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50 According to the recent study by IMARC Group, entitled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global logistics market reached a value of US$ 5.2 Trillion in 2020. Logistics, an indispensable component of supply chain management, involves planning, coordinating and managing the flow of resources from the point of origin to the point of consumption. It offers efficient storage and transportation of goods, services and information to meet the requirements of the customer cost-effectively. Some of the key components of the process include warehousing, inventory management, purchasing, traffic and transportation, production planning, customer service, shipping and receiving, and import and export operations. ....
Last-mile delivery is a service which delivers the items to an end-user as fast as possible. bmrcFebruary 15, 2021 52 Last Mile Delivery Market report is segmented on the basis of service type, delivery type, end-user, and region & country level. Based upon service type, last mile delivery market is classified into B2B (business-to-business), B2C (business-to-consumer), and C2C (customer-to-customer). On the basis of delivery type, the market is classified into regular delivery, and same-day delivery. On the basis of end-user, the market is classified into chemicals industry, pharmaceutical & healthcare industry, hi-tech product industry, food and beverage industry, and others. Last Mile Delivery ....
Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrate its growth trends and competitive landscape as well as the key players in the business. The last-Mile Delivery Market is valued at USD 31,198 Million in 2018 and expected to reach USD 61,573 Million by 2025 with a CAGR of 10.2% over the forecast period. Market Analysis of Last-Mile Delivery- Last-mile delivery is a service that delivers the items to an end-user as fast as possible. It is defined as the movement of items from the transportation hub to the final destination. The rapid growth in the logistics industry coupled with an increase in the demand for the last mile delivery services is driving the growth of the last-mile delivery market. Moreover, growing expansion in transport facilities by the major companies as well as start-ups companies has boosted the growth of the market. The changing living standards a ....