Pharmaceutical Logistics Market Size, Share, Global Trends, Forecast to 2026

Pharmaceutical Logistics Market

Pharmaceutical Logistics Market Size – By Type (Cold Chain Logistics and Non-Cold Chain Logistics), By Component (Storage and Transportation), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Category: Automotive Report Format : PDF Pages: 120 Report Code: ZMR-6440 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 72.2 Billion USD 125.67 Billion 8.9%% 2019

Pharmaceutical Logistics Market

Pharmaceutical Logistics Market: Industry Perspective

The Global Pharmaceutical Logistics Market Size accrued earnings worth approximately 72.2 USD Billion in 2019 and is predicted to gain revenue of about 125.67 USD Billion by 2026, is set to record a CAGR of nearly 8.9% over the period from 2020 to 2026. The report offers an assessment and analysis of the Pharmaceutical Logistics market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue USD Billion.

Global Pharmaceutical Logistics Market SizeRequest Free Sample

Pharmaceutical Logistics Market: Overview

Pharmaceutical logistics involves planning & execution of pharmaceutical supply chain operations. These functions comprise activities such as warehousing, transport, and inventory management. In addition to this, pharma logistics are highly sensitive to changing temperatures and hence are required to be stored at the proper temperature. To focus on core business, firms also outsource pharma logistics operations to third parties. The need for improving service quality as well as customer satisfaction in the pharma logistics business has resulted in the launching of the Kano model & importance-satisfaction model.

Pharmaceutical Logistics Market: Growth Drivers

Escalating demand for over-the-counter medicines like vitamins, supplements, and minerals will open new vistas of growth for the pharmaceutical logistics industry over the upcoming years. The need for fast-track support for healthcare activities will change the phase of market growth in the years ahead. The necessity of decreasing distribution costs through the creation of a single source distribution channel will enhance the pharmaceutical logistics industry's growth over the forecast period. In addition to this, rapid inclination toward drugs along with a surge in sales of pharmaceuticals will drive pharmaceutical logistics market trends.

Moreover, an increase in the popularity of air freight logistics for intercontinental vaccine & medicine distribution will promulgate business growth over the forecast timeline. The rise in the occurrence of chronic ailments and a surge in the target patient population base will embellish market trends.

Pharmaceutical Logistics Market: Report Scope

Report Attributes Report Details
Report Name Pharmaceutical Logistics Market Research Report
Market Size in 2019 USD 72.2 Billion
Market Forecast in 2026 USD 125.67 Billion
Growth Rate CAGR of 8.9%
Number of Pages 120
Key Companies Covered CEVA Logistics, AmerisourceBergen Corporation, Agility, C.H. Robinson Worldwide, Inc., Air Canada, FedEx, United Parcel Service of America, Inc., PCI Pharma Services, Stellar Value Chain Solutions Pvt. Ltd., Continental Cargo OÜ, VersaCold Logistics Services, YUSEN LOGISTICS CO, LTD., KERRY LOGISTICS NETWORK LIMITED, LifeConEx, AGRO Merchants Group, Kuehne+Nagel, DSV, SF Express, Panalpina World Transport (Holding) Ltd., and MARKEN.
Segments Covered By Type, By Component, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2017 to 2019
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Pharmaceutical Logistics Market: Regional Landscape

European Market To Register Notable Growth In Terms of Revenue By 2026

The growth of the pharmaceutical logistics industry in Europe over the forecast period can be credited to the rise in trading activities concerning pharma products in European countries such as Norway, Germany, France, and the UK. Apparently, escalating popularity of drugs including OTC medicines will prompt a regional industry surge over the assessment period.  The presence of key players in Europe is anticipated to steer regional market trends.

Pharmaceutical Logistics Market: Competitive Landscape

Some of the leading players in the global market include

  • CEVA Logistics
  • AmerisourceBergen Corporation
  • Agility
  • C.H. Robinson Worldwide Inc.
  • Air Canada
  • FedEx
  • United Parcel Service of America Inc.
  • PCI Pharma Services
  • Stellar Value Chain Solutions Pvt. Ltd.
  • Continental Cargo OÜ
  • VersaCold Logistics Services
  • YUSEN LOGISTICS CO LTD.
  • KERRY LOGISTICS NETWORK LIMITED
  • LifeConEx
  • AGRO Merchants Group
  • Kuehne+Nagel
  • DSV
  • SF Express
  • Panalpina World Transport (Holding) Ltd.
  • MARKEN.

The global Pharmaceutical Logistics Market is segmented as follows:

By Type

By Component

  • Storage
  • Transportation

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Escalating demand for over the counter medicines like vitamins, supplements, and minerals will open new vistas of growth for pharmaceutical logistics industry over the upcoming years. Need for fast track support for healthcare activities will change phase of market growth in the years ahead. Necessity of decreasing distribution costs through creation of single source distribution channel will enhance pharmaceutical logistics industry growth over forecast period. In addition to this, rapid inclination towards drugs along with surge in sales of pharmaceuticals will drive pharmaceutical logistics market trends. Moreover, increase in popularity of air freight logistics for intercontinental vaccine & medicine distribution will promulgate business growth over the forecast timeline.

According to Zion market research report, the global Pharmaceutical Logistics market accrued earnings worth approximately 72.2 (USD Billion) in 2019 and is predicted to gain revenue of about 125.67(USD Billion) by 2026, is set to record a CAGR of nearly 8.9% over the period from 2020 to 2026.

Europe will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is subject to rise in the trading activities concerning pharma products in European countries such as Norway, Germany, France, and the UK. Apparently, escalating popularity of drugs including OTC medicines will prompt regional industry surge over the assessment period.  Presence of key players in Europe is anticipated to steer regional market trends.

The key market participants include CEVA Logistics, AmerisourceBergen Corporation, Agility, C.H. Robinson Worldwide, Inc., Air Canada, FedEx, United Parcel Service of America, Inc., PCI Pharma Services, Stellar Value Chain Solutions Pvt. Ltd., Continental Cargo OÜ, VersaCold Logistics Services, YUSEN LOGISTICS CO, LTD., KERRY LOGISTICS NETWORK LIMITED, LifeConEx, AGRO Merchants Group, Kuehne+Nagel, DSV, SF Express, Panalpina World Transport (Holding) Ltd., and MARKEN.

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