes air cargo toward greater visibility and transparency throughout the supply chain, with Brazil being the most significant market. Companies like Azul focus on expanding their presence in the country via collaborations and partnerships with e-retailers like Amazon.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
2.1 Analysis Method
2.2 Research Phases
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Current Market Scenario
4.2 Market Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 Extension of new air routes and capacity
4.3.1.2 Constant Need to Transport Temperature-Sensitive Products
4.3.2 Restraints
4.3.2.1 Market Uncertainty
4.3.3 Opportunities
4.3.3.1 Implementation of Several Software Solutions
4.4 Value Chain / Supply Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Government Regulations and Initiatives
4.7 Supply Chain/Value Chain Analysis
4.8 Technology Snapshot and Digital Trends
4.9 Spotlight on Key Commodities Transported by Air
4.10 Elaboration on Air Freight Rates
4.11 Insights into Key Ground Handling Equipment in Airports
4.12 Review and Commentary on Standards and Regulations on the Safe Transport of Dangerous Goods
4.13 Brief on Cold Chain Logistics in the Air Cargo Sector
4.14 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Services
5.1.1 Transport
5.1.2 Forwarding
5.1.3 Other Services
5.2 By Destination
5.2.1 Domestic
5.2.2 International
5.3 By Carrier Type
5.3.1 Belly Cargo
5.3.2 Freighter
5.4 By Country
5.4.1 Brazil
5.4.2 Mexico
5.4.3 Argentina
5.4.4 Colombia
5.4.5 Rest of Latin America
6 COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 FedEx (Federal Express)
6.2.2 United Parcel Service
6.2.3 Emirates Skycargo
6.2.4 Aeromexico
6.2.5 Cargolux
6.2.6 LATAM Cargo
6.2.7 Qatar Airways
6.2.8 Azul Cargo Express
6.2.9 Kuehne + Nagel
6.2.10 IAG Cargo
6.2.11 Avianca Cargo
6.2.12 DHL
6.2.13 United Airlines
6.2.14 American Airlines
6.2.15 Delta Airlines
6.2.16 Copa Airlines*
6.3 Other Companies
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 APPENDIX
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security