BrandEseence Logo

Last-Mile Delivery Market

Last-Mile Delivery Market Size, Share & Trends Analysis Report

Last-Mile Delivery Market Size, Share & Trends Analysis Report By Service Type (B2B (Business-To-Business), B2C (Business-To-Consumer), C2C (Customer-To-Customer)), By Delivery Time (Regular Delivery, Same-Day Delivery, By End-User (Chemicals Industry, Pharmaceutical & Healthcare Industry, Hi-Tech Product Industry, Food And Beverage Industry, Others) Based On Region, And Segment Forecasts, 2022 - 2028

Published
Report ID : BMRC 395
Number of pages : 300
Published Date : Nov 2022
Category : Technology And Media
Delivery Timeline : 48 hrs

Global last-Mile Delivery Market is valued at USD 47.96 Billion in 2021 and expected to reach USD 104.12 Billion by 2028 with the CAGR of 11.71% over the forecast period.

Last-Mile Delivery Market Scope

The last-Mile Delivery Market report is segmented on the basis of service type, delivery type, end-user, and region & country level. Based upon service type, the last-mile delivery market is classified into B2B (business-to-business), B2C (business-to-consumer), and C2C (customer-to-customer). On the basis of delivery type, the market is classified into regular delivery and same-day delivery. On the basis of end-user, the market is classified into chemicals industry, pharmaceutical & healthcare industry, hi-tech product industry, food and beverage industry, and others. Last-mile delivery is a service that delivers the items to an end-user as fast as possible. It is defined as the movement of items from the transportation hub to the final destination. The rapid growth in the logistics industry coupled with an increase in the demand for the last mile delivery services is driving the growth of the last-mile delivery market.

Moreover, growing expansion in transport facilities by the major companies as well as start-ups companies has boosted the growth of the market. The changing living standards and high penetration growth of smartphones are also contributing to the growth of the market. Additionally, advancement & automation in technology due to rising disposable income and growing capacity are some of the factors propelling the growth of the last mile delivery market. The rise in the online orders has increased the demand for last-mile delivery which has upsurge the growth of many companies in this field. A large number of consumers are ready to pay extra charges for a fast delivery which has led in the increasing demand for the last mile delivery and is projected to increment the growth of the market in the coming years. Advancement in light-duty vehicles such as economic fuel, retail price, and acceleration has helped in increasing the ease in the transportation and operation in carrying end-products to the consumers. Also, road transportation activities are increasing, worldwide which thereby boosting the growth of the market.

The development and introduction of electric vehicles and strict emission standards by OEMs are likely to boost the last mile delivery market growth. However, increasing the unemployment rate because of the introduction of delivery through drones or robots which has replaced the work done by laborers and delivery boys may hinder the growth of the last-mile delivery market in the future.

The regions covered in this last mile delivery market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Last Mile Delivery is subdivided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Last-Mile Delivery Companies

  • The major players operating in the last Mile Delivery Market are
  • United Parcel Service of America
  • FedEx Corporation,
  • USPS (United States Postal Service)
  • XPO Logistics Inc
  • DHL International GmbH
  • Ryder System Inc.
  • MXD Group
  • Schneider National Inc
  • J.B. Hunt Transport Inc.
  • ArcBest Corporation,
  • SEKO Worldwide LLC (SEKO Logistics)
  • Others.

Last-Mile Delivery Segmentation

By Service Type

  • B2B (Business-To-Business)
  • B2C (Business-To-Consumer)
  • C2C (Customer-To-Customer)

By Delivery Time

  • Regular Delivery
  • Same-Day Delivery

By End-User

  • Chemicals Industry
  • Pharmaceutical & Healthcare Industry
  • Hi-tech Product Industry
  • Food and Beverage Industry
  • Others

Increasing Adoption of E-Commerce Platform and Addition of Novel Technologies are the Major Factors Driving Factors for the Growth of This Market

The committed e-commerce distribution contracts and expansion of warehousing due to the increasing adoption of e-commerce for ordering are boosting the market growth upward and are hugely benefiting logistics providers. Moreover, increasing value-added services is considered to be the key trend in boosting the logistics industry and propelling the market growth. Growing focus on sectors like automotive, pharmaceuticals, and high-technology by the logistics providers enhancing market growth.

Likewise, offering value-added additional services which are drawing consumer attention are boosting the demand for the last-mile delivery market. Novel technologies such as self-driving vehicles, vehicle management software, augmented reality, robotics, and internet of things applications, are discovering multiple ways into logistics services to enhance service and improve productivity. The major logistics providers are categorized based on asset ownership models, differing service lines, types of customers they serve and geographical scope.

Asia-Pacific is expected to be the Most Prominent Market for the Last Mile Delivery

Geographically, Last Mile Delivery Market report is segmented into North America, Europe, Asia-Pacific and Rest of the World. The Asia Pacific is expected to be a key market for last-mile delivery due to the presence of major automobile industries and manufacturers. The emerging countries such as China and India have high export and import of goods and is expected to contribute to the increasing demand for last-mile delivery in the APAC region. Moreover, the rise of e-commerce buyers has increased the inbound & outbound of couriers and parcel which has increased the demand for the last-mile delivery in this field.

On Special Requirement last-mile delivery market Report is also available for the below Regions and Country:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Sweden
  • Netherland
  • Turkey
  • Switzerland
  • Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
  • Japan
  • China
  • India
  • Australia
  • Philippines
  • Singapore
  • Malaysia
  • Thailand
  • Indonesia
  • Rest Of APAC

Latin America

  • Mexico
  • Colombia
  • Brazil
  • Argentina
  • Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest Of MEA
Report Analysis Details
Historical data 2018 - 2021
Forecast Period 2022 - 2028
Market Size in 2021: USD 47.96 Billion
Base year considered 2021
Forecast Period CAGR %: 11.71%
Market Size Expected in 2028: USD 104.12 Billion 
Tables, Charts & Figures: 175
Pages 300
Key Players/Companies United Parcel Service of America, Inc., FedEx Corporation, USPS (United States Postal Service), XPO Logistics Inc., DHL International GmbH, Ryder System Inc. / MXD Group, Schneider National Inc., J.B. Hunt Transport Inc., ArcBest Corporation, SEKO Worldwide LLC (SEKO Logistics), and Others
Segments Covered By Service Type, By Delivery Time, By End-User
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa
SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Service Type:

  • B2B (Business-To-Business)
  • B2C (Business-To-Consumer)
  • C2C (Customer-To-Customer)

By Delivery Time:

  • Regular Delivery
  • Same-Day Delivery

By End-User:

  • Chemicals Industry
  • Pharmaceutical & Healthcare Industry
  • Hi-tech Product Industry
  • Food and Beverage Industry
  • Others
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • United Parcel Service of America, Inc.
  • FedEx Corporation
  • USPS (United States Postal Service)
  • XPO Logistics Inc.
  • DHL International GmbH
  • Ryder System Inc. / MXD Group
  • Schneider National Inc.
  • J.B. Hunt Transport Inc.
  • ArcBest Corporation
  • SEKO Worldwide LLC (SEKO Logistics)
  • Others

+44-1173181773

sales@brandessenceresearch.com

We are always looking to hire talented individuals with equal and extraordinary proportions of industry expertise, problem solving ability and inclination interested? please email us hr@brandessenceresearch.com

JOIN US

LONDON OFFICE

BrandEssence® Market Research and Consulting Pvt ltd.

124, City Road, London EC1V 2NX

FOLLOW US

Twitter
Facebook
LinkedIn
Skype
YouTube

CONTACT US

1-888-853-7040 - U.S. (TOLL FREE)
+44-1173181773 - U.K. OFFICE
+91-7447409162 - INDIA OFFICE

© Copyright 2023-24 BrandEssence® Market Research and Consulting Pvt ltd. All Rights Reserved | Designed by BrandEssence®

PaymentModes