DUBLIN, Dec. 12, 2019 /PRNewswire/ — The “Last Mile Delivery Market in North America by Service and Geography – Forecast and Analysis 2020-2024″ report has been added to ResearchAndMarkets.com’s offering.
The last mile delivery market analysis considers sales from both business to customer (B2C) and business to business (B2B) services. Our analysis also considers the sales of last mile delivery in the US and Canada. In 2019, the B2C segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as same-day delivery and package returns will play a significant role in the B2C segment to maintain its market position.
Also, the last mile delivery market report looks at factors such as growth of e-retailing, rise in the number of new market entrants, and premiumization of goods and merchandise delivery. However, operational challenges, risks associated with package damage and theft, and introduction of alternate delivery services may hamper the growth of the last mile delivery industry over the forecast period.
Last-Mile Delivery Market in North America: Overview
Growth of e-retailing
Online retailing has changed the way customers and retailers interact with each other. Many people prefer to shop online due to ease of making purchases and the convenience of at-home-shopping. Major logistics providers such as XPO Logistics, UPS, and FedEx are offering last mile delivery services to small and large enterprises. This demand for online retailing will lead to the expansion of the last mile delivery market at a CAGR of over 14% during the forecast period.
Strong focus on technological advances
The adoption of technological advances allows consumers to manage and modify retail deliveries with the help of easily accessible online tools. These tools provide greater transparency with complete control over package delivery. Technological advances, such as real-time tracking, allow consumers to manage and modify retail deliveries. Other technologies that have already witnessed wide-scale implementation in last mile logistics include online delivery status updates, real-time order tracking, and delivery time estimations. This development is expected to have a positive impact on the overall market growth.
With the presence of several major players, the last mile delivery market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading last mile delivery vendors, that include CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV AS, FedEx Corp., GEODIS SA, North American Logistics Holdings, United Parcel Service Inc., United States Postal Service, and XPO Logistics Inc.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY SERVICE
- Business to consumer (B2C)
- Business to business (B2B)
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- US – Market size and forecast 2019-2024
- Canada – Market size and forecast 2019-2024
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Growing focus of vendors on expanding their market presence in North America
- Strong focus on technological advances
- Strong focus on offering services to specific end-user segments
PART 11: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- CEVA Logistics AG
- Deutsche Bahn AG
- Deutsche Post DHL Group
- DSV AS
- FedEx Corp.
- GEODIS SA
- North American Logistics Holdings
- United Parcel Service Inc.
- United States Postal Service
- XPO Logistics Inc.
For more information about this report visit https://www.researchandmarkets.com/r/shp1z0
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