Global Last Mile Delivery Market Report to 2031 - Featuring Geodis, Jet Delivery, Kerry Logistics Network and Marble Robot Among Others - ResearchAndMarkets.com

This last phase of supply chain is less efficient and comprises major part of total cost to move goods from transportation hub to destination and this problem is termed as Last Mile Problem. At present, retailers have started the search for alternatives to meet the customers need as traditional methods of delivery are not successful in all the regions. Transportation partners have started looking for delivery alternatives such as local regional carriers, drones, click-to-collect locations, and others, to provide faster last mile delivery.

Leading automobile companies are coming up with innovation in the last mile delivery market that are to be commercialized in future. For instance, 'Vans & Drones' and 'Vans & Robots' are projects by Mercedes-Benz in which drones deliver packages to the landing sites or vans roof. This system is developed in partnership with a drone startup company from Silicon Valley, Matternet.

The factors such as development of e-commerce industry, increase in trading activities due to globalization, technological advancements in delivery vehicles, and increase in demand for fast delivery of packages drives the last mile delivery market growth.

However, poor infrastructure & higher logistics costs, lack of control of manufacturers and retailers on logistics service, and imprecise postal address system is expected to hamper the growth of the market. Further, the adoption autonomous delivery to reinforce the demand, cost cutting & lead time reduction due to adoption of multi-modal system, and growing e-commerce industry coupled with rise in B2C deliveries is expected to create numerous opportunities for the growth and expansion of the last mile delivery market.

For the purpose of analysis, the global last mile delivery market is segmented on the basis of service, vehicle type, mode of operation, delivery mode, application, and destination. Based on service, the market is categorized into business-to-business (B2B), business-to-consumer (B2C), and customer-to-customer (C2C). Based on the vehicle type, it is fragmented into motorcycle, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and drones.

Depending on the mode of operation, it is classified into non-autonomous and autonomous. By delivery mode, it is fragmented into regular delivery and same-day delivery or express delivery. Based on application, the market is further classified into e-commerce, retail and FMCG, healthcare, mails and packages, and others. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits

Key Market Segments

By Delivery Mode

By Application

By Destination

By Service Type

By Vehicle Type

By Mode of Operation

By Region

Key Market Players

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KEYWORD:
    

INDUSTRY KEYWORD: TRANSPORT LOGISTICS/SUPPLY CHAIN MANAGEMENT
    

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 12/05/2022 10:26 AM/DISC: 12/05/2022 10:26 AM

http://www.businesswire.com/news/home/20221205005525/en