North America Air Cargo Services Market Outlook (2022-2033)

The North America air cargo services market size is expected to reach US$ 92,268.4 million by 2033 from US$ 51,560.4 million in 2024. The market is estimated to record a CAGR of 6.8% from 2025 to 2033.

Executive Summary and North America Air Cargo Services Market Analysis:

The North America air cargo services market showcases a robust and evolving logistics ecosystem, supported by advanced infrastructure, strategic geographic positioning, and a surge in cross-border e-commerce. Covering the United States, Canada, and Mexico, each country contributes distinct capabilities, collectively enhancing regional connectivity and driving efficiency across global supply chains.

The United States continues to lead the region’s air cargo market, backed by its expansive airport network, innovation in freight technology, and significant investments in automation and sustainability. With major hubs like Memphis, Louisville, and Anchorage, the U.S. supports high-volume express and cargo operations, while initiatives such as electrification of ground operations and adoption of AI-driven logistics platforms are modernizing the air cargo landscape.

Canada’s air cargo services market is benefiting from infrastructure upgrades, trade agreement leverage (like USMCA), and growing demand for temperature-sensitive and time-critical shipments, particularly in healthcare and e-commerce sectors. The government’s investments in airport expansions and cargo handling modernization, combined with strong links to Asia and Europe, position Canada as a key player in transcontinental freight movement.

Mexico is emerging as a dynamic player in the North American air cargo services market, bolstered by manufacturing growth, nearshoring trends, and proximity to the U.S. Logistics clusters in cities like Mexico City, Monterrey, and Guadalajara are becoming increasingly important in supporting air freight volumes. Mexico's improving customs processes and rising private-sector investments in cargo infrastructure are helping to enhance the competitiveness of its air freight sector.

North America Air Cargo Services Market Segmentation Analysis

Key segments that contributed to the derivation of the air cargo services market analysis are type, destination and end user.

• By type, the air cargo services market is bifurcated into regular and express. The regular segment dominated the market in 2024.
• By destination, the market is bifurcated into international and domestic. The international segment held the largest share of the market in 2024.
• By end user, the market is segmented into retail, pharmaceutical/healthcare, food/beverage, consumer electronics, automotive, and others. The pharmaceutical/healthcare segment held the largest share of the market in 2024.

North America Air Cargo Services Market Outlook

The North America air cargo services market is among the most advanced globally, with the United States leading in both cargo volume and technological innovation. The region benefits from a strong logistics infrastructure, increasing e-commerce activity, and continued investments in automation, digitization, and cold chain capabilities across sectors such as healthcare, retail, aerospace, and electronics.

A major factor driving market expansion is the rising demand for fast, reliable, and time-sensitive deliveries, particularly for high-value and perishable goods. Companies across the region are adopting digital freight platforms, AI-powered route optimization, and sustainable aviation technologies to enhance efficiency and reduce carbon emissions. Additionally, government initiatives supporting trade facilitation, airport modernization, and cross-border freight integration—especially under agreements like USMCA—are further strengthening North America's air cargo ecosystem.

North America Air Cargo Services Market Country Insights

Based on country, the North America air cargo services market is witnessing significant contributions from key regional economies, including the United States, Canada, and Mexico. These countries are playing an increasingly pivotal role in shaping the region’s cargo logistics landscape due to their growing e-commerce activity, airport infrastructure upgrades, sustainability initiatives, and enhanced trade agreements.

The United States commands the largest share of the North American air cargo services market, backed by world-class logistics infrastructure, major cargo hubs, and technological innovation. Demand is fueled by time-sensitive shipments in sectors such as pharmaceuticals, electronics, and retail. The U.S. is also leading in the adoption of automation, AI, and electric ground support equipment, with ongoing investments from both the public and private sectors supporting continued modernization.

Canada features a strong trade-oriented air cargo services sector, driven by growing demand for cross-border and transpacific freight. Strategic investments in airport capacity expansion, digital customs clearance, and temperature-controlled supply chains are enhancing Canada’s position as a key logistics corridor for North America. The country’s trade-friendly policies and increasing adoption of smart cargo tracking systems are strengthening operational efficiency.

Mexico is rapidly emerging as a competitive air cargo hub in the region, supported by robust manufacturing activity and growing trade with the U.S. and Latin America. Nearshoring trends, logistics park developments, and modernization of airport cargo terminals are accelerating air freight growth. Additionally, public-private collaboration is fostering advancements in digital logistics platforms and customs efficiency.

The North America air cargo services market is expected to continue evolving rapidly driven by rising consumer expectations, trade growth, and sustainability-focused innovation. These country-level efforts are collectively reinforcing the region’s role as a global air logistics powerhouse.

North America Air Cargo Services Market Company Profiles

ANA Cargo, Cargolux Airlines International S.A., Cathay Pacific Airways Limited, Emirates SkyCargo, Etihad Cargo, FedEx Corp, United Parcel Service Inc, Zela Aviation The Air Charter Company, Lufthansa Group, and Deutsche Post AG are among the key players operating in the market. These players adopt strategies such as expansion, product innovation, and mergers and acquisitions to stay competitive in the market and offer innovative products to their consumers.

North America Air Cargo Services Market Research Methodology:

The following methodology has been followed for the collection and analysis of data presented in this report:

Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations
• Industry trade journals and other relevant publications
• Government documents, statistical databases, and market reports
• News articles, press releases, and webcasts specific to companies operating in the market

Note: All financial data included in the Company Profiles section has been standardized to US$. For companies reporting in other currencies, figures have been converted to US$ using the relevant exchange rates for the corresponding year.

Primary Research

Business Market Insights conducts a significant number of primary interviews each year with industry stakeholders and experts to validate and analyze the data and gain valuable insights. These research interviews are designed to:

• Refine findings from secondary research
• Enhance the expertise and market understanding of the analysis team
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects

Primary research is conducted via email interactions and telephone interviews with industry experts across various markets, categories, segments, and sub-segments in different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

North America Air Cargo Services Key Sources Referred:

• The International Air Transport Association (IATA)
• The International Civil Aviation Organization (ICAO)
• World Bank – Global Trade Indicators
• World Trade Organization (WTO)
• Airports Council International (ACI)
• International Trade Administration (ITA)
• Company website
• Company annual reports
• Company investor presentations