Global Last Mile Delivery Market size was valued at US$ 18.69 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 18.9% through 2021 to 2027, reaching nearly US$ 62.79 Bn.
Last Mile Delivery Market Overview:
Maximize Market Research (MMR) spent a lot of time and effort investigating the Last Mile Delivery Market, focusing on each sector while considering global and regional trends. In order to create a balanced market environment, the primary drivers as well as significant restraints have been thoroughly addressed. To give readers a complete picture of the market, the research separates it into several areas, including Product, Application, Retailers, and Regions. The research also includes long-term industry estimates for the Last Mile Delivery Market.
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Market Scope:
The Last Mile Delivery market is expected to develop at a steady rate between 2021 and 2027, according to the forecast. Between 2021 and 2027, the industry is expected to grow rapidly, with leading market players putting in significant effort.
The development process is examined, as well as cost structures and development goals and objectives. This global Last Mile Delivery market report covers import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins. In the global Last Mile Delivery market, this study looks at each producer's manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Among the countries (regions) are the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
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Segmentation:
Based on the Application, the market is segmented into Logistics, Healthcare & Pharmaceuticals, Food & Beverages, Retail, and Other Applications. Logistics segment is expected to hold the largest market shares of % by 2027. Timetables for fulfilment are shifting. Consumers expect faster delivery, and shippers must move more stuff in less time. Shipments that used to take an hour to handle are now forced to be processed in three-minute intervals, if not faster. As a result, Last Mile logistics is now in a position to participate in the push for faster fulfilment. Consumers in the millennial generation are willing to spend up to 30% extra for same-day delivery.
Key Players:
• Deppon Logistics Co. Ltd
• STO Express Co. Ltd
• Cainiao Logistics
• China Post Express Logistics Co. Ltd/Express Mail Service (EMS)
• United Parcel Service of America, Inc.
• DHL International GmbH
• FedEx Corporation
• Schneider National Inc.
• XPO Logistics Inc.
• Ekart Logistics
• Amazon.com, Inc.
• CEVA Logistics AG
• DB Schenker (Deutsche Bahn AG)
• DHL (Deutsche Post AG)
• DSV A/S
• GEODIS
• DHL International GmbH
• GEODIS
• Nippon Express Co., Ltd.
• KUEHNE + NAGEL International AG
Regional Analysis:
Regional Insights in our studies guarantee that you are well-informed on the Last Mile Delivery industry on a regional level. Region-wise, we have done a wide range of high-resolution regional investigations. Global Last Mile Delivery Market research provides exact knowledge that enables market participants to compete successfully with their greatest competitors based on growth, sales, and other crucial aspects. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market's current and future trends.
COVID-19 Impact Analysis on Last Mile Delivery Market:
The COVID-19 Pandemic has the potential to disrupt global markets in three ways: by directly affecting production and demand, disrupting supply networks and marketplaces, and bankrupting businesses and financial institutions. The purpose of this research is to understand more about the current situation, the economic slump, and COVID-19's impact on the global Last Mile Delivery market.
Key Questions answered in the Last Mile Delivery Market Report are:
- Which product segment grabbed the largest share in the Last Mile Delivery market?
- How is the competitive scenario of the Last Mile Delivery market?
- Which are the key factors aiding the Last Mile Delivery market growth?
- Which region holds the maximum share in the Last Mile Delivery market?
- What will be the CAGR of the Last Mile Delivery market during the forecast period?
- Which application segment emerged as the leading segment in the Last Mile Delivery market?
- Which are the prominent players in the Last Mile Delivery market?
- What key trends are likely to emerge in the Last Mile Delivery market in the coming years?
- What will be the Last Mile Delivery market size by 2027?
- Which company held the largest share in the Last Mile Delivery market?
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