Rising Demand for Last-Mile Delivery: The New Frontier in Logistics
The logistics landscape has undergone a seismic shift over the past decade, with last-mile delivery emerging as the focal point of transformation. The "last mile," or the final stage of a product's journey from a transportation hub to the consumer's doorstep, has become a critical driver for customer satisfaction and competitive differentiation. Recent data highlights the global autonomous last-mile delivery market reached $18.5 billion in 2023 and is projected to soar to $88.9 billion by 2032, growing at a CAGR of 19.06% from 2023 to 2032. This surge in demand stems from a confluence of e-commerce growth, shifting consumer expectations, and technological advancements. E-Commerce Boom: The Catalyst for Last-Mile Logistics The rapid growth of e-commerce has fundamentally redefined supply chains, pushing last-mile delivery to the forefront. According to recent studies, global e-commerce sales are projected to surpass $6 trillion by 2025, creating a pressi...