Industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
- The air freight sector is defined as consisting of revenues generated from freight transportation by air.
- The Italian air freight sector had total revenues of $1,193.4m in 2018, representing a compound annual growth rate (CAGR) of 9.8% between 2014 and 2018.
- Sector consumption volume increased with a CAGR of 9.8% between 2014 and 2018, to reach a total of 1,439.8 million FTK in 2018.
- Italy continues to suffer from political instability and wider macroeconomic issues. The country has had five prime ministers since 2011 and has experienced a triple-dip recession.