GCC cargo market surges to US$24.08 billion (2029)

The air cargo segment stands out, demonstrating remarkable growth potential within the GCC. Valued at US$16.81 billion in 2024, this sector is anticipated to soar to US$24.08 billion by 2029, showcasing a notable CAGR of 7.46%.

These figures underscore the pivotal role of air transportation in facilitating swift and efficient trade links across borders. These insights are drawn from a comprehensive analysis by Mordor Intelligence, a leading market research firm.

As global trade continues to evolve, the GCC region remains a pivotal hub for logistics and transportation, with air cargo and shipping playing integral roles in its economic landscape. With sustained investments and strategic initiatives, these markets are poised for further expansion, cementing the GCC’s position as a linchpin in international commerce.