The First and Last Mile Delivery Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the First and Last Mile Delivery Market?
The First and Last Mile Delivery market has experienced significant expansion recently. The market size was projected to increase from $186.31 billion in 2024 to $205.17 billion in 2025, with a 10.1% Compound Annual Growth Rate (CAGR).
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the First and Last Mile Delivery Industry?
By 2029, the first and last mile delivery market is forecasted to reach a market size of $306.21 billion, growing at a compound annual growth rate (CAGR) of 10.5%.
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What are the Key Growth Drivers Fueling the First and Last Mile Delivery Market?
The key drivers in the first and last mile delivery market are:
• Integration of autonomous vehicles in delivery services
• Expansion and popularity of same-day delivery options
• Increased focus on customizing delivery options
• Increased collaboration initiatives in urban mobility and sustainable practices
Global Market Segmentation: Identifying Major First and Last Mile Delivery Industry Segments
The first and last mile delivery market covered in this report is segmented –
1) By Type: Dry Goods, Postal, Liquid Goods
2) By Vehicle Type: Light Duty Vehicle, Medium Duty Vehicle, Heavy Duty Vehicle
3) By End Use: Chemical, Pharmaceutical And Healthcare, Fast-Moving Consumer Goods, Hi Tech Product, Food And Beverage, Other End Uses
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What are the Emerging Trends Shaping the Future of the First and Last Mile Delivery Market?
The key trends in the first and last mile delivery market are:
• The integration of autonomous vehicles in delivery services is an emerging trend.
• The expansion of same-day delivery services and customization of delivery options are shaping the future of the market.
• The implementation of sustainable practices, including the rise of electric and low-emission vehicles, is a key market trend.
• Advances in route optimization, real-time visibility, tracking, and contactless delivery solutions are significant forthcoming trends.
Who Are the Top Competitors & Leading Players in the First and Last Mile Delivery Market?
Major companies in the first and last mile delivery market are:
• FedEx Corporation
• DHL Global Forwarding
• Cargo Carriers Limited
• United Parcel Services Inc.
• Concargo Private Limited
• TNT Holdings B.V.
• Transtech Logistics Pvt Ltd.
• DB Schenker
• Swift Transportation Company
• Kerry Logistics Network Limited
• KART
• XPO Logistics
• DSV A/S
• J.B. Hunt Transport Inc.
• Agility
• CEVA Logistics
• STO Express
• Dachser Group SE & Co. KG
• The Toll Group
• C.H. Robinson
• China Post Group Corporation
• Kuehne + Nagel International AG
• GEODIS
• Nippon Express Co. Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the first and last mile delivery market in 2024
