Global Last Mile Delivery Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Last Mile Delivery Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Service Type (B2C, B2B, and C2C), Technology (Autonomous, and Non-Autonomous), Application (Food & Beverages, Retail & E-commerce, Healthcare, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Last Mile Delivery Market was valued at USD 145,606.3 million in 2023 and is expected to reach USD 285,898.1 million by 2031 while growing at a CAGR of 8.8% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global last mile delivery market growth. Last mile delivery, the concluding phase of the supply chain, involves transporting goods from a distribution hub or fulfillment center to their final destination, usually a customer's residence or a retail store. It signifies the ultimate step in the delivery process, concluding the product's journey from its point of origin to the end-user.
Rapid growth in e-commerce and the integration of emerging technologies, including route optimization algorithms, GPS tracking, and real-time analytics, drive the growth of the last mile delivery market. Despite this, obstacles such as high operational costs and traffic congestion may hinder its further expansion.
Furthermore, the global last mile delivery industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Service Type Analysis
The Global Last Mile Delivery Market is segmented among B2C, B2B, and C2C, based on Service Type. In 2023, B2C accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Technology Analysis
The Global Last Mile Delivery Market is segmented among Autonomous, and Non-Autonomous, based on Technology. In 2023, Non-Autonomous accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Last Mile Delivery Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are A1 Express Services Inc., Deutsche Post AG (DHL GROUP), Power Link Expedite, United Parcel Service, Inc. (UPS), FedEx, XPO Logistics, Inc., Amazon, Kerry Logistics Network Limited, Drone Delivery Canada Corp., and A2Z Drone Delivery, LLC
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Last Mile Delivery Market Dynamics
Drivers
Restraints
Opportunity
4. Global Last Mile Delivery Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Last Mile Delivery Market Segmentation, By Service Type
Global Last Mile Delivery Market Share Analysis, By Service Type
Global Last Mile Delivery Market Growth Analysis, By Service Type
Global Last Mile Delivery Market Trends, By Service Type
o B2C
o B2B
o C2C
6. Global Last Mile Delivery Market Segmentation, By Technology
Global Last Mile Delivery Market Share Analysis, By Technology
Global Last Mile Delivery Market Growth Analysis, By Technology
Global Last Mile Delivery Market Trends, By Technology
o Autonomous
o Non-Autonomous
7. Global Last Mile Delivery Market Segmentation, By Application
Global Last Mile Delivery Market Share Analysis, By Application
Global Last Mile Delivery Market Growth Analysis, By Application
Global Last Mile Delivery Market Trends, By Application
o Food & Beverages
o Retail & E-commerce
o Healthcare
o Others
8. Global Last Mile Delivery Market Segmentation, By Region
Global Last Mile Delivery Market Share Analysis, By Region
Global Last Mile Delivery Market Growth Analysis, By Region
Global Last Mile Delivery Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
A1 Express Services Inc*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Deutsche Post AG (DHL GROUP)
Power Link Expedite
United Parcel Service, Inc. (UPS)
FedEx
XPO Logistics, Inc.
Amazon
Kerry Logistics Network Limited
Drone Delivery Canada Corp.
A2Z Drone Delivery, LLC.
*Similar analysis will be provided for each company listed above.