Last mile delivery market in Europe is expected to grow from US$ 677.0 Mn in 2018 to US$ 2,491.8 Mn by the year 2027 with a CAGR of 16.1% from the year 2019 to 2027.
The adoption of automated technologies into logistics services and rising demand for value-added services and adequate last mile deliveries are the key factors driving the growth of the last mile delivery market. Moreover, the rapid growth of the e-commerce sector, owing to the increase in smartphones and internet penetration is anticipated to boost the last mile delivery market growth in the near future. Automation is highly potential to raise the efficiency level in logistics services also. With continuous advancements in technologies, utilization of parcel locker, parcel box, drones, robotics, and smart door lock are the dominant technologies. At present, packages/parcels can be transported through drones or stand-alone vehicles, due to automated technologies develop to make package delivery convenient and quick. About the fact, deliveries get affected by the cost of labor, shifts, and availability. However, delivery through robotics is capable of addressing all challenges faced during the traditional method of shipments as these robotics ensures parcel delivery within a day. Such integration of technologies into logistics services, assist the logistics companies in delivering every consumer’s packages on time and securely.
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The List of Companies:
- CEVA Logistics AG
- DB Schenker (Deutsche Bahn AG)
- DHL (Deutsche Post AG)
- DSV A/S
- FedEx Corporation
- GEODIS
- Kuehne + Nagel International AG
- Nippon Express Co., Ltd.
- XPO Logistics, Inc.
- United Parcel Service, Inc.
The latest research report on the “Europe Last Mile Delivery Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Europe Last Mile Delivery market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Europe Last Mile Delivery market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply, and demand changes across various regions across the globe. Thereby, the report provides a holistic view of the Europe Last Mile Delivery Market in order to help decision-makers with various strategic insights and future outlook. The Europe Last Mile Delivery market is expected to witness continued growth during the forecast period from 2020 to 2027.
This is a professional and in-depth study on the current state of the Europe Last Mile Delivery Market with a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Europe Last Mile Delivery Market import/export consumption, supply and demand figures, and cost price and production value gross margins are also provided.
The report focuses on global major leading Europe Last Mile Delivery Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. Upstream raw materials and equipment and downstream demand analysis are also carried out.
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- Highlights key business priorities to assist companies to realign their business strategies.
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