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The First and Last Mile Delivery Market, critical for logistics and e-commerce, is set to grow from USD 186.6 billion in 2025 to USD 446.4 billion by 2034, at a CAGR of 10.2%. Driven by e-commerce demand, sustainability, and technologies like AI and drones, the market is witnessing rapid innovation and transformation.
First And Last Mile Delivery Market
First And Last Mile Delivery Market
Dublin, June 13, 2025 (GLOBE NEWSWIRE) — The “First and Last Mile Delivery Market 2025-2034” has been added to ResearchAndMarkets.com’s offering.
The First and Last Mile Delivery Market is projected to reach a valuation of USD 186.6 billion by 2025, with expectations for robust growth at a CAGR of 10.2%, ultimately achieving global sales of USD 446.4 billion by 2034
The research assesses direct and indirect factors influencing the First and Last Mile Delivery market’s supply and demand dynamics. A thorough analysis of the complete supply chain-via parent, derived, and intermediary markets-unveils alternatives and substitutes. Geopolitical, demographic, and Porter’s five forces analyses are meticulously evaluated to furnish precise market projections.
This market sector is pivotal to logistics and e-commerce, particularly in facilitating efficient delivery from distribution centers direct to customers or from suppliers to distribution hubs. As e-commerce thrives, the demand for streamlined first and last mile solutions is soaring, necessitating faster delivery and heightened convenience.
Urbanization and the surge in on-demand services are reshaping the landscape for last-mile solutions. The gig economy, coupled with technological innovations like AI and data analytics, is revolutionizing delivery processes, enhancing cost-efficiency and sustainability. In 2024, technology-driven advancements focusing on sustainability will steer market developments. Across many companies, autonomous vehicles and drones are being deployed to enhance delivery speed, cut costs, and boost overall efficiency. The growing adoption of electric vehicles aligns with sustainability aims, significantly lowering urban carbon emissions. Complementary advances in route optimization technology are reducing delivery times and conserving fuel.
Data analytics and AI are crucial in predicting demand, optimizing warehouse management, and refining last-mile routing, resulting in superior service and operational cost efficiency. The role of micro-warehouses in urban areas is integral to minimizing delivery times and speeding up last-mile execution. With investments in these technologies, the competitive landscape is swiftly evolving, challenging traditional delivery models to integrate more innovative and eco-conscious approaches.
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