Last Mile Delivery Trends and Forecast
The future of the global last mile delivery market looks promising with opportunities in the food & beverage, retail & e-commerce, and healthcare markets. The global last mile delivery market is expected to reach an estimated $183.9 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are increasing consumer expectations for same-day or next-day deliveries, growth of the electronic commerce sector, as well as, rise in trade due to globalization and improvements in delivery vehicles.Last Mile Delivery by Segment
The study includes a forecast for the global last mile delivery by technology, service type, application, and region.Last Mile Delivery Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
- Autonomous
- Non-Autonomous
Last Mile Delivery Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:
- B2C
- B2B
- C2C
Last Mile Delivery Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Food & Beverages
- Retail & E-Commerce
- Healthcare
- Others
Last Mile Delivery Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Last Mile Delivery Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies last mile delivery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the last mile delivery companies profiled in this report include:
- A1 Express Services
- Deutsche Post
- Power Link Expedite
- United Parcel Service
- FedEx
- XPO Logistics
- Amazon.com
- Kerry Logistics Network
- Drone Delivery Canada
- A2Z Drone Delivery
Last Mile Delivery Market Insights
The publisher forecasts that non-autonomous will remain larger segment over the forecast period due to the cost-effectiveness, adaptability, and flexibility of non-autonomous last-mile solutions.Within this market, retail & e-commerce will remain the largest segment due to the timely and effective transfer of commodities from distribution centers or fulfillment centers to the final destination.
North America will remain the largest region over the forecast period due to the increase in e-commerce operations, with an increasing number of consumers preferring online shopping for its convenience and product diversity.
Features of the Global Last Mile Delivery Market
- Market Size Estimates: Last mile delivery market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Last mile delivery market size by technology, service type, application, and region in terms of value ($B).
- Regional Analysis: Last mile delivery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different technology, service type, application, and regions for the last mile delivery market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the last mile delivery market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the last mile delivery market size?Answer: The global last mile delivery market is expected to reach an estimated $183.9 billion by 2030.
Q2. What is the growth forecast for last mile delivery market?
Answer: The global last mile delivery market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the last mile delivery market?
Answer: The major drivers for this market are increasing consumer expectations for same-day or next-day deliveries, growth of the electronic commerce sector, as well as, rise in trade due to globalization and improvements in delivery vehicles.
Q4. What are the major segments for last mile delivery market?
Answer: The future of the global last mile delivery market looks promising with opportunities in the food & beverage, retail & e-commerce, and healthcare markets.
Q5. Who are the key last mile delivery market companies?
Answer: Some of the key last mile delivery companies are as follows:
- A1 Express Services
- Deutsche Post
- Power Link Expedite
- United Parcel Service
- FedEx
- XPO Logistics
- Amazon.com
- Kerry Logistics Network
- Drone Delivery Canada
- A2Z Drone Delivery
Answer: The publisher forecasts that non-autonomous will remain larger segment over the forecast period due to the cost-effectiveness, adaptability, and flexibility of non-autonomous last-mile solutions.
Q7. In last mile delivery market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the increase in e-commerce operations, with an increasing number of consumers preferring online shopping for its convenience and product diversity.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the last mile delivery market by technology (autonomous and non-autonomous), service type (B2C, B2B, and C2C), application (food & beverages, retail & e-commerce, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Last Mile Delivery Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- A1 Express Services
- Deutsche Post
- Power Link Expedite
- United Parcel Service
- FedEx
- XPO Logistics
- Amazon.com
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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