Press release
Last Mile Delivery Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
The global last mile delivery market is anticipated to grow at a CAGR of 8.5% during the forecast period (2023-2030). The growth of the global last mile delivery market is contributed to the increasing partnerships among key players to expand geographical reach. For instance, in June 2023, SpiceXpress and Logistics Pvt. Ltd. partnered with Ekart, a supply chain services provider to strengthen its door-to-door delivery capability. As part of this partnership, Ekart will provide first-mile pickup of Cargo shipments and will also help deliver them through last-mile connectivity across all serviceable pin codes in the country. The partnership will enable SpiceXpress, a tech-enabled logistics company, to significantly expand its reach and offer value, speed, and transparency for its customers. With Ekart's extensive network, SpiceXpress will offer an end-to-end service to its customers across all major industries.In the same month, global logistics company Flexport acquired Shopify Logistics, adding e-Commerce fulfillment, B2B distribution and last-mile delivery to the company's portfolio of services. The deal made Flexport the official Shopify Logistics Partner and preferred Shop Promise provider, enabling transparent shipping timelines, including two-day and next-day delivery options to customers. The acquisition is expected to streamline global supply chain operations, "democratizing and leveling the playing field of cost and speed of delivery for all businesses." It will also offer 3-million-square-feet of warehouse space to support merchants during the upcoming holiday season.
Similarly, Target's latest supply chain and ecommerce facility is rolling out an extension to reach even more shoppers in Atlanta. The delivery fulfillment extension facility opened in Smyrna, Ga., and expands next-day delivery reach to 500,000 more online customers. Target said that its first fulfillment extension opened near the Smyrna location at less cost than a full-size sortation center. In line with its test-and-learn approach, Target will continue to review expansion plans for these types of facilities as it works to reach more customers.
To Request a Sample of our Report on Last Mile Delivery Market: https://www.omrglobal.com/request-sample/last-mile-delivery-market
Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Product Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Amazon, Inc., Alibaba Group Holding Ltd., eBay Inc., and Fedex Corp. among others.
A full Report of Last Mile Delivery Market is Available @ https://www.omrglobal.com/industry-reports/last-mile-delivery-market
Last Mile Delivery Market Report Segment
By Service Type
Business-To-Business (B2B)
Business-To-Consumer (B2B)
Customer-To-Customer (C2C))
By Vehicle Type
Motorcycle
Light Commercial Vehicles (LCV)
Heavy Commercial Vehicles (HCV)
Drones
By Application
E-Commerce
Retail & FMCG
Healthcare
Mail & Packages
Other
Last Mile Delivery Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
P. Moller Maersk AS
Aramex International LLC
Australia Post
Belgian Post Group (Bpost)
Blue Dart Express Ltd.
H. Robinson Worldwide Inc.
CEVA Logistics AG
CJ Logistics Corp.
Deutsche Post AG
DSV Panalpina AS
Ecom Express Pvt. Ltd.
FedEx Corp.
Gati Ltd.
GSI Logistics Pvt. Ltd.
Kuehne Nagel International AG
SF Express Co., Ltd.
Singapore Post Ltd. (SingPost)
United Parcel Service Inc.
XPO Logistics Inc.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/last-mile-delivery-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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