PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1463759
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1463759
Pharmaceutical Logistics Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2024 - 2030)
Key Highlights
The pharmaceutical logistics market was valued at USD 92.9 billion in 2023, and it will increase to USD 173.7 billion, advancing at over 9.0% compound annual growth rate, by 2030.
Development in the cold-chain sector is a key factor driving the industry expansion.
The pharma cold-chain sector has grown significantly over the years, and cold-chain logistics accounted for a significant development in the pharmaceutical sector, with a surging need for various drugs.
The industry, during the pandemic of COVID-19, performed admirably, even though most vaccine products required a stringent temperature regime (-80 °C), which had hardly been seen before.
Many pharma cold-chain firms, to deal with the emergency, increased their capacity and raised their service levels, and these adjustments are now helping the pharma logistics companies.
Technological improvement is a major trend being witnessed in this industry. RFID allows pallet-level tracking and identification of pharmaceutical goods, therefore, assisting the supply chain authenticity by sustaining optimum hygiene, preserving product integrity, and decreasing cold chain transport losses.
Major pharmaceutical firms are resorting to industry clouds to boost the move of important workloads to the cloud and address most of these challenges.
The main aspects of the cloud for this market are ERP, supply chain orchestration systems and control towers, quality control solutions for laboratories, and MES systems.
Key Insights
Transportation was the largest contributor to the industry in 2023, with a share of approximately 55%, as transportation is an important part of the logistics chain.
The swift rise in the requirement for medicines after the pandemic has boosted inter-country trade volumes of medicines, which, sequentially, assist the expansion of the transportation sector.
The cold-chain category was the largest contributor to the industry in 2023, and it will also advance at the highest rate, of approximately 9.7%, in the years to come.
The widespread import and export of vaccines have resulted in the expansion of the cold-chain category since the pandemic of COVID-19.
The chemical pharma category accounted for the largest share in 2023, of approximately 45%, mainly because of drug businesses' rising need for APIs.
The growing prevalence of chronic ailments has a major impact on the rising need for chemical pharmaceutical logistics.
The seaways category led the industry in 2023, with a share of approximately 50%. Sea transport can house dedicated refrigerated containers (reefers) easily, allowing greater supply chain organization.
Despite the high risk involved in medication handling, sea carriers seem the finest place to control the complete pharma shipping procedure with refrigeration mechanisms.
Europe is leading the industry, and it will further advance at a 9.6% compound annual growth rate during this decade.
The substantial rise in the trade of pharmaceutical goods across major European nations like the U.K., France, and Germany, is accountable for the leading position of the regional industry.
APAC will advance at the fastest CAGR during this decade, because of the flourishing pharmaceutical and healthcare sectors in India, China, and Japan.
The pharmaceutical logistics industry is very fragmented, with several players operating worldwide. These players are continuously looking for growth strategies like acquiring other businesses to maintain their position in the market.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by type
- 1.4.2. Market size breakdown, by application
- 1.4.3. Market size breakdown, by mode of transportation
- 1.4.4. Market size breakdown, by Component
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Type (2017-2030)
- 6.3. Market Revenue, by Application (2017-2030)
- 6.4. Market Revenue, by Mode of Transportation (2017-2030)
- 6.5. Market Revenue, by Component (2017-2030)
- 6.6. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Type (2017-2030)
- 7.3. Market Revenue, by Application (2017-2030)
- 7.4. Market Revenue, by Mode of Transportation (2017-2030)
- 7.5. Market Revenue, by Component (2017-2030)
- 7.6. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Type (2017-2030)
- 8.3. Market Revenue, by Application (2017-2030)
- 8.4. Market Revenue, by Mode of Transportation (2017-2030)
- 8.5. Market Revenue, by Component (2017-2030)
- 8.6. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Type (2017-2030)
- 9.3. Market Revenue, by Application (2017-2030)
- 9.4. Market Revenue, by Mode of Transportation (2017-2030)
- 9.5. Market Revenue, by Component (2017-2030)
- 9.6. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Type (2017-2030)
- 10.3. Market Revenue, by Application (2017-2030)
- 10.4. Market Revenue, by Mode of Transportation (2017-2030)
- 10.5. Market Revenue, by Component (2017-2030)
- 10.6. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Type (2017-2030)
- 11.3. Market Revenue, by Application (2017-2030)
- 11.4. Market Revenue, by Mode of Transportation (2017-2030)
- 11.5. Market Revenue, by Component (2017-2030)
- 11.6. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Type (2017-2030)
- 12.3. Market Revenue, by Application (2017-2030)
- 12.4. Market Revenue, by Mode of Transportation (2017-2030)
- 12.5. Market Revenue, by Component (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Type (2017-2030)
- 13.3. Market Revenue, by Application (2017-2030)
- 13.4. Market Revenue, by Mode of Transportation (2017-2030)
- 13.5. Market Revenue, by Component (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Type (2017-2030)
- 14.3. Market Revenue, by Application (2017-2030)
- 14.4. Market Revenue, by Mode of Transportation (2017-2030)
- 14.5. Market Revenue, by Component (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Type (2017-2030)
- 15.3. Market Revenue, by Application (2017-2030)
- 15.4. Market Revenue, by Mode of Transportation (2017-2030)
- 15.5. Market Revenue, by Component (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Type (2017-2030)
- 16.3. Market Revenue, by Application (2017-2030)
- 16.4. Market Revenue, by Mode of Transportation (2017-2030)
- 16.5. Market Revenue, by Component (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Type (2017-2030)
- 17.3. Market Revenue, by Application (2017-2030)
- 17.4. Market Revenue, by Mode of Transportation (2017-2030)
- 17.5. Market Revenue, by Component (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Type (2017-2030)
- 18.3. Market Revenue, by Application (2017-2030)
- 18.4. Market Revenue, by Mode of Transportation (2017-2030)
- 18.5. Market Revenue, by Component (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Type (2017-2030)
- 19.3. Market Revenue, by Application (2017-2030)
- 19.4. Market Revenue, by Mode of Transportation (2017-2030)
- 19.5. Market Revenue, by Component (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Type (2017-2030)
- 20.3. Market Revenue, by Application (2017-2030)
- 20.4. Market Revenue, by Mode of Transportation (2017-2030)
- 20.5. Market Revenue, by Component (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Type (2017-2030)
- 21.3. Market Revenue, by Application (2017-2030)
- 21.4. Market Revenue, by Mode of Transportation (2017-2030)
- 21.5. Market Revenue, by Component (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Type (2017-2030)
- 22.3. Market Revenue, by Application (2017-2030)
- 22.4. Market Revenue, by Mode of Transportation (2017-2030)
- 22.5. Market Revenue, by Component (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Type (2017-2030)
- 23.3. Market Revenue, by Application (2017-2030)
- 23.4. Market Revenue, by Mode of Transportation (2017-2030)
- 23.5. Market Revenue, by Component (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Type (2017-2030)
- 24.3. Market Revenue, by Application (2017-2030)
- 24.4. Market Revenue, by Mode of Transportation (2017-2030)
- 24.5. Market Revenue, by Component (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Type (2017-2030)
- 25.3. Market Revenue, by Application (2017-2030)
- 25.4. Market Revenue, by Mode of Transportation (2017-2030)
- 25.5. Market Revenue, by Component (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Type (2017-2030)
- 26.3. Market Revenue, by Application (2017-2030)
- 26.4. Market Revenue, by Mode of Transportation (2017-2030)
- 26.5. Market Revenue, by Component (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Type (2017-2030)
- 27.3. Market Revenue, by Application (2017-2030)
- 27.4. Market Revenue, by Mode of Transportation (2017-2030)
- 27.5. Market Revenue, by Component (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Type (2017-2030)
- 28.3. Market Revenue, by Application (2017-2030)
- 28.4. Market Revenue, by Mode of Transportation (2017-2030)
- 28.5. Market Revenue, by Component (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Agility Public Warehousing Company K.S.C.P.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Deutsche Post AG
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Yusen Logistics Co. Ltd.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. CEVA
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Kerry Logistics Network Limited
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Kuehne+Nagel
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Federal Express Canada Corporation
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. CWT Pte. Limited
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. GEMADEPT
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Delhivery Limited
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Singapore Post Limited
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Cencora Inc.
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
- 30.13. SF Express Co. Ltd.
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary
- 30.14. YCH Group
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.14.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
