Last Mile Delivery Market size to grow by USD 165.6 billion from 2022 to 2027; Growth driven by growing global e-commerce industry – Technavio

NEW YORK, May 29, 2023 /PRNewswire/ — The last-mile delivery market size is set to grow by USD 165.6 billion from 2022 to 2027 progressing at a CAGR of 15.62% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing global e-commerce industry. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!

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Technavio has announced its latest market research report titled Global Last Mile Delivery Market 2023-2027
Technavio has announced its latest market research report titled Global Last Mile Delivery Market 2023-2027

The report on the last-mile delivery market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Last Mile Delivery Market 2023-2027 – Market Dynamics

Market Drivers

Growing global e-commerce industry
Premiumization of goods and merchandise delivery
Growing number of warehouses

Market Trends

Strong focus on technological advances
Strong focus on offering services to specific end-user segments
Growing integration of last mile delivery models with courier, express, and parcel companies

Market Challenges

Operational challenges for last mile delivery companies
Risks associated with damage to and theft of packages
Introduction of alternative delivery services

Last Mile Delivery Market 2023-2027: Market Segmentation

The last mile delivery market is segmented by service (B2C and B2B), Application (FMCG, e-commerce, retail, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

The market share growth by the B2C segment will be significant during the forecast period. With the increasing sales of products through e-commerce sales channels, the importance of last-mile delivery is growing significantly. By geography, APAC is projected to contribute 40% growth by 2027. The growth is attributed to the e-commerce market in China, which is the fastest-growing in APAC.

Insights on the market contribution of various segments, including country- and region-wise data, historic data (2017 to 2021), and forecast market size (2023 to 2027). View Sample Report

The last-mile delivery market covers the following areas:

Last Mile Delivery Market Sizing
Last Mile Delivery Market Forecast
Last Mile Delivery Market Analysis

Companies Mentioned

C.H. Robinson Worldwide Inc.
CEVA Logistics AG
DB Schenker
Deutsche Post AG
DSV Panalpina AS
CRST The Transportation Solution Inc.
FedEx Corp.
J.B. Hunt Transport Services Inc.
Kerry Logistics Network Ltd.
Kuehne Nagel Management AG
LaserShip Inc.
Nippon Express Holdings Inc.
Postmates Inc
Royal Mail Plc
TForce Logistics
TNT Holdings BV
United Parcel Service Inc.
United States Postal Service
Werner Enterprises Inc.
XPO Logistics Inc.

chrobinson.com- The company offers last mile delivery services such as in Home Room of Choice that includes a two person delivery team to place items in any room the customer chooses.

crst.com- The company offers last mile delivery services such as white glove delivery of big and bulky, non conveyable goods goods including furniture, appliances,and electronics into consumers homes.

dbschenker.com- The company offers last mile delivery such as Fulfillment Logistics services.

Related Reports:

Global Online On-Demand Food Delivery Services Market– The online on-demand food delivery services market is estimated to grow at a CAGR of 24.64% between 2022 and 2027. The size of the market is forecast to increase by USD 266.05 billion. 

Online Grocery Delivery Services Market– The demand for online delivery services market upsurging, the market is forecast to increase by USD 652.45 billion at a CAGR of 19.43% between 2022 and 2027.

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Last Mile Delivery Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 15.62%

Market growth 2023-2027

USD 165.6 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

13.79

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key countries

US, China, India, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

C.H. Robinson Worldwide Inc., CEVA Logistics AG, DB Schenker, Deutsche Post AG, DSV Panalpina AS, CRST The Transportation Solution Inc., FedEx Corp., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Kuehne Nagel Management AG, LaserShip Inc., Nippon Express Holdings Inc., Postmates Inc, Royal Mail Plc, TForce Logistics, TNT Holdings BV, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., and XPO Logistics Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

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 Market Segmentation by Application
Exhibit 07: Executive Summary – Chart on Incremental Growth
Exhibit 08: Executive Summary – Data Table on Incremental Growth
Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem 

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition 

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis 

Exhibit 13: Market segments

3.3 Market size 2022 

3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global last mile delivery market 2017 – 2021

Exhibit 18: Historic Market Size – Data Table on Global last mile delivery market 2017 – 2021 ($ billion)

4.2 Service Segment Analysis 2017 – 2021

Exhibit 19: Historic Market Size – Service Segment 2017 – 2021 ($ billion)

4.3 Application Segment Analysis 2017 – 2021

Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ billion)

4.4 Geography Segment Analysis 2017 – 2021

Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)

4.5 Country Segment Analysis 2017 – 2021

Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary 

Exhibit 23: Five forces analysis – Comparison between2022 and 2027

5.2 Bargaining power of buyers 

Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers 

Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants 

Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes 

Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry 

Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition 

Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Service

6.1 Market segments 

Exhibit 30: Chart on Service – Market share 2022-2027 (%)
Exhibit 31: Data Table on Service – Market share 2022-2027 (%)

6.2 Comparison by Service 

Exhibit 32: Chart on Comparison by Service
Exhibit 33: Data Table on Comparison by Service

6.3 B2C – Market size and forecast 2022-2027

Exhibit 34: Chart on B2C – Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on B2C – Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on B2C – Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on B2C – Year-over-year growth 2022-2027 (%)

6.4 B2B – Market size and forecast 2022-2027

Exhibit 38: Chart on B2B – Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on B2B – Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on B2B – Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on B2B – Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Service 

Exhibit 42: Market opportunity by Service ($ billion)

7 Market Segmentation by Application

7.1 Market segments 

Exhibit 43: Chart on Application – Market share 2022-2027 (%)
Exhibit 44: Data Table on Application – Market share 2022-2027 (%)

7.2 Comparison by Application 

Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application

7.3 FMCG – Market size and forecast 2022-2027

Exhibit 47: Chart on FMCG – Market size and forecast 2022-2027 ($ billion)
Exhibit 48: Data Table on FMCG – Market size and forecast 2022-2027 ($ billion)
Exhibit 49: Chart on FMCG – Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on FMCG – Year-over-year growth 2022-2027 (%)

7.4 E-commerce – Market size and forecast 2022-2027

Exhibit 51: Chart on E-commerce – Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on E-commerce – Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on E-commerce – Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on E-commerce – Year-over-year growth 2022-2027 (%)

7.5 Retail – Market size and forecast 2022-2027

Exhibit 55: Chart on Retail – Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Retail – Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Retail – Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Retail – Year-over-year growth 2022-2027 (%)

7.6 Others – Market size and forecast 2022-2027

Exhibit 59: Chart on Others – Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Others – Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Others – Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Others – Year-over-year growth 2022-2027 (%)

7.7 Market opportunity by Application 

Exhibit 63: Market opportunity by Application ($ billion)

8 Customer Landscape

8.1 Customer landscape overview 

Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation 

Exhibit 65: Chart on Market share by geography 2022-2027 (%)
Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison 

Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison

9.3 APAC – Market size and forecast 2022-2027

Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)

9.4 North America – Market size and forecast 2022-2027

Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)

9.5 Europe – Market size and forecast 2022-2027

Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)

9.6 South America – Market size and forecast 2022-2027

Exhibit 81: Chart on South America – Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on South America – Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America – Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa – Market size and forecast 2022-2027 

Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

9.8 China – Market size and forecast 2022-2027

Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)

9.9 US – Market size and forecast 2022-2027

Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)

9.10 Germany – Market size and forecast 2022-2027

Exhibit 97: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Germany – Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Germany – Year-over-year growth 2022-2027 (%)

9.11 India – Market size and forecast 2022-2027

Exhibit 101: Chart on India – Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on India – Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on India – Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on India – Year-over-year growth 2022-2027 (%)

9.12 France – Market size and forecast 2022-2027

Exhibit 105: Chart on France – Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on France – Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on France – Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on France – Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography 

Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers 

10.2 Market challenges 

10.3 Impact of drivers and challenges 

Exhibit 110: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends 

11 Vendor Landscape

11.1 Overview 

11.2 Vendor landscape 

Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption 

Exhibit 112: Overview on factors of disruption

11.4 Industry risks 

Exhibit 113: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered 

Exhibit 114: Vendors covered

12.2 Market positioning of vendors 

Exhibit 115: Matrix on vendor position and classification

12.3 C.H. Robinson Worldwide Inc. 

Exhibit 116: C.H. Robinson Worldwide Inc. – Overview
Exhibit 117: C.H. Robinson Worldwide Inc. – Business segments
Exhibit 118: C.H. Robinson Worldwide Inc. – Key news
Exhibit 119: C.H. Robinson Worldwide Inc. – Key offerings
Exhibit 120: C.H. Robinson Worldwide Inc. – Segment focus

12.4 CRST The Transportation Solution Inc.

Exhibit 121: CRST The Transportation Solution Inc. – Overview
Exhibit 122: CRST The Transportation Solution Inc. – Product / Service
Exhibit 123: CRST The Transportation Solution Inc. – Key offerings

12.5 DB Schenker 

Exhibit 124: DB Schenker – Overview
Exhibit 125: DB Schenker – Business segments
Exhibit 126: DB Schenker – Key offerings
Exhibit 127: DB Schenker – Segment focus

12.6 Deutsche Post AG 

Exhibit 128: Deutsche Post AG – Overview
Exhibit 129: Deutsche Post AG – Business segments
Exhibit 130: Deutsche Post AG – Key news
Exhibit 131: Deutsche Post AG – Key offerings
Exhibit 132: Deutsche Post AG – Segment focus

12.7 DSV Panalpina AS 

Exhibit 133: DSV Panalpina AS – Overview
Exhibit 134: DSV Panalpina AS – Business segments
Exhibit 135: DSV Panalpina AS – Key offerings
Exhibit 136: DSV Panalpina AS – Segment focus

12.8 FedEx Corp. 

Exhibit 137: FedEx Corp. – Overview
Exhibit 138: FedEx Corp. – Business segments
Exhibit 139: FedEx Corp. – Key offerings
Exhibit 140: FedEx Corp. – Segment focus

12.9 J.B. Hunt Transport Services Inc. 

Exhibit 141: J.B. Hunt Transport Services Inc. – Overview
Exhibit 142: J.B. Hunt Transport Services Inc. – Business segments
Exhibit 143: J.B. Hunt Transport Services Inc. – Key offerings
Exhibit 144: J.B. Hunt Transport Services Inc. – Segment focus

12.10 Kerry Logistics Network Ltd. 

Exhibit 145: Kerry Logistics Network Ltd. – Overview
Exhibit 146: Kerry Logistics Network Ltd. – Business segments
Exhibit 147: Kerry Logistics Network Ltd. – Key news
Exhibit 148: Kerry Logistics Network Ltd. – Key offerings
Exhibit 149: Kerry Logistics Network Ltd. – Segment focus

12.11 LaserShip Inc. 

Exhibit 150: LaserShip Inc. – Overview
Exhibit 151: LaserShip Inc. – Product / Service
Exhibit 152: LaserShip Inc. – Key offerings

12.12 Nippon Express Holdings Inc. 

Exhibit 153: Nippon Express Holdings Inc. – Overview
Exhibit 154: Nippon Express Holdings Inc. – Business segments
Exhibit 155: Nippon Express Holdings Inc. – Key offerings
Exhibit 156: Nippon Express Holdings Inc. – Segment focus

12.13 TNT Holdings BV 

Exhibit 157: TNT Holdings BV – Overview
Exhibit 158: TNT Holdings BV – Product / Service
Exhibit 159: TNT Holdings BV – Key offerings

12.14 United Parcel Service Inc. 

Exhibit 160: United Parcel Service Inc. – Overview
Exhibit 161: United Parcel Service Inc. – Business segments
Exhibit 162: United Parcel Service Inc. – Key offerings
Exhibit 163: United Parcel Service Inc. – Segment focus

12.15 United States Postal Service 

Exhibit 164: United States Postal Service – Overview
Exhibit 165: United States Postal Service – Business segments
Exhibit 166: United States Postal Service – Key offerings
Exhibit 167: United States Postal Service – Segment focus

12.16 Werner Enterprises Inc. 

Exhibit 168: Werner Enterprises Inc. – Overview
Exhibit 169: Werner Enterprises Inc. – Business segments
Exhibit 170: Werner Enterprises Inc. – Key offerings
Exhibit 171: Werner Enterprises Inc. – Segment focus

12.17 XPO Logistics Inc. 

Exhibit 172: XPO Logistics Inc. – Overview
Exhibit 173: XPO Logistics Inc. – Business segments
Exhibit 174: XPO Logistics Inc. – Key offerings
Exhibit 175: XPO Logistics Inc. – Segment focus

13 Appendix

13.1 Scope of the report 

13.2 Inclusions and exclusions checklist

Exhibit 176: Inclusions checklist
Exhibit 177: Exclusions checklist

13.3 Currency conversion rates for US$ 

Exhibit 178: Currency conversion rates for US$

13.4 Research methodology 

Exhibit 179: Research methodology
Exhibit 180: Validation techniques employed for market sizing
Exhibit 181: Information sources

13.5 List of abbreviations 

Exhibit 182: List of abbreviations

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