Last Mile Delivery Market 2030 E-commerce Boom Reshaping Logistics
Technological Advancements and E-commerce Boom Fueling Market Expansion The global Last Mile Delivery Market Share is experiencing unprecedented growth, with projections indicating an increase from USD 31.42 billion in 2023 to approximately USD 106.42 billion by 2030, reflecting a compound annual growth rate (CAGR) of 19.01% during the forecast period. This surge is primarily driven by technological advancements and the exponential rise in e-commerce activities. Market Definition and Overview Last mile delivery refers to the final phase of the supply chain, where goods are transported from a distribution hub to the end customer's location. This critical stage emphasizes prompt and efficient delivery to the consumer's doorstep, significantly influencing customer satisfaction and retention. The efficiency of last mile delivery operations directly impacts a company's reputation and profitability. Click here for a more detailed explanation: https://www.maximizemarketresea...