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Last Mile Delivery Market Next Big Thing | Major Giants- FedEx, SF Express, XPO Logistics
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19 May 2021, 06:41 GMT+10
The latest published document on Global Last Mile Delivery market provides comprehensive market data and stats to gain competitive advantage. The study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. Increasing research and development (R&D) activities with the aim to develop advanced and eco-friendly variants are further catalyzing the market growth can be witnessed with this version of Last Mile Delivery market study.
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The Global Last Mile Delivery market is expected to reach $7.84 billion by 2026 growing at a CAGR of 18.7% during 2019 to 2026. The movement of goods from a distribution centre to the end-user which is usually the last delivery destination is known as last mile delivery. The focus of last mile delivery companies is mainly on delivery of good to the end-user as fast as possible.
Factors such as continuous growth in the demand on-time delivery by the consumers and integration of automated technologies are driving the market growth. However, inadequate structure of transportation and parcel deliveries are restraining the market growth.
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The report predicts the global last mile delivery market to grow with a CAGR of 7.6% over the forecast period from 2020-2026.
The report on the global last mile delivery market provides qualitative and quantitative analysis for the period from 2018 to 2026. The study on last mile delivery market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.
The report on last mile delivery market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global last mile delivery market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.