NEW YORK, Oct. 22, 2021 /PRNewswire/ -- The last mile delivery market is set to grow by USD 146.96 billion from 2021 to 2025, progressing at a CAGR of 15.06% as per the latest market report by Technavio.
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The last mile delivery market report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market size. The market is driven by the growing global e-commerce industry. However, the key factor impeding last mile delivery market growth is operational challenges for last-mile delivery companies.
The last mile delivery market analysis includes segmentation by service (B2C and B2B) and geography (North America, Europe, APAC, MEA, and South America. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The last mile delivery market covers the following areas:
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Last Mile Delivery Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 15.06%
Market growth 2021-2025
USD 146.96 billion
YoY growth (%)
North America, Europe, APAC, MEA, and South America
Performing market contribution
North America at 39%
Key consumer countries
US, China, Germany, UK, and France
Leading companies, competitive strategies, consumer engagement scope
Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Schenker AG, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., and XPO Logistics Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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