First and Last Mile Delivery Market Size, Share, By Component (Hardware, Software, and Services), Good Type (Dry Goods, Postal, and Liquid Goods), Transaction Mode (Road/Surface Transport, Ocean/Marine Transport, Aerial Transport, and Rail Transport), Mode of Operation (Business-to-Business (B2B), and Business-to-Consumer (B2C)), End-Use Industry (Pharmaceutical & Healthcare, Food & Beverage, Logistic & Transportation, E-commerce, Automotive, Manufacturing, and Others), and Region - Trends, Analysis and Forecast till 2035
The "First Mile" refers to the beginning of the delivery journey, where goods are collected from producers or manufacturers. It encompasses the initial stage of the logistics chain, including the collection, packaging, and initial transportation of goods. The "Last Mile" signifies the journey's final stretch. This is where goods are transported from the local distribution center to the end consumer. It is the concluding point of contact in the logistics chain and significantly influences the consumer's experience, making it a critical element of customer satisfaction.
First and Last Mile Delivery Market Report Highlights:
By 2035, the market is awaited to enlarge at USD 531.1 Billion.
In 2024, the first & last mile delivery market size was worth at USD 189.65 Billion.
Target market is developing at a CAGR of 10.8%.
Based on component, the market is expected to be dominated by the hardware component segment.
On the basis of good type, the dry goods segment is leading the market.
Based on transaction mode, the road transport segment is anticipated to hold the largest market share during the forecast period.
Under mode of operation, the business-to-consumer (B2C) segment is expected to lead the market during the projected period.
By end-use industry, the market is being dominated by the e-commerce segment.
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Segmentation:
By Component:
Hardware
Commercial Vehicles
Loading/Unloading Equipment
Others
Software
Order & Delivery Management Software
Predictive Analytics Software
Others
Services
Delivery Services
Installation & Integration
Others
By Good Type:
Dry Goods
Postal
Liquid Goods
By Transaction Mode:
Road/Surface Transport
Ocean/Marine Transport
Aerial Transport
Rail Transport
By Mode of Operation:
Business-to-Business (B2B)
Business-to-Consumer (B2C)
By End Use Industry:
Pharmaceutical & Healthcare
Food & Beverage
Logistic & Transportation
E- commerce
Automotive
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
Israel
South Africa
Rest of Middle East & Africa
Global First And Last Mile Competitive Landscape & Key Players
FedEx
UNITED PARCEL SERVICE OF AMERICA, INC.
KUEHNE+NAGEL
XPO, Inc.
CEVA LOGISTICS
J.B. Hunt Transport, Inc.
Ryder System, Inc.
AMAZON WEB SERVICES, INC.
DHL GROUP
DB SCHENKER
Gurobi Optimization, LLC
Www.ekartlogistics.com
ECOM EXPRESS LIMITED
ZTO EXPRESS
Key Questions Answered in This Report
1. What was the size of the First and Last Mile Delivery Market in 2024?
2. What is the expected growth rate of the First and Last Mile Delivery Market during 2025-2035?
3. What are the key factors driving the First and Last Mile Delivery Market?
4. What is the breakup of the First and Last Mile Delivery Market based on the distribution channel?
5. What are the key regions in the First and Last Mile Delivery Market?
6. Who are the key players/companies in the First and Last Mile Delivery Market?
7. What are the drivers, restraints, and opportunities in the First and Last Mile Delivery Market?
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