According to the report titled ‘Air Cargo Container Market Size By Aircraft (Passenger, Freighter, Military), By Container Type (Refrigerated, Non-Refrigerated), By Material (Metal, Composite), Civil Aircraft By Deck (Main, Lower [Forward Hold, Aft Hold]), By End-User (New Sales, Maintenance & Repair), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027’, available with Market Study Report, global air cargo container market is projected to grow significantly during 2021-2027.
 

Surging popularity of air cargo transportation, growing global trade, high demand for cargo shipment of perishable items and pharmaceutical products, alongside increase in number of lightweight containers are stimulating the growth of worldwide air cargo container market.
 

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Notably, cargo containers are solid vessels which comprise of storage unit that fits inside an aircraft. The container is made in such a way so that it is compatible with the aircraft equipment and cargo handling systems.
 

Flourishing e-commerce industry leading to high demand for cargo transportation will also act as growth propellant for this business sphere. On the downside, high maintenance costs act as a barrier against the growth of the market.
 

As per aircraft type, freighter segment is expected to witness a growth rate of 3.5% during the forecast timeframe, owing to high demand of cargo shipments for pharmaceutical and perishable items. Besides, the COVID-19 pandemic outbreak has played a major part in revenue generation for the market, owing to requirement for emergency medical supplies throughout the globe.
 

With respect to container type, refrigerated segment of air cargo container industry is likely to generate significant revenues over the analysis period, owing to rising consumption of frozen food, perishable products, and pharmaceutical products.
 

By material gamut, the composites segment is likely to witness a significant growth during 2021-2027, on account of rising popularity and sales of lightweight containers.
 

Speaking of deck type, the lower segment is projected to hold a massive share in the overall market by the year 2027, owing to extensive preference for cargo transportation, and increase in the number of civil aircrafts.
 

Moving on to end user scope, air cargo container industry share from maintenance & repair segment is expected to reach 20% over the study duration. The primary reason behind this contribution is the need of scheduled maintenance for cargo containers in order to avoid premature replacement.
 

Considering the regional terrain, the MEA market is expected to grow at a substantial rate over the forthcoming period.
 

Lastly, companies like Granger Plastics Company, Nordisk Aviation Products AS, Satco Inc., CHEP, VRR Aviation, Unilode Aviation Solutions, ACL Airshop, Jettainer GmbH, Safran Aerosystems, and Envirotainer AB are emerging as strong contenders in the air cargo container marketplace.