Last Mile Delivery Market, By Service Type (B2C (Business to Consumer) and B2B (Business to Business)), By Delivery Mode (Road, Drone, Bicycle, Walking, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa

Last Mile Delivery Market, By Service Type (B2C (Business to Consumer) and B2B (Business to Business)), By Delivery Mode (Road, Drone, Bicycle, Walking, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

The global last mile delivery market refers to the transportation of goods from distribution centers to the final destination or end consumer. It involves transporting shipments during the last leg of the supply chain, which could range between 1-10 miles. Over the years, last mile delivery has become more complex with the growth of e-commerce as consumers expect faster deliveries, same-day/instant deliveries, and more delivery options. This has compelled logistics companies to adopt innovative delivery models and technologies such as electric vehicles, drones, and IoT devices to efficiently manage the peak volume of packages and meet dynamic customer needs.

Market Dynamics:

The global last mile delivery market is driven by the rapid growth of the e-commerce sector worldwide. The increasing customer demand for quick deliveries, same-day, and instant deliveries have become key factors influencing buyers’ selection of retailers. Moreover, continuous technological advancements in delivery solutions such as autonomous vehicles and drones are creating new opportunities in the market. However, rising traffic congestions, limited delivery slots, and lack of standardization in delivering cross-border shipments are some challenges faced by logistics players. High costs associated with last mile deliveries also act as a restraint. To capitalize on the growth opportunities, companies are focusing on offering value-added services, collaborative delivery models, and establishing strategic partnerships.

Key Features of the Study:

This report provides in-depth analysis of the global last mile delivery market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global last mile delivery market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Amazon Logistics, DHL Supply Chain, FedEx Corporation, UPS (United Parcel Service), XPO Logistics, Schenker AG, DPD Group, JD Logistics, ZTO Express, Yunda Express, Postmates (Uber), Glovo, DoorDash, Lalamove, and Sendy

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global last mile delivery market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global last mile delivery market

Detailed Segmentation-

Service Type Insights (Revenue, US$ Bn, 2019 - 2031)

B2C (Business to Consumer)

B2B (Business to Business)

Delivery Mode Insights (Revenue, US$ Bn, 2019 - 2031)

Road

Drone

Bicycle

Walking

Others

Regional Insights (Revenue, USD Bn, 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Amazon Logistics

DHL Supply Chain

FedEx Corporation

UPS (United Parcel Service)

XPO Logistics

Schenker AG

DPD Group

JD Logistics

ZTO Express

Yunda Express

Postmates (Uber)

Glovo

DoorDash

Lalamove

Sendy