Press release
First Mile Delivery Market is Booming Worldwide | FedEx, DHL Group, Maersk Line
HTF MI just released the Global First Mile Delivery Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2024-2033. The marketization process is being accelerated by the market study's segmentation by important regions. The market is currently expanding its reach.Major companies profiled in First Mile Delivery Market are:
DHL Group (Germany), FedEx Corporation (USA), United Parcel Service (UPS) (USA), Maersk Line (Denmark), DB Schenker (Germany), XPO Logistics (USA), CEVA Logistics (Switzerland), Kuehne + Nagel (Switzerland), Rhenus Logistics (Germany), Yusen Logistics (Japan), Panalpina (Switzerland), Agility Logistics (Kuwait), Nippon Express (Japan), DB Schenker (Germany), C.H. Robinson (USA), J.B. Hunt Transport Services (USA), Sinotrans (China), Dachser (Germany), Kuehne + Nagel (Switzerland), ZTO Express (China)
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HTF Market Intelligence projects that the global First Mile Delivery market will expand at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2033, from USD7.1 Billion in 2024 to USD11.3 Billion by 2033.
Our Report Covers the Following Important Topics:
By Type:
Parcel Delivery, Freight Delivery, E-commerce Logistics, Reverse Logistics, Cold Chain Logistics
By Application:
E-commerce, Retail, Automotive, Food & Beverage, Healthcare
Definition:
The first-mile delivery market involves the initial phase of the logistics process, where goods are transported from the manufacturer or supplier to a distribution center. The market is expanding due to the rise of e-commerce, increasing demand for faster deliveries, and technological advancements in logistics solutions.
Dominating Region:
North America
Fastest-Growing Region:
Asia-Pacific
Market Insights News:
"April, 2024 - LogisticsPro merged with FirstDeliver to enhance its first mile delivery solutions, focusing on e-commerce and local delivery efficiency."
Market Merger & Acquisition:
"October 2024 - DHL launched an electric cargo bike fleet in urban hubs to improve first mile logistics sustainability."
Market Trends:
• Growth in demand for first-mile delivery services in e-commerce, rise in adoption of AI for logistics optimization, increasing use of drones for last-mile deliveries, advancements in automated sorting technologies, growth in demand for faster delivery times.
Market Drivers:
• Increasing demand for e-commerce deliveries, growth of global supply chains, advancements in last-mile logistics technologies, rise in demand for sustainable logistics, increasing use of automation in logistics.
Market Challenges:
• High logistics costs, competition from traditional delivery services, challenges in handling perishable goods, environmental concerns related to emissions, regulatory barriers in global markets.
Market Opportunities:
• Expansion into emerging markets with growing e-commerce demand, increase in demand for last-mile logistics services, rise in demand for automated and sustainable logistics solutions, development of low-cost first-mile delivery solutions, growing adoption of AI-driven logistics systems.
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of First Mile Delivery market segments by Types: Parcel Delivery, Freight Delivery, E-commerce Logistics, Reverse Logistics, Cold Chain Logistics
Detailed analysis of Career &Education Counselling market segments by Applications: E-commerce, Retail, Automotive, Food & Beverage, Healthcare
Global First Mile Delivery Market -Regional Analysis
• North America: United States of America (US), Canada, and Mexico.
• South & Central America: Argentina, Chile, Colombia, and Brazil.
• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.
• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.
• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc.) & Rest
• Oceania: Australia & New Zealand
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First Mile Delivery Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
Five forces analysis-the threat of new entrants, the threat of substitutes, the threat of competition, and the bargaining power of suppliers and buyers-are carried out to better understand market circumstances.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global First Mile Delivery Market:
Chapter 01 - First Mile Delivery Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global First Mile Delivery Market - Pricing Analysis
Chapter 05 - Global First Mile Delivery Market Background or History
Chapter 06 - Global First Mile Delivery Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide First Mile Delivery Market
Chapter 08 - Global First Mile Delivery Market Structure & worth Analysis
Chapter 09 - Global First Mile Delivery Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - First Mile Delivery Market Research Method First Mile Delivery
Thank you for reading this post. You may also obtain report versions by area, such as North America, LATAM, Europe, Japan, Australia, or Southeast Asia, or by chapter.
Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketintelligence.com
About Author:
HTF Market Intelligence is a leading market research company providing end-to-end syndicated and custom market reports, consulting services, and insightful information across the globe. With over 15,000+ reports from 27 industries covering 60+ geographies, value research report, opportunities, and cope with the most critical business challenges, and transform businesses. Analysts at HTF MI focus on comprehending the unique needs of each client to deliver insights that are most suited to their particular requirements.
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