Last Mile Delivery Market in North America by Service and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46588
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The last mile delivery market size in North America is expected to grow by USD 59.81 billion and record a CAGR of 15.99% during 2021-2025.

This post-pandemic last mile delivery market in North America report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this last mile delivery market in North America analysis report, key drivers such as growing B2C e-commerce industry in US have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as operational challenges for last mile delivery companies, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Last Mile Delivery Market Size in North America be in 2021?

Last-Mile-Delivery-Market-In-North-America-Market-Size-2020-2025

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Who are the Key Vendors in the Last Mile Delivery Market in North America?

The last mile delivery market in North America forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • CRST International Inc. 
  • Deutsche Bahn AG
  • Deutsche Post DHL Group
  • DSV Panalpina A/S
  • FedEx Corp.
  • Werner Enterprises Inc.
  • J.B. Hunt Transport Services Inc.
  • United Parcel Service Inc.
  • United States Postal Service
  • XPO Logistics Inc.

 

The last mile delivery market in North America is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This last mile delivery market in North America report further entails segmentations by service (B2C and B2B) and geography (US and Canada). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Last Mile Delivery Market in North America?

Last-Mile-Delivery-Market-In-North-America-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. The US will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. The strong focus on technological advances will significantly influence last mile delivery market growth in North America. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

82% of the market’s growth will originate from US during the forecast period. The US and Canada are the key markets for last mile delivery market in North America. This report provides estimations of the contribution of all regions to the growth of the last mile delivery market size in North America.

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What are the Key Factors Covered in this Last Mile Delivery Market in North America Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive last mile delivery market growth in North America during the next five years
  • Precise estimation of the last mile delivery market size in North America and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the last mile delivery market in North America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of last mile delivery market vendors in North America 

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Last Mile Delivery Market In North America Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16%

Market growth 2021-2025

$ 59.81 billion

Market structure

Fragmented

YoY growth (%)

14.80

Regional analysis

US and Canada

Performing market contribution

US at 82%

Key consumer countries

US and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

CRST International Inc. , Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina A/S, FedEx Corp., Werner Enterprises Inc., J.B. Hunt Transport Services Inc., United Parcel Service Inc., United States Postal Service, and XPO Logistics Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The last mile delivery market growth will increase by $59.81 billion during 2020-2025.
The last mile delivery market is expected to grow at a CAGR of 15.99% during 2020-2025.
Technavio has segmented the last mile delivery market by service (B2C and B2B) and geographic (US and Canada).
CRST International Inc. , Deutsche Bahn AG, Deutsche Post DHL Group, DSV Panalpina A/S, FedEx Corp., J.B. Hunt Transport Services Inc., United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., XPO Logistics Inc. are a few of the key vendors in the last mile delivery market.
US will register the highest growth rate of 82.38% among the other regions. Therefore, the last mile delivery market in US is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the last mile delivery market growth are:
  • Growing B2C e-commerce industry in US
The last mile delivery market vendors should focus on grabbing business opportunities from the b2c segment as it accounted for the largest market share in the base year.
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