Growth of E-retailing will drive the market growth during the forecast period
The last mile delivery market in North America is expected to register a CAGR of over 14% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Technavio has announced its latest market research report titled Last Mile Delivery Market in North America 2020-2024 (Graphic: Business Wire)
Request for Technavio’s market report estimates including pre- and post-COVID-19 impact on last mile delivery market in North America. Download a Free Sample Report on the impact of COVID-19 pandemic analysis.
Due to the extensive spread of the virus across the globe, the Industrials sector is anticipated to have Negative impact. The last mile delivery market in North America will showcase Negative impact during 2020-2024.
Last Mile Delivery Market in North America 2020-2024: Segmentation
Last Mile Delivery Market in North America is segmented as below:
- Business to Customer (B2C)
- Business to Business (B2B)
The US was the largest market for last mile delivery services in North America in 2019. The large volume of e-retail purchases and the rising number of customers opting for fast and seamless delivery services are contributing to last mile delivery market growth in North America. Moreover, many retailers are providing free returns and exchanges that are driving the demand for reverse logistics in the last mile delivery model.
The Industrials market is anticipated to have Indirect impact and the last mile delivery market demand in North America will show At par growth. View market snapshot before purchasing
Strong focus on technological advances has been an instrumental factor in influencing the growth of last mile delivery market in North America. Other market drivers include growth of e-retailing. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID 19 market estimates
- Quarterly impact analysis as the spread reaches a global level and updates on market estimates
Get more insights about the global trends impacting the future of last mile delivery market in North America, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR40075
Last Mile Delivery Market in North America 2020-2024: Vendor Analysis
The market is moderately fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include CEVA Logistics AG, Deutsche Bahn AG, Deutsche Post DHL Group, DSV AS, FedEx Corp., GEODIS SA, North American Logistics Holdings, United Parcel Service Inc., United States Postal Service, and XPO Logistics Inc.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY SERVICE
- Business to consumer (B2C)
- Business to business (B2B)
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- US - Market size and forecast 2019-2024
- Canada - Market size and forecast 2019-2024
- Market opportunity
PART 09: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 10: MARKET TRENDS
- Growing focus of vendors on expanding their market presence in North America
- Strong focus on technological advances
- Strong focus on offering services to specific end-user segments
PART 11: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 12: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- CEVA Logistics AG
- Deutsche Bahn AG
- Deutsche Post DHL Group
- DSV AS
- FedEx Corp.
- GEODIS SA
- North American Logistics Holdings
- United Parcel Service, Inc.
- United States Postal Service
- XPO Logistics Inc.
PART 13: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 14: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.