First and Last Mile Delivery Market is expected to reach US$ 1433.09 Mn. by 2029, at a CAGR of 13.51% during the forecast period.
First and Last Mile Delivery Market Overview:
The primary goal of this research is to assist the user in understanding the First and Last Mile Delivery market in terms of definition, segmentation, market potential, significant trends, and the problems that the First and Last Mile Delivery industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Segmentation:
The main market drivers in the first and last mile delivery market during the forecast period are thought to be the Reduction in Delivery Costs Due to the Use of Ground Delivery Vehicles, Technological Advancements in Ground Delivery Vehicles, and the Increase in Venture Funding for the Development of Next-Level Ground Delivery Vehicles. Performance issues in untested environments, a lack of appropriate decision-making, and the formulation and strict implementation of regulations pertaining to the operation of ground delivery vehicles are the main market-driving variables in the first and last mile.
Global First and last Mile Delivery Market, by VehicleType (2022-2029)
• Light Duty Vehicle
• Medium Duty Vehicle
• Heavy Duty Vehicle
Global First and last Mile Delivery Market, by End user (2022-2029)
• Chemical
• Pharmaceutical and Healthcare
• FMCG
• Hi-tech Product Industry
• Food and Beverage
• Others
Global First and last Mile Delivery Market, by Type (2022-2029)
• Dry Goods
• Postal
• Liquid Goods
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Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the First and Last Mile Delivery market are
1. UPS Supply Chain Solutions
2. DHL Supply Chain & Global Forwarding
3. FedEx
4. Kuehne + Nagel
5. SF Express
6. XPO Logistics
7. DB Schenker Logistics
8. Nippon Express
9. GEODIS
10. CEVA Logistics
11. J.B. Hunt (JBI, DCS & ICS)
12. Agility
13. China POST
14. Hitachi Transport System
15. DSV
16. YTO Express
17. Panalpina
18. Toll Holdings
19. Expeditors International of Washington
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Regional Analysis:
The report focuses on Global Regions and Market Size of First and Last Mile Delivery , and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on First and Last Mile Delivery Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the First and Last Mile Delivery industry in 2021.
See also Immunocytokines Market: Revolutionizing Industries with Disruptive Growth Strategies
Key Questions answered in the First and Last Mile Delivery Market Report are:
- What is the function of First and Last Mile Delivery ?
- What is the predicted revenue generation of the First and Last Mile Delivery market?
- At what growth rate is the First and Last Mile Delivery market evolving?
- Who are the major market giants operating in the First and Last Mile Delivery market?
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