UPS has launched a new cargo route between Paris Charles de Gaulle (CDG) and Hong Kong International Airport (HKG) to meet the growing export demand from French businesses.
The newly launched service will run five days a week, enabling the transportation of French wine, food items, and other essential exports to Hong Kong and the broader Asian market. These products make up more than 20% of UPS's business in this region.
Meanwhile, Hong Kong is a major consumer hub for luxury fashion, food and drink, aerospace, pharmaceuticals, and dental outsourcing.
UPS has also noted an increasing need for intricate pharmaceutical solutions, such as personalized dental implants, fillings, and materials, which has contributed to the expansion of the dental market in France.
The French dental market is projected to grow by an expected 6.6% CAGR until 2030.
To quickly meet this demand, French dental companies are increasingly looking overseas for outsourcing markets like Hong Kong, which has well-developed dental laboratories and manufacturing hubs to provide support.
Hong Kong's luxury fashion sector is also projected to expand, with predications indicating that the city will continue to have the highest per capita expenditure on luxury goods until 2028. Hong Kong's luxury fashion market is projected to grow by 4.92% (2025-2029), resulting in a market volume of US$2.92 billion in 2029.
"With this new flight path, we can provide French businesses of all sizes and industries the fast and reliable service they need to grow and stay competitive," said Michiel van Veen, cluster manager, Benelux and France.
"Shipping preferences play an increasing part in a consumer's purchasing decision. Thanks to our investments, we can make logistics a competitive advantage, offering unmatched choice, convenience, and control."
Late last year, worldwide service enhancements were made to over 35 countries across Asia, Africa, and the Middle East, helping cut delivery times in Asia Pacific by up to two business days.
UPS also added over 200 flights from Asia Pacific to Europe and the U.S. to meet the 2024 peak volume demand.
