PUBLISHER: Allied Market Research | PRODUCT CODE: 1065653
PUBLISHER: Allied Market Research | PRODUCT CODE: 1065653
The last mile delivery, also known as last mile logistics, is the last leg of a journey comprising the movement of goods from a transportation hub or warehouse to the final delivery destination. Last mile delivery aims to deliver items to customers as quickly as possible while minimizing company costs. It is the front face of any e-commerce business that engages with consumers.
The prominent factors that drive the growth of the KSA last mile delivery market include development of the e-commerce industry and increase in trading activities due to globalization. However, poor infrastructure & higher logistics costs and lack of control of manufacturers & retailers on logistics service hamper the growth of the market.
Conversely, surge in adoption of electric vehicles for cost-effective delivery, introduction of autonomous vehicles for last mile delivery purpose, and rise in number of urban warehouses for meet the growing demands are anticipated to open new avenues for the expansion of the KSA last mile delivery market during the forecast period.
The KSA last mile delivery market has been segmented into service type, delivery time, and end use. Depending on service type, the market is bifurcated into B2B and B2C. On the basis of delivery time, it is segregated into regular delivery and express/same-day delivery. By end use, it is fragmented into e-commerce, retail & FMCG, healthcare, mails & packages, and others.
The key players profiled in the report include Beam Abdul Latif Jameel (S:mile), Agility, Ajex, ARAMEX, Aymakan, Bahri, Careem, CMA CGM Group(CEVA Logistics), Diggipacks, Kintetsu World Express, Inc., Kuehne+Nagel, Masar Tracking, NAQEL EXPRESS. SAEE, Safe Arrival, SALASA, Saudi Post, SMSA Express Transportation Company Ltd., Thabit Logistics, and Zajil Express.