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Freight Air Transport in Germany - Market Research Report (2014-2029)

David Riemeier David Riemeier Frankfurt, Germany Last Updated: June 2024 WZ H51.21DE

Revenue

€7.3bn

2024

€7.3bn

Past 5-Year Growth

Profit

€XXX.Xm

Employees

7,140

Businesses

73

Wages

€XXX.Xm

Freight Air Transport in Germany industry analysis

Although air freight volumes were lower in 2020 than in 2019, when the economy cooled down, air freight traffic experienced a boom from 2020 onwards. This is due to the coronavirus crisis. Passenger airlines, which normally transport around half of air freight, have significantly reduced their flight connections and frequencies as a result of the pandemic. As a result, transport capacities in the air freight market have shrunk, which in turn has enabled cargo airlines to push through significantly higher freight rates in favour of their profit margins. However, many subcontractors in the industry who work with passenger airlines were also affected by the crisis in 2020. In the current year, turnover is expected to increase by 0.1% to 7.3 billion euros due to the rising volume of global trade. Since 2019, industry turnover has risen by an average of 0.4% per year.In 2020, cargo airlines also benefited from the drastic drop in the global market price for crude oil due to the crisis and therefore also from more favourable paraffin costs. As a late consequence of the Ukraine conflict, the price of crude oil is likely to be significantly higher than in 2019, the year before the crisis. However, sub-sectors such as sea freight are also affected by higher transport costs. Although ocean shipping is still the cheaper and therefore more attractive alternative for customers in the industry, transport by sea takes significantly longer and is often unable to capitalise on the price advantage.Average annual sales growth of 1% is expected over the next five years and industry sales of €7.7 billion in 2029. From 2024, challenges such as stricter emissions regulations are likely to come to the fore again. The number of employees is expected to increase only slightly between 2024 and 2029.

Trends and Insights

  • The volume of freight transported across borders has increased in recent decades. The major advantage of transporting freight by air is the time saved compared to other forms of transport. The air freight industry can benefit from this.
  • Over half of the industry's turnover is generated with standard freight. However, the services in this area are very homogeneous, which is why price competition is correspondingly strong.
  • The largest share of industry players is based in the Süd region. Munich Airport is the fourth-largest cargo airport in Germany and therefore an important point of reference for industry players.
  • The air freight industry is characterised by intense competition with an upward trend. The low degree of differentiation combined with the high number of cargo aircraft available promotes strong competition.

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  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
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Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has grown at a CAGR of 0.4 % over the past five years, to reach an estimated €7.3bn in 2024.

Trends and Insights

The industry proves to be a globalisation winner in the long term

  • The key advantage of air freight is the time it saves. However, transport is significantly more expensive than by ship. Transport by lorry is in between in terms of price, but much closer to sea freight. The same applies to rail freight transport.
  • Additional trends and insights available with purchase
Freight Air Transport in Germany
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

The integrator concept enables considerable time and communication savings

  • Global logistics groups, known as integrators, provide a large proportion of the value-added activities in the freight business themselves, i.e. vertically integrated across the entire transport chain.

Biggest companies in the Freight Air Transport in Germany

Company
Market Share (%)
2024
Revenue (€m)
2024
Lufthansa Cargo AG
3,858.3
European Air Transport Leipzig GmbH
1,585.9
Aerologic GmbH
1,196.6

To view the market share and analysis for all 4 top companies in this industry, view purchase options.

Products & Services Segmentation

Freight Air Transport in Germany
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Standard freight, Special freight and Express freight. Standard freight is the largest segment of the Freight Air Transport in Germany.

Trends and Insights

In standard freight, there is strong price competition with very homogeneous performance

  • As standard freight, goods are usually transported in cartons or on pallets. These goods do not require any special handling and have no time priority.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

The industry transports goods by air on scheduled and non-scheduled flights. This primarily involves the use of aircraft, but also other means of air transport such as helicopters, airships and drones. The hire of aircraft for transporting goods with crew is also part of the industry.

What's included in this industry?

Standard freightSpecial freightExpress freight

Companies

Lufthansa Cargo AGEuropean Air Transport Leipzig GmbHAerologic GmbH

Purchase this report to view all 4 major companies in this industry.

Related Terms

BELLYFRACHTVERTICAL INTEGRATIONAVIONIKCARRIER

Industry Code

WZ 2008

WZ 51.21 - Freight Air Transport in Germany

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

The volume of freight transported across borders has increased in recent decades. The major advantage of transporting freight by air is the time saved compared to other forms...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Over half of the industry's turnover is generated with standard freight. However, the services in this area are very homogeneous, which is why price competition is correspond...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

The largest share of industry players is based in the Süd region. Munich Airport is the fourth-largest cargo airport in Germany and therefore an important point of reference ...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

The air freight industry is characterised by intense competition with an upward trend. The low degree of differentiation combined with the high number of cargo aircraft avail...

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Lufthansa Cargo AG has by far the largest market share in the air freight industry. The company operates a hub in Hyderabad, India, for the transport of medicines from Asia.

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Lufthansa Cargo AG's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of European Air Transport Leipzig GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Aerologic GmbH's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for one additional company

Detailed analysis

  • Description and key data for Lufthansa Cargo AG, and factors influencing its performance in the industry
  • Description and key data for European Air Transport Leipzig GmbH, and factors influencing its performance in the industry
  • Description and key data for Aerologic GmbH, and factors influencing its performance in the industry
  • Description, key data and performance trends for one additional company

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

The Air Traffic Act is the basic law for civil air traffic in Germany and contains provisions on airports, operating licences, aviation safety, noise protection and liability ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

The industry's profit margin has been exceptionally high since the pandemic. The reason for this is the higher demand for the services of industry players, as less freight ha...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Freight Air Transport industry in Germany in 2024?

The market size of the Freight Air Transport industry in Germany is €7.3bn in 2024.

How many businesses are there in the Freight Air Transport in Germany industry in 2024?

There are 73 businesses in the Freight Air Transport industry in Germany, which has declined at a CAGR of 2.1 % between 2019 and 2024.

Has the Freight Air Transport industry in Germany grown or declined over the past 5 years?

The market size of the Freight Air Transport industry in Germany has been growing at a CAGR of 0.4 % between 2019 and 2024.

What is the forecast growth of the Freight Air Transport industry in Germany over the next 5 years?

Over the next five years, the Freight Air Transport industry in Germany is expected to grow.

What are the biggest companies in the Freight Air Transport market in Germany?

The biggest companies operating in the Freight Air Transport market in Germany are Lufthansa Cargo AG, European Air Transport Leipzig GmbH and Aerologic GmbH

What does the Freight Air Transport in Germany include?

Standard freight and Special freight are part of the Freight Air Transport industry.

Which companies have the highest market share in the Freight Air Transport in Germany?

The company holding the most market share in Germany is Lufthansa Cargo AG.

How competitive is the Freight Air Transport industry in Germany?

The level of competition is high and increasing in the Freight Air Transport industry in Germany.

Related Industries

Widen your competitive advantage with related industries

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Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Germany include:

  • German Federal Statistics Office (Destatis)
  • European Statistics Office (Eurostat)
  • United Nations Comtrade

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.