Last Mile Delivery for E-commerce Market Size Soaring at 10.2% CAGR to Reach 4890 million USD by 2024

   2021-10-13 11:10

A comprehensive research study on Last Mile Delivery for E-commerce market added on Market Study Report provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of Last Mile Delivery for E-commerce market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

The global Last Mile Delivery for E-commerce market is valued at 3020 million USD in 2018 and is expected to reach 4890 million USD by the end of 2024, growing at a CAGR of 10.2% between 2019 and 2024.

Last Mile Delivery is a term used in supply chain management and transportation planning to describe the movement of people and goods from a transportation hub to a final destination in the home, in this report the Last Mail Delivery is not only the transport services, it also including the installation service such as the customer purchases a furniture or household appliance, the logistics officer will installs that.

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Market Segment by Companies, this report covers

  • XPO
  • Fidelitone Last Mile Inc
  • EuroAGD
  • SEKO
  • United Parcel Service
  • Werner Global Logistics
  • Ryder
  • com, Inc
  • B. Hunt Transport
  • Wayfair
  • MondoConvenienza
  • Schneider Electric
  • Geek Squad Inc.

Scope of the Report:

Dedicated e-commerce warehousing and distribution contracts are increasingly being awarded to logistics providers. A key trend in the global logistics industry is the provision of value-added services and bespoke solutions. Logistics providers are increasing their focus on specific industry sectors such as high-technology, automotive and pharmaceuticals, and offering additional value-added services that make their services more relevant for client needs.

New technologies are finding their way into logistics services in order to improve productivity and enhance service. New logistics technologies being developed include vehicle management software, self-driving vehicles, robotics, internet of things applications and augmented reality. The largest logistics providers are characterized by differing service lines, asset ownership models, geographical scope and types of customers they serve.

Market growth will also be driven by the continued outsourcing of supply chain activity to third-party logistics providers. This includes increase in the scope of contracts when they are renewed. However, a key factor which will offset the impact of this on market growth is the efficiency savings made by logistics providers which are passed back to clients. Further consolidation is expected as logistics providers seek to add new service capabilities and geographical scope to enable them to support global clients and hence, build their position in the competitive global market.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Last Mile Delivery for E-commerce. Europe also play important roles in global market, with market size of  million USD in 2019 and will be  million USD in 2024, with a CAGR of %.

This report studies the Last Mile Delivery for E-commerce market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Last Mile Delivery for E-commerce market by product type and applications/end industries.

Market Segment by Type, covers

Traditional Logistics

Non-traditional Logistics

Market Segment by Applications, can be divided into

Furniture Assembly

Household Appliance Installation

Other Services

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