Global Last Mile Delivery for E-commerce of Bulky Item Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Last Mile Delivery for E-commerce of Bulky Item Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The last mile refers to the last step in the supply chain, when products are transferred from enterprises (usually retail stores, warehouses or distribution centers) to customers' enterprises or homes. Last mile delivery focuses on delivering goods to end users as soon as possible. Consumers are used to buying goods of all sizes on the Internet. Furniture, electrical appliances and other bulky items usually need several people to handle. Many electronic products and household appliances need to be delivered and installed beyond the limit. Therefore, the demand for Last Mile Delivery for E-commerce of Bulky Item service is becoming more and more obvious.

Market Overview:

The latest research study on the global Last Mile Delivery for E-commerce of Bulky Item market finds that the global Last Mile Delivery for E-commerce of Bulky Item market reached a value of USD 17253.7 million in 2022. It’s expected that the market will achieve USD 28296.36 million by 2028, exhibiting a CAGR of 8.59% during the forecast period.

Influence of COVID-19 Outbreak on Last Mile Delivery for E-commerce of Bulky Item Industry Development

The persistent COVID-19 epidemic has irreversibly changed the operation mode of enterprises, especially those that rely on physical distance to provide services. With social distance and limited physical contact becoming new forms, in countries with large population and increasing demand, it is even more necessary to deliver on-demand services without contact.
Because of the great unpredictability of the coming infection wave, people are expected to rely on e-commerce to meet their needs. The government ordered a reduction in travel and major supermarkets and shopping malls were closed. People can't buy products in shops, they can only buy products online. Under the influence of the epidemic, the e-commerce industry has developed rapidly, which has changed people's consumption patterns and consumption concepts. It is more convenient and quick to buy on the Internet, and the rise of sales mode combined with the Internet has increased people's demand for express delivery and parcels.
The change of people's consumption concept and mode and the rapid development of e-commerce will bring new development opportunities to Last Mile Delivery for E-commerce of Bulky Item industry, and will also change the service mode of enterprises.

Last Mile Delivery for E-commerce of Bulky Item Drivers

Traditional store retailers are responding to e-commerce challenges by improving customers' online shopping experience. Consumer electronics, computers, fashion accessories, women's wear, cosmetics and perfume are the products that sell more online. For online shoppers, the most important factors are price, customer service and ease of use. Traditional physical retailers are now focusing on providing their customers with additional online retail platforms to increase their revenue.
With the rapid development of e-commerce industry, many industries have developed the synchronous operation mode of online websites and offline stores. Online sales websites reduce many business components, including employees, procurement costs, telephone calls, data input, and requirements for opening physical stores, thus reducing transaction costs; Business management becomes easier: compared with traditional physical store management, online sales websites are easier to record store inventory, transportation, logs and overall business transactions. Online sales website also provides real-time update function, which can explore all the latest business trends, communicate with customers in time, solve problems and improve customer satisfaction. Many dealers choose to receive goods online, and orders can be tracked and managed online. The convenience of Internet and the development of e-commerce have promoted the demand growth of Last Mile Delivery for E-commerce of Bulky Item industry.
With the development of hardware, software is constantly evolving to better handle the last mile delivery. Intelligent tracking and route optimization solutions can help companies improve the efficiency of delivery. These solutions usually use technologies such as artificial intelligence and machine learning to optimize routes and reduce delays. UAVs may also be particularly useful in rural areas, as the distance between delivery points increases costs. In addition, they are very suitable for transporting high-value goods, such as many medicines. Electric vehicles are another delivery option, especially in densely populated urban areas. Electric vehicles can reduce the expenditure on fuel and maintenance, improve the safety of drivers, and be friendly to the environment. With more and more customers looking for brands to make sustainable choices, electric vehicles may be an attractive choice for companies wishing to invest in the emerging green logistics market. Technology and innovation will provide new development opportunities for Last Mile Delivery for E-commerce of Bulky Item industry.

Region Overview:

From 2023-2028, North America is estimated to witness robust growth prospects.

Company Overview:

JD.com is one of the major players operating in the Last Mile Delivery for E-commerce of Bulky Item market, holding a share of 6.65% in 2021.

XPO Logistics is an American freight transportation company that primarily provides less-than-truckload and truck brokerage services in 18 countries.

JD.com, Inc. is a Chinese e-commerce company headquartered in Beijing. The company was founded by Liu Qiangdong on June 18, 1998, and its retail platform went online in 2004. It started as an online magneto-optical store, but soon diversified, selling electronics, mobile phones, computers, and similar items.

Segmentation Overview:

Among different product types, B2C segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Home Appliances segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Last Mile Delivery for E-commerce of Bulky Item market covered in Chapter 3:

C. H. Robinson
JD.com
SF International
SEKO
J.B. Hunt
Fidelitone Last Mile
NAL Group
Werner Global Logistics
United Parcel Service
FedEx
DEPPON LOGISTICS
XPO
Yamato Group
Ryder

In Chapter 4 and Chapter 14.2, on the basis of types, the Last Mile Delivery for E-commerce of Bulky Item market from 2018 to 2029 is primarily split into:

Small-Scale Enterprises
Medium-Scale Enterprises
Large-Scale Enterprises

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Last Mile Delivery for E-commerce of Bulky Item market from 2018 to 2029 covers:

Manufacturing
Banking and Financial Services
Transportation
Healthcare
Media and Entertainment
IT and Telecommunication
Other Industries

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)