The last mile delivery market research in North America from Technavio indicates Negative growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Last Mile Delivery Market in North America 2020-2024 (Graphic: Business Wire)
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“One of the primary growth drivers for this market is the growth of e-retailing,” says a senior analyst for the Industrials industry at Technavio.
The e-retailing market in North America has recorded significant growth over the past few years. This is contributing to the growth of the last mile delivery market in the region. Major logistics providers such as XPO Logistics, UPS, and FedEx are offering last mile delivery services
The automotive tires e-retailing market is expected to grow by USD 7.59 billion during 2020-2024. The report also provides competitive insights into the market impact and new opportunities created due to the COVID-19 pandemic. According to the latest market research report by Technavio, the impact is going to be significant in the first quarter. It will eventually lessen the subsequent quarters – with a limited impact on the full-year economic growth.
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Technavio has announced its latest market research report titled Global Automotive Tires E-Retailing Market 2020-2024 (Graphic: Business Wire)
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Rapid economic growth and rising disposable income have increased the demand for automobiles in emerging markets such as Brazil, Russia, India, and China (BRIC). Also, developed countries such as the US and Canada have