The last mile delivery market accounted to US$ 1.99 Bn in 2018 and is expected to grow at a CAGR of 16.7% during the forecast period 2019 – 2027, to account to US$ 7.69 Bn by 2027.
The last mile delivery market is segmented into North America, APAC, Europe, Middle-East and Africa, and South America regions. North America leads the last mile delivery market in 2018 with a significant market share and is anticipated to continue its dominance in the coming years. The growing industrial sector such as automotive, manufacturing, retail, food & beverages industries is driving the growth of freight as well as logistics market in the North America region. The e-commerce industry has recorded robust growth, and it is possible because of the efficient and effective logistics and supply chain management.
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Key players in this market include :
- CEVA Logistics AG
- DB Schenker (Deutsche Bahn AG)
- DHL (Deutsche Post AG)
- DSV A/S
- FedEex Corporation
- KUEHNE + NAGEL International AG
- Nippon Express Co., Ltd.
- XPO Logistics, Inc.
- United Parcel Service, Inc.
The latest research report on the “Last Mile Delivery Market– Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2027” provides a comprehensive assessment of Last Mile Delivery Market for the forecast period from 2019 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in Last Mile Delivery Market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on Last Mile Delivery Market in order to help decision makers with various strategic insights and future outlook. Last Mile Delivery Market is expected to witness continued growth during the forecast period from 2019 to 2027.
This is a professional and in-depth study on the current state of Last Mile Delivery Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Last Mile Delivery Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.
The report focuses on global major leading Last Mile Delivery Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.
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Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global Last Mile Delivery Market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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