The global pharmaceutical logistics market size was valued at USD 300.78 billion in 2023, driven by the increasing dependency on cutting-edge technologies to optimize the delivery process across the globe. The market size is anticipated to grow at a CAGR of 8.40% during the forecast period of 2024-2032 to achieve a value of USD 621.4 billion by 2032.
Pharma logistics is a complex system in which the management of pharmaceutical drugs and other elements is performed. This ever-evolving system included managing, moving, and storing drugs and pharmaceuticals. Pharmaceutical logistics is an essential part of the pharma growth supply chain. The pharma logistics system makes sure that medications are securely transported in a safe and timely manner while ensuring the highest product integrity. Handling, storage, and security protocols are stringently followed to ensure the medicine delivery is in the same condition as and when it leaves the warehouse.
The market growth is driven by increasing trade in the pharmaceutical sector globally. The stringent regulatory requirements emphasizing safe and secure transportation, and the growing demand for temperature-sensitive pharmaceuticals are also contributing to the pharmaceutical logistics market share. Additionally, advancements in technology, such as track-and-trace systems and cold chain solutions, contribute to the robust growth of the market.
The increased integration of advanced technologies in the market can be exemplified by the increased dependency on innovative technologies to optimize supply chain operations. Pharmaceutic companies are increasingly embracing advanced technologies such as blockchain, artificial intelligence, machine learning, and the Internet of Things (IoT) to enhance transparency and traceability within their supply chains, ensuring the delivery of high-quality products. This digital transformation represents a significant paradigm shift in the pharmaceutical sector, emphasizing the importance of technological integration for efficiency and product integrity.
Recent developments in the market include GEODIS's acquisition of Trans-o-flex, a leading German network specializing in temperature-controlled pharmaceutical goods and premium express delivery. This strategic move positions GEODIS as a major player in the healthcare market, bolstering its delivery capabilities across Europe and further bolstering the global pharmaceutical logistics market growth. Similarly, CEVA Logistics finalized its acquisition of Stellar Value Chain, acquiring a 96% stake in the Mumbai-based warehousing and transportation specialists. This acquisition not only strengthens CEVA's presence in India but also enables the provision of comprehensive supply chain services to customers throughout the Asia Pacific region and beyond, boosting the strength of the market.
The increasing demand for third-party logistics (3PL) and warehouses reflects the evolving landscape of consumer behavior and logistics trends. As pharmaceutical companies continue to prioritize technological advancements and strategic acquisitions, the pharmaceutical logistics market demand is likely to witness further growth in the forecast period, with a focus on ensuring integrity.
Market Breakup by Type
Market Breakup by Components
Market Breakup by Region
The market is poised to witness substantial growth in the coming years owing to the widespread adoption of advanced technologies within pharmaceutical logistics systems. This substantial market trajectory is further propelled by the escalating reliability and necessity of such logistics services, with key market players increasingly depending on these facilities to meet the growing demand. The market encompasses two primary types of services: cold-chain logistics and non-cold-chain logistics. The two categories serve different services to the diverse needs of the pharmaceutical sector, ensuring the secure transportation of both temperature-sensitive and regular pharmaceutical products.
Geographically, North America is significantly dominating the regional market, and this dominance is expected to grow in the forecast period, driven by the increased adaptation of technologically advanced systems to reinforce pharmaceutical logistics. The continuous evolution of logistics processes and the integration of innovative solutions contribute to the robust growth of the market in the region. With an increasing demand for efficient and reliable pharmaceutical logistics services globally, the market is expected to expand, supported by these advancements. The combination of technology, logistics, and pharmaceuticals emphasizes a market expansion, creating opportunities for stakeholders across the pharmaceutical logistics market.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
Please note that this only represents a partial list of companies, and the complete list has been provided in the report.
|Scope of the Report
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Type
|Breakup by Components
|Breakup by Region
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Pharmaceutical Logistics Market Overview
3.1 Global Pharmaceutical Logistics Market Historical Value (2017-2023)
3.2 Global Pharmaceutical Logistics Market Forecast Value (2024-2032)
4 Global Pharmaceutical Logistics Market Landscape
4.1 Global Pharmaceutical Logistics Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Pharmaceutical Logistics Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Technology
5 Global Pharmaceutical Logistics Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Pharmaceutical Logistics Market Segmentation
6.1 Global Pharmaceutical Logistics Market by Type
6.1.1 Market Overview
6.1.2 Cold Chain Logistics
6.1.3 Non-cold Chain Logistics
6.2 Global Pharmaceutical Logistics Market by Components
6.2.1 Market Overview
6.2.4 Monitoring Components
6.3 Global Pharmaceutical Logistics Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America Pharmaceutical Logistics Market
7.1 Market Share by Country
7.2 United States of America
8 Europe Pharmaceutical Logistics Market
8.1 Market Share by Country
8.2 United Kingdom
9 Asia Pacific Pharmaceutical Logistics Market
9.1 Market Share by Country
10 Latin America Pharmaceutical Logistics Market
10.1 Market Share by Country
11 Middle East and Africa Pharmaceutical Logistics Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.5 South Africa
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Clinical Trials Analysis
14.1 Analysis by Trial Registration Year
14.2 Analysis by Trial Status
14.3 Analysis by Trial Phase
14.4 Analysis by Therapeutic Area
14.5 Analysis by Geography
15 Funding Analysis
15.1 Analysis by Funding Instances
15.2 Analysis by Type of Funding
15.3 Analysis by Funding Amount
15.4 Analysis by Leading Players
15.5 Analysis by Leading Investors
15.6 Analysis by Geography
16 Partnership and Collaborations Analysis
16.1 Analysis by Partnership Instances
16.2 Analysis by Type of Partnership
16.3 Analysis by Leading Players
16.4 Analysis by Geography
17 Supplier Landscape
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisition
17.2 Air Canada
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisition
17.3 CEVA Logistics
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisition
17.4 DB Schenker
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisition
17.5 Deutsche Post AG
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisition
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisition
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisition
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisition
17.9 United Parcel Service of America, Inc.
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisition
17.10 VersaCold Logistics Services
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisition
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisition
17.12 Prompt Brazil Logistics
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisition
17.13.1 Financial Analysis
17.13.2 Product Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisition
17.14 DHL International GmbH
17.14.1 Financial Analysis
17.14.2 Product Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisition
17.15 American Airlines Inc.
17.15.1 Financial Analysis
17.15.2 Product Portfolio
17.15.3 Demographic Reach and Achievements
17.15.4 Mergers and Acquisition
18 Global Pharmaceutical Logistics Market - Distribution Model (Additional Insight)
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
*Additional insights provided are customisable as per client requirements.
The market attained a value of about USD 300.78 billion in 2023, driven by the increased advancement.
The market is anticipated to grow at a CAGR of 8.40% during the forecast period of 2024-2032, likely to reach a market value of USD 621.4 billion by 2032.
The market growth is driven by factors such as the expanded adoption of advanced technologies within pharmaceutical logistics systems globally.
The increased integration of advanced technologies to optimize supply chain operations in pharmaceutical logistics is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Two types of pharmaceutical logistics are cold chain logistics and non-cold chain logistics.
Components of pharmaceutical logistics include storage, transportation, and monitoring components.
Key players involved in the market are Agility, Air Canada, CEVA Logistics, DB Schenker, Deutsche Post AG, FedEx, LifeConEx, Marken, United Parcel Service of America, Inc., VersaCold Logistics Services, FulfillmentHubUSA, Kuehne+Nagel, DHL International GmbH, American Airlines Inc., and Prompt Brazil Logistics.
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