Global Bio Pharma Logistics Market Growth (Status and Outlook) 2023-2029

Global Bio Pharma Logistics Market Growth (Status and Outlook) 2023-2029

Logistics is a key component in the biopharmaceutical supply chain. In recent times, a dynamic business environment and a supply chain, which is outlined with greater complexity, have fueled the demand for a more precise and targeted approach to temperature control. Nations around the world are tightening their regulations to ensure secure and reliable transportation of pharmaceutical shipments.

LPI (LP Information)' newest research report, the “Bio Pharma Logistics Industry Forecast” looks at past sales and reviews total world Bio Pharma Logistics sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio Pharma Logistics sales for 2023 through 2029. With Bio Pharma Logistics sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio Pharma Logistics industry.

This Insight Report provides a comprehensive analysis of the global Bio Pharma Logistics landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio Pharma Logistics portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bio Pharma Logistics market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio Pharma Logistics and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio Pharma Logistics.

The global Bio Pharma Logistics market size is projected to grow from US$ 69490 million in 2022 to US$ 98600 million in 2029; it is expected to grow at a CAGR of 5.1% from 2023 to 2029.

The rising demand for the home healthcare products is the major driver for the pharmaceutical logistics market. The market is experiencing a continuous growth in order to meet the increasing demand of the pharmaceutical industry. Maintaining integrity, improving the cost of supply chain and reducing the distribution cost by forming a single source distribution channel adds up to the drivers of pharmaceutical logistics market. Increasing importance of fast track assistance and simple communication has also led to increasing demand for pharmaceutical logistics. The market is dominated by North America and Europe. These nations have a high number of exports and imports for biopharmaceuticals, and also are the first ones to introduce advanced technologies for the betterment of transportation and warehousing in the supply chain.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio Pharma Logistics market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Generic Drugs
Branded Drugs

Segmentation by application
Air Shipping
Sea Shipping
Road Shipping
Rail Shipping

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
FedEx Corporation
Deutsche Post DHL Group
Panalpina World Transport
United Parcel Service
Ceva Logistics
Panalpina Group
Kuehne + Nagel International
DB Schenker
C.H. Robinson Worldwide
XPO Logistics

Please note: The report will take approximately 2 business days to prepare and deliver.