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Last Mile Delivery Market Should Grow to US$720.9 Bn in 2025

Last mile delivery market is expected to flourish in the coming years as consumers continue to opt for online shopping with rise of e-commerce platforms. Increasing expectations from last mile deliveries from both seller and buyersu2019 side have become integral to the shape the global last mile delivery market.

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Last Mile Delivery Market Should Grow to US$720.9 Bn in 2025

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  1. Rising Demand for On-Time Delivery to Boost Demand for Global Last Mile Delivery Market Last mile delivery market is expected to flourish in the coming years as consumers continue to opt for online shopping with rise of e-commerce platforms. Increasing expectations from last mile deliveries from both seller and buyers’ side have become integral to the shape the global last mile delivery market. For instance, the option of same day or instant deliveries at affordable prices have significantly bolstered the demand for last mile delivery solutions. The latest report by Fairfield Market Research indicates that the market holds great potential for growth owing to soaring e-commerce platforms working towards creating the best user experience. Get a Sample Copy of Last Mile Delivery Market: https://www.fairfieldmarketresearch.com/report/last-mile-delivery-market/request- sample Adoption of Food Delivery Robots Gives FMGC Sector a Leg-up The FMGC sector is expected to flourish in the global market as this sector has the largest consumer base. Rise of e-commerce and excellent last mile delivery solutions, making supply of essential items seamless, have expanded the FMCG sector in recent times. The demand for FMCG goods is expected to soar on online mediums as it has emerged as a convenient option during the COVID-19 lockdowns. The pandemic that resulted in lockdowns across numerous countries forced consumers to stay home and order online. This has significantly prompted adoption of food delivery robots for short distance deliveries. FMGC industry is developing these robots with separate compartments for cold and hot food items. Companies such as Wing Aviation LLC, Kiwi Campus and Boxbot are already partnering with numerous food joints and local restaurants to facilitate the same in the U.K, U.S. and Australia. Growing Consumer Base and Investments to Boost Last Mile Delivery Market in Asia Pacific Asia Pacific is expected to flourish during the forecast period as this region has increasing number of Millennials and Generation Z. Inclination to spend disposable incomes on online shopping, through comfort of homes, has played a significant part in encouraging market growth. This region has large consumer base with countries such as India and China that will bolster demand for the last mile delivery market. Rise of foreign investments in this region is also expected fuel regional market.

  2. Do You Have Any Query or Specific Requirement? Request Customization of Report: https://www.fairfieldmarketresearch.com/report/last-mile-delivery-market/request- customization Key Players to Adopt Strategies to Maintain Supply Chain and Consumer Demand Analysts at Fairfield Market Research anticipate the competition to increase as barrier to entry remains low. New entrants are developing quicker delivery business models, intensifying the competition. Players in the market are adopting various strategies such as collaboration, mergers & acquisition and joint ventures to stay ahead of the competition. Key players are examining new ways to sustain as demand and supply dynamics continue to change. Numerous retail outlets and restaurant operators are collaborating with last mile delivery service suppliers to manage supply chain and logistics. The market is undergoing innovative advancements to attain cost efficiency and better productivity. The key players operating in the global last mile delivery market are Cargo Carriers, CJ Logistics, CEVA Logistics, Concargo Private Ltd, DB SCHENKER, Interlogix Pty Ltd., DHL Paket GmbH, Estes Express Lines, FedEx Corporation, Kuehne + Nagel, Nippon Express Co., Ltd., J&J Global Limited, KART, SNCF Geodis, Swift Transportation, TNT Holding B.V., Procet Freight, Tuma Transport, Yamato Holdings Co., Ltd. and United Parcel Service Inc. among others. For More Information: https://www.fairfieldmarketresearch.com/report/last-mile- delivery-market About Us Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness. Contact Fairfield Market Research London, UK UK +44 (0)20 30025888 USA (Toll-free) +1 (844) 3829746 Web: https://www.fairfieldmarketresearch.com/ Email: sales@fairfieldmarketresearch.com Follow Us: LinkedIn

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