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The last-mile delivery market in North America is driven by the premiumization of goods and merchandise delivery. In addition, the premiumization of goods and merchandise delivery is anticipated to boost the growth of the Last-Mile Delivery Market in North America.
Premiumization in the logistic services market refers to the premium price paid by the customer for faster deliveries. It has been identified that about one-fourth of the online retail customers are willing to pay a considerable premium charge for the same-day or instant delivery of purchased goods. Perishable goods such as medical or pharmaceutical products, and agricultural products require immediate consumption. As a result, consumers pay a higher price for last-mile delivery services. Hence, the premiumization of goods and merchandise delivery will drive the growth of the last-mile delivery market in North America during the forecast period.
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Major Five Last-Mile Delivery in North America Companies:
CRST International Inc.
CRST International Inc. offers last-mile delivery services through its subsidiary, North American Logistics Holdings (NAL Group).
Deutsche Bahn AG
Deutsche Bahn AG provides last-mile delivery and other services through its Spares Logistics Services offering.
Deutsche Post DHL Group
Deutsche Post DHL Group offers last-mile delivery services through a wide range of technological solutions such as the mobile warehouse, on-demand drivers, and drones.
FedEx Corp.
FedEx Corp. offers final/last-mile delivery of goods in the continental US through its offering, FedEx Freight Direct.
United Parcel Service Inc.
United Parcel Service Inc. offers last-mile delivery services through its offering, Direct Delivery Only.
Last-Mile Delivery Market In North America Service Outlook (Revenue, USD billion, 2020-2025)
- B2C - size and forecast 2020-2025
- B2B - size and forecast 2020-2025
Last-Mile Delivery Market In North America Geography Outlook (Revenue, USD billion, 2020-2025)
- US - size, and forecast 2020-2025
- Canada - size and forecast 2020-2025
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