B2B drives market demand, with B2B spending representing 79.3% of total demand in 2023. China Southern Airlines Co Ltd is the largest company in China, generating 11.3% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 30.2% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 0.3% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.9% of turnover in 2023, the third highest regionally. With turnover of USD127 billion, China accounts for 37.7% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Air Transport in China: ISIC 62. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Air Transport in China: ISIC 62 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cargo handling, warehousing and travel agencies, communications, and transport.
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