The freight air transport sector in Italy experienced significant fluctuations in turnover from 2013 through 2023. Following a low point in 2013, the sector showed growth with some oscillations, notably a marked increase in 2020 and a robust rebound in subsequent years. Notably, by 2023, the sector’s turnover reached EUR 674.5 million, marking a 5.52% year-on-year growth from the previous year, contributing to a CAGR of 7.74% over the last five years.
Forecasted data for 2024 and beyond projects continued growth, with a prospective annual turnover increase, culminating in EUR 845.6 million by 2028. This trend suggests stable, albeit moderate, growth with a forecasted 5-year CAGR of 3.57% and an aggregate growth rate of 19.18% over the period.
Future trends to watch for in the freight air transport sector include:
- Advancements in logistics technology and infrastructure improvements.
- Increased e-commerce and global trade driving demand for air freight services.
- Regulatory changes and sustainability initiatives impacting operational activities and costs.
- Market consolidation among service providers affecting competitive dynamics.
