NEW YORK, Aug. 5, 2022 /PRNewswire/ — 35% of the LAST MILE DELIVERY MARKET growth will originate from North America during the forecast period. Last mile or last mile logistics refers to the movement of goods from a transportation hub or warehouse to their final delivery destination. Delivery to the end customer is, in most cases, the last step of the process. The aim of last-mile logistics is to deliver items to the end customer as fast as possible while minimizing the cost incurred in the logistics process. Moreover, Technavio categorizes the last mile delivery market as a part of the global trucking industry within the global transportation sector. The parent global trucking industry covers companies engaged in goods and passenger land transportation, including vehicle rental and taxi companies.
With ISO 9001:2015 certification, Technavio is delivering key market insights to more
than 100 Fortune 500 companies for over 16 years. Browse summary of the 139 page
LAST MILE DELIVERY MARKET report to learn more
Key Market Driver: Growing Global E-commerce Industry to Boost Growth
The increasing penetration of the internet and online shopping has significantly contributed to the growth of the B2C e-commerce industry across the globe. Internet penetration across the globe already crossed 65%, thus giving access to more consumers to e-commerce channels.
With such rapid adoption of e-commerce, e-retailers are adopting reduced lead times to gain a competitive edge and survive in the market. Moreover, the demand for last-mile delivery from each end-user (individuals who place orders) varies.
Moreover, end-users are willing to pay extra for the speedy delivery of products. Thus, the changes in the needs of e-retailers and end-users are boosting the demand for last-mile delivery services in the B2C e-commerce industry in the US.
To learn about additional key drivers, trends, and challenges available with
Technavio. REQUEST FREE SAMPLE REPORT (INCLUDING GRAPHS & TABLES) OF
THIS MARKET
COVID Impact and Recovery Analysis
The e-commerce industry in this region witnessed a significant rise due to the COVID-19 pandemic, particularly in 2020. The shoppers turned to the internet for their shopping needs due to the temporary closure of offline stores, e-commerce sales increased in the region. Hence, the rise in e-commerce sales is expected to positively impact the growth of the market in the region during the forecast period.
Last Mile Delivery Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 13.1% |
Market growth 2022-2026 |
$ 143.75 billion |
Market structure |
Fragmented |
YoY growth (%) |
13.48 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
North America at 35% |
Key consumer countries |
US, China, Germany, UK, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
C.H. Robinson Worldwide Inc., CEVA Logistics AG, CRST International Inc., DB Schenker, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Kuehne Nagel International AG, LaserShip Inc., Nippon Express Holdings Inc., Royal Mail Plc, TForce Logistics, TNT Holdings BV, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., XPO Logistics Inc., and Yellow Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Some of the Major Companies Mentioned
C.H. Robinson Worldwide Inc.
CEVA Logistics AG
CRST International Inc.
DB Schenker
Deutsche Post AG
DSV Panalpina AS
FedEx Corp.
J.B. Hunt Transport Services Inc.
Kerry Logistics Network Ltd.
Kuehne Nagel International AG
LaserShip Inc.
Nippon Express Holdings Inc.
Royal Mail Plc
TForce Logistics
TNT Holdings BV
United Parcel Service Inc.
United States Postal Service
Werner Enterprises Inc.
XPO Logistics Inc.
Yellow Corp.
The last-mile delivery market is fragmented, and the vendors are deploying growth
strategies such as instant and next-day deliveries to compete in the market.
To gain access for 20+ vendor profiles with their key offerings available with
Technavio. DOWNLOAD FREE SAMPLE REPORT OF THIS MARKET
Segmentation Analysis & Forecasts
Service
Geography
North America
Europe
APAC
Middle East and Africa
South America
READ FREE SAMPLE COPY OF THIS REPORT using business Email ID to gain further
insights on the market contribution & share of various segments & regions on higher
priority
Related Reports
Browse Summary of 119 Page LAST MILE DELIVERY MARKET IN NORTH AMERICA Report by Service and Geography – Forecast and Analysis 2022-2026: The market value is set to grow by USD 74.36 billion, progressing at a CAGR of 16.48% from 2021 to 2026, as per the latest report by Technavio. Furthermore, this report extensively covers last mile delivery market segmentation in North America by Service (B2C and B2B) and Geography (The US, Canada, and Mexico).
Browse Summary of 120 Page Last Mile Delivery Market in Brazil Report by End-user and Service – Forecast and Analysis 2021-2025: The market value is set to grow by USD 1.76 billion, progressing at a CAGR of 10.32% from 2020 to 2025, as per the latest report by Technavio. The last mile delivery market report of Brazil also offers information on several market vendors, including CRST International Inc., Deutsche Post DHL Group, DSV Panalpina AS, and more.
Table of Contents
Table of Content:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
4.1 Five forces summary
Exhibit 17: Five forces analysis – Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition – Five forces 2021 and 2026
5 Market Segmentation by Service
5.1 Market segments
Exhibit 24: Chart on Service – Market share 2021-2026 (%)
Exhibit 25: Data Table on Service – Market share 2021-2026 (%)
5.2 Comparison by Service
Exhibit 26: Chart on Comparison by Service
Exhibit 27: Data Table on Comparison by Service
5.3 B2C – Market size and forecast 2021-2026
Exhibit 28: Chart on B2C – Market size and forecast 2021-2026 ($ billion)
Exhibit 29: Data Table on B2C – Market size and forecast 2021-2026 ($ billion)
Exhibit 30: Chart on B2C – Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on B2C – Year-over-year growth 2021-2026 (%)
5.4 B2B – Market size and forecast 2021-2026
Exhibit 32: Chart on B2B – Market size and forecast 2021-2026 ($ billion)
Exhibit 33: Data Table on B2B – Market size and forecast 2021-2026 ($ billion)
Exhibit 34: Chart on B2B – Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on B2B – Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Service
Exhibit 36: Market opportunity by Service ($ billion)
6 Customer Landscape
6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 North America – Market size and forecast 2021-2026
Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ billion)
Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ billion)
Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)
7.4 Europe – Market size and forecast 2021-2026
Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ billion)
Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ billion)
Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)
7.5 APAC – Market size and forecast 2021-2026
Exhibit 50: Chart on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 51: Data Table on APAC – Market size and forecast 2021-2026 ($ billion)
Exhibit 52: Chart on APAC – Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC – Year-over-year growth 2021-2026 (%)
7.6 Middle East and Africa – Market size and forecast 2021-2026
Exhibit 54: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
Exhibit 55: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ billion)
Exhibit 56: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
7.7 South America – Market size and forecast 2021-2026
Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ billion)
Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
7.8 US – Market size and forecast 2021-2026
Exhibit 62: Chart on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 63: Data Table on US – Market size and forecast 2021-2026 ($ billion)
Exhibit 64: Chart on US – Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US – Year-over-year growth 2021-2026 (%)
7.9 China – Market size and forecast 2021-2026
Exhibit 66: Chart on China – Market size and forecast 2021-2026 ($ billion)
Exhibit 67: Data Table on China – Market size and forecast 2021-2026 ($ billion)
Exhibit 68: Chart on China – Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China – Year-over-year growth 2021-2026 (%)
7.10 Germany – Market size and forecast 2021-2026
Exhibit 70: Chart on Germany – Market size and forecast 2021-2026 ($ billion)
Exhibit 71: Data Table on Germany – Market size and forecast 2021-2026 ($ billion)
Exhibit 72: Chart on Germany – Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Germany – Year-over-year growth 2021-2026 (%)
7.11 UK – Market size and forecast 2021-2026
Exhibit 74: Chart on UK – Market size and forecast 2021-2026 ($ billion)
Exhibit 75: Data Table on UK – Market size and forecast 2021-2026 ($ billion)
Exhibit 76: Chart on UK – Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK – Year-over-year growth 2021-2026 (%)
7.12 France – Market size and forecast 2021-2026
Exhibit 78: Chart on France – Market size and forecast 2021-2026 ($ billion)
Exhibit 79: Data Table on France – Market size and forecast 2021-2026 ($ billion)
Exhibit 80: Chart on France – Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on France – Year-over-year growth 2021-2026 (%)
7.13 Market opportunity by geography
Exhibit 82: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business
10 Vendor Analysis
10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 CRST International Inc.
Exhibit 89: CRST International Inc. – Overview
Exhibit 90: CRST International Inc. – Product / Service
Exhibit 91: CRST International Inc. – Key offerings
10.4 DB Schenker
Exhibit 92: DB Schenker – Overview
Exhibit 93: DB Schenker – Business segments
Exhibit 94: DB Schenker – Key offerings
Exhibit 95: DB Schenker – Segment focus
10.5 Deutsche Post AG
Exhibit 96: Deutsche Post AG – Overview
Exhibit 97: Deutsche Post AG – Business segments
Exhibit 98: Deutsche Post AG – Key news
Exhibit 99: Deutsche Post AG – Key offerings
Exhibit 100: Deutsche Post AG – Segment focus
10.6 DSV Panalpina AS
Exhibit 101: DSV Panalpina AS – Overview
Exhibit 102: DSV Panalpina AS – Business segments
Exhibit 103: DSV Panalpina AS – Key offerings
Exhibit 104: DSV Panalpina AS – Segment focus
10.7 FedEx Corp.
Exhibit 105: FedEx Corp. – Overview
Exhibit 106: FedEx Corp. – Business segments
Exhibit 107: FedEx Corp. – Key offerings
Exhibit 108: FedEx Corp. – Segment focus
10.8 J.B. Hunt Transport Services Inc.
Exhibit 109: J.B. Hunt Transport Services Inc. – Overview
Exhibit 110: J.B. Hunt Transport Services Inc. – Business segments
Exhibit 111: J.B. Hunt Transport Services Inc. – Key offerings
Exhibit 112: J.B. Hunt Transport Services Inc. – Segment focus
10.9 United Parcel Service Inc.
Exhibit 113: United Parcel Service Inc. – Overview
Exhibit 114: United Parcel Service Inc. – Business segments
Exhibit 115: United Parcel Service Inc. – Key offerings
Exhibit 116: United Parcel Service Inc. – Segment focus
10.10 United States Postal Service
Exhibit 117: United States Postal Service – Overview
Exhibit 118: United States Postal Service – Business segments
Exhibit 119: United States Postal Service – Key offerings
Exhibit 120: United States Postal Service – Segment focus
10.11 Werner Enterprises Inc.
Exhibit 121: Werner Enterprises Inc. – Overview
Exhibit 122: Werner Enterprises Inc. – Business segments
Exhibit 123: Werner Enterprises Inc. – Key offerings
Exhibit 124: Werner Enterprises Inc. – Segment focus
10.12 XPO Logistics Inc.
Exhibit 125: XPO Logistics Inc. – Overview
Exhibit 126: XPO Logistics Inc. – Business segments
Exhibit 127: XPO Logistics Inc. – Key offerings
Exhibit 128: XPO Logistics Inc. – Segment focus
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 129: Inclusions checklist
Exhibit 130: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 131: Currency conversion rates for US$
11.4 Research methodology
Exhibit 132: Research methodology
Exhibit 133: Validation techniques employed for market sizing
Exhibit 134: Information sources
11.5 List of abbreviations
Exhibit 135: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
SOURCE Technavio