The first mile is the movement of goods from a retailer to anyone who is expected to deliver things to their final consumers, whereas the last mile is the last movement of goods to their final end users. For a vendor/manufacturer, first mile delivery is simply the last mile delivery.
First and Last Mile Delivery Market Overview of the Market:
The market research report on First and Last Mile Delivery Market includes a thorough investigation and evaluation of the market's standing over the anticipated period. This comprehensive study focuses on key and secondary drivers, market share, leading segments, and regional analysis. Key persons, major collaborations, mergers and acquisitions, innovation, and business strategies are also examined.
Growth Forecasts for the First and Last Mile Delivery Market:
First and Last Mile Delivery Market Size 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 Extent:
Our investigation of the First and Last Mile Delivery Market includes a thorough examination of both primary and secondary research approaches. This strategy improves our grasp of current market dynamics such as supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The collected data is analysed using several market estimation and data validation methodologies, as well as an in-house data forecasting algorithm that forecasts market growth until 2029. The research considers the impact of many factors on market activity, taking into account both historical and current market conditions.
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Key Players:
The analysis includes company profiles, product photos, specifications, capacity, production, pricing, costs, revenue, and contact information for the major global industry players in the First and Last Mile Delivery Market. Examining market trends, volume, and value on a global, regional, and corporate level, the study depicts the complete First and Last Mile Delivery Market Size from a global perspective, taking historical data and future predictions into account.
The research ranks important First and Last Mile Delivery market enterprises, highlighting players such as:
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
First and Last Mile Delivery Market Regional Evaluation:
The report provides a thorough overview of the sector by combining qualitative and quantitative data. It forecasts the global First and Last Mile Delivery market by segment and estimates market size for five key regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2023 to 2029. Each region is further subdivided into sub-regions and segments, which analyse different countries and present current trends and prospects.
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Impact of COVID-19 on the First and Last Mile Delivery Market:
We completed a thorough analysis of the First and Last Mile Delivery Market Development Strategy following COVID-19, covering corporate strategy, landscape, type, application, and major nations. This report includes statistical information on market dynamics, growth factors, significant challenges, PORTAL analysis, market entrance strategy analysis, opportunities, and projections. The major goal is to provide industry firms with a strategic analysis of the influence of COVID-19 while also investigating market possibilities in significant nations.
Key Questions Answered:
- What are the high-growth prospects in the First and Last Mile Delivery industry by product type, end user, and region?
- Which First and Last Mile Delivery market categories will experience the fastest growth, and why?
- Which regions will grow at an accelerated pace, and why?
- What are the major factors influencing First and Last Mile Delivery market dynamics, its drivers, and challenges?
- What business risks and dangers are prevalent in the First and Last Mile Delivery market?
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