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The last mile delivery market in North America is forecasted to grow by USD 18.78 billion during 2023-2028, accelerating at a CAGR of 4.93% during the forecast period. The report on the last mile delivery market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing B2C e-commerce industry in the US, premiumization of goods and merchandise delivery, and increased online shopping preference.
The last mile delivery market in North America is segmented as below:
By Product
- B2C
- B2B
By Vehicle Type
- Large OEMs
- Custom vehicle OEMs
This study identifies the strong focus on technological advances as one of the prime reasons driving the last mile delivery market in North America growth during the next few years. Also, strong focus on offering services to specific end-user segments and growing integration of last mile delivery models with courier, express, and parcel companies will lead to sizable demand in the market.
The report on the last mile delivery market in North America covers the following areas:
- Last mile delivery market in North America sizing
- Last mile delivery market in North America forecast
- Last mile delivery market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading last mile delivery market in North America vendors that include ArcBest Corp., Averitt Express Inc., AxleHire, C H Robinson Worldwide Inc., CMA CGM SA Group, CRST The Transportation Solution Inc., DDC Logistics Inc., Deutsche Bahn AG, DSV AS, FarEye Technologies Inc., FedEx Corp., GEODIS, J B Hunt Transport Services Inc., Llama Logisol Pvt. Ltd., Ryder System Inc., SEKO Logistics, SF Express Co. Ltd., Washington Express LLC, Werner Enterprises Inc., XPO Inc., and JungleWorks Inc. Also, the last mile delivery market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the last-mile delivery market in North America: ArcBest Corp., Averitt Express Inc., AxleHire, C H Robinson Worldwide Inc., CMA CGM SA Group, CRST The Transportation Solution Inc., DDC Logistics Inc., Deutsche Bahn AG, DSV AS, FarEye Technologies Inc., FedEx Corp., GEODIS, J B Hunt Transport Services Inc., Llama Logisol Pvt. Ltd., Ryder System Inc., SEKO Logistics, SF Express Co. Ltd., Washington Express LLC, Werner Enterprises Inc., XPO Inc., and JungleWorks Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is a strong focus on technological advances.'
According to the report, one of the major drivers for this market is the growing B2C e-commerce industry in the US.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ArcBest Corp.
- Averitt Express Inc.
- AxleHire
- C H Robinson Worldwide Inc.
- CMA CGM SA Group
- CRST The Transportation Solution Inc.
- DDC Logistics Inc.
- Deutsche Bahn AG
- DSV AS
- FarEye Technologies Inc.
- FedEx Corp.
- GEODIS
- J B Hunt Transport Services Inc.
- Llama Logisol Pvt. Ltd.
- Ryder System Inc.
- SEKO Logistics
- SF Express Co. Ltd.
- Washington Express LLC
- Werner Enterprises Inc.
- XPO Inc.
- JungleWorks Inc.
