First & Last Mile Delivery Market – By Cargo Type , By Vehicle Type , By Application , By Geography - Opportunity Analysis & Industry Forecast, 2025-2031

Report Code: AM 14846 Report Format: PDF + Excel

First & Last Mile Delivery Market Overview:

The First & Last Mile Delivery Market size is estimated to reach $293 Billion by 2031, growing at a CAGR of 7.1% during the forecast period 2025-2031. First-mile delivery is at the start of the delivery portion of the supply chain from supplier to retailers and last-mile delivery is at the end of the supply chain from retailer to the end user. The adoption of electric vehicles in first and last mile delivery is driving sustainability in the supply chain by significantly reducing carbon emissions and reliance on fossil fuels. The rapid growth of e-commerce is further propelling the demand for efficient and eco-friendly delivery solutions. With consumers increasingly demanding same-day delivery and delivery in a few hours, there is a need for efficient first and last mile delivery options.

Quick commerce is reshaping first and last mile delivery with consumers demanding ultra-fast deliveries within 10 to 30 minutes. Companies are establishing hyperlocal fulfillment centers and dark stores to meet demand. In December 2024, NX Logistics India Private Limited opened a new warehouse in eastern Bengaluru and launched operations with Zepto, one of India's largest emerging quick-commerce companies. The warehouse will also utilize data analytics to optimize logistics workflow and help strengthen Zepto's supply chains in the Bengaluru area. Drones are another trend in the market that enable faster and more cost-effective deliveries. Companies like Amazon and UPS are piloting drone deliveries to revolutionize logistics.

First & Last Mile Delivery Market - Report Coverage:

The “First & Last Mile Delivery Market Report - Forecast (2025-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the First & Last Mile Delivery Market.

Attribute Segment

By Cargo Type
  • Dry Goods
  • Postal
  • Liquid Goods

By Vehicle Type
  • Two Wheelers
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Application
  • Chemicals
  • Pharmaceuticals
  • FMCG
  • Food and Beverage
  • Electronics
  • Others

By Geography

  • North America (U.S., Canada and Mexico)
  • Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),
  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),
  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)
  • Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:  

  1. The COVID-19 pandemic had a profound impact on the global First & Last Mile Delivery market. The pandemic accelerating the shift to e-commerce and increasing demand for contactless delivery. With lockdowns and restrictions, consumers turned to online shopping leading to a surge in delivery volumes. This put pressure on logistics providers to adapt quickly and implement new technologies and practices to meet the rising demand while ensuring safety.
  2. The Russia Ukraine war disrupted global supply chains and affected first and last mile delivery. Increased energy prices and sanctions led to higher operational costs and delays. The conflict also strained the availability of raw materials and components, causing shortages and impacting delivery schedules. 

Key Takeaways:

APAC Leads the Market 

APAC held the largest market share in 2024. Countries like China, India and Japan have well-established and emerging logistics networks that support the high demand for last-mile solutions. The presence of e-commerce giants such as Alibaba, JD.com and Flipkart fuels the region’s dominance as these companies continuously invest in optimizing delivery networks. Additionally, the densely populated cities in this region creates a need for efficient and cost-effective delivery solutions with companies relying on two-wheelers, LCVs and electric vehicles (EVs). In November 2024, Flipkart announced that it completed the rollout of over 10,000 EVs into its delivery fleet as part of its effort to transition the logistics into a greener mode of transportation. The company targets shifting its entire last-mile logistics fleet to electric vehicles by 2030. The EVs have reduced Flipkart’s logistics costs per order at its delivery hub level and ameliorated its delivery speed by 20% when compared to traditional delivery vehicles. The rise of mobile-based ordering and digital payment solutions further strengthens the logistics ecosystem.

LCVs are the Largest Segment

Light Commercial Vehicles (LCVs) dominate the first and last mile delivery market due to their versatility, cost-effectiveness and efficiency in urban and suburban logistics. These vehicles including vans and small trucks strike a balance between cargo capacity and maneuverability making them ideal for delivering e-commerce packages, groceries, and FMCG products. LCVs can navigate congested city streets and residential areas more efficiently than heavy commercial vehicles while offering higher load capacity than two-wheelers. Their lower operational costs and fuel efficiency further drive their adoption among logistics providers. Additionally, advancements in electric LCVs are enhancing sustainability, reducing carbon footprints and aligning with regulatory emissions standards. In June 2024, Australian logistics company, Team Global Express received a major $190 million financing deal led by the Clean Energy Finance Corporation and announced the addition more than 300 electric trucks, vans and mobile charging stations to its fleet of electric last mile delivery. 

Dry Goods are the Largest Segment

Dry goods hold the largest market share in the First & Last Mile Delivery Market in 2024 due to the extensive demand for non-perishable products in e-commerce, retail, and FMCG industries. This category includes packaged foods, clothing, electronics, books, and household essentials that require efficient transportation but do not have strict temperature control requirements like perishable goods. The growth of online shopping has significantly boosted the need for dry goods logistics, with companies prioritizing fast and cost-effective deliveries. Warehousing and distribution centers are optimized for dry goods handling, ensuring streamlined operations. In July 2023, The Kraft Heinz Company announced an investment of more than $400 million in a new automated CPG distribution center. The facility will be responsible for distributing over 60% of Heinz’s food service business and approximately 30% of all dry goods and will be operational in 2025. Furthermore, dry goods have fewer regulatory constraints compared to food and pharmaceuticals, making their transportation more straightforward and scalable.

Increasing Adoption of Electric Vehicles Drives the Market

The rising adoption of electric vehicles (EVs) in first and last mile delivery is significantly boosting market demand. Companies are prioritizing sustainability and cost-efficiency leading to an increased investment in electric fleets. EVs help reduce carbon emissions, comply with stringent environmental regulations and lower fuel and maintenance costs compared to conventional vehicles. In September 2024, FedEx placed an order for 15 Workhorse W56 step vans marking a significant step in its journey toward carbon-neutral global operations by 2040. This collaboration aligns with FedEx’s ongoing efforts to transition to zero-emission vehicles and reduce its environmental footprint. Governments worldwide are incentivizing EV adoption through tax benefits, subsidies and infrastructure development making them a viable alternative for logistics providers. Additionally, advancements in battery technology and improved charging networks have enhanced the range and efficiency of EVs, making them more suitable for urban deliveries.

Traffic Congestion and Incorrect Addresses to Hamper the Market

Traffic congestion and inaccurate delivery addresses are significant challenges in first and last mile logistics. Urban areas particularly in high-density cities experience severe traffic delays making it difficult for delivery fleets to maintain efficiency. Additionally, incorrect or incomplete address information results in failed deliveries which further escalates operational costs. Congestion leads to increased fuel costs, delayed deliveries and lower customer satisfaction. Additionally, the delivery personnel are in a rush to complete the deliveries and do not follow safety protocols. As per a 2024 survey by the Saudi Center for Opinion Polling (SCOP), 49% of the respondents were exposed to or witnessed a traffic accident in which one of the parties was a delivery boy while 64% believe that the delivery representatives drive recklessly. Some of these drivers were found driving their bikes in opposite traffic directions and riding their bikes on sidewalks in order to avoid traffic congestion so as to speed up the delivery of orders to customers. 

First & Last Mile Delivery Market

For more details on this report - Request for Sample

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the First & Last Mile Delivery Market. The top 10 companies in this industry are listed below: 

  1. FedEx Corp. 
  2. United Parcel Service Inc. 
  3. CEVA Logistics 
  4. DHL Group 
  5. CJ Logistics Corporation
  6. GEODIS 
  7. KUEHNE + NAGEL 
  8. DSV
  9. Nippon Express
  10. Kerry Logistics Network Limited 

Scope of the Report: 

Report Metric Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

7.1%

Market Size in 2031

$293 Billion

Segments Covered

By Cargo Type, By Vehicle Type, By Application and By Geography.
 

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).
 

Key Market Players
  1. FedEx Corp.
  2. United Parcel Service Inc.
  3. CEVA Logistics
  4. DHL Group
  5. CJ Logistics Corporation
  6.  GEODIS
  7. KUEHNE + NAGEL
  8.  DSV
  9. Nippon Express
  10. Kerry Logistics Network Limited

 

For more Automotive Market reports, please click here

  1.    First & Last Mile Delivery Market - Overview
      1.1.    Definitions and Scope
  2.    First & Last Mile Delivery Market - Executive Summary
      2.1.    Key trends by Cargo Type 
      2.2.    Key trends by Vehicle Type  
      2.3.    Key trends by Application 
      2.4.    Key trends by Geography 
  3.    First & Last Mile Delivery Market - Comparative Analysis
      3.1.    Company Benchmarking - Key Companies
      3.2.    Financial Analysis - Key Companies
      3.3.    Market Share Analysis - Key Companies
      3.4.    Patent Analysis
      3.5.    Pricing Analysis
  4.    First & Last Mile Delivery Market - Start-up Companies Scenario
      4.1.    Key Start-up Company Analysis by
            4.1.1.    Investment & Revenue
            4.1.2.    Venture Capital and Funding Scenario
  5.    First & Last Mile Delivery Market – Market Entry Scenario Premium
      5.1.    Regulatory Framework Overview
      5.2.    New Business and Ease of Doing Business Index
      5.3.    Case Studies of Successful Ventures
  6.    First & Last Mile Delivery Market - Forces
      6.1.    Market Drivers
      6.2.    Market Constraints
      6.3.    Market Challenges
      6.4.    Porter's Five Force Model
            6.4.1.    Bargaining Power of Suppliers
            6.4.2.    Bargaining Powers of Customers
            6.4.3.    Threat of New Entrants
            6.4.4.    Rivalry Among Existing Players
            6.4.5.    Threat of Substitutes
  7.    First & Last Mile Delivery Market – Strategic Analysis
      7.1.    Value Chain Analysis
      7.2.    Opportunities Analysis
      7.3.    Product Life Cycle/Market Life Cycle Analysis
      7.4.    Supplier/Distributor Analysis
  8.    First & Last Mile Delivery Market – By Cargo Type (Market Size – $Million/$Billion)
      8.1.    Dry Goods
      8.2.    Postal 
      8.3.    Liquid Goods
  9.    First & Last Mile Delivery Market– By Vehicle Type (Market Size – $Million/$Billion)
      9.1.    Two Wheelers
      9.2.    Light Commercial Vehicles 
      9.3.    Heavy Commercial Vehicles
  10.    First & Last Mile Delivery Market– By Application (Market Size – $Million/$Billion)
      10.1.    Chemicals
      10.2.    Pharmaceuticals
      10.3.    FMCG
      10.4.    Food and Beverage
      10.5.    Electronics 
      10.6.    Others
  11.    First & Last Mile Delivery Market – by Geography (Market Size – $Million/$Billion) 
      11.1.    North America
            11.1.1.    U.S
            11.1.2.    Canada
            11.1.3.    Mexico
      11.2.    Europe
            11.2.1.    Germany
            11.2.2.    France
            11.2.3.    UK
            11.2.4.    Italy
            11.2.5.    Spain
            11.2.6.    Russia
            11.2.7.    Rest of Europe
      11.3.    Asia-Pacific
            11.3.1.    China
            11.3.2.    Japan
            11.3.3.    South Korea
            11.3.4.    India
            11.3.5.    Australia & New Zealand
            11.3.6.    Rest of Asia-Pacific
      11.4.     South America
            11.4.1.    Brazil
            11.4.2.    Argentina
            11.4.3.    Chile
            11.4.4.    Colombia
            11.4.5.    Rest of South America
      11.5.    Rest of The World
            11.5.1.    Middle East
            11.5.2.    Africa
  12.    First & Last Mile Delivery Market – Entropy
      12.1.    New product launches
      12.2.    M&A's, collaborations, JVs and partnerships
  13.    First & Last Mile Delivery Market – Industry/Segment Competition Landscape 
      13.1.    Market Share Analysis
            13.1.1.    Market Share by Global 
            13.1.2.    Market Share by Region
            13.1.3.    Market Share by Country
  14.    First & Last Mile Delivery Market – Key Company List by Country Premium 
  15.    First & Last Mile Delivery Market – Company Analysis
      15.1.    FedEx Corp. 
      15.2.    United Parcel Service Inc. 
      15.3.    CEVA Logistics 
      15.4.    DHL Group 
      15.5.    CJ Logistics Corporation
      15.6.    GEODIS 
      15.7.    KUEHNE + NAGEL 
      15.8.    DSV
      15.9.    Nippon Express
      15.10.    Kerry Logistics Network Limited 
 
 "Financials to the Private Companies would be provided on a best-effort basis."
   

LIST OF TABLES

1.Global First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 ($M)
1.1 Chemical Market 2023-2030 ($M) - Global Industry Research
1.2 Pharmaceutical and Healthcare Market 2023-2030 ($M) - Global Industry Research
1.3 FMCG Market 2023-2030 ($M) - Global Industry Research
1.4 Hi-tech Product Industry Market 2023-2030 ($M) - Global Industry Research
1.5 Food and Beverage Market 2023-2030 ($M) - Global Industry Research
2.Global First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 ($M)
2.1 Light Duty Vehicle Market 2023-2030 ($M) - Global Industry Research
2.2 Medium Duty Vehicle Market 2023-2030 ($M) - Global Industry Research
2.3 Heavy Duty Vehicle Market 2023-2030 ($M) - Global Industry Research
3.Global First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 ($M)
3.1 Dry Goods Market 2023-2030 ($M) - Global Industry Research
3.2 Postal Market 2023-2030 ($M) - Global Industry Research
3.3 Liquid Goods Market 2023-2030 ($M) - Global Industry Research
4.Global First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 (Volume/Units)
4.1 Chemical Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Pharmaceutical and Healthcare Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 FMCG Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Hi-tech Product Industry Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Food and Beverage Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 (Volume/Units)
5.1 Light Duty Vehicle Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Medium Duty Vehicle Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Heavy Duty Vehicle Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 (Volume/Units)
6.1 Dry Goods Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Postal Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Liquid Goods Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 ($M)
7.1 Chemical Market 2023-2030 ($M) - Regional Industry Research
7.2 Pharmaceutical and Healthcare Market 2023-2030 ($M) - Regional Industry Research
7.3 FMCG Market 2023-2030 ($M) - Regional Industry Research
7.4 Hi-tech Product Industry Market 2023-2030 ($M) - Regional Industry Research
7.5 Food and Beverage Market 2023-2030 ($M) - Regional Industry Research
8.North America First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 ($M)
8.1 Light Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
8.2 Medium Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
8.3 Heavy Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
9.North America First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 ($M)
9.1 Dry Goods Market 2023-2030 ($M) - Regional Industry Research
9.2 Postal Market 2023-2030 ($M) - Regional Industry Research
9.3 Liquid Goods Market 2023-2030 ($M) - Regional Industry Research
10.South America First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 ($M)
10.1 Chemical Market 2023-2030 ($M) - Regional Industry Research
10.2 Pharmaceutical and Healthcare Market 2023-2030 ($M) - Regional Industry Research
10.3 FMCG Market 2023-2030 ($M) - Regional Industry Research
10.4 Hi-tech Product Industry Market 2023-2030 ($M) - Regional Industry Research
10.5 Food and Beverage Market 2023-2030 ($M) - Regional Industry Research
11.South America First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 ($M)
11.1 Light Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
11.2 Medium Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
11.3 Heavy Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
12.South America First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 ($M)
12.1 Dry Goods Market 2023-2030 ($M) - Regional Industry Research
12.2 Postal Market 2023-2030 ($M) - Regional Industry Research
12.3 Liquid Goods Market 2023-2030 ($M) - Regional Industry Research
13.Europe First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 ($M)
13.1 Chemical Market 2023-2030 ($M) - Regional Industry Research
13.2 Pharmaceutical and Healthcare Market 2023-2030 ($M) - Regional Industry Research
13.3 FMCG Market 2023-2030 ($M) - Regional Industry Research
13.4 Hi-tech Product Industry Market 2023-2030 ($M) - Regional Industry Research
13.5 Food and Beverage Market 2023-2030 ($M) - Regional Industry Research
14.Europe First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 ($M)
14.1 Light Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
14.2 Medium Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
14.3 Heavy Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
15.Europe First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 ($M)
15.1 Dry Goods Market 2023-2030 ($M) - Regional Industry Research
15.2 Postal Market 2023-2030 ($M) - Regional Industry Research
15.3 Liquid Goods Market 2023-2030 ($M) - Regional Industry Research
16.APAC First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 ($M)
16.1 Chemical Market 2023-2030 ($M) - Regional Industry Research
16.2 Pharmaceutical and Healthcare Market 2023-2030 ($M) - Regional Industry Research
16.3 FMCG Market 2023-2030 ($M) - Regional Industry Research
16.4 Hi-tech Product Industry Market 2023-2030 ($M) - Regional Industry Research
16.5 Food and Beverage Market 2023-2030 ($M) - Regional Industry Research
17.APAC First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 ($M)
17.1 Light Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
17.2 Medium Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
17.3 Heavy Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
18.APAC First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 ($M)
18.1 Dry Goods Market 2023-2030 ($M) - Regional Industry Research
18.2 Postal Market 2023-2030 ($M) - Regional Industry Research
18.3 Liquid Goods Market 2023-2030 ($M) - Regional Industry Research
19.MENA First and Last Mile Delivery Market Analysis and Forecast, by End-use Market 2023-2030 ($M)
19.1 Chemical Market 2023-2030 ($M) - Regional Industry Research
19.2 Pharmaceutical and Healthcare Market 2023-2030 ($M) - Regional Industry Research
19.3 FMCG Market 2023-2030 ($M) - Regional Industry Research
19.4 Hi-tech Product Industry Market 2023-2030 ($M) - Regional Industry Research
19.5 Food and Beverage Market 2023-2030 ($M) - Regional Industry Research
20.MENA First and Last Mile Delivery Market Analysis and Forecast, by Vehicle Type Market 2023-2030 ($M)
20.1 Light Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
20.2 Medium Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
20.3 Heavy Duty Vehicle Market 2023-2030 ($M) - Regional Industry Research
21.MENA First and Last Mile Delivery Market Analysis and Forecast, by Cargo Type Market 2023-2030 ($M)
21.1 Dry Goods Market 2023-2030 ($M) - Regional Industry Research
21.2 Postal Market 2023-2030 ($M) - Regional Industry Research
21.3 Liquid Goods Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
2.Canada First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
3.Mexico First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
4.Brazil First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
5.Argentina First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
6.Peru First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
7.Colombia First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
8.Chile First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
9.Rest of South America First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
10.UK First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
11.Germany First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
12.France First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
13.Italy First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
14.Spain First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
15.Rest of Europe First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
16.China First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
17.India First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
18.Japan First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
19.South Korea First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
20.South Africa First And Last Mile Delivery Market Revenue, 2023-2030 ($M)
21.North America First And Last Mile Delivery By Application
22.South America First And Last Mile Delivery By Application
23.Europe First And Last Mile Delivery By Application
24.APAC First And Last Mile Delivery By Application
25.MENA First And Last Mile Delivery By Application
26.Company Footprints, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Cargo Carriers Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.FedEx Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.United Parcel Service Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Tuma Transport, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Swift Transport, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Interlogix Pty. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Transtech Logistics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Procet Freight, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Concargo Private Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.JandJ Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.DB SCHENKER, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.DHL Forwarding, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.TNT Express, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Kerry Logistics Network Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.KART, Sales /Revenue, 2015-2018 ($Mn/$Bn)
42.Yamato Transport Co., Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
43.Overland Total Logistics Services Sdn Bhd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
44.CEVA Logistics, Sales /Revenue, 2015-2018 ($Mn/$Bn)
45.Nippon Express, Sales /Revenue, 2015-2018 ($Mn/$Bn)
46.KUEHNE + NAGEL, Sales /Revenue, 2015-2018 ($Mn/$Bn)
47.SCG Logistics Management Company Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
48.CJ Logistics Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
49.Tiong Nam Logistics Holdings, Sales /Revenue, 2015-2018 ($Mn/$Bn)
50.GEODIS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
51.Kintetsu Express, Sales /Revenue, 2015-2018 ($Mn/$Bn)

The First & Last Mile Delivery Market is projected to grow at 7.1% CAGR during the forecast period 2025-2031.

The First & Last Mile Delivery Market size is estimated to be $181 billion in 2024 and is projected to reach $293 Billion by 2031

The leading players in the First & Last Mile Delivery Market are FedEx Corp., United Parcel Service Inc., CEVA Logistics, DHL Group, CJ Logistics Corporation and Others.

Quick commerce and use of drones are some of the major File and Last Mile Delivery Market trends in the industry which will create growth opportunities for the market during the forecast period.

Rising adoption of electric vehicles, growth of ecommerce, sustainability in supply chain and the demand for same day delivery are the driving factors of the market.