The air cargo sector in Canada demonstrated growth from 2013 to 2018, with significant peaks and volatilities. Between 2019 and 2021, it experienced fluctuations due to external factors like economic downturns, showing the lowest performance in 2020. In 2023, it reached 1,490,700 in Trillion Units, with a steady increase projected till 2028. The Compound Annual Growth Rate (CAGR) over five years leading to 2023 was 0.63%, reflecting moderate growth. The forecasted five-year CAGR is expected to be 1.52% till 2028, indicating a stable growth trajectory.

Future Trends to Watch for:

Technological advancements in logistics and supply chain management.
Increasing demand for e-commerce and just-in-time delivery solutions.
Potential regulatory changes impacting carbon emissions and green logistics initiatives.
Geopolitical influences on global trade routes that may affect cargo patterns.