Last Mile Logistics Represents a $2.1 Billion Dollar Market in Mexico and Attracts More Companies and Solutions

The last-mile logistics and shipping sector in Mexico is expected to reach a revenue of $2.1 billion this year, according to Statista.
Lalamove, a delivery platform, has entered the Mexican market, providing logistic solutions for small and medium-sized enterprises (SMEs) and creating job opportunities.

Photograph of logistics and shipping in Mexico City. Photo: Orachon Parsuthiphol.

08/31/2021

According to estimates from Statista, the last-mile logistics and shipping industry is projected to reach a revenue of $2.1 billion by the end of this year. Online sales grew by 81% last year, as reported by the Mexican Association of Online Sales (AMVO).

Just a couple of months before the pandemic arrived in Mexico, Lalamove landed in the country from Hong Kong. The delivery platform is part of the digital logistics ecosystem that still has room for more competitors, says Christophe Milhères, Managing Director at Lalamove Mexico. This solution allows small and medium-sized enterprises (SMEs) to mobilize their goods while also providing job opportunities.

Lalamove coordinates deliveries required by businesses with partners who have vehicles suitable for different types of items being shipped. For example, they can make deliveries using motorcycles, sedans, vans, trucks, or even trucks for bulky goods. "We do this through our platform, which is both a mobile application and a web app. Additionally, for our larger e-commerce and retailer clients, we offer integration via API (Application Programming Interface)," Milhères said in an interview with Business Insider Mexico.

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.