North America Last Mile Delivery Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (B2C and B2B), Vehicle Type (Motorcycles, Commercial Vehicles, Drones, Autonomous Ground Vehicles, and

North America Last Mile Delivery Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (B2C and B2B), Vehicle Type (Motorcycles, Commercial Vehicles, Drones, Autonomous Ground Vehicles, and Others), End User (Groceries, Home Essentials/Houseware and Home Furnishings, Restaurant Meals, Clothing and Apparel, Consumer Electronics, Toys/Hobbies/Sporting Goods, Mass Merchants, Jewelry, Specialty, Automotive Parts and Accessories, and Others), and Country

The North America last mile delivery market accounted for US$ 1,077.57 million in 2022 and is expected to reach US$ 1,615.28 million by 2030; it is expected to register a CAGR of 5.2% during 2022–2030.

Increasing Initiatives by Key Players are Driving the Last Mile Delivery Market Growth

Many logistics giants in the North America market, such as UPS, FedEx, USPS, XPO Logistics, and Amazon, recognized the increasing demand for e-commerce delivery services. Thus, many key players in the market started many organic and inorganic business growth strategies to acquire a larger market share. In June 2021, FedEx Corp. and Nuro announced a multi-phase partnership to test Nuro's next-generation autonomous delivery vehicle within FedEx operations. The SaaS platform from Delivery Solutions allows more seamless logistics experiences in same-day delivery, curbside pickup, in-store pickup, shipping, and post-purchase transactions. Shippers and merchants using Delivery Solutions' technology can access a network of same-day delivery providers. Further, in July 2023, OnTrac expanded its delivery network into Texas. As per the company's officials, the expansion into Dallas-Fort Worth, Austin, San Antonio, and Houston allows OnTrac to provide next-day delivery to reach new 19 million clients. Further, many retail companies such as Walmart, Target, and IKEA are taking initiatives to expand their last mile delivery operations. In July 2023, Target Corporation revealed that it is developing a concept allowing the retailer to reduce the load of next-day delivery in stores while expanding its reach deeper into faster-growing suburban areas. The retailer created a Target Last Mile Delivery (TLMD) extension in Atlanta, US. At this bare-bones sortation facility, workers pass off online orders that originated in stores to Shipt drivers. In 2017, the retailer spent US$ 550 million on Shipt, a startup that employs contractors to shop and deliver groceries from Target shops on the same day. Shipt also works with CVS, OfficeMax, and Sephora. Target stated that the TLMD expansion test in Smyrna, Georgia, increased the reach of its next delivery service by 30%, or 500,000 new customers, to a potential market of 3 million in the Atlanta metropolitan area. Such investment, acquisition, and business expansion activities are catering to the growing demand and developing solid networks throughout the US, ultimately driving the last mile delivery market as companies can cater to the large customer base.

The North America last mile delivery market is segmented based on type, vehicle type, end user, and geography. In terms of type, the market is categorized into B2C and B2B. Based on vehicle type, the North America last mile delivery market is segmented into motorcycles, commercial vehicles, drones, autonomous ground vehicles, and others. Based on end user, the North America last mile delivery market is classified into groceries, home essentials/houseware and home furnishings, restaurant meals, clothing and apparel, consumer electronics, toys/hobbies/sporting goods, mass merchants, jewelry, specialty, automotive parts and accessories, and others. Based on geography, the market is segmented into US, Canada, and Mexico.

United Parcel Service Inc., XPO Inc., J B Hunt Transport Services Inc., Canada Post Corp., General Logistics Systems BV., Ceva Logistics AG, Intelcom Courrier Canada Inc., Ontrac Logistics Inc., TFORCE Logistics LLC, Amazon.com Inc., SEKO Logistic LLC, Deutsche Post AG, FedEx Corp, Pitney Bowes Inc., and AP MOLLER-MAERSK AS are among the key North America last mile delivery market players profiled during the market study. In addition, several other important North America last mile delivery market players operating in the ecosystem were studied and analyzed during this market research study to get a holistic overview of the last mile delivery market.

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