Pharmaceutical Logistics Market Report 2024 by Delvens offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Pharmaceutical Logistics Market size is projected to reach a CAGR of 8.5% 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.
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.
Key Players of Pharmaceutical Logistics Market:
· Agility
· Air Canada
· CEVA Logistics
· DB Schenker
· Deutsche Post AG
· FedEx
· LifeConEx
· Marken
· United Parcel Service of America, Inc.
· VersaCold Logistics Services and More
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Recent Developments
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.
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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Reasons to Acquire
· 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
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.
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