Global Pharmaceutical Warehousing Market Size, Share & Trends Analysis Report By Type (Non-Cold Chain Warehousing, and Cold Chain Warehousing), By Application, By Regional Outlook and Forecast, 2024 - 2031
The Global Pharmaceutical Warehousing Market size is expected to reach $34.1 billion by 2031, rising at a market growth of 4.5% CAGR during the forecast period.
The region experiences a swiftly expanding population and an aging demographic composition. Thus, the Asia Pacific region acquired 37.4% revenue share in the market 2023. As the population increases and ages, there is a corresponding rise in healthcare needs and demand for pharmaceutical products to treat various medical conditions, including chronic diseases. This increased demand drives the need for expanded pharmaceutical warehouse capacity to store and distribute medications effectively.
Pharmaceutical companies and warehousing providers invested in technology and automation to improve operational efficiency and agility in response to the challenges posed by the pandemic. This included adopting warehouse management systems (WMS), robotics, and advanced analytics to optimize inventory management, order processing, and logistics operations. Thus, the COVID-19 pandemic had a positive impact on the market.
The pharmaceutical industry is witnessing increasing development and distribution of temperature-sensitive products such as biologics, vaccines, and specialty medications. These products require strict temperature control throughout the supply chain to maintain efficacy and safety.
Additionally, Pharmaceutical warehouses must invest in infrastructure and technology to meet these specialized storage requirements, including temperature-controlled storage areas, cold chain logistics, and monitoring systems to ensure product integrity. Therefore, the expansion of the pharmaceutical industry is driving the market's growth.
However, setting up a pharmaceutical warehousing facility requires significant investment in infrastructure, including construction or acquisition of warehouse space, installation of temperature-controlled storage areas, and implementation of security systems. Hence, high initial investment costs are impeding the market's growth.
Type Outlook
Based on type, the market is divided into cold chain warehousing and non-cold chain warehousing. The cold chain warehousing segment attained 44.2% revenue share in the market in 2023. Many pharmaceutical products, such as vaccines, biologics, and certain medications, are highly sensitive to temperature fluctuations.
Application Outlook
On the basis of application, the market is segmented into pharmacy, hospital, pharmaceutical factory, and others. In 2023, the hospital segment attained 14.1% revenue share in the market. Hospitals often require storage for specialized medications, including high-cost drugs, biologics, vaccines, and medications with specific storage requirements (e.g., refrigeration).
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the North America region generated 30.9% revenue share in the market. North America, particularly the United States, is home to one of the largest pharmaceutical markets globally.
List of Key Companies Profiled
- Univar Solutions, Inc.
- Brenntag SE
- Odyssey Logistics & Technology Corporation (The Jordan Company)
- Rinchem Company, LLC (Stonepeak)
- Anchor 3PL.
- Broekman Logistics
- Commonwealth Inc.
- DHL GROUP
- RSA TALKE
- KEMITO
By Type
- Non-Cold Chain Warehousing
- Cold Chain Warehousing
- Pharmaceutical Factory
- Pharmacy
- Hospital
- Others
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Pharmaceutical Warehousing Market, by Type
- 1.4.2 Global Pharmaceutical Warehousing Market, by Application
- 1.4.3 Global Pharmaceutical Warehousing Market, by Geography
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter’s Five Forces Analysis
- Chapter 4. Global Pharmaceutical Warehousing Market by Type
- 4.1 Global Non-Cold Chain Warehousing Market by Region
- 4.2 Global Cold Chain Warehousing Market by Region
- Chapter 5. Global Pharmaceutical Warehousing Market by Application
- 5.1 Global Pharmaceutical Factory Market by Region
- 5.2 Global Pharmacy Market by Region
- 5.3 Global Hospital Market by Region
- 5.4 Global Others Market by Region
- Chapter 6. Global Pharmaceutical Warehousing Market by Region
- 6.1 North America Pharmaceutical Warehousing Market
- 6.1.1 North America Pharmaceutical Warehousing Market by Type
- 6.1.1.1 North America Non-Cold Chain Warehousing Market by Country
- 6.1.1.2 North America Cold Chain Warehousing Market by Country
- 6.1.2 North America Pharmaceutical Warehousing Market by Application
- 6.1.2.1 North America Pharmaceutical Factory Market by Country
- 6.1.2.2 North America Pharmacy Market by Country
- 6.1.2.3 North America Hospital Market by Country
- 6.1.2.4 North America Others Market by Country
- 6.1.3 North America Pharmaceutical Warehousing Market by Country
- 6.1.3.1 US Pharmaceutical Warehousing Market
- 6.1.3.1.1 US Pharmaceutical Warehousing Market by Type
- 6.1.3.1.2 US Pharmaceutical Warehousing Market by Application
- 6.1.3.2 Canada Pharmaceutical Warehousing Market
- 6.1.3.2.1 Canada Pharmaceutical Warehousing Market by Type
- 6.1.3.2.2 Canada Pharmaceutical Warehousing Market by Application
- 6.1.3.3 Mexico Pharmaceutical Warehousing Market
- 6.1.3.3.1 Mexico Pharmaceutical Warehousing Market by Type
- 6.1.3.3.2 Mexico Pharmaceutical Warehousing Market by Application
- 6.1.3.4 Rest of North America Pharmaceutical Warehousing Market
- 6.1.3.4.1 Rest of North America Pharmaceutical Warehousing Market by Type
- 6.1.3.4.2 Rest of North America Pharmaceutical Warehousing Market by Application
- 6.2 Europe Pharmaceutical Warehousing Market
- 6.2.1 Europe Pharmaceutical Warehousing Market by Type
- 6.2.1.1 Europe Non-Cold Chain Warehousing Market by Country
- 6.2.1.2 Europe Cold Chain Warehousing Market by Country
- 6.2.2 Europe Pharmaceutical Warehousing Market by Application
- 6.2.2.1 Europe Pharmaceutical Factory Market by Country
- 6.2.2.2 Europe Pharmacy Market by Country
- 6.2.2.3 Europe Hospital Market by Country
- 6.2.2.4 Europe Others Market by Country
- 6.2.3 Europe Pharmaceutical Warehousing Market by Country
- 6.2.3.1 Germany Pharmaceutical Warehousing Market
- 6.2.3.1.1 Germany Pharmaceutical Warehousing Market by Type
- 6.2.3.1.2 Germany Pharmaceutical Warehousing Market by Application
- 6.2.3.2 UK Pharmaceutical Warehousing Market
- 6.2.3.2.1 UK Pharmaceutical Warehousing Market by Type
- 6.2.3.2.2 UK Pharmaceutical Warehousing Market by Application
- 6.2.3.3 France Pharmaceutical Warehousing Market
- 6.2.3.3.1 France Pharmaceutical Warehousing Market by Type
- 6.2.3.3.2 France Pharmaceutical Warehousing Market by Application
- 6.2.3.4 Russia Pharmaceutical Warehousing Market
- 6.2.3.4.1 Russia Pharmaceutical Warehousing Market by Type
- 6.2.3.4.2 Russia Pharmaceutical Warehousing Market by Application
- 6.2.3.5 Spain Pharmaceutical Warehousing Market
- 6.2.3.5.1 Spain Pharmaceutical Warehousing Market by Type
- 6.2.3.5.2 Spain Pharmaceutical Warehousing Market by Application
- 6.2.3.6 Italy Pharmaceutical Warehousing Market
- 6.2.3.6.1 Italy Pharmaceutical Warehousing Market by Type
- 6.2.3.6.2 Italy Pharmaceutical Warehousing Market by Application
- 6.2.3.7 Rest of Europe Pharmaceutical Warehousing Market
- 6.2.3.7.1 Rest of Europe Pharmaceutical Warehousing Market by Type
- 6.2.3.7.2 Rest of Europe Pharmaceutical Warehousing Market by Application
- 6.3 Asia Pacific Pharmaceutical Warehousing Market
- 6.3.1 Asia Pacific Pharmaceutical Warehousing Market by Type
- 6.3.1.1 Asia Pacific Non-Cold Chain Warehousing Market by Country
- 6.3.1.2 Asia Pacific Cold Chain Warehousing Market by Country
- 6.3.2 Asia Pacific Pharmaceutical Warehousing Market by Application
- 6.3.2.1 Asia Pacific Pharmaceutical Factory Market by Country
- 6.3.2.2 Asia Pacific Pharmacy Market by Country
- 6.3.2.3 Asia Pacific Hospital Market by Country
- 6.3.2.4 Asia Pacific Others Market by Country
- 6.3.3 Asia Pacific Pharmaceutical Warehousing Market by Country
- 6.3.3.1 China Pharmaceutical Warehousing Market
- 6.3.3.1.1 China Pharmaceutical Warehousing Market by Type
- 6.3.3.1.2 China Pharmaceutical Warehousing Market by Application
- 6.3.3.2 Japan Pharmaceutical Warehousing Market
- 6.3.3.2.1 Japan Pharmaceutical Warehousing Market by Type
- 6.3.3.2.2 Japan Pharmaceutical Warehousing Market by Application
- 6.3.3.3 India Pharmaceutical Warehousing Market
- 6.3.3.3.1 India Pharmaceutical Warehousing Market by Type
- 6.3.3.3.2 India Pharmaceutical Warehousing Market by Application
- 6.3.3.4 South Korea Pharmaceutical Warehousing Market
- 6.3.3.4.1 South Korea Pharmaceutical Warehousing Market by Type
- 6.3.3.4.2 South Korea Pharmaceutical Warehousing Market by Application
- 6.3.3.5 Singapore Pharmaceutical Warehousing Market
- 6.3.3.5.1 Singapore Pharmaceutical Warehousing Market by Type
- 6.3.3.5.2 Singapore Pharmaceutical Warehousing Market by Application
- 6.3.3.6 Malaysia Pharmaceutical Warehousing Market
- 6.3.3.6.1 Malaysia Pharmaceutical Warehousing Market by Type
- 6.3.3.6.2 Malaysia Pharmaceutical Warehousing Market by Application
- 6.3.3.7 Rest of Asia Pacific Pharmaceutical Warehousing Market
- 6.3.3.7.1 Rest of Asia Pacific Pharmaceutical Warehousing Market by Type
- 6.3.3.7.2 Rest of Asia Pacific Pharmaceutical Warehousing Market by Application
- 6.4 LAMEA Pharmaceutical Warehousing Market
- 6.4.1 LAMEA Pharmaceutical Warehousing Market by Type
- 6.4.1.1 LAMEA Non-Cold Chain Warehousing Market by Country
- 6.4.1.2 LAMEA Cold Chain Warehousing Market by Country
- 6.4.2 LAMEA Pharmaceutical Warehousing Market by Application
- 6.4.2.1 LAMEA Pharmaceutical Factory Market by Country
- 6.4.2.2 LAMEA Pharmacy Market by Country
- 6.4.2.3 LAMEA Hospital Market by Country
- 6.4.2.4 LAMEA Others Market by Country
- 6.4.3 LAMEA Pharmaceutical Warehousing Market by Country
- 6.4.3.1 Brazil Pharmaceutical Warehousing Market
- 6.4.3.1.1 Brazil Pharmaceutical Warehousing Market by Type
- 6.4.3.1.2 Brazil Pharmaceutical Warehousing Market by Application
- 6.4.3.2 Argentina Pharmaceutical Warehousing Market
- 6.4.3.2.1 Argentina Pharmaceutical Warehousing Market by Type
- 6.4.3.2.2 Argentina Pharmaceutical Warehousing Market by Application
- 6.4.3.3 UAE Pharmaceutical Warehousing Market
- 6.4.3.3.1 UAE Pharmaceutical Warehousing Market by Type
- 6.4.3.3.2 UAE Pharmaceutical Warehousing Market by Application
- 6.4.3.4 Saudi Arabia Pharmaceutical Warehousing Market
- 6.4.3.4.1 Saudi Arabia Pharmaceutical Warehousing Market by Type
- 6.4.3.4.2 Saudi Arabia Pharmaceutical Warehousing Market by Application
- 6.4.3.5 South Africa Pharmaceutical Warehousing Market
- 6.4.3.5.1 South Africa Pharmaceutical Warehousing Market by Type
- 6.4.3.5.2 South Africa Pharmaceutical Warehousing Market by Application
- 6.4.3.6 Nigeria Pharmaceutical Warehousing Market
- 6.4.3.6.1 Nigeria Pharmaceutical Warehousing Market by Type
- 6.4.3.6.2 Nigeria Pharmaceutical Warehousing Market by Application
- 6.4.3.7 Rest of LAMEA Pharmaceutical Warehousing Market
- 6.4.3.7.1 Rest of LAMEA Pharmaceutical Warehousing Market by Type
- 6.4.3.7.2 Rest of LAMEA Pharmaceutical Warehousing Market by Application
- Chapter 7. Company Profiles
- 7.1 Univar Solutions, Inc.
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental Analysis
- 7.1.4 Recent strategies and developments:
- 7.1.4.1 Partnerships, Collaborations, and Agreements:
- 7.1.5 SWOT Analysis
- 7.2 Brenntag SE
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Recent strategies and developments:
- 7.2.4.1 Partnerships, Collaborations, and Agreements:
- 7.2.5 SWOT Analysis
- 7.3 Odyssey Logistics & Technology Corporation (The Jordan Company)
- 7.3.1 Company Overview
- 7.3.2 SWOT Analysis
- 7.4 Rinchem Company, LLC (Stonepeak)
- 7.4.1 Company Overview
- 7.4.2 SWOT Analysis
- 7.5 Anchor 3PL.
- 7.5.1 Company Overview
- 7.5.2 SWOT Analysis
- 7.6 Broekman Logistics
- 7.6.1 Company Overview
- 7.6.2 SWOT Analysis
- 7.7 Commonwealth Inc.
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 DHL GROUP
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 SWOT Analysis
- 7.9 RSA TALKE
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. KEMITO
- 7.10.1 Company Overview
- Chapter 8. Winning Imperatives of Pharmaceutical Warehousing Market
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