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.

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Last Mile Delivery Market Scope and Methodology:

The Last Mile Delivery Market requires a mix of both qualitative and quantitative research methods. Last Mile Delivery Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Last Mile Delivery market. The bottom-up approach was used to determine the global and regional Last Mile Delivery market sizes.

Last Mile Delivery Market Regional Insights:

The Last Mile Delivery Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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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

Motorcycles dominated the last mile delivery market in 2023 based on vehicle types because they are popular for deliveries in cities, provide speed and agility, and are perfect for crowded places, but their capacity is restricted. Larger LCVs balance capacity and maneuverability to handle medium-sized deliveries. HCVs do well in bulk deliveries due to their large load capacities, although they have trouble maneuvering in congested urban areas. Despite their innovation, drones are still in their infancy because of regulatory barriers, but they have promise in hard-to-reach places. While LCVs predominate in medium-scale logistics, motorcycle adoption is still high in densely populated areas. In suburban or rural areas, HCVs are frequently used for large deliveries. Despite their potential for specialized deliveries, drones are not yet widely used in a variety of delivery scenarios due to regulatory uncertainty.

By Application

E Commerce
Retail and FMCG
Healthcare
Mails and Packages
Others 

According to application, e-commerce led the last mile delivery market and is anticipated to continue to do so for the duration of the forecast. Its need for dependable, quick deliveries has sparked investments and innovations. Following closely behind are the retail and FMCG (fast-moving consumer goods) sectors, which are motivated by the requirement for prompt and effective delivery of everyday necessities and perishable items. With its need for accurate, timely delivery of prescription drugs and medical supplies, the healthcare industry is becoming a major market. Demands for last-mile delivery are also greatly influenced by mail and parcels, which are sent by both individuals and corporations.

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

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Key questions answered in the Last Mile Delivery Market are:

• What is Last Mile Delivery ?
• What is the growth rate of the Last Mile Delivery Market?
• Which are the factors expected to drive the Last Mile Delivery Market growth?
• What are the upcoming opportunities and trends for the Last Mile Delivery Market?
• Who are the leading companies and what are their portfolios in 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?
• Who are the key players in the Last Mile Delivery Market?
• What are the different segments of the Last Mile Delivery Market?
• Which is the fastest growing region in the Last Mile Delivery Market?
• What growth strategies are the players considering to increase their presence in Last Mile Delivery ?
• What is the CAGR at which the Last Mile Delivery Market will grow during the forecast period?
• What segments are covered in the Last Mile Delivery Market?

For additional insights into this study, please refer to:https://www.maximizemarketresearch.com/market-report/global-last-mile-delivery-market/31481/ Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region
• Market Size, Share, Size Forecast by different segment 
• 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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