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First mile delivery is the transportation of products from a warehouse or location to various hubs, from which they are then sent on to various suppliers, retailers, and other destinations. Delivering packaged goods from a shipping company's warehouse to a customer's address is known as last mile delivery.<br><br>First-mile delivery is regarded as a procedure in which product is selected from retailers and then transferred to third-party logistics companies or courier services. The final consumer can receive the goods after they have been delivered to warehouses or courier services.
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MarketOverview The process of moving goods from a warehouse or other place to many hubs, from where they are subsequently delivered to different suppliers, retailers, and other locations, is known as first mile delivery. Last mile delivery is the process of transporting packaged goods from a shipping company's warehouse to a customer's address.Theprocess of selecting products from shops and transferring them to third-party logistics companies or courier services is known as first-mile delivery. Once the products have been transported to warehouses or courier services, the final customer can pick them up. Prominent last-mile delivery firms are also heavily investing in the development of last-mile delivery services. The first and last mile delivery market is expected to develop as a result of a number of causes, including the digitization of the retail industry, the emergence of e-commerce platforms, and consumers' rising preference for online shopping. Similar to this, throughout the forecast period, technological advancements in delivery services such artificial intelligence, robots, and aircrafts for warehouse automation and first and last mile logistics development are expected to drive growth in the first and last mile delivery market.
Strategic Development: • To further electrify last-mile deliveries, DHL Express and Fiat Professional teamed in April 2021. This advances DHL Express's objective of having 60% of its fleet powered by electricity by 2030. • In March 2018, FedEx paid US$129.8 million to acquire P2P Mailing Limited, a worldwide provider of e-commerce shipping solutions, greatly expanding its last-mile network. • DHL Express introduced the first scheduled, fully automated drone delivery service for smart cities in May 2019. The business intends to enhance and expand its intelligent drone delivery system for last-mile delivery. • July 20, 2021 - MILE was introduced by worldwide technology company LogiNext, which is dedicated to automating and optimizing delivery management for businesses. It is introduced as the first integrated last-mile delivery platform in America. • 2021 July - Driven by seasoned global technology professionals and bolstered by worldwide teams, DAO EV Tech is a manufacturing start-up dedicated to smart electric mobility that is made in India. In India, the business has introduced the DAO ZOR integrated fleet partner program. The program facilitates the switch to electric vehicles (EVs) for last-mile deliveries. • Under the brand name "eDel," Mahindra Logistics (MLL) has begun offering its cargo last-mile delivery service in January 2021. The business is well-known for its 3PL offerings. It will now investigate environmentally friendly last-mile delivery and fulfillment using "eDel" for clients in the e-commerce, FMCG, and other sectors.
The Global First and Last Mile Delivery Markethas been segmented into: By Type, Dry Goods, Postal, Liquid Goods By Vehicle Type, Light Duty Vehicle, Medium Duty Vehicle, Heavy Duty Vehicle, Self-driving vans and Trucks, Delivery bots By Application, Logistics And Transportation, Retail And Food, Healthcare & Pharmacy By Solution, Hardware, Software
The Global First and Last Mile Delivery Markethas been segmented into: • By Region • Europe • Germany • France • Italy • Spain • UK • Nordic Countries • Denmark • Finland • Iceland • Sweden • Norway • Benelux Union • Belgium • The Netherlands • Luxembourg • Rest of Europe • By Region • North America • US • Canada • Mexico • Rest of North America • The Middle East & Africa • Saudi Arabia • UAE • Egypt • South Africa • Rest of the Middle East & Africa • Latin America • Brazil • Argentina • Rest of Latin America • ByRegion • Asia-Pacific • Japan • China • India • Australia • South Korea • Southeast Asia • Indonesia • Thailand • Malaysia • Singapore • Rest of Southeast Asia • Rest of Asia-Pacific
Segmentation Analysis: By Type: The market's goods type segment is separated into three categories: liquid, postal, and dry goods. The largest market share belongs to the dry goods category. The market is growing as a result of consumers ordering dry products online and having them delivered within a specific lead time. The dry products are delivered the same day or earlier if a two-day lead time is specified. This makes it possible to offer discounts on shorter lead times in particular locations. For example, same-day delivery could be given a discount if a business intends to visit that area today. By Vehicle Type: The segment dedicated to modes of operation include light, medium, and heavy duty vehicles, as well as self-driving trucks and vans and delivery robots. Over the course of the forecast period, the delivery bots segment is anticipated to grow at the fastest rate.Delivery robot usage surged during the pandemic as these little cars fulfilled the need for social separation by delivering food and necessities to customers. Businesses are investigating the potential of using delivery bots for last-mile deliveries. By Application: The market's application segment is split into four categories: retail and food (e-commerce, grocery delivery, food delivery), healthcare & pharmacy (medicine supply, blood supply, organ transport, equipment transfer, etc.), logistics and transportation (package delivery, postal delivery), and others. Regarding compound annual growth rate (CAGR), the e-commerce sector is anticipated to outpace the retail and food segments. In e-commerce, the first mile is the distance that separates the retailer from the courier that will deliver the products to the customer's home, place of business, collecting point, or smart locker. Every international eCommerce shipment needs to have a flawless first-mile delivery.
Market Players UPS Supply Chain Solutions, DHL Supply Chain & Global Forwarding, FedEx, Kuehne + Nagel, SF Express, XPO Logistics, DB Schenker Logistics, Nippon Express, GEODIS, CEVA Logistics, B. Hunt (JBI, DCS & ICS), Agility, China POST, Hitachi Transport System, DSV, YTO Express, Panalpina, Toll Holdings, Expeditors International of Washington, GEFCO, ZTO Express, STO Express, Dachser, H. Robinson Worldwide, Sinotrans, Yusen Logistics, Others
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