Last mile delivery market: APAC held a 40% share in 2022, B2C segment to grow at the highest rate - Technavio

NEW YORK, Dec. 1, 2022 /PRNewswire/ -- The last mile delivery market size is estimated to grow by USD 165.6 billion. The growth momentum of the market will accelerate at a CAGR of 15.62% during the forecast period according to Technavio. APAC held a 40% share of the global last mile delivery market in 2022. The market in the region is estimated to grow at the fastest pace during the forecast period. The thriving e-commerce industry and the establishment of global production networks by large manufacturers will facilitate the last mile delivery market growth in APAC over the forecast period.

Discover some insights on market size before buying full report, request a free sample report!

Last mile delivery market: Segmentation Analysis

Technavio has segmented the last mile delivery market based on Service (B2C and B2B), Application (FMCG, e-commerce, retail, and others),  and Geography (APAC, North America, Europe, South America, and Middle East and Africa). The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market.

• The B2C segment will grow at the highest rate during the forecast period. Vendors operating in this segment are heavily investing in big data and consumer analytics to improve delivery times and enhance the consumer experience. They are utilizing the historical purchase data of consumers to dispatch forward inventory. This is helping them in reducing the time required to deliver products to customers by cutting down a considerable amount of time in pre-last mile logistics. Such developments among vendors are fostering the growth of the B2C segment.

Download a Free sample report

Key factor driving market growth

• The growing global e-commerce industry is one of the factors driving the last mile delivery market growth.
• The e-commerce industry is growing rapidly in both developing and developed countries. For instance, e-commerce retail sales in the US increased by 39% in Q1 2021 compared to that in Q1 2020.
• The increasing penetration of the internet and the growing trend of online shopping among consumers globally have significantly contributed to the growth of the B2C e-commerce industry across the world.
• The growth of the e-commerce industry is encouraging many retailers and manufacturers to expand and invest in online sales channels. This is increasing the demand for last mile delivery services, thereby driving the growth of the market.

Leading trends influencing the market

• The strong focus on technological advances is one of the key last mile delivery market trends fueling the market growth.
• Delivery service providers are leveraging advanced technologies to efficiently manage orders and provide more convenience to customers. For instance, last mile delivery service providers are adopting big data analytics to come up with an optimum delivery route by using GPS and traffic data to make timely deliveries.
• Some prominent e-commerce players such as Alibaba and JD.com, Inc. are actively investing in driverless technologies. Many such technological advances among vendors are expected to positively influence the growth of the global last mile delivery market during the forecast period.
   

Driver & trend are the factor of market dynamics which states about consequences & sustainability of the businesses, find insights from a free sample report!

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, among others. Buy the Report

What are the key data covered in this last mile delivery market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the last mile delivery market between 2022 and 2026
• Precise estimation of the size of the last mile delivery market size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the last mile delivery market industry across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of last mile delivery market vendors

Gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

Related Reports:

• The road freight transport market share in Colombia is expected to increase by USD 1.30 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.58%. The need to increase operational efficiency is notably driving the road freight transport market growth in Colombia, although factors such as high operational costs and competitive pricing may impede the market growth.
• The refrigerated transportation market share in US is expected to increase by USD 9.00 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 12.88%. The growing end-user segments is notably driving the refrigerated transportation market growth in US, although factors such as fluctuations in fuel prices may impede the market growth.

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Service
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global last mile delivery market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global last mile delivery market 2017 - 2021 ($ billion)

• 4.2 Service Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Service Segment 2017 - 2021 ($ billion)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Service

• 6.1 Market segments 
• Exhibit 30: Chart on Service - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Service - Market share 2022-2027 (%)

• 6.2 Comparison by Service 
• Exhibit 32: Chart on Comparison by Service
• Exhibit 33: Data Table on Comparison by Service

• 6.3 B2C - Market size and forecast 2022-2027
• Exhibit 34: Chart on B2C - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on B2C - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on B2C - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on B2C - Year-over-year growth 2022-2027 (%)

• 6.4 B2B - Market size and forecast 2022-2027
• Exhibit 38: Chart on B2B - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on B2B - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on B2B - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on B2B - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Service 
• Exhibit 42: Market opportunity by Service ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 43: Chart on Application - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 FMCG - Market size and forecast 2022-2027
• Exhibit 47: Chart on FMCG - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on FMCG - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on FMCG - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on FMCG - Year-over-year growth 2022-2027 (%)

• 7.4 E-commerce - Market size and forecast 2022-2027
• Exhibit 51: Chart on E-commerce - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on E-commerce - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on E-commerce - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on E-commerce - Year-over-year growth 2022-2027 (%)

• 7.5 Retail - Market size and forecast 2022-2027
• Exhibit 55: Chart on Retail - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Retail - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Retail - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Retail - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 89: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 105: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 C.H. Robinson Worldwide Inc. 
• Exhibit 116: C.H. Robinson Worldwide Inc. - Overview
• Exhibit 117: C.H. Robinson Worldwide Inc. - Business segments
• Exhibit 118: C.H. Robinson Worldwide Inc. - Key news
• Exhibit 119: C.H. Robinson Worldwide Inc. - Key offerings
• Exhibit 120: C.H. Robinson Worldwide Inc. - Segment focus

• 12.4 CRST The Transportation Solution Inc. 
• Exhibit 121: CRST The Transportation Solution Inc. - Overview
• Exhibit 122: CRST The Transportation Solution Inc. - Product / Service
• Exhibit 123: CRST The Transportation Solution Inc. - Key offerings

• 12.5 DB Schenker 
• Exhibit 124: DB Schenker - Overview
• Exhibit 125: DB Schenker - Business segments
• Exhibit 126: DB Schenker - Key offerings
• Exhibit 127: DB Schenker - Segment focus

• 12.6 Deutsche Post AG 
• Exhibit 128: Deutsche Post AG - Overview
• Exhibit 129: Deutsche Post AG - Business segments
• Exhibit 130: Deutsche Post AG - Key news
• Exhibit 131: Deutsche Post AG - Key offerings
• Exhibit 132: Deutsche Post AG - Segment focus

• 12.7 DSV Panalpina AS 
• Exhibit 133: DSV Panalpina AS - Overview
• Exhibit 134: DSV Panalpina AS - Business segments
• Exhibit 135: DSV Panalpina AS - Key offerings
• Exhibit 136: DSV Panalpina AS - Segment focus

• 12.8 FedEx Corp. 
• Exhibit 137: FedEx Corp. - Overview
• Exhibit 138: FedEx Corp. - Business segments
• Exhibit 139: FedEx Corp. - Key offerings
• Exhibit 140: FedEx Corp. - Segment focus

• 12.9 J.B. Hunt Transport Services Inc. 
• Exhibit 141: J.B. Hunt Transport Services Inc. - Overview
• Exhibit 142: J.B. Hunt Transport Services Inc. - Business segments
• Exhibit 143: J.B. Hunt Transport Services Inc. - Key offerings
• Exhibit 144: J.B. Hunt Transport Services Inc. - Segment focus

• 12.10 Kerry Logistics Network Ltd. 
• Exhibit 145: Kerry Logistics Network Ltd. - Overview
• Exhibit 146: Kerry Logistics Network Ltd. - Business segments
• Exhibit 147: Kerry Logistics Network Ltd. - Key news
• Exhibit 148: Kerry Logistics Network Ltd. - Key offerings
• Exhibit 149: Kerry Logistics Network Ltd. - Segment focus

• 12.11 LaserShip Inc. 
• Exhibit 150: LaserShip Inc. - Overview
• Exhibit 151: LaserShip Inc. - Product / Service
• Exhibit 152: LaserShip Inc. - Key offerings

• 12.12 Nippon Express Holdings Inc. 
• Exhibit 153: Nippon Express Holdings Inc. - Overview
• Exhibit 154: Nippon Express Holdings Inc. - Business segments
• Exhibit 155: Nippon Express Holdings Inc. - Key offerings
• Exhibit 156: Nippon Express Holdings Inc. - Segment focus

• 12.13 TNT Holdings BV 
• Exhibit 157: TNT Holdings BV - Overview
• Exhibit 158: TNT Holdings BV - Product / Service
• Exhibit 159: TNT Holdings BV - Key offerings

• 12.14 United Parcel Service Inc. 
• Exhibit 160: United Parcel Service Inc. - Overview
• Exhibit 161: United Parcel Service Inc. - Business segments
• Exhibit 162: United Parcel Service Inc. - Key offerings
• Exhibit 163: United Parcel Service Inc. - Segment focus

• 12.15 United States Postal Service 
• Exhibit 164: United States Postal Service - Overview
• Exhibit 165: United States Postal Service - Business segments
• Exhibit 166: United States Postal Service - Key offerings
• Exhibit 167: United States Postal Service - Segment focus

• 12.16 Werner Enterprises Inc. 
• Exhibit 168: Werner Enterprises Inc. - Overview
• Exhibit 169: Werner Enterprises Inc. - Business segments
• Exhibit 170: Werner Enterprises Inc. - Key offerings
• Exhibit 171: Werner Enterprises Inc. - Segment focus

• 12.17 XPO Logistics Inc. 
• Exhibit 172: XPO Logistics Inc. - Overview
• Exhibit 173: XPO Logistics Inc. - Business segments
• Exhibit 174: XPO Logistics Inc. - Key offerings
• Exhibit 175: XPO Logistics Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 176: Inclusions checklist
• Exhibit 177: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 178: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 179: Research methodology
• Exhibit 180: Validation techniques employed for market sizing
• Exhibit 181: Information sources

• 13.5 List of abbreviations 
• Exhibit 182: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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 consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. 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.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED