Global Unit Load Device Market Growth 2024, Forecast To 2033
8 Mar, 2024
The unit load device market has demonstrated strong growth, rising from $2.14 billion in 2023 to $2.28 billion in 2024, with a CAGR of 6.3%. This growth is attributed to air cargo expansion. The market is projected to reach $2.83 billion in 2028, with a CAGR of 5.6%, fueled by lightweight materials and sustainable solutions. Major trends include temperature-sensitive ulds and dynamic management systems.
Global Unit Load Device Market Key Driver
The unit load device (ULD) market is experiencing expansion driven by the increasing number of air travelers globally. As more individuals opt for air travel for business and leisure purposes, there is a consequent rise in luggage and cargo shipments. With projections suggesting a return to pre-COVID-19 traveler numbers by 2024, as reported by the International Air Transport Organization, the demand for ULDs is expected to surge, propelled by the need to cater to the growing volume of air travelers and their accompanying luggage and cargo.
Get A Free Sample Of The Global Unit Load Device Market ReportGlobal Unit Load Device Market Segments
The unit load device market covered in this report is segmented –
1) Product Type:Lower Deck (LD) 3 Containers, Lower Deck (LD) 6 Container, Lower Deck (LD) 11 Container, M 1 Container, Pallets, Other Product Types
2) Container Type:Normal Container, Cold Container, Other Containers
3) Material Type:Composite, Metal, Other Materials
4) Application:Civil Air Transport, Cargo Air Transport, Other Applications
By Geography: The countries covered in the unit load device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the unit load device market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the unit load device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Unit Load Device Industry Players
DSV A/S; Safran S.A.; Zodiac Aerospace; Sonoco Products Company; Brambles Group; TransDigm Group Incorporated;Röhlig Logistics; Teijin Aramid B.V; Bastian Solutions; The Descartes Systems Group Inc.; AirBridge Cargo; ANA Cargo; Unilode Aviation Solutions; Unilode Aviation Solutions; Envirotainer AB; SAE International; CSafe Global; Satco Inc.; ACL Airshop; Nordisk Aviation Products AS; Nippon Cargo Airlines; Cargo Composites; VRR Aviation; Palnet GmbH Air Cargo Products;DoKaSch GmbH; Aerotranscargo; AEROTUF; Qantas Freight; Astracon LLC; WTC Logistics.
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Unit Load Device Market Overview
Unit load devices (ULDs) are containers used to convey luggage and cargo in the holds of appropriately sized and equipped aircraft. They are used for safely loading and unloading cargo from the aircraft.