PUBLISHER: Grand View Research | PRODUCT CODE: 1363409
PUBLISHER: Grand View Research | PRODUCT CODE: 1363409
Last Mile Delivery Market Size, Share & Trends Analysis Report By Service Type (B2C, B2B, C2C), By Technology (Autonomous, Non-Autonomous), By Application, By Region, And Segment Forecasts, 2023 - 2030
Last Mile Delivery Market Growth & Trends:
The global last mile delivery market size is expected to reach USD 258.68 billion by 2030, expanding at a CAGR of 8.8% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Last-mile delivery encompasses the final stage of the logistics process, involving transporting goods from distribution centers or fulfillment hubs to the end destination, typically the customer's doorstep or a retail store. This phase is important as it directly impacts customer satisfaction and loyalty, representing the final interaction between businesses and consumers.
The market growth is primarily propelled by the rapid expansion of e-commerce and the rising demand for swift and convenient delivery options. As online shopping surges, consumers now expect same-day or next-day deliveries, prompting businesses to strive for competitive advantage by meeting these expectations. Consequently, last-mile delivery services have become a pivotal differentiating factor for companies aiming to provide exceptional customer experiences and establish market dominance.
Moreover, technological advancements significantly contribute to market growth. Innovations such as real-time tracking, route optimization, autonomous delivery vehicles, and drones are revolutionizing delivery efficiency and speed, rendering last-mile logistics more cost-effective and dependable. The market for Last Mile Delivery offers substantial opportunities for businesses to capitalize on the burgeoning e-commerce sector and address the evolving preferences of modern consumers.
Successful navigation of last-mile delivery complexities and the adoption of innovative solutions enable companies to secure a stronger foothold in this fiercely competitive landscape. Additionally, optimizing last-mile delivery in densely populated urban areas presents a promising avenue for expansion. Overall, the market for Last Mile Delivery presents promising prospects for businesses to enhance their logistics capabilities and drive customer satisfaction in the fast-paced realm of e-commerce and digital commerce.
The last-mile delivery market is highly competitive. Major players invest in Research & Development (R&D) to drive innovations. Some prominent players in the market include A1 Express Services Inc., Deutsche Post AG (DHL GROUP), Power Link Expedite, and United Parcel Service, Inc. (UPS), among others. These key players are adopting different development strategies such as product launches, and mergers & acquisitions, among others to expand their presence and market share in the last-mile delivery space. Along with key strategies, these players are introducing new features to improve the customer experience.
In June 2023, Amazon announced that it was strategizing to enlist small businesses as part of its initiative to enhance last-mile delivery operations. This project, spanning 23 states in the U.S., involves diverse small businesses such as clothing stores, florists, and bodegas. While the precise compensation details remain undisclosed, Amazon approximates that a small business could earn up to USD 27,000 annually by undertaking delivery responsibilities. The anticipated volume of deliveries for these companies is set at approximately 30 packages per day, which Amazon considers the average. This delivery commitment includes weekends but excludes major holidays, and the estimated earnings for each package delivered amount to approximately USD 2.50.
Last Mile Delivery Market Report Highlights:
- Last mile delivery pertains to the final phase of the logistics process, involving the transportation of goods from a distribution center or local hub to the ultimate destination, typically the customer's doorstep or a retail store
- The B2C service type segment dominated the market in the year 2022 with a revenue share of 70.6%
- The autonomous last-mile delivery segment is expected to expand at the highest CAGR of 17.6% from 2023 to 2030
- The food & beverages application segment is projected to advance at the fastest growth rate of 11.0% over the forecast period
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.4. Research Assumptions
- 1.5. List of Data Sources
- 1.5.1. Secondary Sources
- 1.5.2. Primary Sources
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope Outlook
- 3.1. Market Lineage Outlook
- 3.2. Last Mile Delivery Market Value Chain Analysis
- 3.3. Last Mile Delivery Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint/Challenge Analysis
- 3.3.3. Market Opportunity Analysis
- 3.4. Industry Analysis - Porter's Five Forces Analysis
- 3.4.1. Supplier Power
- 3.4.2. Buyer Power
- 3.4.3. Substitution Threat
- 3.4.4. Threat of New Entrants
- 3.4.5. Competitive Rivalry
- 3.5. Last Mile Delivery Market - PESTEL Analysis
- 3.5.1. Political Landscape
- 3.5.2. Economic Landscape
- 3.5.3. Social Landscape
- 3.5.4. Technology Landscape
- 3.5.5. Environmental Landscape
- 3.5.6. Legal Landscape
- 3.6. Impact of COVID-19 on the Last Mile Delivery Market
Chapter 4. Last Mile Delivery Market: Service Type Outlook
- 4.1. Last Mile Delivery Market, By Service Type Analysis & Market Share, 2022 & 2030
- 4.2. B2C
- 4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 4.3. B2B
- 4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 4.4. C2C
- 4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 5. Last Mile Delivery Market: Technology Outlook
- 5.1. Last Mile Delivery Market, By Technology Analysis & Market Share, 2022 & 2030
- 5.2. Autonomous
- 5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 5.3. Non-Autonomous
- 5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 6. Last Mile Delivery Market: Application Outlook
- 6.1. Last Mile Delivery Market, By Vertical Analysis & Market Share, 2022 & 2030
- 6.2. Food & Beverages
- 6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 6.3. Retail & E-Commerce
- 6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 6.4. Healthcare
- 6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
- 6.5. Others
- 6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 7. Last Mile Delivery Market: Regional Estimates & Trend Analysis
- 7.1. Last Mile Delivery Market Share by Region, 2022 & 2030
- 7.2. North America
- 7.2.1. Market estimates and forecasts, 2017 - 2030
- 7.2.2. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.2.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.2.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.5. U.S.
- 7.2.5.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.2.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.2.6. Canada
- 7.2.6.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.2.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecasts, 2017 - 2030
- 7.3.2. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.3.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.5. U.K.
- 7.3.5.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.6. Germany
- 7.3.6.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.3.7. France
- 7.3.7.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market estimates and forecasts, 2017 - 2030
- 7.4.2. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.4.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.4.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.5. India
- 7.4.5.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.6. China
- 7.4.6.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.7. Japan
- 7.4.7.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.8. South Korea
- 7.4.8.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.4.8.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.4.8.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.4.9. Australia
- 7.4.9.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.4.9.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.4.9.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Market estimates and forecasts, 2017 - 2030
- 7.5.2. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.5.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.5.6. Mexico
- 7.5.6.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.5.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market estimates and forecasts, 2017 - 2030
- 7.6.2. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.6.4. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.5. KSA
- 7.6.5.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.6. UAE
- 7.6.6.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.6.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.6.6.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
- 7.6.7. South Africa
- 7.6.7.1. Market estimates and forecasts, By Service Type, 2017 - 2030 (USD Million)
- 7.6.7.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
- 7.6.7.3. Market estimates and forecasts, By Application, 2017 - 2030 (USD Million)
Chapter 8. Last Mile Delivery Market: Competitive Landscape
- 8.1. Key Market Participants
- 8.1.1. A1 Express Services Inc.
- 8.1.2. Deutsche Post AG (DHL GROUP)
- 8.1.3. Power Link Expedite
- 8.1.4. United Parcel Service, Inc. (UPS)
- 8.1.5. FedEx
- 8.1.6. XPO Logistics, Inc.
- 8.1.7. Amazon.com
- 8.1.8. Kerry Logistics Network Limited
- 8.1.9. Drone Delivery Canada Corp.
- 8.1.10. A2Z Drone Delivery, LLC
- 8.2. Key Company Market Share Analysis, 2022
- 8.3. Company Categorization/Position Analysis, 2022
- 8.4. Strategic Mapping
- 8.4.1. Expansions
- 8.4.2. Acquisitions
- 8.4.3. Partnerships & Collaborations
- 8.4.4. Product/service launches
- 8.4.5. Others
List of Tables
- Table 1 Global Last Mile Delivery Market revenue estimates and forecast, by Service Type, 2017 - 2030 (USD Million)
- Table 2 Global Last Mile Delivery Market revenue estimates and forecast, by Technology, 2017 - 2030 (USD Million)
- Table 3 Global Last Mile Delivery Market revenue estimates and forecast, by Application, 2017 - 2030 (USD Million)
- Table 4 Global Last Mile Delivery Market revenue estimates and forecast, by region, 2017 - 2030 (USD Million)
- Table 5 Company heat map analysis
- Table 6 Key companies undertaking partnerships and collaborations
- Table 7 Key companies launching new products
List of Figures
- Fig. 1 Last Mile Delivery Market Segmentation
- Fig. 2 Information procurement
- Fig. 3 Data analysis models
- Fig. 4 Market formulation and validation
- Fig. 5 Data validating & publishing
- Fig. 6 Market snapshot
- Fig. 7 Segment snapshot (1/2)
- Fig. 8 Segment snapshot (2/2)
- Fig. 9 Competitive landscape snapshot
- Fig. 10 Last Mile Delivery Market value, 2017 - 2030 (USD Million)
- Fig. 11 Last Mile Delivery Market - Industry value chain analysis
- Fig. 12 Last Mile Delivery Market - Market trends
- Fig. 13 Last Mile Delivery Market: Porter's five forces analysis
- Fig. 14 Last Mile Delivery Market: PESTEL analysis
- Fig. 15 Last Mile Delivery Market, by Service Type: Key takeaways
- Fig. 16 Last Mile Delivery Market, by Service Type: Market share, 2022 & 2030
- Fig. 17 Last Mile Delivery Market, by Technology: Key takeaways
- Fig. 18 Last Mile Delivery Market, by Technology: Market share, 2022 & 2030
- Fig. 19 Last Mile Delivery Market, by Application: Key takeaways
- Fig. 20 Last Mile Delivery Market, by Application: Market share, 2022 & 2030
- Fig. 21 Global Last Mile Delivery Market revenue, by region, 2022 & 2030 (USD Million)
- Fig. 22 North America Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 23 U.S. Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 24 Canada Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 25 Europe Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 26 U.K. Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 27 Germany Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 28 France Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 29 Asia Pacific Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 30 India Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 31 China Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 32 Japan Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 33 Australia Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 34 South Korea Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 35 Latin America Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 36 Brazil Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 37 Mexico Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 38 Middle East & Africa Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 39 KSA Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 40 UAE Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 41 South Africa Last Mile Delivery Market estimates & forecasts, 2017 - 2030 (USD Million)
- Fig. 42 Key company categorization
- Fig. 43 Last Mile Delivery Market - Key company market share analysis, 2022.
- Fig. 44 Strategic Framework
