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)
The Pharmaceutical Logistics Market size is projected to reach a CAGR of 8.5% from 2022 to 2028.
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.
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.
Insights are provided for each region and major countries within the regions
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 8.5% during the forecasting period, 2022-2028 |
Historical Data |
2019-2020 |
Forecast Years |
2022-2028 |
Base Year |
2021 |
Units Considered |
Revenue in USD billion and CAGR from 2022 to 2028 |
Report Segmentation |
type, component and region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Agility; Air Canada; CEVA Logistics; DB Schenker; Deutsche Post AG; FedEx; LifeConEx; Marken; United Parcel Service of America, Inc.; VersaCold Logistics Services |
Available Customization |
In addition to the market data for Pharmaceutical Logistics Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement. |
Pharmaceutical Logistics Market is segmented into type, component and region.