PUBLISHER: Meticulous Research | PRODUCT CODE: 1936162
PUBLISHER: Meticulous Research | PRODUCT CODE: 1936162
Last Mile Delivery Market by Service Type (B2C, B2B, C2C), Vehicle Type (Two-Wheelers, Vans & Trucks, Drones, Autonomous Vehicles), Delivery Mode (Same-Day, Express, Scheduled), Application (E-Commerce, Food & Grocery, Healthcare), and Region - Global Forecast to 2035
According to the research report titled, 'Last Mile Delivery Market by Service Type (B2C, B2B, C2C), Vehicle Type (Two-Wheelers, Vans & Trucks, Drones, Autonomous Vehicles), Delivery Mode (Same-Day, Express, Scheduled), Application (E-Commerce, Food & Grocery, Healthcare), and Region - Global Forecast to 2035,' the global last-mile delivery market is expected to reach USD 705 billion by 2035 from USD 390 billion in 2025, at a CAGR of 6.1% during the forecast period (2025-2035). The report provides an in-depth analysis of the global last mile delivery market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2035. Following extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. The major factors driving the growth of the last mile delivery market include significant e-commerce growth, rapid urbanization, technological developments in logistics and delivery systems, increasing consumer expectations for speedier delivery, and expansion of same-day and on-demand delivery services. Additionally, the development of autonomous delivery vehicles and drones, sustainability and green logistics initiatives, and integration of AI-powered route optimization are expected to create growth opportunities for players operating in the last mile delivery market.
Key Players
The key players operating in the global last mile delivery market are Amazon Logistics (U.S.), United Parcel Service of America Inc. (U.S.), FedEx Corporation (U.S.), DHL International GmbH (Germany), XPO Logistics Inc. (U.S.), USPS (U.S.), DoorDash Inc. (U.S.), Postmates/Uber Technologies Inc. (U.S.), Instacart (U.S.), JD Logistics Inc. (China), SF Express Co. Ltd. (China), Yamato Transport Co. Ltd. (Japan), DPD Group (Germany), GLS Group (Germany), Kerry Logistics Network Limited (Hong Kong), J.B. Hunt Transport Services Inc. (U.S.), Ryder System Inc. (U.S.), Lalamove (Hong Kong), Glovo (Spain), and Grab Holdings Inc. (Singapore), among others.
The last mile delivery market is segmented by service type (B2C, B2B, C2C), vehicle type (two-wheelers, vans & trucks, drones, autonomous vehicles), delivery mode (same-day, express, scheduled), application (e-commerce, food & grocery, healthcare), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on Service Type
By service type, the Business-to-Consumer (B2C) segment is expected to account for the largest share of the last mile delivery market in 2025, driven by the rise of e-commerce platforms and direct-to-consumer sales models. Business-to-Business (B2B) represents a significant segment for wholesale and bulk deliveries. Consumer-to-Consumer (C2C) represents an emerging segment driven by peer-to-peer marketplace platforms.
Based on Vehicle Type
By vehicle type, the two-wheelers segment is expected to dominate the market in 2025, owing to their efficiency in navigating congested urban environments and cost-effectiveness for small parcel deliveries. Vans & trucks represent a significant segment for medium to large parcel deliveries. Drones represent an emerging segment for specialized applications. Autonomous vehicles represent a rapidly growing segment with significant future potential.
Based on Delivery Mode
By delivery mode, the same-day delivery segment is expected to witness the highest growth rate during the forecast period, as consumers increasingly demand faster and more flexible delivery options. Express delivery represents a significant segment for time-sensitive shipments. Scheduled delivery represents a traditional segment for planned deliveries.
Based on Application
By application, the e-commerce segment is expected to account for the largest share of the last mile delivery market in 2025, driven by the continued growth of online shopping and rising consumer expectations for doorstep delivery. Food & grocery delivery represents a rapidly growing segment driven by the rise of on-demand delivery platforms. Healthcare represents a specialized segment for pharmaceutical and medical device deliveries.
Geographic Analysis
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. In 2025, North America commands the largest share of the global last mile delivery market, driven by a well-developed e-commerce ecosystem, advanced logistics infrastructure, and high consumer demand for fast delivery options. Asia-Pacific is projected to register the highest CAGR during the forecast period, fueled by rapid e-commerce expansion, increasing urbanization, and growing internet penetration in countries like China and India. China is expected to lead the Asia-Pacific last mile delivery market with a CAGR of 8.1% during the forecast period. In Europe, Germany is projected to account for the largest share of the European last mile delivery market in 2025, followed by the U.K. and France.
Key Questions Answered in the Report-
Last Mile Delivery Market Assessment -- by Service Type
Last Mile Delivery Market Assessment -- by Vehicle Type
Last Mile Delivery Market Assessment -- by Delivery Mode
Last Mile Delivery Market Assessment -- by Application
Last Mile Delivery Market Assessment -- by Geography