Latin America Last Mile Delivery Market Size & Outlook

The last mile delivery market in Latin America is expected to reach a projected revenue of US$ 12,708.0 million by 2030. A compound annual growth rate of 6.9% is expected of Latin America last mile delivery market from 2024 to 2030.
Revenue, 2023 (US$M)
$7,982.8
Forecast, 2030 (US$M)
$12,708.0
CAGR, 2024 - 2030
6.9%
Report Coverage
Latin America

Latin America last mile delivery market highlights

  • The Latin America last mile delivery market generated a revenue of USD 7,982.8 million in 2023.
  • The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
  • In terms of segment, b2c was the largest revenue generating component in 2023.
  • C2C is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 7,982.8 million
Market revenue in 2030USD 12,708.0 million
Growth rate6.9% (CAGR from 2023 to 2030)
Largest segmentB2c
Fastest growing segmentC2C
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationB2C, B2B, C2C
Key market players worldwideDHL Group, United Parcel Service Inc Class B, FedEx Corp, Amazon.com Inc, Kerry Logistics Network Ltd, Drone Delivery Canada Corp Variable Voting, XPO, A2Z Drone Delivery, Power Link Expedite


Other key industry trends

  • In terms of revenue, Latin America region accounted for 5.6% of the global last mile delivery market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 86,159.1 million by 2030.

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Last Mile Delivery Market Companies

Name Profile # Employees HQ Website

Latin America last mile delivery market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to last mile delivery market will help companies and investors design strategic landscapes.


B2c was the largest segment with a revenue share of 68.73% in 2023. Horizon Databook has segmented the Latin America last mile delivery market based on b2c, b2b, c2c covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America last mile delivery market databook

  • Our clientele includes a mix of last mile delivery market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America last mile delivery market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America last mile delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America last mile delivery market size, by country, 2018-2030 (US$M)

Latin America Last Mile Delivery Market Outlook Share, 2023 & 2030 (US$M)

Latin America last mile delivery market size, by country, 2018-2030 (US$M)

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