Last Mile Delivery Market: 39% of Growth to Originate from North America | By Service (B2C and B2B) and Geography | Forecast and Analysis 2021-2025

• In-Scope:
• B2C:

The last mile delivery market share growth by the B2C segment will be significant during the forecast period. The B2C last mile usually involves the delivery of small parcels or lightweight loads, unlike B2B last mile delivery. The surge in e-commerce sales is one of the crucial factors driving the segment growth of the market in focus. With the growing volume of products ordered through e-commerce sales channels, the importance of efficient last mile delivery has increased gradually. 

• Out-of-Scope:
• B2B

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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the Last Mile Delivery Market includes the following core components:

• Shippers
• Truck operators
• Trucking carriers
• Consignees
• Marketing and sales
• Services
• Support activities

Highlights-

• Segmentation- The report extensively covers market segmentation by Service (B2C and B2B) and Geography (North America, Europe, APAC, MEA, and South America)
• Key Companies- Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Schenker AG, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., and XPO Logistics Inc. among others
• Driver- Growing global E-commerce industry to drive the market.
• Challenge- Maintaining profitability while ensuring transparency and improving delivery efficiency to hamper the market growth 

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Vendor Insights-

The last mile delivery market is fragmented and the vendors are providing industry-specific last-mile services and utilizing big data technology to compete in the market.

• Deutsche Post DHL Group- The company offers Green last mile and line haul which reduce fuel consumption through permanent network improvements.
• FedEx Corp.- The company offers e-Commerce shipping solutions that help to grow client business.
• J.B. Hunt Transport Services Inc.- The company offers Final mile serivices which delivers applications, furniture and fitness equipment.

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Learn More about Key Driver & Challenge of the Market-

• Last Mile Delivery Market Driver:
• Growing global E-commerce industry:

The increasing penetration of the Internet and online shopping has significantly contributed to the growth of the B2C e-commerce industry across the globe. With such rapid adoption of e-commerce, e-retailers are adopting reduced lead times to gain a competitive edge and survive in the market. End-users are willing to pay extra for the speedy delivery of products. Online retailing has also changed the way customers and retailers interact with each other. Nowadays, instead of visiting brick-and-mortar stores to make purchases, a large number of people prefer to shop online due to the ease of making purchases and the convenience of at-home shopping. Online shopping also saves time. The online retailing market in North American countries is expected to witness further expansion and investments during the forecast period, thus driving the demand for last mile delivery services during the forecast period.

• Last Mile Delivery Market Challenge:
• Maintaining profitability while ensuring transparency and improving delivery efficiency:

A major challenge associated with last mile delivery operations is maintaining profitability while ensuring transparency and improving delivery efficiency. In the case of last mile delivery, individual deliveries need to be made to numerous locations across a region, which drives up the logistics costs. The major costs associated with last mile delivery include labor and fuel costs. Also, online shoppers prefer to track the goods being transported, which requires further investments by service providers. Real-time tracking requires additional geolocation-related infrastructure and the use of technologies such as radio frequency identification (RFID) sensors and the generation of tracking codes at each delivery station. These technologies are expensive, which leads to the further escalation of the delivery charges. Thus, the operational challenges faced by last mile delivery companies are expected to hamper the growth of the global last mile delivery market during the forecast period.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Service

• Market segments
• Comparison by Service
• B2C - Market size and forecast 2020-2025
• B2B - Market size and forecast 2020-2025
• Market opportunity by Service

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Deutsche Post DHL Group
• DSV Panalpina AS
• FedEx Corp.
• J.B. Hunt Transport Services Inc.
• Schenker AG
• United Parcel Service Inc.
• United States Postal Service
• Werner Enterprises Inc.
• XPO Logistics Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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