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Last Mile Delivery Transportation Market Size By Key Players, Deployment Type, Applications, Vertical, and Region – Forecast 2022-2031

“The report on Last Mile Delivery Transportation Market was recently published by SDKI, which includes the latest market trends, current and future opportunities along with the factors that are driving the growth of the market. This report further encompasses the records for the expansion of the market along with information on the investment opportunities that help the clients to take positive decisions on the parameters for gaining profitable revenues. Moreover, the report also contains identification and investigation of the market structure, in-depth qualitative analysis, restraints & challenges, growth drivers, emerging product trends & market opportunities and Porter’s five forces.

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Last Mile Delivery Transportation Market: Overview

  • The global last mile delivery transportation market is anticipated to expand at a CAGR of ~3% during the forecast period, owing to a rise in the middle class population across the globe that has led to an increase in consumption and hence, is expected to boost the volume of goods transported. Changes in consumer tastes and preferences where people are inclined toward Western lifestyle have fueled the demand for deliveries that take lesser time. This is projected to boost the last mile delivery transportation market during the forecast period.
  • The last mile delivery transportation market has benefitted by the introduction and use of new technologies. Some new technologies include global positioning system (GPS), warehouse management systems, dispatching communication systems, order entry systems, and transportation management systems (TMS).

Drivers of Last Mile Delivery Transportation Market

  • Demand for online shopping is witnessing significant rise, owing to an increase in speedy internet access, which has led to a surge in preference toward e-tailing among consumers. Furthermore, convenience and easy access related to home delivery services are projected to boost the last mile delivery transportation market during the forecast period.
  • Growing urbanization and rise in trade volume have resulted in the increase in transport volumes. Rapid expansion of the e-Commerce market across the globe is driving the last mile delivery transportation market. Increased trend of online shopping is a major factor driving the last mile delivery transportation market.
  • Reduction in delivery time and increase in efficiency of delivery of goods have led to the use of aerial delivery drones and ground delivery vehicles to carry out the autonomous last mile delivery of packages. Rise in development of advanced and cost-effective aerial delivery drones and ground delivery vehicles is propelling the autonomous last mile delivery market across the globe. Industry 4.0 has started to emerge as a real driving force shaping the future of the global supply chain. Diverse technologies, including advanced robotics and Artificial Intelligence, sophisticated sensors, big data analytics, 3D printing, cloud-enabled business models; high powered mobile devices; and algorithms to direct motor vehicles (navigation tools, ride-sharing apps, autonomous vehicles and last mile delivery services) are enabling advanced interchangeability across companies, countries, collaborators and competitors. This, in turn, is creating a rapid in shift in processes to accommodate the fundamentals of Industry 4.0, although development toward automation and digitization in manufacturing is being significantly realized across the transport & logistics sector.
  • Belt and Road Initiative (BRI), previously known as One Belt One Road, is an ambitious effort proposed by China to advance regional cooperation and connectivity on a trans-continental scale. The Silk Road Economic Belt connects three major road routes from China to Europe, the Persian Gulf, the Mediterranean, and the Indian Ocean. However, 21st Century Maritime Silk Road is based on waterways. The main objective of BRI is to build trade routes between China and the countries in Central Asia, Europe, and Indo-Pacific littoral countries. This project involves developing infrastructure mostly around transport and energy such as roads, bridges, and power plants, which in turn is likely to propel the demand for freight transport on roadways. This, in turn, is projected to boost the last mile delivery transportation market during the forecast period.

Challenges for Last Mile Delivery Transportation Market

  • Freight trucks are bigger, heavier, and bulkier vehicles, which makes road freight transportation comparatively slower and hence, hampers the last mile delivery transportation market. Additionally, massive backlog in proper maintenance is also a major factor that is likely to hinder the last mile delivery transportation market during the forecast period. Furthermore, toll roads or booths lead to massive time loss, which results in slow transportation.
  • Improper road infrastructure coupled with a lack of intent to improve transport facilities in developing and developed countries is expected to restrain the last mile delivery transportation market during the forecast period. Furthermore, several areas of Asia Pacific, Latin America, and Africa require investments in order to develop and upgrade their infrastructure facilities.

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Last Mile Delivery Transportation Market Segmentation

  • Based on cargo type, the dry goods segment dominated the global last mile delivery transportation market due to the rise in volume of import of industry and manufacturing raw materials and export and import of food and pharmaceuticals
  • Based on end use, the FMCG segment dominated the market, as demand for quality goods and services has been rising in rural areas, owing to improved distribution channels of FMCG companies. Rising volume of transport of oil & gas over the years has been boosting the demand for freight trucks. Moreover, increase in export of oil and diesel over the years is anticipated to propel the last mile delivery transportation market.

Last Mile Delivery Transportation Market: Regional Analysis

  • Based on region, the global last mile delivery transportation market has been segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
  • Asia Pacific and North America are projected to be highly lucrative markets during the forecast period. This is primarily due to the improvement in road network transport, and inclination toward development of industries over the years in these regions.

Last Mile Delivery Transportation Market: Competition Landscape

  • Key players operating in the global last mile delivery transportation market include 
    • Cargo Carriers Limited
    • CJ Logistics Corporation
    • CEVA Logistics
    • Concargo Private Ltd
    • DB SCHENKER
    • 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.
  • Key players at the global level are expanding their footprint by engaging in mergers & acquisitions with several players in industry. In 2018, Kuehne+Nagel announced the acquisition of Wira Logistics, a leading Indonesia-based logistics company. The acquisition is expected to strengthen the company’s logistics and distribution network across Indonesia and consolidate its position in the contract logistics market.

Last Mile Delivery Transportation Market – Scope of the Report

The recent report on the last mile delivery transportation market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the last mile delivery transportation market analyzes the scenario for the period of 2019 to 2030, wherein, 2019 is the base year and 2018 and before is historical data. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.

This study on the last mile delivery transportation market also provides data on the developments made by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of the strengths, weaknesses, threats, and opportunities, along with the trends and restraints in the landscape. Presented in a clear sanctioned manner, this report on the last mile delivery transportation market gives readers an individual understanding of the market.

This study also discusses the underlying trends and impact of various factors that are driving the last mile delivery transportation market, along with their influence on the evolution of the market.

This study also offers Porter’s Five Point Analysis, value chain analysis, regulatory scenario, and a SWOT analysis of the last mile delivery transportation market, in order to elaborate the crucial growth tactics and opportunities for market players contributing to the market.

Key Questions Answered in This Report on Last Mile Delivery Transportation Market

  • How much value will the last mile delivery transportation market generate by the end of the forecast period?
  • Which segment of the market is likely to have the maximum market share by 2030?
  • What are the impact factors and there effects on the market for last mile delivery transportation?
  • What regions currently contribute the maximum share to the overall last mile delivery transportation market?
  • What are the indicators expected to drive the last mile delivery transportation market?
  • What region is likely to be a lucrative market during the forecast period?
  • What are the essential strategies by key stakeholders in the last mile delivery transportation market to expand their geographic presence?
  • What are the major advancements witnessed in the last mile delivery transportation market?
  • How regulatory norms affected the market for last mile delivery transportation market?

This report answers these questions and more about the last mile delivery transportation market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Last Mile Delivery Transportation Market: Research Methodology

This report on the last mile delivery transportation market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources.  Market volume is determined by country wise model mapping of vehicle through internal & external proprietary databases, and relevant patent and regulatory databases. The competitive scenario of the last mile delivery transportation market is supported by an assessment of the different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data, current trends and announcement by the key players, researchers of the last mile delivery transportation market arrive at predictions and estimations, and calculate the forecast for the market.

This report uses an analytical triangulation method to estimate the numbers and figures of the last mile delivery transportation market, with both a bottom-up and top-down approach.

This detailed assessment of the last mile delivery transportation market, along with an overview of the landscape, is provided based on a careful examination of the avenues related to this industry. Analysts’ conclusions on how the last mile delivery transportation market is estimated to expand are based on carefully vetted primary and secondary sources.

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Table of Content
1. Preface

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

2. Assumptions and Research Methodology

2.1. Research Methodology

2.1.1. Primary Research and List of Primary Sources

2.1.2. Secondary Research and Sources

2.2. Key assumptions for Data Modelling

3. Executive Summary : Global Last Mile Delivery Transportation Market

3.1. Global Last Mile Delivery Transportation Market Volume (Million Tons) and Value (US$ Mn), 2019?2030

4. Market Overview

4.1. Introduction

4.2. Global Market – Macro Economic Factors

4.3. Industry Dynamics

4.4. Market Dynamics

4.4.1. Drivers

4.4.2. Restraints

4.4.3. Opportunity

4.4.4. Impact Analysis of Drivers and Restraints

4.5. Market Factor Analysis

4.5.1. Porter’s Five Force Analysis

4.5.2. PESTEL Analysis

4.5.3. Value Chain Analysis

4.5.3.1. List of Key Manufacturers

4.5.3.2. List of Customers

4.5.3.3. Level of Integration

4.5.4. SWOT Analysis

4.6. Regulatory Scenario

4.7. Key Industry Development

5. Global Last Mile Delivery Transportation Market Analysis and Forecast, by Vehicle Type

5.1. Definition

5.2. Market Snapshot

5.3. Global Last Mile Delivery Transportation Market Volume (Million Tons) and Value (US$ Mn) Forecast, by Vehicle Type, 2019?2030

5.3.1. Light Duty Vehicle

5.3.2. Medium Duty Vehicle

5.3.3. Heavy Duty Vehicle

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