Global Last Mile Delivery Market 2024-2028
The last mile delivery market is forecasted to grow by USD 60.82 bn during 2023-2028, accelerating at a CAGR of 5.12% during the forecast period. The report on the last mile delivery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing global e-commerce industry, premiumization of goods and merchandise delivery, and growing number of warehouses.
Technavio's last mile delivery market is segmented as below:
By Service
By Application
- FMCG
- E-commerce
- Retails
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the strong focus on technological advances as one of the prime reasons driving the last mile delivery market growth during the next few years. Also, strong focus on offering services to specific end-user segments and growing integration of last mile delivery models with courier, express, and parcel companies will lead to sizable demand in the market.
The report on the last mile delivery market covers the following areas:
- Last mile delivery market sizing
- Last mile delivery market forecast
- Last mile delivery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading last mile delivery market vendors that include Accenture Plc, CMA CGM SA Group, Deutsche Bahn AG, Deutsche Post AG, DSV AS, FarEye Technologies Inc., FedEx Corp., FM LOGISTIC CORP, Honeywell International Inc., Infosys Ltd., J B Hunt Transport Services Inc., Kuehne Nagel Management AG, Mara Labs Inc., Nippon Express Holdings Inc., Royal Mail Plc, Schneider Electric SE, SNCF Group, United Parcel Service Inc., Werner Enterprises Inc., and XPO Inc.. Also, the last mile delivery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.