Press release
Last Mile Delivery Market to Reach USD 258.7 B by 2030 at 8.8% CAGR
Last Mile Delivery Market
The global Last Mile Delivery market, valued at USD 143.10 billion in 2023, is projected to grow at a CAGR of approximately 8.8% through 2030, reaching USD 258.68 billion . Powered by the explosive expansion of e‐commerce, consumer demand for same‐day delivery, and continued innovations in logistics technology, this sector is entering a phase of sustained transformation.
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Market Overview & Key Drivers
2023 market size: USD 143.10 B → 2030 forecast: USD 258.68 B (CAGR 8.8%)
B2C services accounted for roughly 70% of revenues in 2022-2023, with C2C growing fastest
Technology adoption: Autonomous delivery (drones, ADVs, robots) expected to grow at ~17.6% CAGR; currently dominated by non-autonomous vehicles (~98% share)
Impact drivers: Real-time tracking, AI‐route optimization, electric vehicles, and smart lockers enhance delivery efficiency and sustainability
Regional Snapshot & Higher Demand
North America led the market in 2023 with ~30-31% share, anchored by strong cloud platforms, logistics infrastructure, and retail innovation
Asia‐Pacific is the fastest-growing region (CAGR ~11.1%), with India projected as fastest within APAC and revenue expected to more than double from USD 41.2 B in 2023 to USD 86.16 B by 2030
Canada stands out within North America, expected to lead growth rates between 2024 and 2030
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Competitive Ecosystem
Leading players include Amazon, UPS, FedEx, DHL Group, XPO Logistics, Kerry Logistics, Drone Delivery Canada, Power Link Expedite, A2Z Drone Delivery, A1 Express Services, and Cubic Trafficware
Investment is focused on route optimization, EV fleets, crowdsourced/ gig delivery models, and autonomous solutions. Amazon is testing local retail partnerships to power small‐business last‐mile delivery in 23 U.S. states, estimating potential earnings of USD 2.50 per package for partners delivering ~30 per day
Country-Level Insights
Growth Opportunities in Vietnam
Vietnam's e‐commerce boom and urban logistics infrastructure are fueling growth. Rising demand for micro-fulfillment and motorcycle courier networks drives experimentation with lockers, crowdsourced delivery, and micro-hubs .
Trends in Thailand
Thai markets emulate APAC trends-adoption of AI route-planning, locker networks, and crowdsourced bike/tuk-tuk delivery models to minimize cost and tackle urban congestion .
Consolidation Growth in Japan
Japan's logistics firms are combining traditional courier strengths with global players like DHL and FedEx to pilot drone and autonomous vehicle delivery for remote and urban zones.
Updation in South Korea
South Korea's smart‐city push is promoting AI‐augmented robotic couriers and integration of ITS systems into urban delivery planning, targeting congested zones with autonomous micro‐vehicles.
Benchmarking Innovation in Singapore
Singapore pilots delivery drones, lockers, and EV fleets-partnering with tech-forward firms to trial clean, smart solutions in dense urban districts.
Consolidation Trends in the United States
The U.S. market consolidates under major carriers and digital-first startups like Veho Tech, which recently acquired QuikReturn for reverse logistics service capacity in NYC and surrounding markets
Growth in China
China, the largest APAC economy, leads in expansion. Companies like Cainiao are targeting cross-border 5-day delivery networks spanning Southeast Asia, Europe, and North America, lifting speed and capacity benchmarks
Opportunity & Compliance in Europe
Europe invests aggressively in urban locker networks, eco‐fleet regulations, and pilots for drone corridors. Governments in Germany, France, and UK emphasize low-emission last-mile frameworks compliant with EU green legislation.
To learn more about the findings of this research, please check:https://www.maximizemarketresearch.com/market-report/global-last-mile-delivery-market/31481/
Last Mile Delivery Market Segment Analysis:
By Destination
Short Range (< 20 km)
Long Range (> 20 km)
By Service Type
Hardware
Software
Service
By Vehicle Type
Motorcycle
LCV
HCV
Drones
Mergers & Acquisitions Highlights
Veho's acquisition of QuikReturn expanded its reverse-logistics network in U.S. metros (2022)
Amazon's small‐business delivery initiative spanning 23 states consolidates local partnerships to enhance reach and reduce reliance on single large carriers
Key Recent Developments
Drone startup Zipline has logged over 1.3 million U.S. deliveries and nearly 100 million flight miles. PwC estimates drone delivery will scale to 800 million parcels annually, valued at USD 65 billion by 2034
Autonomous vehicle logistics firm Gatik deploys Level‐4 autonomous trucks for middle‐mile deliveries in the U.S. and Canada via Walmart, Loblaw, Kroger and Tyson partnerships
Emerging academic pilots for AI‐augmented robots and drones support customer-centric approaches; one study demonstrated delays cut by up to 40% in campus deliveries
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