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Last Mile Delivery Transportation Market Entry Strategies, Countermeasures of Economic Impact and Marketing Channels to 2030

06-09-2021 11:49 AM CET | IT, New Media & Software

Press release from: Transparency Market Research

Last Mile Delivery Transportation Market: Introduction

According to the report, the global last mile delivery transportation market is projected to reach ~US$ 400 Bn by 2030, expanding at a CAGR of ~3% during the forecast period. Rise in trade and more distance between manufacturing units and end users is likely to boost the market for transportation during the forecast period. In developing and major emerging economies, transportation of products and goods by means of roadways plays an integral role. Moreover, this mode of transport is cost-effective for door-to-door service, owing to improved road infrastructure. This is anticipated to propel the last mile delivery transportation market during the forecast period.

Increase in industrialization and preference toward e-tailing is estimated to boost the last mile delivery transportation market. Online shopping is witnessing significant expansion, owing to an increase in speedy Internet access, which has led to a rise in preference toward e-tailing among consumers. Furthermore, convenience of shopping from home is projected to boost e-Commerce and consequently, drive the last mile delivery transportation market during the forecast period.

Get sample copy of “Last Mile Delivery Transportation Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77271

Prominent players operating in the global last mile delivery transportation market include:

Cargo Carriers Limited, CJ Logistics Corporation, CEVA Logistics, Concargo Private Ltd, DB SCHENKER, Interlogix Pty Ltd., DHL Paket GmbH, Estes Express Lines, FedEx Corporation, Kuehne + Nagel, Nippon Express Co., Ltd., J&J Global Limited, KART, SNCF Geodis, Swift Transportation, TNT Holding B.V., Procet Freight, Tuma Transport, Yamato Holdings Co., Ltd., and United Parcel Service Inc.

Expansion of Last Mile Delivery Transportation Market

A surge in trade volume, owing to rising bilateral trade among countries is projected to boost the last mile delivery transportation market during the forecast period. China witnessed a surge in both general trade volume and proportion, escalating to 15.66 Trn Yuan. China trade volume accounted for 56.4% of total foreign trade. Major trading partners of China are the U.S., the European Union, and ASEAN. Exports of China to the U.S. further rose by 15.2% year-on-year. Based on cargo type, the global last mile delivery transportation market has been segmented into dry goods, liquid goods, and postal goods. Dry goods and liquid goods are likely to be highly lucrative segments during the forecast period. This is primarily due to the rise in trade volume from one region to another. Rise in volume of imports of industry and manufacturing raw materials and export and import of food and pharmaceuticals.

In terms of end user, the FMCG segment dominated the market, as increase in volume of transport of liquid goods, including oil & gas over the years has been enhancing the demand for freight trucks. Moreover, rise in export of oil and diesel over the years is anticipated to boost the last mile delivery transportation market, as the demand for quality goods and services has been rising in rural areas, owing to improved distribution channels of FMCG companies.

Global Last Mile Delivery Transportation Market: Segmentation

Last Mile Delivery Transportation Market, by Vehicle Type

- Light Duty Vehicle
- Medium Duty Vehicle
- Heavy Duty Vehicle

Last Mile Delivery Transportation Market, by End Use

- Chemicals
- Pharmaceuticals & Healthcare
- FMCG
- Hi-tech Product Industry
- Food & Beverages
- Others

Last Mile Delivery Transportation Market, by Cargo Type

- Dry Goods
- Liquid Goods
- Postal Goods

Last Mile Delivery Transportation Market, by Region

- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America

Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=77271

In the end, Last Mile Delivery Transportation industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, and market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

About Us

Transparency Market Research is a global 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. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Albany, NY 12207

Tel: +1-518-618-1030

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Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

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