Pharmaceutical Logistics Market
Pharmaceutical Logistics Market analysis examines various segments that are relied upon to witness the quickest growth amid the approximate forecast frame. With the particular base year and the historic year, definite estimations and calculations are carried out in this industry analysis report. This market study also evaluates the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter’s Five Forces Analysis. The winning Pharmaceutical Logistics Market report is the best option to acquire a professional in-depth study on the current state for the market.
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Market Analysis: Global Pharmaceutical Logistics Market
Global pharmaceutical logistics market is expected to rise to an estimated value of USD 98.19 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing demand for more effective and efficient logistics service amid a rise in consumption of pharmaceutical products.
Key Market Competitors: Global Pharmaceutical Logistics Market
Agility;
Air Canada;
PCI Pharma Services;
Continental Cargo OÜ;
CEVA Logistics;
Schenker AG;
Deutsche Post AG;
FedEx;
Kerry Logistics Network Limited;
LifeConEx;
Genco Shipping & Trading;
AGRO Merchants Group;
United Parcel Service of America, Inc.;
DSV;
VersaCold Logistics Services;
AmerisourceBergen Corporation;
KUEHNE + NAGEL;
YUSEN LOGISTICS CO, LTD.;
Stellar;
SF Express;
PANALPINA WORLD TRANSPORT (HOLDING) LTD. and C.H. Robinson Worldwide, Inc.
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Market Drivers
Increasing sales and consumption of pharmaceutical products which has been caused by an increased prevalence of chronic diseases; this factor is expected to drive the growth of the market
Need for decreasing the overall cost of logistics service by adopting a unified distribution service; this factor is expected to enhance the growth of the market
Enhanced verification and safety of services as it prevent counterfeit drugs being distributed through the supply chain; this factor is expected to flourish the growth of the market
Increased demand for specialized value-added services such as temperature-controlled, cold chain storage; this factor is expected to add on to the growth of the market
Market Restraints
Requirement of a coordinated and interlinked logistics services with complete anonymity in the supply chain of pharmaceuticals; this factor is expected to restrain the growth of the market
Requirement of complying with strict regulations that are varied according to the different regions of the world; this factor is expected to hinder the market growth
Reasons to Purchase this Report
Current and future of global pharmaceutical logistics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
Market Definition: Global Pharmaceutical Logistics Market
Pharmaceutical logistics is a specialized branch of logistics services wherein service providers are focused on providing transporting, storage, proper handling and delivering the pharmaceutical products from the manufacturing location to the desired location. Pharmaceutical logistics require the services to be designated as per the regulations of products provided by the authorities.
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Segmentation: Global Pharmaceutical Logistics Market
By Type
Cold Chain
Non Cold Chain
By Service
Logistics
Sea Freight
Airfreight
Rail Freight
Overland
Integrated
Procedures
Picking
Storage
Retrieval Systems
Handling Systems
By Application
Chemical Pharma
Bio-Pharma
Specialized Pharma
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In April 2019, Stellar announced that they had acquired Patel Roadways through their business operations unit Innovative Logistics Services Pvt. Ltd. in an all-cash transaction. This acquisition expands the on-road capabilities of Stellar as they will be able to provide logistical services to more than 350 branches across the Indian region, as they look to expand their fleet of trucks and service offerings especially value-added services.
In November 2016, United Parcel Service of America, Inc. (UPS) announced that they had agreed to acquire Marken. This acquisition will further expand the logistics services provided by UPS especially for pharmaceutical, life sciences and healthcare industries. Marken will begin operating as a subsidiary of UPS. This acquisition will help in the expansion of logistics facilities for healthcare and clinical trials in compliance with the regulations provided by authorities.
Competitive Analysis: Global Pharmaceutical Logistics Market
Global pharmaceutical logistics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical logistics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Table Of Contents: Global Pharmaceutical Logistics Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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