Last Mile Delivery Market Report: Trends, Forecast and Competitive Analysis to 2030

Last Mile Delivery Trends and Forecast

The future of the global last mile delivery market looks promising with opportunities in the food & beverage, retail & e-commerce, and healthcare markets. The global last mile delivery market is expected to reach an estimated $183.9 billion by 2030 with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are increasing consumer expectations for same-day or next-day deliveries, growth of the electronic commerce sector, as well as, rise in trade due to globalization and improvements in delivery vehicles.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Last Mile Delivery by Segment

The study includes a forecast for the global last mile delivery by technology, service type, application, and region.

Last Mile Delivery Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Autonomous
• Non-Autonomous

Last Mile Delivery Market by Service Type [Shipment Analysis by Value from 2018 to 2030]:

• B2C
• B2B
• C2C

Last Mile Delivery Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Food & Beverages
• Retail & E-Commerce
• Healthcare
• Others

Last Mile Delivery Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Last Mile Delivery Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies last mile delivery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the last mile delivery companies profiled in this report include-

• A1 Express Services
• Deutsche Post
• Power Link Expedite
• United Parcel Service
• FedEx
• XPO Logistics
• Amazon.com
• Kerry Logistics Network
• Drone Delivery Canada
• A2Z Drone Delivery

Last Mile Delivery Market Insights

Lucintel forecasts that non-autonomous will remain larger segment over the forecast period due to the cost-effectiveness, adaptability, and flexibility of non-autonomous last-mile solutions.

Within this market, retail & e-commerce will remain the largest segment due to the timely and effective transfer of commodities from distribution centers or fulfillment centers to the final destination.

North America will remain the largest region over the forecast period due to the increase in e-commerce operations, with an increasing number of consumers preferring online shopping for its convenience and product diversity.

Features of the Global Last Mile Delivery Market

Market Size Estimates: Last mile delivery market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Last mile delivery market size by technology, service type, application, and region in terms of value ($B).

Regional Analysis: Last mile delivery market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technology, service type, application, and regions for the last mile delivery market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the last mile delivery market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the last mile delivery market size?

Answer: The global last mile delivery market is expected to reach an estimated $183.9 billion by 2030.

Q2. What is the growth forecast for last mile delivery market?

Answer: The global last mile delivery market is expected to grow with a CAGR of 7.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the last mile delivery market?

Answer: The major drivers for this market are increasing consumer expectations for same-day or next-day deliveries, growth of the electronic commerce sector, as well as, rise in trade due to globalization and improvements in delivery vehicles.

Q4. What are the major segments for last mile delivery market?

Answer: The future of the global last mile delivery market looks promising with opportunities in the food & beverage, retail & e-commerce, and healthcare markets.

Q5. Who are the key last mile delivery market companies?

Answer: Some of the key last mile delivery companies are as follows:

• A1 Express Services
• Deutsche Post
• Power Link Expedite
• United Parcel Service
• FedEx
• XPO Logistics
• Amazon.com
• Kerry Logistics Network
• Drone Delivery Canada
• A2Z Drone Delivery

Q6. Which last mile delivery market segment will be the largest in future?

Answer: Lucintel forecasts that non-autonomous will remain larger segment over the forecast period due to the cost-effectiveness, adaptability, and flexibility of non-autonomous last-mile solutions.

Q7. In last mile delivery market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the increase in e-commerce operations, with an increasing number of consumers preferring online shopping for its convenience and product diversity.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the last mile delivery market by technology (autonomous and non-autonomous), service type (B2C, B2B, and C2C), application (food & beverages, retail & e-commerce, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?