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1. We use cookies for a better user experience. Read our Privacy Policy Agree  INSIGHTS INDUSTRY VERTICALS NEWSROOM ABOUT TMR   Home Automotive & Transport Automotive  Last Mile Delivery Transportation Market Last Mile Delivery Transportation Market Last Mile Delivery Transportation Market (Vehicle Type: Cargo Bike, Two Wheeler Vehicle, Drones, Robots, AGVs, Vans, Light Duty Vehicles, and Medium & Heavy Duty Vehicles; Cargo Type: Dry Goods, Postal, and Liquid Goods; End-use Industry: Food Delivery Industry, FMCG Products Delivery, Health Products Delivery, Postal Delivery, Automotive Products Delivery, Electronic Products Delivery, and Others; Solution: Real Time Tracking, Automated Planning and Optimization, Electronic Proof of Delivery, Dynamic Re-routing, Hardware Agnostic Platform, Real Time ETA Calculation, Interactive Planning Dashboard, Delivery Route Planning Visualization, and Others; and Ownership: In-house and Third Party Logistics [3PL]) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031 Automotive & TransportTMRGL77271160 Pages Request Sample Enquiry Before Buying Request Brochure Select License Type Report Preview Table of Contents Request Methodology Single User license $5795 Last Mile Delivery Transportation Market Outlook 2031 Multi-User license $8795 The globallast mile delivery transportation market was valued atUS$ 150.39 Bn in 2020 Corporate license $11795 It is estimated to expand at a CAGR of 10.31% from 2021 to 2031 The globallast mile delivery transportation market isexpected to reach the value of US$ 477.27 Bnby the end of 2031 Buy Now Analysts’ Viewpoint on Last Mile Delivery Transportation Market Scenario “Technological advancements and the booming eCommerce sector will remain the leading factors that will propel the market during the forecast period. In addition, advancements in robotics and projected adoption of semi-autonomous and autonomous delivery vehicles will play an imperative role in redefining last mile delivery transportation in the 

2. upcoming years. In order to overcome challenges in the execution of delivery models, companies should increase R&D in leading-edge information systems and inventory management systems, among others, to gain a competitive edge over other service providers.” COVID- 19 A Global Pandemic Medical Supply Delivery Remains Critical During Coronavirus Outbreak The COVID-19 pandemic has put forward a spectrum of challenges for stakeholders operating in an array of industrial sectors. As governments across the world continue to curb the novel COVID-19 infection, challenges in trade coupled with severe disruptions across the supply chains worldwide has led to participants in the last mile delivery transportation market to face the heat. The last mile delivery transportation across the healthcare sector in these testing times will remain a critical aspect in the fight against coronavirus with its new variant becoming active. Thus, companies in the last mile delivery transportation market are expected to formulate an efficient delivery model. Request the coronavirus impact analysis on Last Mile Delivery Transportation Market Get COVID-19 Analysis Trending Reports Automotive Crash Sensor Market - Global Industry Analysis, Size, Share, Trends, 

3. Request a sample to get extensive insights into the Last Mile Delivery Transportation Market Growth, and Forecasts, 2019 - 2028 Emphasis on eCommerce and Direct-to-Consumer Delivery Models for Revenue Opportunities At present, companies within the last mile delivery transportation market are increasingly examining different methods that are likely to minimize the costs of transportation of goods in the last leg of the journey. In their efforts to attain the set objectives, direct-to-consumer delivery models are experiencing significant developments and innovations. Traditional delivery companies are investigating different ways to utilize their existing resources to streamline last mile delivery transportation. Some of the solutions that are currently being reviewed include personal delivery, automated delivery, and locker delivery. Hybrid Off-road Vehicle Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026  Emergency Locking Retractor Seatbelt Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027  Advancements in technology are likely to drive innovations and the development of new last mile delivery transportation models. The flourishing eCommerce sector has presented significant opportunities for market stakeholders. Currently, pilot testing of new technologies and new transportation models around the world has increased at a rapid pace – a trend that is projected to continue during the forecast period. Some of the factors that are likely to enable the growth of the last mile delivery transportation market include the adoption of diversified last mile services, assessment of incurring costs of sold goods, and expansion of the omni-channel inventory selection. Automotive Emission Control Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027  To understand how our report can bring difference to your business strategy, Ask for a brochure Technological Developments Helping in Overcoming Challenges in Execution of Last Mile Delivery Transportation While developed regions of the world, including North America and Europe, are likely to establish reliable and robust last mile delivery transportations models, developing countries are currently focusing on addressing some key challenges within the last mile delivery transportation market, including ambiguity in commodity & program portfolio, sub-standard execution of storage guidelines, lack of efficient information systems, and inventory management systems. Advanced Driver Assistance Systems Testing Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027  Technological developments within the last mile delivery sphere is redefining last mile delivery transportation. Some of the advancements that are anticipated to make inroads in the last mile delivery transportation market include uptake of electric vehicles amid mounting environmental concerns, entry of semiautonomous vehicles, and autonomous delivery vehicles. These innovations are expected to minimize delivery costs and comply with stringent emission-related guidelines due to which, the entry of these technologies within the current market landscape could be sooner than expected.

4. Stuck in a neck-to-neck competition with other brands? Request a custom report on Last Mile Delivery Transportation Market Autonomous Vehicles Hold Promising Potentials for Efficient Delivery at Low Costs Technological advancements over the past few years have raised customer expectations and influenced the purchasing patterns of consumers, along with how these products are delivered to them. Apart from evolving consumer preferences, consumers are increasingly demanding cost-effective and convenient last mile delivery due to which, last mile delivery transportation services have gained noteworthy popularity in recent years. Stakeholders operating in the current last mile delivery transportation market are of the opinion that the autonomous delivery vehicle technology may open up new avenues in last mile delivery transportation. As delivery autonomous vehicles are likely to

5. address the consumer demands for efficient delivery at lower costs, the adoption is likely to gain considerable traction during the forecast period. At present, players operating in the last mile delivery transportation market are seeking different ways to minimize the delivery costs across the last leg of the journey i.e. from the transportation hub to the last point of delivery. In addition, retail outlets and restaurants who have incorporated a lean operational model are increasingly challenged with problems such as efficient logistics and supply chain management. Last Mile Delivery Transportation Market: Overview Last mile is the final part of the entire supply chain, which refers to the delivery of the finished product to the end customer. It is the transportation of goods from a distribution hub, retail store, warehouse, or other such location to the final delivery destination. Rise in trade activities has boosted the logistics industry worldwide, thus increasing the demand for last mile delivery services. Furthermore, changing consumer behavior amid rising penetration of mobile phones and internet has increased online shopping activities, thus increasing B2C sales, which in turn is driving the last mile delivery transportation market. Last mile delivery is a highly expensive and time-consuming step of the order fulfilment process and hence, it has become the central focus for online vendors as well as logistics companies. This has led to high penetration of advanced transportation technologies, such as aerial vehicles, autonomous vehicles, and electric vehicles, in the last mile delivery transportation market. Drivers of Last Mile Delivery Transportation Market Increase in middle class population across the globe coupled with economic expansion in developing and developed countries in the past few years has resulted in a rise in consumption, which, in turn, is expected to boost the volumes of transported goods Rising urbanization and industrialization has further boosted the transport volumes. The World Trade Organization has predicted that global merchandise trade volume is expected to rise more than 4.7% in 2022. Increasing number of trade agreements are being signed between multiple nations to cater to this growing demand for goods from industries as well as people, which is likely to offer considerable opportunities to the logistic industry. Rise in volume of trade activities has fueled the transportation and logistics industry. Last mile delivery is an integral and vital part of the transportation process, as it is the face of the logistics industry. Last mile delivery is categorized by short geographical distance transportation; however, it contributes to more than 50% of the entire transportation cost. Hence, considerable efforts are made by industry participants for the optimization of last mile delivery through integration of various technologies such as advanced transportation solutions, software solutions for process management and improving customer experience, and new business

6. models. These ongoing efforts to cater to the growing trade volume is propelling the global last mile delivery transportation market in terms of revenue. Traditional economies are transforming to gig economies with numerous independent players emerging in the market, providing on-demand services. This transformation has been favorable for online sales and purchase, which is boosting the e-commerce industry at a rapid pace. Increase in penetration of Internet and mobile phones has transformed consumer behavior with high number of people inclining towards online platforms to purchase goods. This has further boosted the global e-commerce industry and hence, e-commerce has become a major driver of the global last mile delivery transportation market. Furthermore, demand for same delivery is rising due to changing customer requirement and consumers’ willingness to pay for fast delivery, which is further propelling the last mile delivery transportation market Stringent regulations have been imposed by transportation regulatory authorities for controlling the emission from vehicles. This makes conventional I.C. engine powered vehicles expensive and hectic to operate. Governments of various countries are focused on boosting the sales of electric vehicles by offering heavy incentives on the purchase of electric vehicles. Moreover, various projects have been initiated to establish a well- developed electric vehicle charging infrastructure. Hence, use of electric vehicles and autonomous vehicles for transportation of goods in last mile delivery is gaining popularity, which makes them a highly lucrative investment for the near future. Additionally, innovative technologies such as drones, robots, and delivery lockers, are estimated to offer significant opportunities in the near future. 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 freight trucking market. Improper road infrastructure coupled with lack of intent to improve transport facilities are adding to the challenges faced by logistics companies. These challenges hamper the logistics companies by increasing the fuel cost, delivery time, and damaging the company’s reputation, which, in turn, restrains the global last mile delivery transportation market. COVID-19 Impact on Last Mile Delivery Transportation Market The COVID-19 pandemic hampered multiple industries across the globe and created several challenges for industries to survive in the market. This pandemic, however, proved favorable for last mile delivery service providers. More number of people have adopted online shopping, as governments had imposed restrictions on movement of people to curb the spread of coronavirus

7. Last Mile Delivery Transportation Market Segmentation The global last mile delivery transportation market has been segmented based on vehicle type, cargo type, end-use industry, solution, ownership, and region. Based on vehicle type, the light duty vehicles segment dominated global last mile delivery transportation market in 2020. Low cost, more cargo space, high speed & flexibility and other such benefits are major factors contributing to the high share held by the light duty vehicles segment. Drones and automated guided vehicles (AGVs) segments are anticipated to expand at a high growth rate during the forecast period, owing to their shorter delivery times and low operational costs. Based on cargo type, the dry goods segment held a prominent share of the global last mile delivery in 2020. Chemicals, oil, liquor, and other goods in liquid form have limitation on transportation and delivery in several countries, and these types of materials require a leakage-proof vessel for transportation, which increases the cost. On other hand, demand for traditional postal services is declining due to expansion of digital communication technologies. Hence, the dry goods segment held a dominant share of 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, Europe, Asia Pacific, Middle East & Africa, and South America Asia Pacific region held a prominent share of global last mile delivery transportation market in 2020. High population in the region drives the consumption of goods, which, in turn, increase the transportation of goods from source to end user. Moreover, e-commerce sector in Asia Pacific is the largest across the globe, and it is expanding at a higher rate as compared to that in other regions. This further propels the share held by Asia Pacific in the global last mile delivery transportation market. Last Mile Delivery Transportation Market: Competition Landscape Key players operating in the global last mile delivery transportation market are Cargo Carriers Limited CEVA Logistics CJ Logistics Corporation Concargo Private Limited DB SCHENKER

8. DHL Global Forwarding FedEx Corporation Interlogix Pty. Ltd. J&J Global Limited Kerry Logistics Network Limited Kintetsu World Express KUEHNE + NAGEL Nippon Express Procet Freight Swift Transport Tiong Nam Logistics Holdings TNT Express Transtech Logistics Tuma Transport United Parcel Service Inc. Yamato Transport Co., Ltd. R+L Carriers Amazon Key players operating in the global last mile delivery transportation market are actively engaging in acquisitions & mergers and partnership activities to consolidate their market presence and reach. Industry participants are also actively engaged in the development and adoption of new technologies to optimize their last mile delivery operations. For instance, in February 2019, FedEx Corporation announced the development of a cutting-edge delivery solutions to cater to the new and rapidly changing consumer needs. It unveiled the new FedEx SameDay Bot, an autonomous delivery device, which is designed to help retailers to make same day and last mile deliveries to customers. Last Mile Delivery Transportation Market Snapshot

9. Attribute Detail Market Value in 2020 Size US$ 150.39 Bn Market Forecast Value in 2031 US$ 477.27 Bn Growth (CAGR) Rate 10.31% Forecast Period 2021-2031 Quantitative Units US$ Mn for Value The report covers regional and global last mile delivery transportation market size, along with key factors influencing the market. Research Scope Market Share Analysis by Company (2020) Report Coverage Company Profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, key financials, etc. Format Electronic (PDF) Market Segmentation Vehicle Type Cargo Bike Two Wheeler Vehicle Drones Robots AGVs Vans

10. Light Duty Vehicles Medium & Heavy Duty Vehicles Cargo Type Dry Goods Postal Liquid Goods End-use Industry Food Delivery Industry FMCG Products Delivery Health Products Delivery Postal Delivery Automotive Products Delivery Electronic Products Delivery Others Solution Real Time Tracking Automated Planning and Optimization Electronic Proof of Delivery Dynamic Re-routing Hardware Agnostic Platform Real Time ETA Calculation Interactive Planning Dashboard Delivery Route Planning Visualization Others Ownership In-house

11. Third Party Logistics (3PL) North America South America Regions Covered Europe Asia Pacific Middle East & Africa Countries Covered U.S. Canada Mexico U.K. Germany France Italy Spain Russia & CIS Nordic Countries Rest of Europe GCC South Africa Turkey Rest of Middle East & Africa China India Japan

12. ASEAN South Korea ANZ Rest of Asia Pacific Brazil Argentina Rest of South America Companies Profiled Cargo Carriers Limited CEVA Logistics CJ Logistics Corporation Concargo Private Limited DB SCHENKER DHL Global Forwarding FedEx Corporation Interlogix Pty. Ltd. J&J Global Limited Kerry Logistics Network Limited Kintetsu World Express KUEHNE + NAGEL Nippon Express Procet Freight Swift Transport Tiong Nam Logistics Holdings TNT Express Transtech Logistics

13. Tuma Transport United Parcel Service Inc. Yamato Transport Co., Ltd. R+L Carriers Amazon Customization Scope Available upon Request Pricing Available upon Request Last Mile Delivery Transportation Market – Segmentation This report on the last mile delivery transportation market provides information on the basis of vehicle type, end-use industry, cargo type, solution, ownership, and region. Cargo Bike Two Wheeler Vehicle Drones Robots Vehicle Type AGVs Vans Light Duty Vehicles Medium & Heavy Duty Vehicles Dry Goods Postal Cargo Type Liquid Goods

14. End-use Industry Food Delivery Industry FMCG Products Delivery Health Products Delivery Postal Delivery Automotive Products Delivery Electronic Products Delivery Others Real Time Tracking Automated Planning and Optimization Electronic Proof of Delivery Dynamic Re-routing Hardware Agnostic Platform Solution Real Time ETA Calculation Interactive Planning Dashboard Delivery Route Planning Visualization Others In-house Ownership Third Party Logistics (3PL) Region North America Europe Asia Pacific Middle East & Africa South America

15. 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 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. Frequently Asked Questions What is The Study Period of This Market? ❯ What is The Last Mile Delivery Transportation Market Size? ❯ What is the CAGR for Last Mile Delivery Transportation Market? ❯ Which are The Growing Factors for Last Mile Delivery Transportation Market? ❯ Who are the key players in the Last Mile Delivery Transportation Market? ❯ Custom Market Research Services Get Special Pricing TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough. Special pricing for start-ups and universities.

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