According to Fortune Business Insights, the global freighter aircraft market was valued at USD 4.25 billion in 2024 and is projected to decline slightly to USD 4.16 billion in 2025, before expanding steadily to reach USD 6.18 billion by 2032. This reflects a compound annual growth rate (CAGR) of 5.81% during the forecast period (2025–2032). The market's long-term trajectory is being driven by increasing demand for air cargo transport, especially due to the surge in global e-commerce, rapid delivery expectations, and growing cross-border trade.
In 2024, North America dominated the market with a 39.53% share, thanks to the presence of major cargo operators, advanced infrastructure, and leading aircraft manufacturers.
https://www.fortunebusinessinsights.com/freighter-aircraft-market-108393
E-commerce and Global Trade Fuel Market Growth
The continued rise of e-commerce platforms and just-in-time delivery models has led to increasing demand for freighter aircraft, both new and converted (P2F – passenger to freighter). This is particularly relevant for express logistics providers and international cargo airlines, who require flexible and efficient air freight solutions.