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 Overview:
Maximize Market Research provides a comprehensive description of Last Mile Delivery Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Last Mile Delivery research paper.
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Last Mile Delivery Market Scope:
The report encompasses both qualitative and quantitative assessments of the Last Mile Delivery Market, utilizing segmentation that takes into account economic and non-economic factors. It conducts a comprehensive exploration of the Last Mile Delivery industry from diverse angles, employing Porter's five forces analysis. Furthermore, the report sheds light on the Last Mile Delivery Market by tracing its journey through the value chain. Historical data and forward-looking revenue growth forecasts are presented at the country, regional, and global levels, accompanied by an analysis of market trends within each sub-segment and region.
Within the report's competitive landscape, intricate details about Last Mile Delivery competitors are provided. This includes a company overview, financials, revenue generation, market potential, research and development investments, new market ventures, global presence, production sites and facilities, production capacities, strengths and weaknesses, product launches, product range, application dominance, and more. The assessment of the global and regional Last Mile Delivery Market size was conducted using a bottom-up approach.
Last Mile Delivery Market Key Players:
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
6. Postmates - San Francisco, California, USA
7. DoorDash - San Francisco, California, USA
8. Grubhub - Chicago, Illinois, USA
9. Instacart - San Francisco, California, USA
10. SEKO Logistics - Itasca, Illinois, 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
6. DPD Group - Paris, France
7. PostNord - Solna, Sweden
8. Bring - Oslo, Norway
9. DHL eCommerce - Bonn, Germany
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
6. DotZot - Bangalore, Karnataka
7. Ekart - Bangalore, Karnataka
8. SF Express Co., Ltd. - Shenzhen
9. Alibaba's Cainiao Network - Hangzhou
10. JD Logistics - Beijing
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Last Mile Delivery Market Segmentation:
By Destination
Short Range (< 20 km)
Long Range (> 20 km)
By Service Type
Hardware
Software
Service
By Vehicle Type
Motorcycle
LCV
HCV
Drones
In 2023, motorcycles held a dominant position in the last mile delivery market due to their popularity for urban deliveries, agility, and speed, making them perfect for crowded places despite their small capacity. Larger in size, LCVs balance capacity and maneuverability to serve medium-scale deliveries. HCVs are great at large-scale deliveries because of their large load capacities, but they have trouble maneuvering through confined urban areas. Despite their innovation, drones are still in their infancy because of regulatory obstacles, but they have great potential in isolated or difficult-to-reach places. In densely populated areas, motorcycle adoption is still high, whereas LCVs predominate in medium-scale logistics. In suburban or rural areas, HCVs are frequently used for large-scale deliveries. Although they hold great promise for specialized deliveries, drones need regulatory certainty before they can be widely used in a variety of delivery scenarios.
By Application
E Commerce
Retail and FMCG
Healthcare
Mails and Packages
Others
The Last Mile Delivery Market was dominated by e-commerce, and this trend is anticipated to continue during the projection 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 individuals and corporations also make a substantial contribution to the need for last-mile delivery services.
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Regional Analysis:
Each regional Last Mile Delivery market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Last Mile Delivery market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Last Mile Delivery report.
Key Questions answered in the Last Mile Delivery Market Report are:
- What was the Last Mile Delivery market size in 2024?
- What are the global trends in the Last Mile Delivery Market?
- What are the upcoming industry applications and trends for the Last Mile Delivery Market?
- What are the factors contributing to the final price of Last Mile Delivery ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Last Mile Delivery Market?
- How is the intervention from regulatory authority shaping the Last Mile Delivery Market?
- What growth strategies are the players considering to increase their presence in Last Mile Delivery ?
- Who are the leading players in Last Mile Delivery Market?
- What are the major challenges that the Last Mile Delivery Market could face in the future?
- Which region held the largest Last Mile Delivery market share?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size & Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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