The global pharmaceutical logistics market is growing at a considerable CAGR of 8.0% during the forecast period. Increasing developed modes of transportation, decreasing distribution costs are two of the prime factors affecting and driving the market. Additionally, the increasing supply chain globalization along with growing demand related with over counter (OTC) medicines are also estimated to be the key factors that are contributing significantly towards the growth of the market. However, a changing price policy across the globe is the major factor constraint that is hindering the growth of the global pharmaceutical logistics market.
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Moreover, the emerging focus on deliveries through air drones also is one of the key factors that are creating opportunities in the market. New product launches in the market are likely to drive the growth of the global pharmaceutical logistics market. For instance, in January 2021, Deutsche Post AG had enlarged its medical and pharmaceutical logistics capacity in Germany. The company elaborated its Life Sciences & Healthcare (LSH) facility for around 2,500 square meters. The center is considered to be nearest to the airport along with houses in order to effectively store and handle temperature-controlled pharmaceutical and medical products that include vaccinations.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Pharmaceutical Logistics Market
By Type
- Cold Chain Logistics
- Non-cold Chain Logistics
By Components
- Storage
- Transportation
- Monitoring
Global Pharmaceutical Logistics Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pharmaceutical logistics market based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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