This support has helped airport ground handling service providers to remain in business and continue to provide services to their customers. Moreover, governments in some regions have provided support to the aviation industry to help it recover from the impacts of the pandemic. This has resulted in more flights and passengers served by airports, leading to an increase in the demand for airport ground handling service. However, post-pandemic, as travel restrictions have eased in some regions, the demand for air travel has started to increase. The outbreak of COVID-19 led to the disruption of the entire global automotive supply chain, impacting airport ground handling sales. For instance, in March 2022, Air Canada announced the completion of Air Canada Cargo's new cold chain handling facility at the Cargo Facility at Toronto Pearson International Airport. Moreover, there is a rise in demand for ground handling facilities to provide cargo handling services to airports in Canada. The market for airport ground handling in Canada has grown steadily owing to factors such as increased air traffic, a rise in demand for freight transportation, and the need for efficient and cost-effective ground handling services. Such developments lead to increased demand for more advanced and efficient ground-handling services which further drive the growth of the market.
awarded $1 billion in federal funds for various upgrades to infrastructure including terminals, security screening and baggage systems, access roads, and air traffic control towers.
invests in upgrading its airports and modernizing the infrastructure of airports. The rise in demand for air travel, the expansion of airline fleets, and the surge in demand for air cargo services are expected to drive the growth of the market. Moreover, an increase in demand for air cargo services owing to the rise in e-commerce and international trade activities contributes to the growth of air traffic.
Therefore, the surge in air traffic drives the demand for airport ground handling services. As more people travel by air, the demand for efficient and reliable ground-handling services increases. According to International Air Transport Association (IATA), North American airlines reported a 130.2% annual traffic rise in 2022 compared to 2021.
The expansion of the airline industry, and the rise in air traffic is expected to drive the growth of the market in the region. North America includes the U.S., Canada, and Mexico. OREGAON, PORTLAND, UNITED STATES, / / - According to a new report published by Allied Market Research, titled, “ Airport Ground Handling Market," The airport ground handling market was valued at $31.8 billion in 2022, and is estimated to reach $76.1 billion by 2032, growing at a CAGR of 9.2% from 2023 to 2032.
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