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 is a Business Consultancy Firm that has published a detailed analysis of the Last Mile Delivery Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Last Mile Delivery market, with forecasts outspreading to the year 2030.
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Last Mile Delivery Market Scope and Methodology:
The Last Mile Delivery market research offers in-depth details on important factors, such as those anticipated to fuel the industry's expansion and impending challenges. Stakeholders will have a solid understanding of the industry's competitive landscape, the products pushed by well-known brands, and the investment potential in the Last Mile Delivery market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation's purview includes a thorough analysis of the competition for the Last Mile Delivery Market.
Many additional requirements, each with a detailed reason, are included in the study. In order to build the Last Mile Delivery Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.
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Last Mile Delivery Market Regional Insights:
The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Last Mile Delivery market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Last Mile Delivery market.
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
The Last Mile Delivery Market in 2023 was dominated by motorcycles because they are popular for deliveries in cities, offer speed and agility, and are ideal for congested areas but have limited capacity. Larger LCVs cater to medium-scale deliveries by balancing capacity and manoeuvrability, while HCVs, with their expansive load capabilities, excel in bulk deliveries but struggle to navigate tight urban spaces. Even though drones are innovative, they are still in their infancy due to regulatory barriers, but they show promise in remote or inaccessible areas. Motorcycle adoption is still high in dense urban areas, while LCVs dominate medium-scale logistics.
By Application
E Commerce
Retail and FMCG
Healthcare
Mails and Packages
Others
Healthcare, with its need for accurate, timely deliveries of medical supplies and prescriptions, is emerging as a significant segment; mails and packages, spanning across businesses and individuals, also contribute significantly to last-mile delivery demands; last-mile delivery demands are driven by a variety of unique delivery needs, including specialty items, electronics, and specific service-based requirements; and e-commerce, which led the last-mile delivery market and is expected to continue to do so for the foreseeable future.
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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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Key questions answered in the Last Mile Delivery Market are:
- What is Last Mile Delivery?
- What was the Last Mile Delivery market size in 2023?
- What is the growth rate of the Last Mile Delivery Market?
- Which are the factors expected to drive the Last Mile Delivery market growth?
- What is the CAGR at which the Last Mile Delivery market will grow during the forecast period?
- What are the different segments of the Last Mile Delivery Market?
- Which is the fastest growing region in the Last Mile Deliverymarket?
- What growth strategies are the players considering to increase their presence in Last Mile Delivery?
- What are the upcoming opportunities and trends for the Last Mile Delivery Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Last Mile Delivery Market?
- Who are the leading companies and what are their portfolios in Last Mile Delivery Market?
- What segments are covered in the Last Mile Delivery Market?
- Who are the key players in the Last Mile Delivery market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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