India Last Mile Delivery Market Top Key Players – Delhivery, E Com Express, Tigo, Edgistify, Ship Rocket, Shadow fax, QikPod, Black Buck, Rivigo, E Kart Logistics, Blue Dart, TCI Express

Last mile logistics is the most time-consuming and costly step in the delivery process. Tackling the competitiveness of e-commerce in the face of rapidly changing consumer demand is one of the greatest challenges faced by most businesses.

In addition, last mile delivery efficiency has become the most important factor in the relationship between an e-commerce retailer and the end consumer as it can establish or break a link that directly influences the customer's decision to re-order. Customers now have a variety of online shopping options to choose from, which they can change. Therefore, retailers are putting pressure on last mile service providers to optimize their results.

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INDIA LAST MILE DELIVERY MARKET DYNAMICS

• Over the past few decades, India has experienced a phenomenal change in the supply ecosystem. With the growing demand for local supply and the unexpected boom of hyperlocal startups, a new delivery wing, hyperlocal ecosystem, or last mile supply ecosystem has emerged.

• The India Last Mile Delivery Market is served by Traditional Logistics Service Providers (LSPs), retail-oriented logistics providers and in-house logistics departments. Over the past few years, specialized e-commerce retail service providers have entered the market with a technology-driven approach that allows players to grow, stay productive and continue to offer customers competitive prices.

• Online retail logistics is critical. Significant investments have been made and global companies see India as a favorable market. Additionally, with changes taking place in the e-commerce retail sector, such as an increase in the share of demand expected from Tier II and Tier III cities, as well as shifting to the surface by air, current players are looking for innovative ideas to improve end-to-end logistics.

INDIA LAST MILE DELIVERY MARKET SEGMENTATION

The India Last Mile Delivery Market can be segmented into following categories for further analysis.

By Application
• Residential Application
• Commercial Application
• Industrial Application

By Integration / Structure Type
• Private Partnership Only
• Public Private Partnership
• Program based Public Private Partnership

By Regional Classification
• Western Region – India
• Eastern Region – India
• Southern Region – India
• Northern Region – India

RECENT TRENDS IN INDIA LAST MILE DELIVERY MARKET

• India Last mile delivery market can also be thought of as the interface where the last mile meets the recipient. Last mile and last mile transport are closely related and are therefore often studied together. The largest share is focused on new technologies and innovations, especially goods pickup solutions.

• IoT enables availability of key parcel statistics which include parcel contents, parcel area within side the deliver chain and parcel arrival. It additionally enables quicker waft of statistics within side the deliver chain, as a result enhancing client pleasure levels.

• It connects various technical devices (e.g. vehicles, loading equipment, etc.) using sensors installed on these devices, which allows for real-time information on various critical parameters such as temperature, feeding speed, etc.

COMPETITIVE LANDSCAPE

E-commerce and FMCG account for nearly 70 percent of the last mile market, which includes the transportation of goods within a 200 kilometer radius in less than 24 hours round-trip and less than 5 tons of cargo. In the inner-city segment, the market is dominated by players such as Porter, LetsTransport, Blowhorn and Lynk.

COMPANIES PROFILED
• Delhivery
• E Com Express
• Tigo
• Edgistify
• Ship Rocket
• Shadow fax
• QikPod
• Black Buck
• Rivigo
• E Kart Logistics
• Blue Dart
• TCI Express

Read More Information: https://mobilityforesights.com/product/india-last-mile-delivery-market/

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This release was published on openPR.