(MENAFN- PR Newswire)
, Nov. 30, 2021 /PRNewswire/ -- Brazil's last-mile delivery market is fragmented and the vendors are deploying growth strategies such as providing industry-specific last-mile services and using big data technology to improve delivery service efficiency to compete in the market. The last-mile delivery market in Brazil is set to grow by USD 1.76 billion from 2020 to 2025. The report projects the market to progress at a CAGR of 10.32% . In addition, the report offers a detailed analysis of the current market scenario, the latest trends, drivers, challenges, and the overall market environment.
Attractive Opportunities in Last Mile Delivery Market in Brazil by End-user and Service - Forecast and Analysis 2021-2025
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The last-mile delivery market report of Brazil also offers information on several market vendors, including CRST International Inc., Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Schenker AG, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., and XPO Logistics Inc. among others.
Last-Mile Delivery Market In Brazil: Drivers
Growing premiumization of goods in Brazil to drive growth
A major factor that drives the growth of the last-mile delivery market in Brazil is the premiumization of goods and merchandise delivery. Premiumization in the logistic services market refers to the premium prices paid by the customer for faster delivery. The focus on premiumization is evident from the increase in the number of last-mile/same-day delivery startups, such as Dropoff in the US, over the past few years.
Last-Mile Delivery Market In Brazil: Challenges
Operational challenges for last-mile delivery companies to impede growth
A major challenge associated with last-mile delivery operations is maintaining profitability while ensuring transparency and improving delivery efficiency. Long-distance transportation (logistics) is mostly carried out through bulk shipping via sea routes, railway lines, or roadways, where the delivery costs are low. However, in the case of last-mile delivery, individual deliveries need to be made to numerous locations across a region, which drives up the logistics costs.
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Last-Mile Delivery Market In Brazil: Segmentation Analysis
This market research report segments the last-mile delivery market in brazil by End-user (e-commerce, food and groceries delivery, pharmaceuticals, and others) and Service (B2C and B2B).
The last-mile delivery market share growth in Brazil by the e-commerce segment will be significant for revenue generation. The growth of the e-commerce market in Brazil is expected to be driven by the high growth potential of smartphones and Internet penetration. The last-mile delivery market in Brazil is also driven by factors such as growing disposable incomes, rising purchasing power parity, and increasing per capita income.
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Some of the key topics covered in the report include:
Market Challenges
Market Drivers
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Related Reports - Last-Mile Delivery Market in North America - The last-mile delivery market size in North America is expected to grow by USD 59.81 billion and record a CAGR of 15.99% during 2021-2025. Download a free sample report now!
Same-Day Delivery Market in US - The same-day delivery market size in the US is expected to reach a value of USD 9.82 billion, at a CAGR of 20.31% during 2021-2025.Download a free sample report now!
| Last-Mile Delivery Market In Brazil Scope |
| Report Coverage | Details |
| Page number | 120 |
| Base year | 2020 |
| Forecast period | 2021-2025 |
| Growth momentum & CAGR | Accelerate at a CAGR of 10.32% |
| Market growth 2021-2025 | USD 1.76 billion |
| Market structure | Fragmented |
| YoY growth (%) | 9.62 |
| Regional analysis | Brazil |
| Performing market contribution | Brazil at 100% |
| Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
| Companies profiled | CRST International Inc. , Deutsche Post DHL Group, DSV Panalpina AS, FedEx Corp., J.B. Hunt Transport Services Inc., Schenker AG, United Parcel Service Inc., United States Postal Service, Werner Enterprises Inc., and XPO Logistics Inc. |
| Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
| Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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