Last Mile Delivery Transportation Market Size to Rake US$ 390 billion by 2027

According to Report, the last mile delivery transportation market is expected to grow at a CAGR of 3% during forecast period 2021 to 2030 and is projected to reach around US$ 390 billion by 2027.

Rise in trade and more distance between manufacturing units and end users is likely to boost the market for transportation during the forecast period. In developing and major emerging economies, transportation of products and goods by means of roadways plays an integral role. Moreover, this mode of transport is cost-effective for door-to-door service, owing to improved road infrastructure. This is anticipated to propel the last mile delivery transportation market during the forecast period.

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Increase in industrialization and preference toward e-tailing is estimated to boost the last mile delivery transportation market. Online shopping is witnessing significant expansion, owing to an increase in speedy Internet access, which has led to a rise in preference toward e-tailing among consumers. Furthermore, convenience of shopping from home is projected to boost e-Commerce and consequently, drive the last mile delivery transportation market during the forecast period.

Key Players

  • Cargo Carriers Limited
  • CJ Logistics Corporation
  • CEVA Logistics
  • Concargo Private Ltd
  • Interlogix Pty Ltd.
  • DHL Paket GmbH
  • Estes Express Lines
  • FedEx Corporation
  • Kuehne + Nagel
  • Nippon Express Co., Ltd.
  • J&J Global Limited
  • KART
  • SNCF Geodis
  • Swift Transportation
  • TNT Holding B.V.
  • Procet Freight
  • Tuma Transport
  • Yamato Holdings Co., Ltd.
  • United Parcel Service Inc.

Market Segmentation

By Vehicle Type

    • Light Duty Vehicle
    • Medium Duty Vehicle
    • Heavy Duty Vehicle

By End Use

    • Chemicals
    • Pharmaceuticals & Healthcare
    • FMCG
    • Hi-tech Product Industry
    • Food & Beverages
    • Others

By Cargo Type

    • Dry Goods
    • Liquid Goods
    • Postal Goods

By Region

    • North America
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • Latin America

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

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