How big is the Last Mile Delivery Market |Growth, Size & Forecast 2031

What is the size of the Last Mile Delivery Market?

The market is witnessing substantial growth driven by the surge in e-commerce activities, increasing development, and the rising demand for same-day or next-day delivery services. Technology progressions such as autonomous delivery vehicles, route optimization software, and real-time tracking solutions are further propelling market expansion.

Major Growth Factors of the Last Mile Delivery Market

• Rapid growth in e-commerce and online shopping
• There has been increased demand for fast, contactless, and reliable delivery services
• Expansion of urban infrastructure and smart cities
• There have been technological advancements in logistics and fleet management
• Rising investments in drone and autonomous delivery solutions
• There has been growing use of third-party logistics (3PL) providers
• Surge in subscription-based and direct-to-consumer (D2C) models
• There has been rising customer expectations for real-time delivery tracking

Last Mile Delivery Market Trends

Last Mile Delivery Market is witnessing a modification toward automation and digitalization to improve productivity and reduce delivery time. Companies are exploring electric vehicles (EVs), drone deliveries, and smart lockers to minimize operational costs and enhance sustainability. There is also growing adoption of AI-powered route planning tools and crowd-sourced delivery models to optimize performance and scalability.

Emerging Developments in the Last Mile Delivery Market

Last Mile Delivery Market is emerging with trends in the market that include the use of unmanned aerial vehicles (UAVs) and autonomous ground vehicles for faster and safer deliveries. Retailers and logistics firms are also investing in last-mile micro-fulfilment centres to stay closer to end customers. Association between technology firms and logistics providers is enhancing predictive analytics and real-time visibility into parcel movements.

List of Leading Companies in the Last Mile Delivery Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Amazon Logistics

In-house logistics network of Amazon providing fast and efficient last-mile delivery services globally.

2. DHL Parcel

Global logistics giant offering innovative last-mile solutions with strong presence in urban and rural areas.

3. FedEx Corporation

Major player in express transportation and last-mile delivery, known for time-sensitive logistics solutions.

4. United Parcel Service (UPS)

Global logistics provider with extensive last-mile delivery network and advanced tracking capabilities.

5. Postmates (Uber Technologies Inc.)

On-demand delivery service specializing in urban last-mile logistics, now integrated with Uber Eats.

6. XPO Logistics

Leading provider of transportation and logistics services, focusing on final-mile delivery for heavy goods.

7. JD Logistics

A subsidiary of JD.com offering end-to-end delivery solutions with significant investment in automation.

8. Delhivery

Indian logistics company providing technology-driven last-mile delivery and fulfillment services.

9. Bringg

A platform offering delivery orchestration solutions to optimize last-mile logistics across industries.

10. Glovo

On-demand delivery platform enabling rapid last-mile services for food, groceries, and parcels.

How big is the Last Mile Delivery Market : FAQ's