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Last Mile Delivery Market in Brazil to Grow by USD 4.01 Billion from 2024-2028, Driven by Premiumization in Delivery Services and AI-Powered Market Evolution – Technavio

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 NEW YORK, Nov. 5, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The last mile delivery market in Brazil size is estimated to grow by USD 4.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  15.4%  during the forecast period. Premiumization of goods and merchandise delivery is driving market growth, with a trend towards growing integration of last mile delivery models with courier, express, and parcel companies. However, operational challenges for last mile delivery companies  poses a challenge.Key market players include Accenture PLC, CMA CGM SA Group, Deutsche Bahn AG, DHL Express Ltd, DSV AS, FarEye Technologies Inc., FedEx Corp., FM Logistic, Honeywell International Inc., Infosys Ltd., J B Hunt Transport Services Inc., Kuehne Nagel Management AG, Mara Labs Inc., Nippon Express Holdings Inc., Royal Mail Group Ltd., Schneider Electric SE, SNCF Group, United Parcel Service Inc., Werner Enterprises Inc., and XPO Inc..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Service (B2C and B2B), End-user (E-commerce,
Food and groceries delivery, Pharmaceuticals, and
Others), and Geography (South America)

Region Covered

Brazil

Key companies profiled

Accenture PLC, CMA CGM SA Group, Deutsche
Bahn AG, DHL Express Ltd, DSV AS, FarEye
Technologies Inc., FedEx Corp., FM Logistic,
Honeywell International Inc., Infosys Ltd., J B Hunt
Transport Services Inc., Kuehne Nagel
Management AG, Mara Labs Inc., Nippon Express
Holdings Inc., Royal Mail Group Ltd., Schneider
Electric SE, SNCF Group, United Parcel Service
Inc., Werner Enterprises Inc., and XPO Inc.

Key Market Trends Fueling Growth

The last mile delivery market in Brazil is experiencing significant growth due to the integration of various models with courier, express, and parcel companies. The e-commerce sector’s increasing demand for parcel delivery has led logistics vendors to adopt last mile delivery models, offering regular, same-day, and instant delivery services. While price remains a crucial factor for most online shoppers, faster delivery options are essential for time-sensitive products like medicines and groceries. This competition among e-commerce players for superior services is driving alliances with parcel and courier companies, fueling market expansion. 

The last mile delivery market is currently experiencing significant growth, with a focus on improving efficiency and reducing costs. Proactive delivery methods, such as predictive analytics and real-time tracking, are trending. Drones and self-driving vehicles are also being explored for their potential in streamlining the delivery process. Urban consignment centers and micro-fulfillment centers are becoming popular solutions for dense areas. E-commerce companies are investing in technology to optimize their logistics networks and provide faster delivery times. The use of digital technologies, such as mobile apps and online tracking, is increasing to enhance the customer experience. Overall, the last mile delivery market is evolving to meet the growing demands of e-commerce and the need for faster, more efficient delivery solutions. 

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Market Challenges

Last mile delivery operations face significant challenges in achieving profitability, transparency, and efficiency. While long-distance logistics costs are low, individual deliveries to multiple locations drive up last mile costs, primarily due to labor and fuel expenses. Intense competition based on pricing and delivery time compels companies to maintain low costs, yet customers demand real-time tracking, necessitating expensive technologies like RFID sensors and tracking codes. These operational challenges may hinder the growth of the last mile delivery market in Brazil.Last Mile Delivery: Overcoming Challenges in the Final Leg of Supply Chain Last Mile Delivery (LMD) refers to the final leg of the supply chain, from the transportation hub to the end consumer’s doorstep. This critical stage faces numerous challenges that impact timely and cost-effective delivery. Technology plays a significant role in LMD. The use of advanced technologies like real-time tracking, predictive analytics, and automation helps optimize delivery routes and improve efficiency. However, challenges such as traffic congestion, lack of infrastructure, and unpredictable weather conditions can hinder on-time delivery. Another challenge is the increasing demand for same-day and two-day delivery, which puts pressure on logistics providers to optimize their operations and manage their resources effectively. Additionally, the rise of e-commerce and the growing number of online shoppers have led to an increase in parcel volume, further complicating LMD. To address these challenges, logistics providers are exploring various solutions, such as implementing dynamic routing, investing in alternative delivery methods like drones and autonomous vehicles, and collaborating with local delivery partners to expand their reach and improve service levels.

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Segment Overview 

This last mile delivery market in Brazil report extensively covers market segmentation by

Service 1.1 B2C1.2 B2BEnd-user 2.1 E-commerce2.2 Food and groceries delivery2.3 Pharmaceuticals2.4 OthersGeography 3.1 South America

1.1 B2C-  The B2C last mile delivery market in Brazil has experienced significant growth in the past five years, driven by the increase in e-commerce sales. Operators focus on enhancing residential customer experience with services like next-day and same-day delivery, real-time tracking, and easy returns. Companies utilize big data and consumer analytics to optimize delivery routes and reduce pre-last mile logistics time, resulting in faster deliveries and lower fuel usage. These strategies will continue to boost the growth of the B2C last mile delivery market in Brazil.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

In the agricultural industry, last mile delivery plays a crucial role in ensuring the timely and efficient distribution of crop protection products, soil improvement solutions, and water purification systems to farmers. Diagnostic services and plant breeding innovations are also essential for optimizing crop yields and addressing sustainability considerations. The production of nanoparticles is a cutting-edge technology that enhances the efficiency of various agricultural inputs. On-demand services have revolutionized the logistics process, enabling the establishment of local hubs and distribution centers that cater to urban congestion areas. Retail stores and e-commerce platforms have integrated same-day delivery services, utilizing route optimization and delivery time segment strategies to cater to B2C consumers. UPS and other shipping companies have optimized their operations to meet the demands of the agricultural industry, ensuring brand reputation and consumer satisfaction at the front door.

Market Research Overview

The Last Mile Delivery market refers to the final leg of the supply chain, which involves transporting goods from a transportation hub or distribution center to the end consumer’s doorstep. This critical stage of the delivery process requires efficient and reliable logistics solutions to ensure timely and accurate delivery. Factors influencing the Last Mile Delivery market include increasing consumer expectations for faster delivery times, the rise of e-commerce, and the growing popularity of on-demand delivery services. Technological advancements, such as real-time tracking and automation, are also transforming the Last Mile Delivery landscape. Additionally, the use of alternative delivery methods, such as drones and autonomous vehicles, is gaining traction to address the challenges of congested urban areas and reduce delivery costs. Overall, the Last Mile Delivery market is a dynamic and evolving sector that requires continuous innovation and adaptation to meet the changing needs of consumers and businesses.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceB2CB2BEnd-userE-commerceFood And Groceries DeliveryPharmaceuticalsOthersGeographySouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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PASHA Holding forges global connections at COP29

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BAKU, Azerbaijan, Nov. 23, 2024 /PRNewswire/ — PASHA Holding, a leading Azerbaijani company, successfully participated at COP29, reaffirming its dedication to climate action. As an Impact Partner at the event, PASHA Holding actively engaged in meaningful discussions, collaborated with global stakeholders, and shared its vision for a sustainable future.

The holding’s presence included a tailored booth in the Green Zone, alongside multiple thought-provoking sessions led by PASHA Holding companies, including PASHA Bank, Kapital Bank, PASHA Insurance, PASHA Life, AgroDairy, and PASHA Real Estate. These sessions addressed critical issues such as climate finance, sustainable agriculture, and the role of private sector leadership in fostering inclusive green transitions.

Through its participation, PASHA Holding leveraged the opportunity to exchange ideas, build relationships with regional and global peers, and learn from diverse experiences in tackling climate challenges. By engaging with stakeholders from government, international organizations, and the private sector, PASHA Holding enhanced its capacity to drive sustainable development initiatives in Azerbaijan and beyond.

Aytaj Mukhtazada, Head of PR and Communications at PASHA Holding, remarked:

COP29 has been an extraordinary platform for us to amplify our sustainability vision and forge valuable connections. The insights gained and partnerships established here will enable us to align our strategies with global climate objectives while addressing the unique needs of our region. This experience underscores the importance of collaboration in creating impactful, long-term solutions to the challenges we all face.”

Key elements of PASHA Holding’s sustainability strategy include minimizing the environmental impact of its own operations, investing in projects that support the transition to net zero, and investing in technological innovation to address the challenges presented by climate change. In the near future, the group plans to conduct comprehensive diagnostics and gap analysis across its subsidiaries to set specific goals to decrease our carbon footprint, including supply chain, support the customers in their transition journeys and increase investments in green initiatives. Additionally, PASHA is committed to empowering its stakeholders through education and collaboration, ensuring that sustainability is embedded across the wider economy. These plans include supporting the development of a sustainable SME landscape in the country, aiding farmers in their green transition, and supporting innovation for developing decarbonization solutions.

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SOURCE PASHA Holding

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Global Times: China vows to promote steady growth of foreign trade

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BEIJING, Nov. 23, 2024 /PRNewswire/ — Officials from five Chinese departments including the Ministry of Commerce (MOFCOM), the Ministry of Foreign Affairs and the People’s Bank of China vowed to promote the steady growth of foreign trade at a press conference held on Friday in a move experts said is part of a package of policy measures to inject impetus and confidence into stabilizing the economy and help realize its annual economic targets.

Meanwhile, at the same press conference, the vice commerce minister highlighted China’s capacity in dealing with external shocks in the first explicit, publicly known response by a senior commerce official to the impact of the US’ potential 60 percent tariffs on Chinese imports. He stressed tariffs will only lead to high costs for consumers, and a stable, healthy and sustainable development of China-US economic and trade relations will benefit peoples of both countries and the world.

The press conference came after MOFCOM, together with the Ministry of Foreign Affairs, the Ministry of Industry and Information Technology, the People’s Bank of China and the General Administration of Customs rolled out nine measures to support foreign trade, involving support and guidance in insurance, financing, cross-border trade settlement, expanding scope on imports and exports, optimization of trade structure, visa facilitation and transportation.

Analysts noted that the latest move will further enhance the confidence of Chinese foreign trade enterprises, thereby injecting a stable and strong impetus to economic development, helping the country navigate the complexities of the global market.

Policy support

During the press conference, Chinese Vice Commerce Minister Wang Shouwen noted that the policy is aimed at responding to changes in the international trade situation and promoting solutions to practical difficulties faced by foreign trade enterprises in financing and maritime transport.

The raft of policy measures aimed at promoting the steady growth of foreign trade was deliberated and adopted by a State Council executive meeting on November 8.

The Ministry of Commerce on Thursday unveiled the policy measures in a notice. Among the nine specific measures, financial institutions are encouraged to increase financing support for micro, small and medium-sized companies based on market-oriented and law-based principles.

Efforts should be made to optimize cross-border trade settlement, promote the development of cross-border e-commerce, expand agricultural product exports, and support the imports of key equipment and energy resources, said the notice.

The overall situation of China’s foreign trade is relatively optimistic, but at the same time we should also see that uncertainties continue to accumulate. Maintaining stable growth in foreign trade and sustained improvement in competitiveness cannot be separated from policy support, Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, said on Friday.

“The timely joint efforts by five Chinese departments enhanced the confidence and expectations of Chinese foreign trade enterprises, and the measures will effectively help address problems of current foreign trade and future uncertainties,” Li Yong, a senior research fellow at the China Association of International Trade, told the Global Times on Friday.

Stable growth in foreign trade can provide more impetus for the domestic economy. The nine measures are part of a package of policy measures to inject growth momentum and confidence into stabilizing the economy, which will help realize the country’s annual economic targets, Wang Peng, an associate research fellow at the Beijing Academy of Social Sciences, said on Friday.

“Consumption, investment, exports and market sentiment all improved in October, and this trend is highly likely to continue in the last two months of the year, as the confidence of enterprises and consumers has been shored up thanks to the support policies,” Wang Peng told the Global Times.

Resilient against external shocks

At the press conference on Friday, Wang Shouwen also stressed that China has the capacity in dealing with external shocks largely owing to its resilient and vibrant economy that has great potential in a response to a question on the impact of the US’ potential 60 percent tariffs on Chinese imports.

China is building a “dual circulation” development pattern, which takes the domestic market as the mainstay while allowing domestic and international markets to reinforce each other. We are capable of resolving and withstanding the impact of external shocks, the official told reporters.

Wang Shouwen noted that history has also shown that the imposition of tariffs on China by a country does not solve the problem of its own trade deficit, on the contrary, it pushes up the prices of the country’s imports from China as well as from other countries.

This is because the tariffs are ultimately paid for by the consumers and the end-users of the importing country, which inevitably leads to an increase in the prices paid by consumers and an increase in the costs to the users, which also leads to inflation, the vice commerce minister further elaborated.

The vice commerce minister said that China and the US are the two largest economies in the world, and have strong complementarities. We believe that if China and the US can maintain a stable, healthy and sustainable development trend in their economic and trade relations, it will be beneficial to both the Chinese people and the American people, as well as the people of all countries in the world, and this is also what the international community expects, he said.

China is willing to engage in dialogue with the US on the basis of the principles of mutual respect, peaceful coexistence and win-win cooperation, in a bid to expand areas of cooperation, manage differences, and promote the stability of the bilateral trade and economic and trade relationship, Wang Shouwen said, noting that China will also firmly safeguard its own sovereignty, security and development interests.

Chinese companies have advantages in ordering, transportation, warehousing and other export-related areas that are difficult for other countries to replace, due to their complete supply chain and high production efficiency, Li said.

“Moreover, the country’s economic resilience provides enough market size to address some of the external risks. In particular, China has continued to promote new dynamics in foreign trade and new quality productive forces, which will cultivate new international competitive advantages,” Li noted.

“Years of China-US trade and investment have made the two sides interdependent. In addition to providing US consumers with cost-effective products, China’s exports of its intermediate products have become embedded in the US supply chain and have become part of the competitiveness of many US industries,” Li said, noting that the US needs to maintain rationality in its economic and trade policy toward China.

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SOURCE Global Times

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ZICC: Closer China- Honduras Ties

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BEIJING, Nov. 23, 2024 /PRNewswire/ — Renato Florentino, vice president of Honduras, accepted an exclusive interview with ZICC in Wuzhen during the 2024 World Internet Conference Wuzhen Summit. He said that China’s advancements in transportation, communication, and computing impressed him a lot. “We hope to continue to promote the cooperation between Honduras and China and maintain close cooperative relations,” he said.

SOURCE ZICC

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