Press release
Last Mile Delivery Market Valued US$ 297.57 Billion and Expected to Register 8.60% CAGR by 2032 | PMR
Last Mile Delivery Market
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/last-mile-delivery-market/request-for-sample
Last-mile delivery also referred to as final-mile delivery or last-mile logistics, refers to the last stage of the delivery process. During this phase, a parcel is transported from a transport hub to its final destination, which is generally a residential building or retail shop. The purpose of last-mile delivery logistics is to deliver the parcels as quickly, affordably, and precisely as feasible. This is to maintain the increased customer expectations for expedited shipment, especially in the food, e-commerce, and retail industries.
๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
To increase their market position, major players use tactics, including product launches and mergers and acquisitions. Several prominent entities functioning within the worldwide last mile delivery market comprise:
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โข A1 Express Services Inc.
โข A2Z Drone Delivery, LLC
โข Amazon.com
โข Deutsche Post AG (DHL GROUP)
โข Drone Delivery Canada Corp.
โข FedEx
โข Kerry Logistics Network Limited
โข Power Link Expedite
โข United Parcel Service, Inc. (UPS)
โข XPO Logistics, Inc.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/2900/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐ฒ๐ฉ๐
โข B2C
โข B2B
โข C2C
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โข Autonomous
โข Non-autonomous
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The last-mile delivery industry has attracted considerable attention lately because of the explosive growth of e-commerce and the growing demand from customers for dependable, prompt services. Businesses, merchants, and logistics firms are making significant investments to enhance their delivery procedures to fulfill these demands and guarantee on-time product delivery.
Also, organizations investigating and implementing technology innovations like drones and autonomous vehicles, which have the potential to completely transform the last-mile delivery industry, are bringing about significant changes to the last-mile delivery business.
๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/last-mile-delivery-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
The countries covered in the report are Europe, North America, Latin America, Asia Pacific, the Middle East, and Africa. Based on geographical research, North America appeared as the largest region. Due to the convenience and wide range of products available, online shopping has become increasingly popular in the region, leading to a significant rise in e-commerce activity.
Also, the Asia Pacific region will expand quickly. This expansion is a result of the region's strong economic growth and its rise to prominence in the dynamic logistics industry.
๐๐๐ฌ๐ญ ๐๐ข๐ฅ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The B2C service segment led the market on account of the surge in e-commerce shopping, driven by the younger millennial generation having high spending habits.
โข The autonomous segment will grow at a rapid pace due to its high efficiency and cost-effectiveness.
โข The food & beverage segment will grow rapidly as there is a growing trend of online shopping for daily food supplies.
โข APAC will grow at a substantial pace, owing to the presence of the young generation with high disposable income
โข The key market players include A1 Express Services, DHL GROUP, Power Link Expedite, United Parcel Service, FedEx, XPO Logistics, and Amazon.com
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐ ๐๐๐๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/north-america-facades-market
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฅ๐ข๐ง๐ ๐๐ฉ๐จ๐ญ ๐๐๐ญ๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/automotive-blind-spot-detection-system-market
๐๐ฌ๐๐ ๐ ๐๐๐ฌ๐๐ ๐๐ง๐ฌ๐ฎ๐ซ๐๐ง๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/usage-based-insurance-market
๐๐ซ๐ญ๐ข๐๐ข๐๐ข๐๐ฅ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ (๐๐) ๐ข๐ง ๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/artificial-intelligence-ai-in-military-market
๐๐ข๐ ๐ข๐ญ๐๐ฅ ๐๐๐ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/digital-mro-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
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New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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