The Last Mile Delivery Market size was valued at USD 31.42 Billion in 2023 and the total Last Mile Delivery revenue is expected to grow at a CAGR of 19.01 % from 2024 to 2030, reaching nearly USD 106.42 Billion by 2030.
Last Mile Delivery Market Report Overview:
This comprehensive Last Mile Delivery Market report provides a deep dive into the current landscape and future projections. It delivers valuable insights and updates on critical sectors within the industry. Furthermore, it conducts an in-depth analysis of the global demand for Last Mile Delivery products and services, covering manufacturing, revenue generation, sales, and overall revenue within the Last Mile Delivery market. Additionally, the report delves into fundamental aspects of the Last Mile Delivery market, exploring the drivers, opportunities, trends, and challenges influencing market dynamics.
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Last Mile Delivery Market Scope and Research Methodology:
Data acquisition for this report involves a meticulous blend of primary and secondary sources. Primary data is collected through interviews with industry experts and stakeholders, while secondary data is sourced from governmental entities, trade associations, and industry-focused publications. Employing a bottom-up approach, the report estimates the size of the Last Mile Delivery market, starting from individual market segments and culminating in a comprehensive assessment. Detailed insights are provided on various aspects including capacity, manufacturing, pricing, costs, revenues, and market statistics, facilitating stakeholders’ understanding of the financial performance of key players in the Last Mile Delivery industry.
Last Mile Delivery Market Regional Insights:
This research presents a detailed analysis of the size and dynamics of the Last Mile Delivery market across different regions, including North America (covering the United States, Canada, and Mexico), Europe (encompassing Germany, France, Spain, Italy, and other European nations), Asia-Pacific (including China, India, Japan, Australia, Korea, ASEAN countries, and other APAC nations), South America (encompassing Brazil, Argentina, and other South American nations), and Middle East and Africa (covering South Africa, Egypt, and other MEA nations).
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Last Mile Delivery Market Segmentation:
The report delineates various market segments within the Last Mile Delivery domain, providing insights into key players operating within each segment.
By Destination
Short Range (< 20 km)
Long Range (> 20 km)
By Service Type
Hardware
Software
Service
By Vehicle Type
Motorcycle
LCV
HCV
Drones
By Application
E Commerce
Retail and FMCG
Healthcare
Mails and Packages
Others
E-commerce led the last-mile delivery market based on application, and this trend is anticipated to continue during the projected period. Its need for dependable, quick deliveries has sparked investments and innovations. Followed closely by the retail and FMCG (fast-moving consumer goods) industries are the demands for the quick and effective supply of daily necessities and perishable commodities. The healthcare industry is growing in importance due to the need for accurate and timely delivery of prescription drugs and medical supplies. Packages and mail from both people and corporations also make a substantial contribution to the need for last-mile delivery services. Other divisions cover a variety of speciality goods, electronics, and certain service-based demands, among other distinct delivery needs.
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Last Mile Delivery Market Key Players:
This section offers insights into the major entities influencing the Last Mile Delivery market landscape.
Major Contributors in the Last Mile Delivery Industry in North America:
1. Amazon Logistics – Seattle, Washington, USA
2. FedEx Corporation – Memphis, Tennessee, USA
3. United Parcel Service (UPS) – Atlanta, Georgia, USA
4. Uber Eats – San Francisco, California, USA
5. USPS (United States Postal Service) – Washington, D.C., USA
Leading players in the Europe Last Mile Delivery Market:
1. DHL Express – Bonn, Germany
2. Hermes Group – Hamburg, Germany
3. Yodel – Hatfield, United Kingdom
4. Hermes UK – Rugby, United Kingdom
5. Just Eat Takeaway – Amsterdam, Netherlands
Key players driving the Asia-Pacific Last Mile Delivery Market:
1. Blue Dart Express – Mumbai, India
2. Zomato – Gurugram, India
3. Swiggy – Bangalore, India
4. Ecom Express – New Delhi, Delhi
5. XpressBees – Pune, Maharashtra
Key Inquiries Addressed in the Market Analysis:
- Identification of Last Mile Delivery market segments
- Projected size of the Last Mile Delivery market by the end of the forecast period
- Expected Compound Annual Growth Rate (CAGR) of the Last Mile Delivery market during the forecast period
- Emerging trends within the Last Mile Delivery market
- Factors influencing the final pricing of Last Mile Delivery
- Principal challenges anticipated in the future of the Last Mile Delivery market
Key Offerings:
- Market Share, Size & Revenue Forecast for 2024–2030
- Analysis of Market Dynamics: Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Segmentation Analysis: Route of Administration, Application, Facility of Use, and Region
- Competitive Landscape: Top Key Vendors and Other Prominent Players
- PESTLE Analysis and Porter’s Five Forces Analysis
- Key Findings
- Analyst Recommendations
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