
Asia Pacific Last Mile Delivery Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis
No. of Pages: 150 | Report Code: TIPRE00006267 | Category: Automotive and Transportation
No. of Pages: 150 | Report Code: TIPRE00006267 | Category: Automotive and Transportation
The Last Mile Delivery Market size is expected to reach US$ 70.13 billion by 2031 from US$ 36.11 billion in 2024. The market is estimated to record a CAGR of 9.9% from 2024 to 2031.
Asia Pacific includes countries such as China, India, Japan, South Korea, Australia, Southeast Asian nations, and other emerging economies. The last-mile delivery market in Asia Pacific (APAC) is one of the fastest-growing and most dynamic segments within global logistics, driven by a combination of rapidly expanding e-commerce, urbanization, technological advancements, and shifting consumer preferences. With a population of over 4.7 billion people, a diverse economic landscape, and increasing digital connectivity, the APAC presents unique opportunities and challenges for last-mile delivery providers.
As e-commerce continues to thrive, consumer expectations for delivery speed and convenience are evolving rapidly. Today's consumers expect faster, more flexible delivery options, including same-day, next-day, or even two-hour delivery services, especially in metropolitan areas. The "Amazon effect," where consumers expect rapid and free or affordable shipping, has had a significant influence in APAC. With the rise of mobile shopping and omnichannel retailing, consumers are demanding more personalized, transparent, and convenient delivery services.
Key segments that contributed to the derivation of the Last Mile Delivery Market analysis are type and application.
The last-mile delivery market in APAC is poised for continued growth, driven by expanding e-commerce, technological advancements, and increasing consumer demand for faster and more convenient services. However, the region faces challenges such as traffic congestion, infrastructure gaps, and rising operational costs that need to be addressed. The APAC market is likely to receive investments in automation, electric vehicles (EVs), and drones. Governments are expected to play a role in shaping the regulatory and infrastructure landscape during the forecast period. Additionally, consumer preferences for eco-friendly and flexible delivery options are anticipated to encourage logistics providers to innovate and offer sustainable delivery models in the coming years.
Governments across APAC are making significant investments in infrastructure development, which is supporting the expansion of last-mile delivery networks. Public sector initiatives in countries such as China, India, Japan, and Australia aim to improve road infrastructure, reduce congestion, and modernize logistics networks. The government of China is focusing on building smart cities and improving urban infrastructure, which is expected to enhance the efficiency of last-mile delivery. Similarly, the "Smart Cities Mission" by the government of India is designed to alleviate traffic congestion and improve the flow of goods and services, directly benefiting the logistics sector. Several governments in APAC are encouraging the adoption of EVs and green logistics to reduce carbon emissions, providing incentives for companies to switch to more sustainable delivery options.
Based on Geography, the Asia Pacific Last Mile Delivery Market comprises of China, Japan, South Korea, India, Australia, Indonesia, Singapore, Malaysia, Taiwan, Thailand, Vietnam, New Zealand, Philippines, Bangladesh, and Rest of Asia Pacific. The China held the largest share in 2024.
The last mile delivery market in China has experienced remarkable growth in recent years, becoming one of the most important components of the nation's vast and evolving logistics infrastructure. With the rapid rise of e-commerce, shifts in consumer expectations, and advancements in technology, last mile delivery has become a crucial part of the logistics value chain in China, ensuring that products reach the end consumer quickly and efficiently. China has one of the world's largest e-commerce markets, with an estimated market value exceeding US$ 2.5 trillion. Key players such as Alibaba (Taobao, Tmall), JD.com, and Pinduoduo have contributed significantly to the growth of the last mile delivery sector. The increasing adoption of online shopping by Chinese consumers, fuelled by widespread smartphone penetration, has led to a surge in demand for fast and efficient delivery services. Additionally, the continued growth of cross-border e-commerce and retail has contributed to the demand for last-mile services.
Report Attribute | Details |
---|---|
Market size in 2024 | US$ 36.11 Billion |
Market Size by 2031 | US$ 70.13 Billion |
Global CAGR (2025 - 2031) | 9.9% |
Historical Data | 2022-2023 |
Forecast period | 2025-2031 |
Segments Covered |
By Technology
|
Regions and Countries Covered | Asia Pacific
|
Some of the key players operating in the market includes Amazon.com Inc, United Parcel Service Inc, FedEx Corp, Deutsche Post AG, XPO Inc, GEODIS SA, DSV AS, DB Schenker, C H Robinson Worldwide Inc, J B Hunt Transport Services Inc, DHL Group, Japan Post Holdings, S.F. E-Commerce Co., Ltd., EZ LOGISTICS INDIA, and ZeNXL.in among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisition to provide innovative products to their consumers and increase their market share.
The following methodology has been followed for the collection and analysis of data presented in this report:
The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:
Note:
All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.
The Insight Partners’ conduct a significant number of primary interviews each year with industry stakeholders and experts to validate its data, analysis, and gain valuable insights. These research interviews are designed to:
Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:
The List of Companies
The Asia Pacific Last Mile Delivery Market is valued at US$ 36.11 Billion in 2024, it is projected to reach US$ 70.13 Billion by 2031.
As per our report Asia Pacific Last Mile Delivery Market, the market size is valued at US$ 36.11 Billion in 2024, projecting it to reach US$ 70.13 Billion by 2031. This translates to a CAGR of approximately 9.9% during the forecast period.
The Asia Pacific Last Mile Delivery Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Last Mile Delivery Market report:
The Asia Pacific Last Mile Delivery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Last Mile Delivery Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Last Mile Delivery Market value chain can benefit from the information contained in a comprehensive market report.