Global Last Mile Delivery Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2021-2025 - (By Service Coverage, Vehicle Coverage , Delivery Time Coverage, Topography Coverage, Cargo Type Coverage, End Use Industry Coverage, By Geography, Leading Companies)
Published Date: Nov 2020 |
Format:
| No. of Pages: 253
Industry: Automotive & Transport | Author Name: Chetan
Growth of e-commerce and internet have been identified as major catalysts driving the global last mile delivery market. Instant delivery demand and same-day delivery also expected boost the global market as companies aim towards efficiency and accuracy.
Global last mile delivery market is likely to touch US$ 720.9 Bn by 2025.
Last mile delivery demand is growing substantially in the Asia Pacific and North American regions due to increased sales via e-commerce and online retail platforms.
Nearly 35% market share has been retained by major players with diversified business segments.
Fairfield Market Research projects the global last mile delivery market is likely to grow at a CAGR of 16.65% by 2025.