Press release
Strong Growth Ahead: Last Mile Delivery Market Size To Grow At Arecord 12.6% Cagr By 2029
Last Mile Delivery Market
How Big Is the Last Mile Delivery Market Size Expected to Be by 2034?
The last mile delivery market has shown rapid growth in recent years. It is projected to grow from $178.92 billion in 2024 to $202.01 billion in 2025, at a compound annual growth rate (CAGR) of 12.9%. The market expansion is attributed to the growth of e-commerce, the shift towards same-day delivery, investments in delivery infrastructure, environmental concerns, and regulatory changes.
The last mile delivery market is expected to experience rapid expansion in the next few years. It is set to grow to $324.48 billion by 2029, at a compound annual growth rate (CAGR) of 12.6%. This growth can be attributed to advancements in autonomous delivery technology, demand for sustainable delivery options, last-mile analytics, and the expansion of urban logistics solutions. Major trends include on-demand delivery, contactless delivery, last-mile automation, and data analytics for route optimization.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15410
What Are the Emerging Segments Within the Last Mile Delivery Market?
The last mile delivery market covered in this report is segmented -
1) By Delivery Mode: Regular Delivery, Same-Day Delivery Or Express Delivery
2) By Technology: Autonomous, Non-autonomous
3) By Service Type: Business-To-Business (B2B), Business-To-Consumer (B2C), Customer-To-Customer (C2C)
4) By Destination: Domestic, International
5) By Application: Food And Beverages, Retail And E-commerce, Healthcare, Other Applications
Subsegments:
1) By Regular Delivery: Standard Delivery, Scheduled Delivery
2) By Same-Day Delivery Or Express Delivery: Morning Delivery, Afternoon Delivery, Or 1-Hour Delivery, 2-Hour Delivery, 3-Hour Delivery
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15410&type=smp
What Long-Term Drivers Are Shaping Last Mile Delivery Market Trends?
The rapid growth of e-commerce is expected to drive the growth of the last mile delivery market. E-commerce involves buying and selling goods or services online. The expansion of e-commerce is driven by technological advancements, changing consumer behaviors, and evolving business models worldwide. Last mile delivery ensures efficient, timely, and cost-effective product delivery to customers' doorsteps, making it a crucial part of e-commerce success by improving customer satisfaction and loyalty. For example, in February 2024, the United States Census Bureau reported that e-commerce sales in the US reached approximately $1,118.7 billion in 2023, a 7.6% increase from the previous year. Therefore, the growth of e-commerce is driving the expansion of the last mile delivery market.
Who Are the Top Competitors in Key Last Mile Delivery Market Segments?
Major companies operating in the last mile delivery market are Amazon.com Inc., United Parcel Service Inc., DHL International GmbH, FedEx Corporation, La Poste Group, SF Holding Co. Ltd., Uber Technologies Inc., DB Schenker, Poste Italiane S.p.A., DPD Group, DSV Panalpina AS, Royal Mail plc, Yamato Holdings Co. Ltd., Australia Post, DoorDash Inc., XPO Logistics Inc., Grubhub Inc., Deliveroo, Aramex PJSC, Zomato Pvt. Ltd., Postmates Inc., Correios, TNT Holdings B.V., Gopuff, Deliv Inc.
What Are the Latest Developing Trends in the Last Mile Delivery Market?
Leading firms in the last mile delivery sector are concentrating on the creation of technology-driven cold chain methods for final-mile deliveries, optimizing effectiveness and guaranteeing the safe transport of perishable items. These methods are specialized logistics structures and procedures created to keep a certain temperature range during the transport process of perishable items from distribution centers to their final point. For example, Celcius Logistics, an Indian logistics and supply chain solutions company, in September 2022, unveiled their intelligent platform for last mile delivery to combat difficulties in the delivery of perishable items at the last mile. This groundbreaking platform is a cold chain solution for last mile delivery that utilizes technology to track and examine distribution gaps, apply predictive algorithms to eliminate potential risk zones, diminish bottlenecks, hasten ETAs (estimated times of arrival), and provide absolute transparency for shippers on their product's journey from beginning to end. Through this platform, Celcius is planning to create a nationwide network of final-mile vehicles and storage points to improve the efficiency of primary and secondary transportation and storage of perishable goods.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/last-mile-delivery-global-market-report
Which Regions Are Becoming Hubs for Last Mile Delivery Market Innovation?
North America was the largest region in the last mile delivery market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the last mile delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Last Mile Delivery Market?
2. What is the CAGR expected in the Last Mile Delivery Market?
3. What Are the Key Innovations Transforming the Last Mile Delivery Industry?
4. Which Region Is Leading the Last Mile Delivery Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Strong Growth Ahead: Last Mile Delivery Market Size To Grow At Arecord 12.6% Cagr By 2029 here
News-ID: 4039418 • Views: …
More Releases from The Business Research Company
2025-2034 Inkjet Coder Market Evolution: Disruptions, Innovations, and Untapped …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Inkjet Coder Market Through 2025?
Strong growth has been witnessed in recent years in the inkjet coder market. It is projected that this market will expand from $2.11 billion in 2024 to $2.27 billion in 2025, experiencing a compound annual growth rate…
Global Industrial Cooking Fire Protection Systems For Food Manufacturing Market …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Industrial Cooking Fire Protection Systems For Food Manufacturing Industry Market Size Be by 2025?
Over the past few years, the market size for industrial cooking fire protection systems used in food manufacturing has seen a consistent growth. It is projected that the market value will grow…
High Speed Engine Market Trends That Will Shape the Next Decade: Insights from I …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the High Speed Engine Market Size By 2025?
The market for high speed engines has seen considerable growth in the last few years. The market which is valued at $24.17 billion in 2024 is predicted to reach $25.58 billion in 2025, experiencing a Compound Annual Growth…
Industrial Sector Growth Fuels Expansion Of Evaporative Cooling Market: The Driv …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Evaporative Cooling Market Size Growth Forecast: What to Expect by 2025?
The market size for evaporative cooling has seen a robust growth in recent times. The outlook predicts an escalation from $6.41 billion in 2024 to $6.8 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.…
More Releases for Deliv
Same-day Delivery Market Next Big Thing | USA Couriers, Aramex, Deliv
Advance Market Analytics published a new research publication on "Same-day Delivery Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Same-day Delivery market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the report, request…
On demand logistics Market is Booming Worldwide | Uber Freight, Deliv, DHL
The latest report on the "On demand logistics Market To 2028" by the AMA Research includes an analysis of various factors such as size, share, growth factors, sales, demand, revenue, trade, forecast, and global companies analysis. The report provides a detailed examination of the current status of factors such as supply chain management, niche markets, distribution channels, trade, supply and demand, and production capability across different countries to provide a…
On demand logistics Market Booms Across the World | Deliv, DHL, XPO, Shippify
The latest report on the "On demand logistics Market To 2028" by the AMA Research includes an analysis of various factors such as size, share, growth factors, sales, demand, revenue, trade, forecast, and global companies analysis. The report provides a detailed examination of the current status of factors such as supply chain management, niche markets, distribution channels, trade, supply and demand, and production capability across different countries to provide a…
Same-day Delivery Market is Going to Boom | FedEx, Aramex, Deliv, Parcelforce
Latest Study on Industrial Growth of Same-day Delivery Market 2022-2027. A detailed study accumulated to offer Latest insights about acute features of the Same-day Delivery market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments…
Same-day Delivery Market Next Big Thing | FedEx, USA Couriers, Aramex, Deliv
The latest study released on the Global Same-day Delivery Market by AMA Research evaluates market size, trend, and forecast to 2027. The Same-day Delivery market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Download…
Two-Wheeler Logistics Market 2022 : Global Opportunities Assessment, Dynamics, S …
The Worldwide Two-Wheeler Logistics market investigation statement is an important tool for understanding the manufacturing's current and future state. The report includes all the information necessary to gain a comprehensive understanding of the market, along with details on its growth, limitations and potential. The study also offers insights into the biggest players in this field, along with SWOT analyses and competitive data. The report measures the Two-Wheeler Logistics characteristics and…
