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Global Last Mile Delivery Market Size is valued at USD 179.5 Billion in 2024 and is predicted to reach USD 481.6 Billion by the year 2034 at a 10.5% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the report:
Last mile delivery, sometimes referred to as Last mile logistics, is the portion of a journey where items are moved from a transportation hub or warehouse to the ultimate delivery location. Last mile delivery aims to deliver goods to clients as rapidly as feasible while keeping costs to a minimum. More than half of the shipping expenses are incurred during Last mile delivery. It is mostly used in the food, e-commerce, retail, or pharmaceutical industries.
The Last mile delivery market growth is expanding as a result of factors such as the rise of the e-commerce industry, an increase in trade activities brought on by globalization, technical developments in delivery vehicles, and an increase in demand for quick package delivery. However, it is anticipated that weak infrastructure, increased logistics costs, a lack of manufacturer and retailer control over logistics services, and an unreliable postal address system will restrain the market's expansion.
Additionally, the adoption of autonomous delivery to boost demand, cut costs, and shorten lead times as a result of the multi-modal system adoption and expansion of the e-commerce sector, combined with an increase in B2C deliveries, is anticipated to open up a wide range of opportunities for the Last mile delivery market to grow and expand.
The Last mile delivery market is segmented on the delivery mode, application, destination, service type, vehicle type and mode of operation. Based on delivery mode, the market is segmented into regular, same-day, or express delivery. Based on application, the market is further categorized into e-commerce, retail and FMCG, healthcare, mails and packages and others. Based on the destination, Last mile delivery market is segmented into comestic and international. Based on service type, the market is categorized into business-to-business (B2B), business-to-consumer (B2C) and customer-to-customer (C2C). Based on vehicle type, the market is categorized into the motorcycle, LCV, HCV and drones. Based on the mode of operation, the market is segmented into non-autonomous and autonomous.
The business-to-consumer (B2C) category grabbed the highest revenue share, and it is anticipated that it will continue to hold that position during the anticipated time. This may be a result of shifting customer buying patterns, an increase in organized omnichannel retailing, and growing technological proficiency regarding mobile apps and internet platforms. Additionally, due to the continued development of emerging economies, the rise of the global middle class, and the expansion of internet access, logistic companies will be required to ship goods to end users in these nations' remote regions due to the increased demand for e-commerce.
The e-commerce category is anticipated to grow significantly over the forecast period. This can be ascribed to a growing client base, shifting consumer purchasing habits, expectations for quick and free shipment, competitive pricing, and demographic changes. As a result, businesses are focusing on developing solutions to deal with traditional logistics' demanding delivery schedule issues.
North America Last mile delivery market position is expected to record the highest market share in revenue in the near future. This can be attributed to the high rate of innovation adoption in the area and the expected increase in the efficiency of Last mile delivery. The region includes developed countries like the U.S. and Canada, which are crucial markets for e-commerce and Last mile logistics. In addition, the Asia Pacific is projected to grow rapidly in the global Last mile delivery market. This can be attributed to the expanding demand for customized workflow, automation, and the simplification of intricate operational processes, all of which have significantly impacted how businesses now conduct their business. One service that is in high demand across the country is Last mile delivery, which is offered by a large number of companies.
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Report Attribute |
Specifications |
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Market size value in 2024 |
USD 179.5 Billion |
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Revenue forecast in 2034 |
USD 481.6 Billion |
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Growth rate CAGR |
CAGR of 10.5% from 2025 to 2034 |
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Quantitative units |
Representation of revenue in US$ Bn, and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Delivery Mode, Application, Destination, Service Type, Vehicle Type And Mode Of Operation |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
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Competitive Landscape |
A1 Express Services Inc., Amazon.com, Aramex, BEST Inc, DPD, Drone Delivery Canada, Dropoff, Inc., DSV (DSV PANALPINA), FedEx, Flirtey, Flytrex, Geodis, Jet Delivery, Inc., DB Schenker, Deutsche Post AG (DHL GROUP), Kerry Logistics Network Limited, Marble Robot, Matternet, Power Link Expedite, Savioke, SF Express, United Parcel Service, Inc. (UPS), USA Couriers, XPO Logistics, Inc., and YTO Express Group Co. |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Last Mile Delivery Market Snapshot
Chapter 4. Global Last Mile Delivery Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Delivery Mode Estimates & Trend Analysis
5.1. by Delivery Mode & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Delivery Mode:
5.2.1. Regular Delivery
5.2.2. Same-Day Delivery or Express Delivery
Chapter 6. Market Segmentation 2: by Service Type Estimates & Trend Analysis
6.1. by Service Type & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Service Type:
6.2.1. E Commerce
6.2.2. Retail and FMCG
6.2.3. Healthcare
6.2.4. Mails and Packages
6.2.5. Others
Chapter 7. Market Segmentation 3: by Destination Estimates & Trend Analysis
7.1. by Destination & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Destination:
7.2.1. Domestic
7.2.2. International
Chapter 8. Market Segmentation 4: by Service Type Estimates & Trend Analysis
8.1. by Service Type & Market Share, 2024 & 2034
8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Service Type:
8.2.1. Business-To-Business (B2B)
8.2.2. Business-To-Consumer (B2C)
8.2.3. Customer-To-Customer (C2C)
Chapter 9. Market Segmentation 5: by Vehicle Type Estimates & Trend Analysis
9.1. by Vehicle Type & Market Share, 2024 & 2034
9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Vehicle Type:
9.2.1. Motorcycle
9.2.2. LCV
9.2.3. HCV
9.2.4. Drones
Chapter 10. Market Segmentation 6: by Mode of Operation Estimates & Trend Analysis
10.1. by Mode of Operation & Market Share, 2024 & 2034
10.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Mode of Operation:
10.2.1. Non-Autonomous
10.2.2. Autonomous
Chapter 11. Last Mile Delivery Market Segmentation 7: Regional Estimates & Trend Analysis
11.1. North America
11.1.1. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Delivery Mode, 2021-2034
11.1.2. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.1.3. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Destination, 2021-2034
11.1.4. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.1.5. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.1.6. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.1.7. North America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.2. Europe
11.2.1. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Delivery Mode, 2021-2034
11.2.2. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.2.3. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Destination, 2021-2034
11.2.4. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.2.5. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.2.6. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.2.7. Europe Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.3. Asia Pacific
11.3.1. Asia Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Delivery Mode, 2021-2034
11.3.2. Asia Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.3.3. Asia-Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Destination, 2021-2034
11.3.4. Asia-Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.3.5. Asia Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.3.6. Asia Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.3.7. Asia Pacific Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.4. Latin America
11.4.1. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Delivery Mode, 2021-2034
11.4.2. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.4.3. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Destination, 2021-2034
11.4.4. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.4.5. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.4.6. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.4.7. Latin America Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.5. Middle East & Africa
11.5.1. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Delivery Mode, 2021-2034
11.5.2. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.5.3. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Destination, 2021-2034
11.5.4. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Service Type, 2021-2034
11.5.5. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.5.6. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.5.7. Middle East & Africa Last Mile Delivery Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
Chapter 12. Competitive Landscape
12.1. Major Mergers and Acquisitions/Strategic Alliances
12.2. Company Profiles
12.2.1. A1 Express Services Inc
12.2.2. Amazon.com
12.2.3. Aramex
12.2.4. BEST Inc
12.2.5. DB Schenker
12.2.6. Deutsche Post AG (DHL GROUP)
12.2.7. DPD
12.2.8. Drone Delivery Canada
12.2.9. Dropoff, Inc.
12.2.10. DSV (DSV PANALPINA)
12.2.11. FedEx
12.2.12. Flirtey
12.2.13. Flytrex
12.2.14. Geodis
12.2.15. Jet Delivery, Inc.
12.2.16. Kerry Logistics Network Limited
12.2.17. Marble Robot
12.2.18. Matternet
12.2.19. Power Link Expedite
12.2.20. Savioke
12.2.21. S.F. Express
12.2.22. United Parcel Service, Inc. (UPS)
12.2.23. USA Couriers
12.2.24. XPO Logistics, Inc.
12.2.25. YTO Express Group Co
12.2.26. Other Prominent Players
Last Mile Delivery Market By Delivery Mode
Last Mile Delivery Market By Application
Last Mile Delivery Market By Destination
Last Mile Delivery Market By Service Type
Last Mile Delivery Market By Vehicle Type
Last Mile Delivery Market By Mode of Operation
Last Mile Delivery Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
