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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.
In the Philippines, logistics involves last mile trucking, last mile shipping, and last mile cargo management in addition to last mile deliveries.
The Philippines’ recent economic growth has led to an increase in logistics. This indicates that there are countless prospects for startups and new businesses.
Van and bike deliveries are two examples of last-mile delivery services. Due to their rapid delivery times and improved delivery accuracy rates, bikes have become a popular last mile service. Locals who enjoy fresh vegetables from tiny farms close to densely populated metropolitan centres are increasingly using van delivery, a low-cost last mile service.
The Philippines 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.
According to experts, last-mile shipping in the Philippines is often inexpensive. The riders’ constrained carrying capacity is one of the primary causes. Bajaj three-wheelers can transport more packages, even large ones, right to your door thanks to a built-in compartment and a maximum payload of 310 to 515kgs.
The sturdy resin roof and integrated windscreen enable riders to deliver in wet conditions. Fragile packages are certain to be transported without delay or damage thanks to the front fork suspension, which absorbs shocks from the ground.