Australia Last Mile Delivery Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)


Australia Last Mile Delivery Market Analysis:

The forecast period of 2022–2027 is expected to witness a Compound Annual Growth Rate (CAGR) of more than 10.55% in the last mile delivery market of Australia. This growth can be attributed to the opportunities created by the COVID-19 pandemic, despite its negative impact on global economies and commercial activities. The pandemic led to a significant shift in consumer behavior, resulting in a surge in e-commerce retail sales. As a result, logistics industrialists were presented with a powerful opportunity to bring about substantial and long-lasting changes in the industry. The exponential growth of e-commerce, triggered by the pandemic, prompted smaller retailers to adopt supply chain mechanisms for direct delivery to consumers. Statistics from the Australian Bureau reveal a 55% increase in online sales in December 2020 compared to the previous year, with over 5.6 million Australian households engaging in online shopping during that period. These figures indicate that Australia surpassed the global average in terms of online shopping, providing ample opportunities for the logistics sector.

The rise of online retailing has compelled logistics occupiers in Australia to explore innovative approaches to manage their last mile logistics requirements. With the rapid growth of e-commerce, the last mile has become a crucial component of the supply chain. Leading grocery giants like Coles and Woolworths have been at the forefront of driving the demand for last mile delivery services. Coles, for instance, reported a remarkable 48% growth in e-commerce sales in their 2021 half-yearly results, generating a revenue of USD 1.0 billion. Similarly, Woolworths witnessed a staggering 91.8% growth rate in e-commerce sales, amounting to USD 1.8 billion in the first half of 2020. Woolworths also noted a significant increase in average weekly traffic to their digital platforms, with a 62.4% rise in visits per week, as customers increasingly embraced digital engagement as part of their shopping experience. These figures highlight the immense potential and demand for last mile delivery services in the Australian market.

In conclusion, the last mile delivery market in Australia is projected to experience substantial growth with a CAGR of over 10.55% during the forecast period of 2022–2027. Despite the challenges posed by the COVID-19 pandemic, the shift in consumer behavior towards online shopping has created significant opportunities for the logistics sector. The exponential growth of e-commerce and the adoption of supply chain mechanisms by smaller retailers have fueled the demand for last mile delivery services. Leading grocery giants like Coles and

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