Last Mile Delivery Market By Service Type (Business-To-Business (B2B), Business-To-Consumer (B2C), Customer-To-Customer (C2C)), By Vehicle Type (Motorcycle, LCV, HCV, Drones), By Mode of Operation (Non-Autonomous, Autonomous), By Delivery Mode (Regular Delivery, Same-Day Delivery or Express Delivery), By Application (E Commerce, Retail and FMCG, Healthcare, Mails and Packages, Others), By Destination (Domestic, International): Global Opportunity Analysis and Industry Forecast, 2021-2031
Last mile delivery is the last step of delivering of goods and services, when parcel is moved from transportation hub and en-routed for final destination at retail store or personal residence of customer. The focus of last mile delivery companies is mainly on delivery of good to the end-user as fast as possible. The most efficient and cost-efficient manner of shipping is transportation of goods through rail networks and container ships. However, goods arrive at a high-capacity ports, they must be transported to the last destination. This last phase of supply chain is less efficient and comprises major part of total cost to move goods from transportation hub to destination and this problem is termed as Last Mile Problem. At present, retailers have started the search for alternatives to meet the customers need as traditional methods of delivery are not successful in all the regions. Transportation partners have started looking for delivery alternatives such as local regional carriers, drones, click-to-collect locations, and others, to provide faster last mile delivery. Leading automobile companies are coming up with innovation in the last mile delivery market that are to be commercialized in future. For instance, Vans & Drones and Vans & Robots are projects by Mercedes-Benz in which drones deliver packages to the landing sites or vans roof. This system is developed in partnership with a drone startup company from Silicon Valley, Matternet.
The factors such as development of e-commerce industry, increase in trading activities due to globalization, technological advancements in delivery vehicles, and increase in demand for fast delivery of packages drives the last mile delivery market growth. However, poor infrastructure & higher logistics costs, lack of control of manufacturers and retailers on logistics service, and imprecise postal address system is expected to hamper the growth of the market. Further, the adoption autonomous delivery to reinforce the demand, cost cutting & lead time reduction due to adoption of multi-modal system, and growing e-commerce industry coupled with rise in B2C deliveries is expected to create numerous opportunities for the growth and expansion of the last mile delivery market.
For the purpose of analysis, the global last mile delivery market is segmented on the basis of service, vehicle type, mode of operation, delivery mode, application, and destination. Based on service, the market is categorized into business-to-business (B2B), business-to-consumer (B2C), and customer-to-customer (C2C). Based on the vehicle type, it is fragmented into motorcycle, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and drones. Depending on the mode of operation, it is classified into non-autonomous and autonomous. By delivery mode, it is fragmented into regular delivery and same-day delivery or express delivery. Based on application, the market is further classified into e-commerce, retail and FMCG, healthcare, mails and packages, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The global key players profiled in the last mile delivery market report are A1 Express Services Inc., Amazon.com, Aramex, BEST Inc., DB Schenker, Deutsche Post AG (DHL GROUP), DPD, Drone Delivery Canada, Dropoff, Inc., DSV (DSV PANALPINA), FedEx, Flirtey, Flytrex, Geodis, Jet Delivery, Inc., Kerry Logistics Network Limited, Marble Robot, Matternet, Power Link Expedite, Savioke, SF Express, United Parcel Service, Inc. (UPS), USA Couriers, XPO Logistics, Inc. and YTO Express Group Co. The key innovators operating in the industry includes companies such as Care To Beauty, Desertcart, Fetchr, JAZP and Jeebly LLC.
Key Benefits For Stakeholders
This study presents analytical depiction of the global fourth party logistics market analysis along with current trends and future estimations to depict imminent investment pockets.
The overall fourth party logistics market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global fourth party logistics market with a detailed impact analysis.
The current fourth party logistics market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Key Market Segments
By Delivery Mode
Regular Delivery
Same-Day Delivery or Express Delivery
By Application
E Commerce
Retail and FMCG
Healthcare
Mails and Packages
Others
By Destination
Domestic
International
By Service Type
Business-To-Business (B2B)
Business-To-Consumer (B2C)
Customer-To-Customer (C2C)
By Vehicle Type
Motorcycle
LCV
HCV
Drones
By Mode of Operation
Non-Autonomous
Autonomous
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Russia
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Vietnam
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
A1 Express Services Inc.
Amazon.com
Aramex
BEST Inc
DB Schenker
Deutsche Post AG (DHL GROUP)
DPD
Drone Delivery Canada
Dropoff, Inc.
DSV (DSV PANALPINA)
FedEx
Flirtey
Flytrex
Geodis
Jet Delivery, Inc.
Kerry Logistics Network Limited
Marble Robot
Matternet
Power Link Expedite
Savioke
SF Express
United Parcel Service, Inc. (UPS)
USA Couriers
XPO Logistics, Inc.
YTO Express Group Co.
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