The last mile delivery market in North America is fragmented, as many players are operating at the national and regional levels within the market. Key vendors constitute a significant share of the overall market revenue. New vendors are planning to enter the market due to the growing demand for last mile services among consumers, especially in the US. Vendors face challenges in maintaining margins due to the entry of a large number of players, which has resulted in a decrease in the profit margins of many last mile delivery operators. To overcome such challenges, vendors are providing industry-specific last mile services and are utilizing big data technologies to improve delivery efficiencies. Some vendors are focusing on instant and next-day deliveries, as many people are willing to pay a premium price for such services. Therefore, to survive and succeed in such a competitive environment, it becomes imperative for vendors to distinguish their product offerings through clear and unique value propositions.
The growing B2C e-commerce industry in the US has been instrumental in driving the growth of the market. However, operational challenges for last mile delivery companies might hamper the growth of market players. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. ArcBest Corp., Averitt Express Inc., AxleHire Inc., C.H. Robinson Worldwide Inc., CMA CGM Group, CRST International Inc., DDC Logistics Inc., Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., GEODIS, J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Ryder System Inc., SEKO Logistics, United States Postal Service, Washington Express LLC, Werner Enterprises Inc., and XPO Logistics Inc. are among some of the major market participants. Request a Sample Report Here
The last mile delivery market in North America is segmented as below:
By service, the B2C segment accounted for the largest share of the market in 2021. The introduction of new services by delivery operators to suit the specific needs of customers is driving the growth of the segment. In addition, increased investments in big data and consumer analytics to improve delivery times and enhance the consumer experience are expected to have a positive impact on the growth of the segment during the forecast period.
The US is the key market for last mile delivery services in North America. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The last mile delivery market in North America report covers the following areas:
Last Mile Delivery Market in North America 2022-2026: Key Highlights
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist last mile delivery market growth in North America during the next five years
- Estimation of the last mile delivery market size in North America and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the last mile delivery market in North America
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of last mile delivery market vendors in North America
Related Reports:
Last Mile Delivery Market In North America Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.48% |
Market growth 2022-2026 |
USD 74.36 billion |
Market structure |
Fragmented |
YoY growth (%) |
15.65 |
Regional analysis |
North America |
Performing market contribution |
North America at 100% |
Key consumer countries |
US, Canada, and Mexico |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
ArcBest Corp., Averitt Express Inc., AxleHire Inc., C.H. Robinson Worldwide Inc., CMA CGM Group, CRST International Inc., DDC Logistics Inc., Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., GEODIS, J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Ryder System Inc., SEKO Logistics, United States Postal Service, Washington Express LLC, 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 future consumer dynamics, and market condition analysis for the 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. |
Table of Contents:
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 Country 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 Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on North America: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Service
- 5.1 Market segments
- Exhibit 24: Chart on Service - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Service - Market share 2021-2026 (%)
- 5.2 Comparison by Service
- Exhibit 26: Chart on Comparison by Service
- Exhibit 27: Data Table on Comparison by Service
- 5.3 B2C - Market size and forecast 2021-2026
- Exhibit 28: Chart on B2C - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on B2C - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on B2C - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on B2C - Year-over-year growth 2021-2026 (%)
- 5.4 B2B - Market size and forecast 2021-2026
- Exhibit 32: Chart on B2B - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on B2B - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on B2B - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on B2B - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Service
- Exhibit 36: Market opportunity by Service ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography - 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography - 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 US - Market size and forecast 2021-2026
- Exhibit 42: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 43: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 44: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.4 Canada - Market size and forecast 2021-2026
- Exhibit 46: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.5 Mexico - Market size and forecast 2021-2026
- Exhibit 50: Chart on Mexico - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on Mexico - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on Mexico - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Mexico - Year-over-year growth 2021-2026 (%)
- 7.6 Market opportunity by geography
- Exhibit 54: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 55: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 56: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 57: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 58: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 59: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 60: Matrix on vendor position and classification
- 10.3 ArcBest Corp.
- Exhibit 61: ArcBest Corp. - Overview
- Exhibit 62: ArcBest Corp. - Business segments
- Exhibit 63: ArcBest Corp. - Key offerings
- Exhibit 64: ArcBest Corp. - Segment focus
- 10.4 CRST International Inc.
- Exhibit 65: CRST International Inc. - Overview
- Exhibit 66: CRST International Inc. - Product / Service
- Exhibit 67: CRST International Inc. - Key offerings
- 10.5 Deutsche Bahn AG
- Exhibit 68: Deutsche Bahn AG - Overview
- Exhibit 69: Deutsche Bahn AG - Business segments
- Exhibit 70: Deutsche Bahn AG - Key offerings
- Exhibit 71: Deutsche Bahn AG - Segment focus
- 10.6 Deutsche Post DHL Group
- Exhibit 72: Deutsche Post DHL Group - Overview
- Exhibit 73: Deutsche Post DHL Group - Business segments
- Exhibit 74: Deutsche Post DHL Group - Key news
- Exhibit 75: Deutsche Post DHL Group - Key offerings
- Exhibit 76: Deutsche Post DHL Group - Segment focus
- 10.7 DSV Panalpina AS
- Exhibit 77: DSV Panalpina AS - Overview
- Exhibit 78: DSV Panalpina AS - Business segments
- Exhibit 79: DSV Panalpina AS - Key offerings
- Exhibit 80: DSV Panalpina AS - Segment focus
- 10.8 FedEx Corp.
- Exhibit 81: FedEx Corp. - Overview
- Exhibit 82: FedEx Corp. - Business segments
- Exhibit 83: FedEx Corp. - Key offerings
- Exhibit 84: FedEx Corp. - Segment focus
- 10.9 J.B. Hunt Transport Services Inc.
- Exhibit 85: J.B. Hunt Transport Services Inc. - Overview
- Exhibit 86: J.B. Hunt Transport Services Inc. - Business segments
- Exhibit 87: J.B. Hunt Transport Services Inc. - Key offerings
- Exhibit 88: J.B. Hunt Transport Services Inc. - Segment focus
- 10.10 United States Postal Service
- Exhibit 89: United States Postal Service - Overview
- Exhibit 90: United States Postal Service - Business segments
- Exhibit 91: United States Postal Service - Key offerings
- Exhibit 92: United States Postal Service - Segment focus
- 10.11 Werner Enterprises Inc.
- Exhibit 93: Werner Enterprises Inc. - Overview
- Exhibit 94: Werner Enterprises Inc. - Business segments
- Exhibit 95: Werner Enterprises Inc. - Key offerings
- Exhibit 96: Werner Enterprises Inc. - Segment focus
- 10.12 XPO Logistics Inc.
- Exhibit 97: XPO Logistics Inc. - Overview
- Exhibit 98: XPO Logistics Inc. - Business segments
- Exhibit 99: XPO Logistics Inc. - Key offerings
- Exhibit 100: XPO Logistics Inc. - Segment focus
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 101: Inclusions checklist
- Exhibit 102: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 103: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 104: Research methodology
- Exhibit 105: Validation techniques employed for market sizing
- Exhibit 106: Information sources
- 11.5 List of abbreviations
- Exhibit 107: List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.
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