The research report on the global Pharmaceutical Logistics Market focuses on the key players and the competitive landscape present. The information includes a list of strategic initiatives taken by the companies in recent years and the ones expected to happen in the foreseeable future. In addition, researchers have noted the financial outlook of these companies, their research and development activities, and their expansion plans for the near future. The research report on the global market is a sincere attempt at giving the readers a comprehensive view of the market to interested readers.
Pharmaceutical Logistics Market Size, Share & Trends Analysis Report by Type (Cold Chain Logistics, Non-cold Chain Logistics), By Component (Storage, Transportation), and Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Pharmaceutical Logistics Market Overview
The Pharmaceutical Logistics Market size is projected to reach a CAGR of 8.5% from 2022 to 2028.
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The pharmaceutical industry uses logistics for the overall management of the way resources are acquired, stored, and moved. The implementation of logistics in this industry allows for the continuous supply of drugs, equipment, and devices from suppliers and distributors in different locations. The pharmaceutical industry primarily caters to large pharmacy retail chains, whole-sellers of medical products, as well as directly to clinics and hospitals.
The increasing demand for Over-The-Counter (OTC) medicines such as Vitamins, Minerals, and Supplements (VMS), common cough and cold drugs, gastrointestinal drugs, and dermatology products are some of the factors that have supported long-term expansion for Pharmaceutical Logistics Market.
Pharmaceutical Logistics Market Regional Analysis
In Europe, the pharmaceutical logistics market accounted for the largest revenue share. The region is estimated to witness a significant growth rate from 2022 to 2028.
Pharmaceutical Logistics Market Competitive Landscape
Key Players
· Agility
· Air Canada
· CEVA Logistics
· DB Schenker
· Deutsche Post AG
· FedEx
· LifeConEx
· Marken
· United Parcel Service of America, Inc.
· VersaCold Logistics Services
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Recent Developments in the Pharmaceutical Logistics Market
· January 2019, FedEx announced the acquisition of International Express Business from Flying Cargo Group in Israel.
· May 2020, United Parcel Service of America, Inc. announced the expansion of the company’s healthcare capabilities with the launch of the new UPS Premier.
Reasons to Acquire Pharmaceutical Logistics Market Report
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Pharmaceutical Logistics Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
Pharmaceutical Logistics Market is segmented into type, component and region.
On the basis of Type
Cold Chain Logistics
Non-cold Chain Logistics
On the basis of Component
Storage
Transportation
Monitoring components
On the basis of Region
Asia Pacific
North America
Europe
South America
Middle East & Africa
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