From GlobeNewswire: 2025-04-30 04:40:00

The Last Mile Delivery Market is projected to grow from US$ 168.74 billion in 2024 to US$ 303.59 billion by 2031, with a CAGR of 8.8% driven by increased online shopping and advanced technology adoption. Major players like FedEx and Amazon are innovating with eco-friendly solutions to reduce emissions and meet consumer demand for sustainable logistics.

Innovations in last-mile delivery, such as electric vehicles, drones, and AI-driven logistics, are transforming the industry to meet rising consumer expectations for speed and sustainability. Companies are adopting green practices like renewable energy and reusable packaging to reduce environmental impact and operational costs, positioning sustainability as a competitive advantage.

North America and Europe lead the last mile delivery market, with the US, Canada, UK, Germany, France, and the Netherlands driving growth through e-commerce expansion and eco-friendly solutions. Companies like Amazon, FedEx, UPS, and startups are deploying innovative technologies to enhance delivery speed, efficiency, and environmental sustainability in response to increasing demand for faster services.

FedEx in India and J&T Express in Southeast Asia are deploying electric vehicles and advanced technologies to revolutionize last-mile delivery, supporting sustainable logistics and innovation in the industry. Last-mile delivery represents a critical aspect of the logistics chain, with challenges like urban congestion and environmental impact driving the need for technology-driven, sustainable solutions.

Business Market Insights provides comprehensive market research reports on various industries, offering insights on market size, growth projections, and competitive landscapes to help businesses succeed in dynamic markets. By prioritizing technology, sustainability, and customer agility, companies in the last-mile delivery sector are reshaping the industry for a future of accelerated digitalization, greener practices, and enhanced delivery ecosystems for consumers.



Read more at GlobeNewswire: Revolutionizing Last Mile Delivery Market: AI-Powered