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The phrase “last mile delivery” refers to the delivery of goods from the closest distribution centre to the final location, such as a residence or place of business. The phrase is frequently used in relation to supply chains for businesses, delivery services, and food delivery.
The final mile, which is the connection between the ISP and the location of the customer premises equipment, such as a user’s home or business, is where the phrase first appeared in the telecommunications industry.
Beginning with the last mile, businesses must make sure the order is delivered as soon as possible from the transportation hub to the customer.
According to routes and recipient addresses, orders are assigned to delivery employees; nevertheless, for an efficient last mile delivery logistics solution, it is crucial to strategically sort and assign the packages.
With a compound annual growth rate over the previous five years, the Italian parcel delivery market is among those in Europe that are expanding the quickest.
The global economy’s rapid digital revolution as well as the pandemic, which compelled people to buy online rather than in-store, are the driving forces behind the constant expansion. With excellent projections, the following few years should witness even higher growth.
High demand capacity has evolved into a competitive advantage for firms trying to grow their market share.
Customers in the Italian parcel delivery business are increasingly turning to online shopping to fulfil a larger portion of their consumption needs.
The Italy Last Mile Delivery Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.