Global First and Last Mile Delivery Market Size, Share, and Forecast Analysis 2025-2029

Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.

What Are the First and Last Mile Delivery Market Size Forecast for 2025?
The market size for the first and last mile delivery has been experiencing substantial growth over the past few years. A progression from the $186.31 billion value in 2024 to $204.08 billion in 2025, with a compound annual growth rate (CAGR) of 9.5%, is projected. Factors such as the surge in e-commerce, customer preference for fast and convenient services, environmental considerations, financial contributions to delivery infrastructure, and the emergence of on-demand services contribute to the growth seen in the historical period.

What Is the Market Size Outlook for First and Last Mile Delivery Until 2029?
Anticipated to surge rapidly in the coming years, the size of the first and last mile delivery market is forecasted to hit $303.13 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.4%. This projected growth within the forecast period can be ascribed to several factors, including the incorporation of autonomous vehicles, the proliferation of same-day delivery services, personalized delivery alternatives, enhanced urban mobility collaboration, and the adoption of eco-friendly practices. Noteworthy trends within the forecast span are autonomous delivery vehicles, micro-fulfillment hubs, the emergence of electric and low-emission vehicles, advanced route optimization integration, real-time tracking, and touch-free delivery options.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/first-and-last-mile-delivery-global-market-report

What Are the Major Factors Driving Demand in the First and Last Mile Delivery Market?
The anticipated expansion of e-commerce is set to drive the growth of the first-and-last-mile delivery markets in the future. E-commerce, typically conducted over the internet, entails the transaction of goods and services via an electronic network. The first-and-last-mile delivery service, which serves as a bridge between the supplier and the final consumer, facilitates both parties during the transaction process. The escalating growth of e-commerce is expected to fuel the first-and-last-mile delivery market. For example, data released by the United States Census Bureau, a government entity, in November 2023, revealed that U.S. retail e-commerce sales reached $284.1 billion in the third quarter of 2023. This represents a 7.6% rise from the same quarter in 2022, contributing to 15.6% of total sales. Hence, the flourishing e-commerce sector is the driving force behind the expansion of the first-and-last-mile delivery market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9499&type=smp

How Are End-Use Segments Shaping the First and Last Mile Delivery Market Outlook?
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

Subsegments:
1) By Dry Goods: Consumer Electronics, Apparel And Footwear, Home Goods And Furniture
2) By Postal: Letters And Documents, Small Packages, Bulk Mailing Services
3) By Liquid Goods: Beverages, Chemicals, Food Products

What Are the Strategic Trends Transforming the First and Last Mile Delivery Market Landscape?
A significant trend taking root in the first- and last-mile delivery markets is the enhancement of technology. To solidify their places in the market, leading companies are innovating and creating new technological solutions. For example, Celcius Logistics Solutions Pvt Ltd, a cold-chain marketplace based in India, debuted their Smart Last Mile Delivery Platform in September 2022. This platform encompasses a technology-driven inventory management system (IMS) and IoT devices that allow for real-time tracking, providing product visibility end to end. This groundbreaking platform reduces waste, streamlines delivery times, and bolsters food security by augmenting the efficiency of India's cold supply chains.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=9499&type=smp

Who Are the Prominent Companies in the First and Last Mile Delivery Market by ?
Major companies operating in the first and last mile delivery market include 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.

Which Region Is Expected to See the Highest CAGR in the First and Last Mile Delivery Market?
Asia-Pacific was the largest region in the first and last mile delivery market in 2024. The regions covered in the first and last mile delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Reach out to us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

The Business Research Company, with over 17,500+ reports across 27 industries and 60+ geographies, backed by 1,500,000 datasets and insights from industry leaders, offers comprehensive market intelligence through its flagship product, the Global Market Model (GMM), delivering updated forecasts for informed decision-making.

This release was published on openPR.