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!
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
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
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.
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.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Key Topics Covered:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/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-301835855.html
Top 5 Factors to Increase Your MSP Business Value
Continental Breakfast Served