Press release
Global Last Mile Delivery Market Expected to Witness a Sustainable Growth over 2023
Last Mile Delivery is a term used in supply chain management and transportation planning to describe the movement of people and goods from a transportation hub to a final destination in the home, in this report the Last Mail Delivery coverd 3C Products, Fresh Products and others like clothes, shoes, daily necessities, etc.
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Global Last Mile Delivery Market: Forecast by Type / Application / Region
Dedicated e-commerce warehousing and distribution contracts are increasingly being awarded to logistics providers. A key trend in the global logistics industry is the provision of value-added services and bespoke solutions. Logistics providers are increasing their focus on specific industry sectors such as high-technology, automotive and pharmaceuticals, and offering additional value-added services that make their services more relevant for client needs. New technologies are finding their way into logistics services in order to improve productivity and enhance service. New logistics technologies being developed include vehicle management software, self-driving vehicles, robotics, internet of things applications and augmented reality. The largest logistics providers are characterized by differing service lines, asset ownership models, geographical scope and types of customers they serve.
Market growth will also be driven by the continued outsourcing of supply chain activity to third-party logistics providers. This includes increase in the scope of contracts when they are renewed. However, a key factor which will offset the impact of this on market growth is the efficiency savings made by logistics providers which are passed back to clients. Further consolidation is expected as logistics providers seek to add new service capabilities and geographical scope to enable them to support global clients and hence, build their position in the competitive global market.
According to this study, over the next five years the Last Mile Delivery market will register a 9.3% CAGR in terms of revenue, the global market size will reach US$ 47000 million by 2024, from US$ 30200 million in 2019. In particular, this report presents the global revenue market share of key companies in Last Mile Delivery business, shared in Chapter 3.
Global Last Mile Delivery Market: Key Players
UPS Supply Chain Solutions
DHL Supply Chain & Global Forwarding
FedEx
Kuehne + Nagel
SF Express
XPO Logistics
DB Schenker Logistics
Nippon Express
GEODIS
CEVA Logistics
J.B. Hunt (JBI, DCS & ICS)
Agility
China POST
Hitachi Transport System
DSV
YTO Express
Panalpina
Toll Holdings
Expeditors International of Washington
GEFCO
ZTO Express
STO Express
Dachser
C.H. Robinson Worldwide
Sinotrans
Yusen Logistics
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Related Information:
United States Last Mile Delivery Market Research Report 2018
Europe Last Mile Delivery Market Research Report 2018
North America Last Mile Delivery Market Research Report 2018
Asia-Pacific Last Mile Delivery Market Research Report 2018
China Last Mile Delivery Market Research Report 2018
EMEA Last Mile Delivery Market Research Report 2018
Global Last Mile Delivery Market Research Report 2018
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