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NEW YORK, April 11, 2022 /PRNewswire/ — The Last Mile Delivery Market share is expected to increase by USD 143.75 billion from 2021 to 2026, according to a recent market study by Technavio. However, the growth momentum of the market will decelerate at a CAGR of 13.1% during the forecast period.
Segmentation by Service (In-Scope/Out-of-Scope)
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Highlights-
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Segmentation- The report extensively covers market segmentation by service (B2C and B2B)
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Key Companies- C.H. Robinson Worldwide Inc., CEVA Logistics AG, CRST International Inc., DB Schenker, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Kuehne Nagel International AG, LaserShip Inc., Nippon Express Holdings Inc., Royal Mail Plc, TForce Logistics, TNT Holdings BV, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., XPO Logistics Inc., and Yellow Corp. among others.
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Driver- Growing global e-commerce industry
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Challenge– Strong focus on technological advances
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Last Mile Delivery Market
Vendor Insights-
The last-mile delivery market is fragmented, and the vendors are deploying growth strategies such as instant and next-day deliveries to compete in the market. The key offerings of some of the vendors are listed below:
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CRST International Inc. – The company offers solutions for last mile delivery that provide a broad array of transportation and logistics solutions, including expedited, flatbed, dedicated, and final mile.
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DB Schenker – The company offers solutions for last mile delivery that believes in delivering directly to the ships all needed supplies, spare parts, provisions, and other goods.
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DSV Panalpina AS – The company offers solutions for last mile delivery that includes delivery to restaurants, hotels, and cafes.
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Learn More about Key Driver & Challenge of the Market-
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Last-Mile Delivery Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Decelerate at a CAGR of 13.1% |
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Market growth 2022-2026 |
USD 143.75 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
13.48 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 35% |
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Key consumer countries |
US, China, Germany, UK, and France |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
C.H. Robinson Worldwide Inc., CEVA Logistics AG, CRST International Inc., DB Schenker, Deutsche Post AG, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Kerry Logistics Network Ltd., Kuehne Nagel International AG, LaserShip Inc., Nippon Express Holdings Inc., Royal Mail Plc, TForce Logistics, TNT Holdings BV, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., XPO Logistics Inc., and Yellow Corp. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Service
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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