Last-Mile Delivery Market Expected to Reach US$ 311.31 Billion by 2031 | Amazon.com, Inc., United Parcel Service of America, Inc., FedEx.

Global Last-Mile Delivery Market reached US$ 151.87 billion in 2023 and is expected to reach US$ 311.31 billion by 2031, growing with a CAGR of 9.62% during the forecast period 2024-2031.

Last-Mile Delivery Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Last-mile delivery refers to the final step of the supply chain, where goods are transported from a distribution hub to the end customer. It is a crucial aspect of e-commerce, logistics, and retail, impacting customer satisfaction and delivery speed. Challenges in last-mile logistics include traffic congestion, high costs, and environmental concerns. Companies are investing in innovative solutions like drones, autonomous vehicles, and local fulfillment centers to enhance efficiency. The rise of same-day and on-demand delivery services has made last-mile logistics more competitive than ever.

List of the Key Players in the Last-Mile Delivery Market:

Amazon.com, Inc., United Parcel Service of America, Inc., FedEx, DHL International GmbH, Contrary Research, Starship Technologies, Zipline International Inc., DPDgroup, Hermes Europe GmbH, and Continental AG.

Industry Development:

On November 7, 2023, Amazon launched a pioneering last-mile fleet initiative in India, marking a significant milestone as the company introduced a fleet entirely comprised of electric vehicles (EVs). This groundbreaking move, the first of its kind globally, aims to empower over 300 Delivery Service Partners (DSPs) to conduct customer deliveries while completely eliminating tailpipe emissions, contributing to a cleaner, more sustainable delivery model.

Growth Forecast Projected:

The Global Last-Mile Delivery Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Last-Mile Delivery Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Last-Mile Delivery Market:

By Service Type: Business-To-Business (B2B), Business-To-Consumer (B2C), Customer-To-Customer (C2C))

By Destination: Domestic, International.

By Mode of Operation: Non-Autonomous, Autonomous.

By Vehicle Type: Motorcycle, LCV, HCV, Others.

By Application: Food & Beverages, Retail & E-commerce, Healthcare, Others.

Regional Analysis for Last-Mile Delivery Market:

The regional analysis of the Last-Mile Delivery Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Last-Mile Delivery market?

➠ Who are the leading manufacturers in the global Last-Mile Delivery industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Last-Mile Delivery industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Last-Mile Delivery market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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