Last Mile Logistics Market size was valued at USD 200 Billion in 2024 and is forecasted to grow at a CAGR of 8.5% from 2026 to 2033, reaching USD 400 Billion by 2033.
The global Last Mile Logistics Market was valued at USD 120.55 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 17.2% from 2023 to 2030. North America dominated the market with a share of approximately 32% in 2022, driven by the high demand for efficient delivery services in urban and suburban areas. The Asia Pacific region is anticipated to witness the fastest growth, projected to expand at a CAGR of 18.5% during the forecast period. This growth is attributed to rapid urbanization, the rise in e commerce activities, and the increasing adoption of advanced logistics technologies across emerging economies like China and India. Europe, with its well established e commerce sector, held a significant market share of around 28% in 2022 and is expected to maintain steady growth in the coming years. The growing need for faster delivery times and the rise of same day delivery services have been the major drivers of market growth in the region. The Middle East and Africa (MEA) market is also experiencing considerable growth, particularly in the UAE and Saudi Arabia, due to the expansion of retail and e commerce sectors. Latin America, on the other hand, is expected to experience moderate growth, with countries like Brazil leading the market. The increasing demand for cost effective, efficient delivery solutions, coupled with the expansion of e commerce and the need for sustainable logistics options, presents significant opportunities for the growth of the Last Mile Logistics Market across all regions. This trend is expected to continue, with companies focusing on improving their infrastructure, integrating automation, and utilizing electric vehicles to optimize delivery services and reduce operational costs.
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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
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Last Mile Logistics Market
B2B E-commerce
B2C E-commerce
Marketplace E-commerce
Same-Day Delivery
Next-Day Delivery
Standard Delivery
Road Transport
Air Transport
Rail Transport
Marine Transport
Small Packages
Medium Packages
Large Packages
Retail
Automotive
Healthcare
Manufacturing
Electronics
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Last Mile Logistics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Last Mile Logistics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Last Mile Logistics Market, By Type
6. Global Last Mile Logistics Market, By Application
7. Global Last Mile Logistics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Last Mile Logistics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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