Global First and Last Mile Delivery Market - Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning / Landscape Review & Global Market Size Forecast to 2032
Overview
The First and last Mile Delivery Market size was valued at USD 760.50 Million in 2024 and the total First and last Mile Delivery revenue is expected to grow at a CAGR of 13.51% from 2025 to 2032, reaching nearly USD 2095.92 Million.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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First mile refers to the movement of products from a retailer to anyone who is expected to transport goods to their final users, while the last mile refers to the final movement of products to their final end users. First mile delivery can be simply termed as the last mile delivery for a vendor/ manufacturer. First mile delivery service is the first part in the delivery system that falls between the pickup chain and transit chain, while last mile delivery service is the final part where the parcel is handed over to the end-consumer. This falls under transit chain and destination.
The Reduction in Delivery Costs Due to Use of Ground Delivery Vehicles, Technological Advancements in Ground Delivery Vehicles, Increase in Venture Funding for the Development of Next-Level Ground Delivery Vehicles are considered to be the major market drivers in forecast period for first and last mile delivery market. The factors dominating first and last mile market are Formulation and Stringent Implementation of Regulations Pertaining to Operations of Ground Delivery Vehicles and Performance Issues in Untested Environments and Lack of Appropriate Decision-Making
With the rise of e-commerce, consumer preferences have moved more and more to the center of attention in the formerly business-oriented delivery market. Large e-commerce players as well as various start-ups have identified last-mile services as a key differentiator vis-à-vis their competitors. In fact, the variety of delivery options and the perceived quality of the delivery service are major decision criteria for online customers and hence directly impact e-commerce players’ success in the marketplace. With this in mind, vendors are working hard to provide their customers with the best customer experience possible, especially by improving delivery times.
Asia Pacific is a leading market for first and last mile delivery, globally, as a large population in the countries from the region provide a major consumer base for expansion of the online retail industry. North America and Europe are emerged as the leading market for first mile and last mile.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global first and last mile delivery market dynamics, structure by identifying and analyzing the market segments and project the global market size.
Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in Global first and last mile delivery market
First and Last Mile Delivery Market Scope: Inquire before buying
| Global First and last Mile Delivery Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2024 | Forecast Period: | 2025-2032 |
| Historical Data: | 2019 to 2024 | Market Size in 2024: | USD 760.50 Mn. |
| Forecast Period 2025 to 2032 CAGR: | 13.51 % | Market Size in 2032: | USD 2095.92 Mn. |
| Segments Covered: | by vehicle type | Light Duty Vehicle Medium Duty Vehicle Heavy Duty Vehicle |
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| by end user | Chemical Pharmaceutical and Healthcare FMCG Hi-tech Product Industry Food and Beverage Others |
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| by Type | Dry Goods Postal Liquid Goods |
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First and Last Mile Delivery Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Leading Companies in the First and Last Mile Delivery Industry
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
Frequently Asked Questions:
1. Which region has the largest share in Global First and last mile delivery Market?
Ans: Asia Pacific region held the highest share in 2024.
2. What was the Global First and last Mile Delivery Market size in 2024?
Ans: The Global First and last Mile Delivery Market size was USD 760.50 Million in 2024.
3. What is scope of the Global First and last mile delivery market report?
Ans: Global First and last mile delivery Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global First and last mile delivery market?
Ans: The important key players in the Global First and last mile delivery Market are – UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker Logistics, Nippon Express, GEODIS, CEVA Logistics, J.B. Hunt (JBI, DCS & ICS), Agility, China POST, Hitachi Transport System, DSV, YTO Express, Panalpina, Toll Holdings, and Expeditors International of Washington.
5. What is the study period of this market?
Ans: The Global First and last mile delivery Market is studied from 2024 to 2032.