Global Pharmaceutical Logistics Market 2024-2028
The pharmaceutical logistics market is forecasted to grow by USD 11,957.56 mn during 2023-2028, accelerating at a CAGR of 2.46% during the forecast period. The report on the pharmaceutical logistics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing global pharmaceutical sales, increasing government initiatives, and rising seaborne pharmaceutical transportation.
Technavio's pharmaceutical logistics market is segmented as below:
By Type
- Non-cold chain logistics
- Cold chain logistics
By Service
By Geography
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the high demand for personalized medicine as one of the prime reasons driving the pharmaceutical logistics market growth during the next few years. Also, the emergence of drones for drug delivery and a growing number of initiatives to promote cold chain logistics will lead to sizable demand in the market.
The report on the pharmaceutical logistics market covers the following areas:
- Pharmaceutical logistics market sizing
- Pharmaceutical logistics market forecast
- Pharmaceutical logistics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pharmaceutical logistics market vendors that include Abu Dhabi Ports PJSC, AP Moller Maersk AS, AWL India Pvt. Ltd., CJ CheilJedang Corp., CMA CGM SA Group, DB Schenker, Deutsche Post AG, DSV AS, FedEx Corp., Gemadept Corp., GEODIS, Kuehne Nagel Management AG, Nippon Yusen Kabushiki Kaisha, Pharma Logistics LLC, SF Express Co. Ltd., Tiong Nam Logistics Holdings Berhad, United Parcel Service Inc., Varuna Group, WHA Corp. PCL, and YCH Group. Also, the pharmaceutical logistics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.