<img src="https://ml.globenewswire.com/Resource/Download/908fb457-7f8e-4a08-9081-5565e3dfb3d7?size=2" nborder="0" align="left" hspace="5" vspace="5" title="22157.jpg" alt="Company Logo"/>E-commerce, express parcels and shrinking belly capacity boost demand. Conversions, cleaner aircraft, intra-Asia routes and Middle East hubs offer opportunities, despite fuel and carbon costs.Dublin, Sept. 01, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- The <a href="https://www.researchandmarkets.com/report/freighter-aircraft?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=h3swxj&amp;utm_campaign=2342618+-+Global+Freighter+Aircraft+Market+to+Reach+%2412.11+Billion+by+2031+as+E-Commerce+%26+Fleet+Renewal+Accelerate+Demand+-+The+Boeing+Company%2c+Airbus%2c+Avions+de+Transport+Regional+(ATR)%2c+Textron%2c+and+KF+Aerospace+Lead&amp;utm_exec=jocamsai" rel="nofollow" target="_blank" title="Freighter Aircraft - Market Share Analysis, Industry Trends &amp; Statistics, Growth Forecasts (2026-2031)">"Freighter Aircraft - Market Share Analysis, Industry Trends &amp; Statistics, Growth Forecasts (2026-2031)"</a> has been added to ResearchAndMarkets.com's offering. The global freighter aircraft market is projected to grow from USD 8.92 billion in 2025 to USD 9.40 billion in 2026 before reaching USD 12.11 billion by 2031. The market is forecast to register a compound annual growth rate of 5.20% from 2026 to 2031, supported by expanding e-commerce volumes, growing express parcel networks, environmental regulations and rising demand for dedicated air cargo capacity. E-Commerce Growth Strengthens Demand for Dedicated Freighters Cross-border parcel shipments are forecast to increase by 12% to 15% annually through 2028, encouraging logistics providers and cargo airlines to secure aircraft conversion capacity years in advance. Amazon Air expanded its fleet to 110 aircraft in 2025 and secured 20 additional Boeing 767-300 conversions to support two-day delivery services across secondary U.S. cities. In Asia, Cainiao Logistics ordered 10 converted Boeing 777 freighters in 2024 to manage seasonal shipment surges, including major online retail events that can triple daily cargo volumes. Premium pricing for guaranteed next-day airlift remains 15% to 20% above standard charter rates, supporting continued investment in dedicated freighter aircraft despite tighter leasing conditions. Environmental Regulations Drive Fleet Modernization New emissions and noise requirements are accelerating the retirement of older cargo aircraft. The International Civil Aviation Organization's carbon dioxide design standard is scheduled to apply from 2027, while Chapter 14 noise limits have already restricted older Boeing 747-400 and McDonnell Douglas MD-11 freighters at several European and Japanese airports. FedEx retired its final MD-11 freighter in early 2024 and confirmed 24 Boeing 777F deliveries through 2028. With original equipment manufacturer backlogs extending to approximately 36 months, operators face increasing pressure to finalize fleet renewal decisions before retrofit and production availability becomes more constrained. Fuel and carbon prices remain significant market challenges. Jet fuel averaged between USD 2.50 and USD 3.50 per gallon in 2025, while European Union Emissions Trading System allowances ranged from EUR 60 to EUR 80 per tonne. These costs can place substantial pressure on cargo airline margins, particularly for smaller operators with limited capacity to hedge fuel and carbon exposure. Passenger-to-Freighter Conversions Gain Momentum Passenger-to-freighter conversions are forecast to record a 5.95% CAGR through 2031, outpacing newly manufactured freighters. Factory-built aircraft nevertheless represented 51.25% of the freighter aircraft market in 2025. Conversions offer a compelling cost advantage. A 15-year-old Boeing 767-300ER can be converted for approximately USD 22 million, compared with the USD 220 million list price of a new Boeing 777F. This difference enables operators to add cargo capacity without assuming the financial commitments associated with new aircraft purchases. Israel Aerospace Industries launched its Boeing 777-300ER Special Freighter in 2024 and had secured 23 commitments by mid-2025. ST Engineering's Airbus A321 passenger-to-freighter platform, certified in 2024, provides 28 tonnes of capacity and supports containerized main-deck loading for short-haul express networks. Newly manufactured freighters continue to provide advantages in fuel efficiency, regulatory compliance, airport access and residual value. However, extended production lead times make conversions attractive to operators seeking to respond to cargo demand within 18 to 24 months. Regional Freighter Aircraft Market Outlook North America led the global market with a value of USD 4.4 billion in 2026, representing 46.81% of total revenue. The region benefits from mature express delivery networks and rising e-commerce penetration, which is expected to reach 30% of U.S. retail sales by 2031. Major logistics hubs in Memphis and Louisville process hundreds of thousands of packages per hour during peak periods, sustaining demand for widebody cargo aircraft. The Middle East is forecast to be the fastest-growing region, registering a 6.23% CAGR. Investment by major cargo airlines continues to strengthen Dubai and Doha as connections between Asia and Europe. Regional operators are also expanding specialized capabilities for pharmaceuticals, oversized equipment and other high-value cargo. Asia-Pacific demand is accelerating as supply chains evolve and online retailers expand regional delivery commitments. SF Express planned to grow its fleet to 92 aircraft by the end of 2025 and reserved 15 additional Boeing 737-800 conversion slots for 2026 and 2027. Capacity limitations at major airports, including Hong Kong and Shanghai, are also directing additional cargo frequencies toward secondary hubs. Europe remains a stable freighter aircraft market, supported by established logistics networks and major cargo operations in Frankfurt and Leipzig. Airport slot constraints and noise limits are encouraging airlines to adopt larger, more fuel-efficient aircraft. Latin America and Africa continue to represent smaller shares of global demand, but agricultural exports, mining equipment and high-yield return cargo are creating targeted opportunities for dedicated freighter services. Overall, the freighter aircraft market is positioned for steady expansion as e-commerce growth, constrained passenger belly capacity and evolving international trade routes increase the need for reliable air cargo lift. Fleet replacement requirements and environmental compliance will further support demand for both next-generation factory-built freighters and cost-effective passenger-to-freighter conversions through 2031. Key Topics Covered 1 INTRODUCTION 1.1 Study Assumptions and Market Definition 1.2 Scope of the Study 2 RESEARCH METHODOLOGY 3 EXECUTIVE SUMMARY 4 MARKET LANDSCAPE 4.1 Market Overview 4.2 Market Drivers 4.2.1 E-commerce and express parcel boom 4.2.2 Fleet renewal to meet ICAO CO? /noise rules 4.2.3 Shrinking belly-cargo capacity on passenger fleets 4.2.4 Expanding intra-Asia and Trans-Pacific trade lanes 4.2.5 Special-cargo demand for temp-controlled main-deck space 4.2.6 Opening of polar ETOPS routes post-2027 4.3 Market Restraints 4.3.1 Fuel-price and carbon-price volatility 4.3.2 Tightening environmental compliance costs (EU-ETS, CORSIA) 4.3.3 Passenger-aircraft feed-stock shortage for P2F slots 4.3.4 Slot and runway congestion at cargo mega-hubs 4.4 Value Chain Analysis 4.5 Regulatory and Technological Outlook 4.6 Porter's Five Forces Analysis 4.6.1 Bargaining Power of Suppliers 4.6.2 Bargaining Power of Buyers 4.6.3 Threat of New Entrants 4.6.4 Threat of Substitutes 4.6.5 Intensity of Competitive Rivalry 5 MARKET SIZE AND GROWTH FORECASTS (VALUE) 5.1 By Aircraft Type 5.1.1 OEM Configured 5.1.2 Passenger-to-Freighter Conversion 5.2 By Payload Capacity 5.2.1 Standard-Body (Less than 45 tonnes) 5.2.2 Medium Widebody (40-80 tonnes) 5.2.3 Large Widebody (Greater than 80 tonnes) 5.3 By Engine Type 5.3.1 Turbofan 5.3.2 Turboprop 5.4 Geography 5.4.1 North America 5.4.1.1 United States 5.4.1.2 Canada 5.4.1.3 Mexico 5.4.2 South America 5.4.2.1 Brazil 5.4.2.2 Rest of South America 5.4.3 Europe 5.4.3.1 Germany 5.4.3.2 United Kingdom 5.4.3.3 France 5.4.3.4 Russia 5.4.3.5 Rest of Europe 5.4.4 Asia-Pacific 5.4.4.1 China 5.4.4.2 India 5.4.4.3 Japan 5.4.4.4 Australia 5.4.4.5 Rest of Asia-Pacific 5.4.5 Middle East and Africa 5.4.5.1 Middle East 5.4.5.1.1 Saudi Arabia 5.4.5.1.2 United Arab Emirates 5.4.5.1.3 Rest of Middle East 5.4.5.2 Africa 5.4.5.2.1 South Africa 5.4.5.2.2 Rest of Africa 6 COMPETITIVE LANDSCAPE 6.1 Strategic Moves 6.2 Market Share Analysis 6.3 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials, Strategic Info, Market Rank/Share, Products and Services, Recent Developments) 6.3.1 The Boeing Company 6.3.2 Airbus SE 6.3.3 Avions de Transport Regional (ATR) 6.3.4 Textron Inc. 6.3.5 KF Aerospace 6.3.6 Singapore Technologies Engineering Ltd 6.3.7 Aeronautical Engineers Inc. 6.3.8 Precision Aircraft Solutions 6.3.9 Israel Aerospace Industries Ltd 6.3.10 Embraer S.A. 6.3.11 Silk Way West Airlines 7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK 7.1 White-Space and Unmet-Need Assessment For more information about this report visit <a href="https://www.researchandmarkets.com/report/freighter-aircraft?utm_source=GNE&amp;utm_medium=PressRelease&amp;utm_code=h3swxj&amp;utm_campaign=2342618+-+Global+Freighter+Aircraft+Market+to+Reach+%2412.11+Billion+by+2031+as+E-Commerce+%26+Fleet+Renewal+Accelerate+Demand+-+The+Boeing+Company%2c+Airbus%2c+Avions+de+Transport+Regional+(ATR)%2c+Textron%2c+and+KF+Aerospace+Lead&amp;utm_exec=jocamsai" rel="nofollow" target="_blank" title="">https://www.researchandmarkets.com/r/evhxye</a> About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. 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Global Freighter Aircraft Market to Reach $12.11 Billion by 2031 as E-Commerce & Fleet Renewal Accelerate Demand - The Boeing Company, Airbus, Avions de Transport Regional (ATR), Textron, and KF Aerospace Lead

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