Last mile delivery or logistics has emerged as a crucial transport infrastructure that retailers and shippers worldwide have increasingly focused on, given the increasing imprint on profit margins. The past few decades have witnessed businesses of all hues and across industries leaning on strengthening last mile delivery infrastructure. E-commerce companies in particular have in recent years made enormous investments on consolidating distribution channels to meet changing consumer expectations and cut down on last mile delivery costs.
Concurrently, diverse last mile carriers have proliferated
for meeting the demands of small and big shippers to manage the complexity of
logistics on one hand, and eventually endowing their clients in the last-mile delivery market a competitive edge.
Subsequently, a number of deliver-from-store last mile services are being
evaluated by shippers to offer real-time tracking options to consumers across
delivery of goods from their distribution units to final destinations.
Get PDF brochure for Industrial Insights and business
Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=52458
Last-mile Delivery Market: Drivers, Current Prospects,
Lucrative Avenues
Spectacular strides made in e-commerce sales in urban spaces
in various developing and developed regions are shaping the evolution of the
last mile delivery market. In the near future, the parcel shipment is expected
to grow by several times and become multibillion dollar opportunities in the
last-mile delivery market. The rapid emergence of omnichannel supply chains in
some of the developed economies is another key trend offering value-grab
opportunities to businesses in the logistics and transportation sector. Another
key trend driving investments in last mile delivery platforms is growing preference
of subscription-based services for repeat purchases.
The onset of COVID-19 pandemic imparted a thrust to online
shopping across various regions. Several players in the last-mile delivery
market were quick to grab the opportunity. Consequently, e-commerce companies
have ploughed in dollars to boost their services by partnering with premium
service providers. Likewise, some players with financial might are expanding
their fleet of vehicles. A case in point is to focus on white glove delivery,
where last-mile logistics providers were able to garner a competitive
advantage. Advancements in technologies extended the horizon for retailers and
logistic partners. Same-day delivery has become a new trend of capturing value
from customers in the last-mile delivery market.
Request for Discount – https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=52458
Last-mile Delivery Market: Competition Landscape
E-commerce companies are aiming at various delivery
innovations to position them uniquely in the minds of consumers, thus expanding
the profitable avenues for players in the last mile delivery market. Growing
investments in automated customer fulfilment centers and real-time inventory
tracking software are two examples.
The use of bots and drones has opened a new proposition for
market players to capture value from customers and consumers in the last-mile
delivery market. Especially during the outbreaks of the pandemic, these
technologies made contactless delivery of essential items a viable last-mile
delivery model in various countries
On the other hand, AI-based delivery robotics companies are
climbing on the bandwagon to offer retailers and e-commerce companies to
subsidize deliveries and offer competitive gains to early adopters. A start-up
aiming at automating industrial, urban, and rural logistics, TeleRetail, is
keen on capitalizing on the avenue. Such developments expand the prospect in
the last-mile delivery market.
Some companies are striving to adopt technologies that
enable them to reduce the carbon footprint across last-mile delivery. FedEx
Corporation, a prominent player, is focusing on offering FedEx Ground to
optimize last-mile residential deliveries of heavy goods with safety and
sustainability in mind.
Have any queries? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=52458
Some of the last-mile delivery market are Ekart
Logistics, Amazon.com, XPO Logistics, FedEx Corporation, DHL International
GmbH, United Parcel Service of America, Inc., China Post Express Logistics Co.
Ltd, Cainiao Logistics, STO Express Co.Ltd, and Deppon Logistics Co. Ltd.
Last-mile Delivery Market: Regional Landscape
North America has been a notably lucrative last-mile
delivery market. A growing number of collaborations among players for shared
delivery logistics and a steady expansion of warehouses and logistics are key
propellers of revenue generation in the regional market. Asia Pacific is also
emerging as a hotbed of opportunities. The rise in e-commerce sales is a key
driver for new revenue streams in the Asia Pacific last-mile delivery market.
This study by TMR is all-encompassing framework of the
dynamics of the market. It mainly comprises critical assessment of consumers’
or customers’ journeys, current and emerging avenues, and strategic framework
to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS
that offers detailed visualization of four elements:
- Customer Experience
Maps
- Insights
and Tools based on data-driven research
- Actionable Results
to meet all the business priorities
- Strategic
Frameworks to boost the growth journey
Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=52458<ype=S
About Us
Transparency
Market Research is a global market intelligence company, providing
global business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking insight
for thousands of decision makers. Our experienced team of Analysts,
Researchers, and Consultants, use proprietary data sources and various tools
and techniques to gather, and analyse information. Now avail flexible
Research Subscriptions, and access Research multi-format through downloadable
databooks, infographics, charts, interactive playbook for data visualization
and full reports through MarketNgage, the unified market intelligence
engine. Sign Up for
a 7 day free trial!
Contact
Rohit Bhisey
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
No comments:
Post a Comment