Last Mile Delivery

Global Last Mile Delivery Market to Reach US$300.5 Billion by 2030

The global market for Last Mile Delivery estimated at US$203.5 Billion in the year 2024, is expected to reach US$300.5 Billion by 2030, growing at a CAGR of 6.7% over the analysis period 2024-2030. Regular Delivery, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$192.3 Billion by the end of the analysis period. Growth in the Express Delivery segment is estimated at 8.2% CAGR over the analysis period.

The U.S. Market is Estimated at US$56.2 Billion While China is Forecast to Grow at 6.3% CAGR

The Last Mile Delivery market in the U.S. is estimated at US$56.2 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$46.6 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.0% and 5.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Global Last Mile Delivery Market - Exploring Efficiency and Innovation

What Is Last Mile Delivery and Why Is It Crucial for E-Commerce?
Last mile delivery refers to the final step of the delivery process where goods are transferred from a transportation hub to the final delivery destination. This segment is critical in e-commerce as it directly affects customer satisfaction due to its impact on delivery speed and reliability. As e-commerce continues to grow, efficient last mile delivery solutions become increasingly important for companies looking to enhance customer experiences and streamline logistic operations.

How Is Technology Transforming Last Mile Delivery?
Technological innovations such as drone deliveries, automated delivery vehicles, and dynamic routing software are revolutionizing last mile delivery. These technologies aim to reduce delivery times, cut costs, and increase delivery efficiency, particularly in urban environments. The integration of AI and real-time tracking systems also allows for better logistic management, predicting delivery windows more accurately and improving communication between couriers and customers.

What Challenges Do Last Mile Delivery Services Face?
Despite its importance, last mile delivery is the most expensive and time-consuming part of the shipping process. Challenges include urban traffic congestion, inefficient routing, and varying customer availability, which can all lead to increased costs and delayed deliveries. Additionally, the pressure to adopt eco-friendly practices adds another layer of complexity in optimizing last mile operations.

Growth in the Last Mile Delivery Market Is Driven by Several Factors
Several factors drive the growth of the last mile delivery market. The surge in online shopping, especially post-pandemic, has significantly increased the volume of deliveries, emphasizing the need for efficient last mile solutions. The growing consumer expectation for faster deliveries encourages companies to innovate and invest in this area. Environmental regulations and the push towards sustainability also spur the adoption of green delivery options, such as electric vehicles and bicycles. Additionally, the expansion of urban populations globally demands continuous improvements in delivery logistics to handle the increasing load effectively.

SCOPE OF STUDY:

The report analyzes the Last Mile Delivery market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Delivery Mode (Regular Delivery, Express Delivery); Service Type (B2C, B2B, C2C); Application (eCommerce, Retail & FMCG, Mails & Packages, Healthcare, Other Applications)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe (France; Germany; Italy; UK; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 47 Featured) -

• 2go Group, Inc.
• 8Commerce
• Airmee
• Altarede Corporate
• Atlas Logistics
• Bubble Post
• Budbee
• Cainiao Logistics
• Capstone Logistics
• Carryt

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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