The Last Mile Delivery Market size was valued at USD 31.42 Billion in 2023 and the total Last Mile Delivery revenue is expected to grow at a CAGR of 19.01 % from 2024 to 2030, reaching nearly USD 106.42 Billion by 2030.

Last Mile Delivery Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Last Mile Delivery Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Last Mile Delivery market, with forecasts outspreading to the year 2030.

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Last Mile Delivery Market Scope and Methodology:

Maximize market research covers competitive landscape, key competitors and their market shares for better understanding of the industry. The report also discusses new product developments and technology trends. The report provides a detailed overview of the Last Mile Delivery market through both quantitative and qualitative analysis. The report aims to help readers develop business strategies and assess their position in the market by providing a comprehensive analysis of the competitive landscape. The purpose of the report is to provide the necessary information to make an informed decision regarding the Last Mile Delivery market. In addition, the report delivers information on revenue, sales volume, and average price of the entire market and sub-segments in various segments and regions to assist portable notebook manufacturers, new entrants, and companies involved in the industry chain market.

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Last Mile Delivery Market Regional Insights:

In a regional analysis, the Last Mile Delivery market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. These regions are classified as corresponding countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia, and South Korea.

Last Mile Delivery Market Segmentation:

By Destination

Short Range (< 20 km)
Long Range (> 20 km)

By Service Type

Hardware
Software
Service

By Vehicle Type

Motorcycle
LCV
HCV
Drones

In 2023, motorcycles held a dominant position in the last mile delivery market due to their popularity for urban deliveries, agility, and speed, making them perfect for crowded places despite their small capacity. Larger in size, LCVs balance capacity and maneuverability to serve medium-scale deliveries. HCVs are great at large-scale deliveries because of their large load capacities, but they have trouble maneuvering through confined urban areas. Despite their innovation, drones are still in their infancy because of regulatory obstacles, but they have great potential in isolated or difficult-to-reach places. In densely populated areas, motorcycle adoption is still high, whereas LCVs predominate in medium-scale logistics.

By Application

E Commerce
Retail and FMCG
Healthcare
Mails and Packages
Others

The Last Mile Delivery Market was dominated by e-commerce, and this trend is anticipated to continue during the projection period. Its need for dependable, quick deliveries has sparked investments and innovations. Followed closely by the retail and FMCG (fast-moving consumer goods) industries are the demands for the quick and effective supply of daily necessities and perishable commodities. The healthcare industry is growing in importance due to the need for accurate and timely delivery of prescription drugs and medical supplies. Packages and mail from both individuals and corporations also make a substantial contribution to the need for last-mile delivery services. Other divisions cover a variety of speciality goods, electronics, and certain service-based needs, among other distinct delivery needs.

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Last Mile Delivery Market Key Players:

Major Contributors in the Last Mile Delivery Industry in North America:
1. Amazon Logistics - Seattle, Washington, USA
2. FedEx Corporation - Memphis, Tennessee, USA
3. United Parcel Service (UPS) - Atlanta, Georgia, USA
4. Uber Eats - San Francisco, California, USA
5. USPS (United States Postal Service) - Washington, D.C., USA
6. Postmates - San Francisco, California, USA
7. DoorDash - San Francisco, California, USA
8. Grubhub - Chicago, Illinois, USA
9. Instacart - San Francisco, California, USA
10. SEKO Logistics - Itasca, Illinois, USA

Leading players in the Europe Last Mile Delivery Market:
1. DHL Express - Bonn, Germany
2. Hermes Group - Hamburg, Germany
3. Yodel - Hatfield, United Kingdom
4. Hermes UK - Rugby, United Kingdom
5. Just Eat Takeaway - Amsterdam, Netherlands
6. DPD Group - Paris, France
7. PostNord - Solna, Sweden
8. Bring - Oslo, Norway
9. DHL eCommerce - Bonn, Germany

Key players driving the Asia-Pacific Last Mile Delivery Market:
1. Blue Dart Express - Mumbai, India
2. Zomato - Gurugram, India
3. Swiggy - Bangalore, India
4. Ecom Express - New Delhi, Delhi
5. XpressBees - Pune, Maharashtra
6. DotZot - Bangalore, Karnataka
7. Ekart - Bangalore, Karnataka
8. SF Express Co., Ltd. - Shenzhen
9. Alibaba's Cainiao Network - Hangzhou
10. JD Logistics - Beijing

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Key questions answered in the Last Mile Delivery Market are:

• What is Last Mile Delivery?
• What was the Last Mile Delivery market size in 2023?
• What is the growth rate of the Last Mile Delivery Market?
• What is the CAGR at which the Last Mile Delivery market will grow during the forecast period?
• What are the different segments of the Last Mile Delivery Market?
• Which is the fastest-growing region in the Last Mile Delivery market?
• Which are the factors expected to drive the Last Mile Delivery market growth?
• What growth strategies are the players considering to increase their presence in Last Mile Delivery?
• What are the upcoming opportunities and trends for the Last Mile Delivery Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Last Mile Delivery Market?
• What segments are covered in the Last Mile Delivery Market?
• Who are the key players in the Last Mile Delivery market?
• Who are the leading companies and what are their portfolios in Last Mile Delivery Market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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