Global Bio-Pharma Logistics Market Size study & Forecast, by Service (Transportation, Warehousing and Distribution, and Value-added Services), by Type of Operation (Cold Chain and Non-cold Chain), and Regional Analysis, 2022-2029

Global Bio-Pharma Logistics Market Size study & Forecast, by Service (Transportation, Warehousing and Distribution, and Value-added Services), by Type of Operation (Cold Chain and Non-cold Chain), and Regional Analysis, 2022-2029

The Global Bio-Pharma Logistics Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2029. Biopharmaceuticals are among the most significant achievements of modern science. These drugs are increasingly being used in almost all fields of medicine. They have evolved into one of the most effective clinical treatment modalities for a wide range of diseases, including cancer and metabolic disorders. The transportation and storage of these consignments are referred to as bio-pharma logistics. The Bio-Pharma Logistics market is expanding because of factors such as the rising bio-pharmaceutical industry and investment in logistics.

Moreover, the rising Bio-pharma industry is anticipated to create the lucrative demand for the market during forecast period. According to Statista, in 2021, the global biopharmaceutical industry attained a value of worth around USD 7.15 trillion dollars. In 2020, it was around USD 6.65 trillion. Additionally, the rising emergence of regenerative medicines and growing R&D activities by market players is anticipated to propel the lucrative opportunities for the market. However, higher operational costs hamper market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Bio-Pharma Logistics Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increasing demand for biopharmaceutical medicines, growing incidences of cough, cold drugs, and gastrointestinal and dermatology products.
Whereas the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as increasing growth across the pharmaceutical industry, and rising growth activities by market players in the forecast period.

Major market players included in this report are:
Deutsche Post DHL Group
Kuehne + Nagel
UPS (Marken)
DB Schenker
FedEx
Nippon Express
World Courier
SF Express
DSV
CEVA

Recent Developments in the Market:
In September 2021, Nippon Express Co. Ltd announced that it is developing pharmaceutical supply chain networks that meet both hardware and software requirements for good distribution practices, allowing for a safer and more secure pharmaceutical supply.
In August 2020, UPS constructed two massive freezer farms capable of super-cooling millions of vials of a COVID-19 vaccine in preparation for the day when the medicine might need to be delivered at high speed around the world.

Global Bio-Pharma Logistics Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Services, Type of Operation, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Service:
Transportation
Warehousing and Distribution
Value Added Services

By Type Of Operation:
Cold Chain
Non-cold Chain

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Deutsche Post DHL Group
Kuehne + Nagel
UPS (Marken)
DB Schenker
FedEx
Nippon Express
World Courier
SF Express
DSV
CEVA

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