Press release
Last Mile Delivery Market Size, Share & Global Insights 2022-2031
The Last Mile Delivery Market size is expected to reach US$ 74.68 billion by 2031 from US$ 42.27 billion in 2024. The market is estimated to record a CAGR of 8.5% from 2025 to 2031.The last mile delivery market in Europe is expanding rapidly owing to the surging e-commerce industry, increasing consumer demand for fast and flexible delivery options, and the rising development of advanced logistics technologies. The growth of last mile delivery market in Europe is primarily driven by the exponential rise in online shopping, which accounts for a significant portion of last mile delivery demand. The e-commerce sector in Europe has been growing steadily, with countries such as the United Kingdom, Germany, and France leading the charge. Europe's high population density and urbanization rates make it an ideal market for last mile delivery solutions.
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The last mile delivery market is undergoing rapid transformation, driven by e-commerce growth, technological advancements, and shifting consumer expectations. While the last mile delivery industry faces challenges related to operational costs, urban complexities, and regulatory barriers, there are tremendous opportunities for innovation. As technologies such as electric vehicles, autonomous delivery systems, and AI-powered analytics continue to evolve, the last mile delivery market is poised for significant growth, which further shapes the future of logistics and consumer satisfaction in Europe.
INTRODUCTION
The last mile delivery market in Europe is a dynamic and rapidly evolving space. With the continued growth of e-commerce, increasing urbanization, and rising technologies, the sector offers immense opportunities for companies willing to innovate and adapt. At the same time, businesses must address challenges of high costs, regulatory complexities, and environmental concerns to capitalize on the market's potential. The future of last mile delivery in Europe is expected to be defined by a balance between efficiency, sustainability, and customer-centricity.
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Key Segmentation:
Key segments that contributed to the derivation of the Last Mile Delivery Market analysis are type and application.
• By type, the Last Mile Delivery Market is segmented into B2B and B2C. The B2C segment held a larger share of the market in 2024.
• In terms of vehicle type, the market is segmented into motorcycle, commercial vehicle, drones, autonomous ground vehicles, and others. The commercial vehicle segment held the largest share of the market in 2024
• By end user, the Last Mile Delivery Market is segmented into groceries, home essentials/houseware & home furnishings, restaurant meals, clothing & apparel, consumer electronics, toys/hobbies/sporting goods, mass merchants, jewellery, specialty, automotive parts & assemblies, and others. The mass merchants segment held a largest share of the market in 2024.
Key Market Players
• EIA Urban Mobility
• GS1 in Europe
• EIT
• Ecommerce Europe
• European Logistics Association
• Interreg Europe
Table of Contents
Some of the key players operating in the market includes Amazon.com Inc, United Parcel Service Inc, FedEx Corp, Deutsche Post AG, XPO Inc, GEODIS SA, DSV AS, DB Schenker, C H Robinson Worldwide Inc, J B Hunt Transport Services Inc, DHL Group, Japan Post Holdings, S.F. E-Commerce Co., Ltd., EZ LOGISTICS INDIA, and ZeNXL.in among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisition to provide innovative products to their consumers and increase their market share.
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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