The Global First and Last Mile Delivery Market will reach USD 288.38 Billion by 2030, and is projected to register a CAGR of 6.12% over the forecast period 2022 to 2030.

First and Last Mile Delivery Market Overview

Moving products from a merchant's premises or warehouse to the next hub, from where items are shipped further afield, is known as first-mile delivery. Last mile delivery is the process of delivering packaged goods from the shipping company's warehouse to the customer's address. Also, for e-commerce companies, first-mile delivery is considered a process in which goods are picked from retailers and then further transferred to courier service providers or third-party logistics providers. Once the goods are received by warehouses or courier service providers, they can be delivered to the final consumer. Furthermore, top last mile delivery companies are investing heavily in developing last mile delivery solutions. Digitization of the retail industry, popularity of e-commerce platforms, and increasing preference of consumers for online shopping are some of the factors expected to drive the first and last mile delivery market. Likewise, advancements in delivery services such as artificial intelligence, robotics, and drones for warehouse automation and first and last mile logistics development are expected to expand the first and last mile delivery market size over the forecast period.

The First and Last Mile Delivery has recently published by Contrive Datum Insights to its huge database which helps to shape the future of the businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global First and Last Mile Delivery market.

Some Of the key players study are the

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker Logistics, Nippon Express, GEODIS, CEVA Logistics, J.B. Hunt (JBI, DCS & ICS), Agility, China POST, Hitachi Transport System, DSV, YTO Express, Panalpina, Toll Holdings, Expeditors International of Washington, GEFCO, ZTO Express, STO Express, Dachser, C.H. Robinson Worldwide, Sinotrans, Yusen Logistics., and others.

Industry Development:

• In April 2021, DHL Express partnered with Fiat Professional to further electrify last-mile delivery. This is another step towards DHL Express' goal of electrifying 60% of its fleet by 2030.
• In March 2018, FedEx acquired P2P Mailing Limited, a global e-commerce shipping solutions provider, for US$129.8 million, significantly enhancing its last-mile network.
• In May 2019, DHL Express launched the first scheduled fully automated smart city drone delivery service. The company plans to further develop and upgrade the smart drone delivery solution for last-mile delivery.

What are the major Applications, Types, and Regions for the First and Last Mile Delivery Market?

By Type

• Dry Goods
• Postal
• Liquid Goods

By Vehicle Type

• Light Duty Vehicle
• Medium Duty Vehicle
• Heavy Duty Vehicle

By End-use

• Chemical
• Pharmaceutical and Healthcare
• FMCG
• Hi-tech Product Industry
• Food and Beverage
• Others

First and Last Mile Delivery Market Regional Insights:

North America is expected to be the major regional market. The continued growth of e-commerce in U.S. retail has dramatically increased the number of packages delivered each day and raised customer expectations for fast and free delivery.
The Asia Pacific region dominates the global first and last mile delivery market. Growing population; increasing demand for goods; presence of third-party logistics (3PL) service providers offering first- and last-mile delivery; and surge in online shopping trends are some of the major factors driving the Asia Pacific market.
Several software companies in the Asia-Pacific region are developing first-mile logistics software that can manage and control first-mile delivery operations without human intervention and with full visibility, further enhancing the convenience of production orders for customers. The large population in the Asia-Pacific region provides a large consumer base for the development of online retailing, which further promotes transportation services involving first-mile and last-mile delivery.

Geographically, the global First and Last Mile Delivery market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

First and Last Mile Delivery Market report scope:
Market Dynamics:

Market Drivers

• Technology-driven platforms are becoming more and more popular.
• Cost of delivery goes down.
• Getting better delivery vehicles on the ground.
• Developing countries are getting more and more Internet and smartphones.

Market Restraints

• Poor management of delivery operations in the last mile.
• There are strict rules about how ground delivery vehicles can be used.

Market Opportunities

• Growing e-commerce business.
• Automation is becoming more common in warehouses and delivery processes.

Frequently Asked Questions (FAQ) about the First and Last Mile Delivery market:

What is the CAGR of the global First and Last Mile Delivery market?

The First and Last Mile Delivery Market is growing at a CAGR of 13.8% During Forecast Period.

Which region would offer high growth for vendors in the First and Last Mile Delivery market?

North America is expected to be the major regional market. The continued growth of e-commerce in U.S. retail has dramatically increased the number of packages delivered each day and raised customer expectations for fast and free delivery.

Which Is the Most potential market segment?

By Type

• Dry Goods
• Postal
• Liquid Goods

By Vehicle Type

• Light Duty Vehicle
• Medium Duty Vehicle
• Heavy Duty Vehicle

Which are the top industry players in the First and Last Mile Delivery market?

UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker Logistics, Nippon Express, GEODIS, CEVA Logistics, J.B. Hunt (JBI, DCS & ICS), Agility, China POST, Hitachi Transport System, DSV, YTO Express, Panalpina, Toll Holdings, Expeditors International of Washington, GEFCO, ZTO Express, STO Express, Dachser, C.H. Robinson Worldwide, Sinotrans, Yusen Logistics.

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