The global biopharmaceutical logistics market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The growing pharmaceutical industry is enabling the need for speedy distribution services and advanced storage solutions, which in turn driving the global biopharmaceutical logistics market. For instance, as per the data published by India Brand Equity Foundation (IBEF) in 2021, the Indian pharmaceutical sector supplies approximately 50% of the global demand for various vaccines, 40.0% of the generic demand in the US, and 25.0% of all medicine in the UK. Indian pharmaceutical industry includes a network of 3000 drug companies and 10,500 manufacturing units. According to the Indian Economic Research Survey 2021, the Indian pharmaceutical market is estimated at $42 billion in 2021 and is anticipated to reach $65 billion by 2024 and further expand to reach $120-130 billion by 2030. Similarly, the biotechnology industry was valued at $64 billion in 2019 and is projected to reach $150 billion by 2025. Thus, the growth of the pharmaceutical industry is anticipated to fuel the demand for the global biopharmaceutical logistics market.
A full report Biopharmaceutical Logistics Market of is available at: https://orionmarketreports.com/global-biopharmaceutical-logistics-market/11270/
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- FedEx Corp, Deutsche Post DHL Group, UPS (Marken), and DB Schenker (Deutche Bahn)among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Biopharmaceutical Logistics Market Report by Segment
By Type
- Air shipping
- Sea Shipping
- Road Shipping
- Rail Shipping
By Application
- Cold Chain Logistics
- Non-Cold Chain Logistics
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic coverage
- North America market size and/or volume
- Latin America market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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