Last Mile Delivery market is valued at 30200 million USD in 2018 and is expected to reach 47000 million USD by the end of 2024, growing at a CAGR of 9.3% between 2019 and 2024.
Last Mile Delivery is a term used in supply chain management and transportation planning to describe the movement of people and goods from a transportation hub to a final destination in the home, in this report, the Last Mail Delivery covered 3C Products, Fresh Products and others like clothes, shoes, daily necessities, etc.
The scope of the Report:
Dedicated e-commerce warehousing and distribution contracts are increasingly being awarded to logistics providers. A key trend in the global logistics industry is the provision of value-added services and bespoke solutions. Logistics providers are increasing their focus on specific industry sectors such as high-technology, automotive and pharmaceuticals, and offering additional value-added services that make their services more relevant for client needs. New technologies are finding their way into logistics services in order to improve productivity and enhance service. New logistics technologies being developed include vehicle management software, self-driving vehicles, robotics, internet of things applications and augmented reality. The largest logistics providers are characterized by differing service lines, asset ownership models, geographical scope and types of customers they serve.
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Market growth will also be driven by the continued outsourcing of supply chain activity to third-party logistics providers. This includes an increase in the scope of contracts when they are renewed. However, a key factor which will offset the impact of this on market growth is the efficiency savings made by logistics providers which are passed back to clients. Further consolidation is expected as logistics providers seek to add new service capabilities and geographical scope to enable them to support global clients and hence, build their position in the competitive global market.
The Asia-Pacific will occupy for more market share in the following years, especially in China, also fast-growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from the United States might affect the development trend of Last Mile Delivery.
Europe also plays important roles in the global market, with a market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Last Mile Delivery market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in the global market and splits the Last Mile Delivery market by product type and applications/end industries.
Market Segment by Companies, this report covers
UPS Supply Chain Solutions
DHL Supply Chain & Global Forwarding
Kuehne + Nagel
DB Schenker Logistics
J.B. Hunt JBI, DCS & ICS
Hitachi Transport System
Expeditors International of Washington
C.H. Robinson Worldwide
Market Segment by Regions, regional analysis covers
North America United States, Canada and Mexico
Europe Germany, France, UK, Russia and Italy
Asia-Pacific China, Japan, Korea, India and Southeast Asia
South America Brazil, Argentina, Colombia
Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Market Segment by Type, covers
Market Segment by Applications can be divided into
1 Last Mile Delivery Market Overview
2 Manufacturers Profiles
3 Global Last Mile Delivery Market Competition, by Players
4 Global Last Mile Delivery Market Size by Regions
5 North America Last Mile Delivery Revenue by Countries
6 Europe Last Mile Delivery Revenue by Countries
7 Asia-Pacific Last Mile Delivery Revenue by Countries
8 South America Last Mile Delivery Revenue by Countries
9 Middle East and Africa Revenue Last Mile Delivery by Countries
10 Global Last Mile Delivery Market Segment by Type
11 Global Last Mile Delivery Market Segment by Application
12 Global Last Mile Delivery Market Size Forecast 2019-2024
13 Research Findings and Conclusion
Name: Jennifer Daniel
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Organization: Planet Market Reports