openPR Logo
Press release

First and Last Mile Delivery Market: An Insight On the Important Factors and Trends Influencing the Market

10-14-2019 03:37 PM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
First and Last Mile Delivery Market: An Insight On the Important

Transparency Market Research has published a new report titled, “First and Last Mile Delivery Market (Vehicle Type: Light Duty Vehicle, Medium Duty Vehicle, and Heavy Duty Vehicle; Cargo Type: Dry Goods, Postal, and Liquid Goods; End-use: Chemical, Pharmaceutical & Healthcare, FMCG, Hi-tech Product Industry, Food and Beverage, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.” According to the report, the global First and Last Mile Delivery Market is projected to surpass US$ 1,100 Mn by 2026, expanding at a CAGR of 14.77% during the forecast period.

According to the report, the global first and last mile delivery market is likely to be driven by a range of macroeconomic and industry-specific factors. Asia Pacific is expected to be at the forefront of global demand, with the market in the region expanding at a CAGR of 18.23% between 2018 and 2026.

Browse Report Details: https://www.transparencymarketresearch.com/first-last-mile-delivery-market.html

The first and last mile delivery of product distribution is vital to any merchant. The first mile always indicates the movement of goods from retailer to courier service or anyone who supplies the goods to the end-user or final distributer, while last mile denotes the final stage of movement of goods to its final customers.

Supply chain management providers are adopting innovative and latest technologies in order to enhance their availability, elasticity, sustainability, and efficiency. Several customers are willing to pay additional or extra charge for delivery or for immediate delivery, which in turn is projected to fuel the demand for first and last mile delivery in the near future. Adoption of cyber physical system-based service and use of sophisticated and metaheuristic algorithms are boosting the productivity of fist and last mile delivery solutions.

For Exclusive Market Insights From Experts? Request A Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=60984

Digitization in supply chain, such as integration of major technologies such as smart logistics and warehousing, and critical analysis of information are anticipated to increase the demand for first and last mile delivery in different industries. This, in turn, is likely to propel the first and last mile delivery mile market during the forecast period. Furthermore, increase in urbanization which leads to a more concentrated consumer market, drastic change in consumer behavior, and increase in use of digital platforms for purchase are likely to propel the first and last mile delivery market during the forecast period.

In terms of vehicle type, the global first and last mile delivery market has been bifurcated into light duty vehicle, medium duty vehicle, and heavy duty vehicle. In terms of revenue, the light duty vehicle segment accounted for a major share of the market in 2017. Moreover, retail price, acceleration, fuel economy, interior volume, and ease of operation of light duty vehicles in urban areas prompts most logistic companies to prefer light duty vehicles. Road logistics and transportation activities are increasing across the globe. However, road transport contributes to significant share of carbon emission globally. Stringent emission norms and development of electric vehicles by OEMs are likely to boost the light duty vehicle segment during the forecast period.

Request For Custom Research: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60984

In terms of end-use, the first and last mile delivery market has been segregated into chemicals, pharmaceutical & healthcare, FMCG, food and beverage, hi-tech product industry, and others. The FMCG segment is anticipated hold a major share of the market during the forecast period. Shift of preference of urban consumers from essential to premium products, attractive supply chain solutions provided by logistic companies, increase in accessibility of online stores, and expansion of e-commerce industry are projected to fuel the FMCG segment during the forecast period.

In terms of region, the global first and last mile delivery market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. China is a major exporter and importer of goods. Moreover, positive economic environment, introduction of new infrastructure and the rise of e-retailing in China are anticipated to expand the logistic industry in the country, which in turn is expected to drive the first and last mile delivery market in China during the forecast period. Furthermore, expansion of the e-commerce industry in India and increased government spending on development of infrastructure are anticipated to propel the First and Last Mile Delivery Market in the country during the forecast period.

Prominent players operating in the global first and last mile delivery market include Cargo Carriers Limited, FedEx Corporation, United Parcel Service Inc., Tuma Transport, Swift Transport, Interlogix Pty. Ltd., Transtech Logistics, Procet Freight, Concargo Private Limited, J&J Global Limited, DB SCHENKER, DHL Global Forwarding, TNT Express, Kerry Logistics Network Limited, and KART.

Contact:
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada

About Us:
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports thrive to provide clients to serve their overall research requirement.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release First and Last Mile Delivery Market: An Insight On the Important Factors and Trends Influencing the Market here

News-ID: 1848475 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for Mile

Last Mile Delivery Market Size Analysis by Application, Type, and Region: Foreca …
USA, New Jersey- According to Market Research Intellect, the global Last Mile Delivery market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period. The Last Mile Delivery market is projected to grow at a CAGR of approximately 9.2% from 2025 to 2032. This strong growth is driven
Navigating the Final Mile : KSA's Evolving Last Mile Delivery Market Forecast, 2 …
KSA Last Mile Delivery Market Size, Share, Competitive Landscape and Trend Analysis Report, by Service Type, Delivery Time and End Use : Opportunity Analysis and Industry Forecast, 2021-2030. The KSA last mile delivery market was valued at $285.3 million in 2020, and is projected to reach $520.9 million by 2030, registering a CAGR of 6.3% from 2021 to 2030. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 : https://www.alliedmarketresearch.com/request-sample/15988 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 : Agility, CMA CGM Group(CEVA Logistics), Abdul Latif Jameel
Digital Last-mile Platform Market Beyond Convenience: The Evolving Landscape of …
Global Digital Last-Mile Platform Market Worth $19.87 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd. InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Digital Last-Mile Platform Market- (By Component (Software / Platform and Services), By Deployment (Cloud and On-premise), By Application (Route Optimization, Tracking, Customer Communication, Analytics & Reporting,), By End User (Logistics, Retail & E-commerce, Healthcare, Food & Beverage)) Trends,
Last-Mile Delivery Market The Final Stretch: Exploring the Growth of the Last-Mi …
Last Mile Delivery Market to reach over USD 357.45 billion by the year 2031 - Exclusive Report by InsightAce Analytic "Last Mile Delivery Market" in terms of revenue was estimated to be worth $164.74 billion in 2024 and is poised to reach $357.45 billion by 2031, growing at a CAGR of 10.37% from 2023 to 2031 according to a new report by InsightAce Analytic. Get Free Sample Report @ https://www.insightaceanalytic.com/request-sample/1631 Latest
Last Mile Delivery Market - The Changing Dynamics of Last Mile Delivery & Logist …
The key players of the last mile delivery market analyzed are United Parcel Service of America, Inc., FedEx Corporation, USPS (United States Postal Service), XPO Logistics Inc., DHL International GmbH, Ryder System Inc. / MXD Group, Schneider National Inc., J.B. Hunt Transport Inc., ArcBest Corporation, SEKO Worldwide LLC (SEKO Logistics), and others. Download Report (322 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/5163 The global last mile delivery market is segmented
Mile Enters Oman
ODP & Mile Solutions Launch ‘Imdad” Platform for the logistics sector ‘Imdad’ - useful for real-time tracking of delivery of goods and commodities Maqbool Al-Wahaibi: The unified logistic platform helps in providing delivery services which are growing in the Sultanate Muscat: June 2020 Oman Data Park (ODP), the premier cloud services and information technology managed services provider, in partnership with Mile Solutions launched ‘Imdad’ logistic platform