APAC LAST MILE DELIVERY MARKET - GROWTH, TRENDS AND FORECASTS (2023-2028)
Industry Definition
The term “last mile delivery” describes the final stage of a logistics process; the route taken by a product from a warehouse to the final customer’s door. The most crucial step of the delivery process is this final one, which needs to be carefully managed for quick shipping. The APAC last mile delivery market covers the market segmented by type, delivery mode, and country.
Key Figures
Total Number of Companies in APAC: 14,643,209
Number of Companies in Transportation and Warehousing Sector in APAC: 312,593
Market Size of the APAC Last Mile Delivery Market: ~USD xx
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Brief on the APAC Last Mile Delivery Market
- One of the most populated and diverse regions in the globe is the APAC region, which includes nations like China, India, Japan, South Korea, Australia, Singapore, and many more. The expansion of last-mile delivery services in the APAC area has been significantly fueled by the growth of e-commerce.
- Last-mile delivery organizations in the APAC area are progressively implementing cutting-edge technology like automation, real-time updates, GPS tracking, and route optimization algorithms to streamline their processes and increase productivity. Delivery drones and autonomous robots were being actively tested and used in some APAC nations, including China, for last-mile deliveries, particularly in cities.
- These innovations intended to speed up delivery even further and cut costs. Several well-known e-commerce companies, like Alibaba and JD.com, Inc., are making significant investments in driverless technology. Throughout the forecast period, a number of these technical developments among vendors are anticipated to favorably impact the expansion of the worldwide last mile delivery market.
- In order to facilitate easier operations and promote innovation, several APAC governments are implementing rules and regulations to assist the growth of the logistics and last-mile delivery industry. These rules sought to improve operational effectiveness, increase consumer protection, foster sustainable practices, and foster an atmosphere that was favorable to logistics firms. Specific regulations were being created for nations testing drone or autonomous vehicle deliveries to guarantee the responsible and safe operation of these technologies.
- In order to facilitate easier operations and promote innovation, several APAC governments are implementing rules and regulations to assist the growth of the logistics and last-mile delivery industry. These rules sought to improve operational effectiveness, increase consumer protection, foster sustainable practices, and foster an atmosphere that was favorable to logistics firms. Specific regulations were being created for nations testing drone or autonomous vehicle deliveries to guarantee the responsible and safe operation of these technologies.
E-Commerce Fueling the Market
- By 2024, it is predicted that 30% of retail sales would be made online. This is due to the growth of online shopping. This rise has been sped up by the coronavirus (COVID-19) epidemic. As e-commerce expands, so do consumer needs and expectations for the online experiences.
- Customers now have more stringent delivery expectations thanks to the expansion of e-commerce. With possibilities for same-day or next-day delivery, many customers increasingly anticipate quick and efficient service. The need to promptly fulfill orders has driven last-mile delivery businesses to streamline their processes.
- Every last mile delivery service in Asia has undergone tremendous change as a result of new technologies. In particular in nations with developed infrastructure, the use of drones, vehicles, and robotics is becoming more widespread. Robots, for instance, are used by Alibaba’s Cainiao Smart Logistics Network. According to Alizilla, they move every parcel delivery box in China.
- E-commerce businesses are constantly extending their reach to reach clients in far-off places and boost their market share. Because of this, last-mile delivery networks have grown as businesses build more distribution centers and warehouses in carefully chosen locations to increase service.
- Customer experience is essential for fostering brand loyalty and repeat business in the fiercely competitive world of online shopping. E-commerce businesses are investing in enhancing delivery monitoring, real-time information, and assuring successful, trouble-free deliveries because the last-mile delivery experience is a crucial component of this.
Competitive Landscape
- The Asia-Pacific (APAC) region’s last-mile delivery market was fiercely competitive, with many businesses fighting for a piece of the quickly expanding logistics and e-commerce sectors. The numerous and varied markets in the APAC area offered last-mile delivery services a wealth of prospects, fueling fierce competition.
- In the APAC last-mile delivery market, a number of foreign and domestic logistics and courier companies were well-represented. A large number of significant e-commerce firms, like Alibaba in China, Flipkart in India, and Lazada in Southeast Asia, had last-mile delivery units or collaborations with outside logistics organizations. They wanted to enhance the general customer experience and speed up delivery by incorporating logistics into their operations.
- The last-mile delivery market also saw increased competition from startups and internet enterprises beyond established logistics providers. Startups like Lalamove, Ninja Van, Delhivery, GoGovan and Shippit among others have entered the market and have created a new arena for companies to keep developing and compete.
Why buy this report on the APAC Last Mile Delivery Market?
UPKR Intelligence market research reports enable you to:
- Understand the market
- Pinpoint the key industry trends
- Identify threats and opportunities
- Quickly build competitive intelligence
This report on APAC Last Mile Delivery Market:
- Provides the data on economic status of APAC region, trade relations, modal engagement and market size information to assist with planning and strategic decisions.
- It helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
- Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
The APAC Last Mile Delivery Market research report includes:
- Analysis of the important factors influencing this industry’s history, including data
- Five-year market projection and trends identified
- For the primary products and markets, thorough research and segmentation
- Analysis of key players in the market, their shares and the competitive environment
UPKR Intelligence is a market research company fully concentrated on the logistics domain. We cover the entire market including the dynamic trends, various segments and the market competition via the analysis of the companies operating in the market to arrive at conclusions to aid the needs of our clients.
Table Of Content
- Market Overview
- Economic Overview of APAC
- Overview on APAC Last Mile Delivery Market
- Inter-modal Share of Freight Transportation in APAC
- Market Dynamics
- Market Drivers
- Restraints
- Value Chain Analysis
- Porter’s Five Forces Analysis
- Government Regulations and Initiatives
- Spotlight on E-Commerce Market in APAC
- Market Segmentation
- By Type
- B2B
- B2C
- C2C
- By Delivery Mode
- Regular Delivery
- Same Day Delivery
- Express Delivery
- By Country
- China
- India
- Indonesia
- Australia
- Japan
- Thailand
- Rest of APAC
- By Type
- Competitive Landscape
- Market Concentration Overview
- Company Profiles (List not exhaustive)
- SF Express
- Yamato Holdings
- CJ Logistics
- ZTO Express
- Kerry Logistics
- Gati Limited
- Toll Group
- Ninja Van
- DTDC Express Limited
- Lalamove
- Outlook and Opportunities in the Market
- Appendix
- GDP Distribution and Growth by Economic Activities
- Inflation Statistics
- Contribution of the Transport and Storage Sector to GDP
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