1h Free Analyst Time
The Pharmaceutical Logistics Market grew from USD 69.68 billion in 2023 to USD 73.12 billion in 2024. It is expected to continue growing at a CAGR of 5.28%, reaching USD 99.94 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
The scope of pharmaceutical logistics encompasses the planning, implementation, and control of the movement and storage of health products from manufacturer to end-user, ensuring efficacy, safety, and compliance with regulations. Its necessity is underscored by the critical role it plays in ensuring the timely and safe delivery of life-saving medications and vaccines, which directly impacts public health outcomes. Applications range from temperature-controlled transport to secure storage and inventory management, with end-use spanning hospitals, pharmacies, and healthcare providers globally. Key growth factors include advancements in cold chain logistics, increasing demand for biologics, and the adoption of IoT and AI technologies for real-time monitoring and analytics. Potential opportunities lie in enhancing last-mile delivery efficiency through automation and drone technology, investing in green logistics to meet sustainability goals, and expanding in emerging markets with growing healthcare infrastructure needs. However, the market faces challenges such as stringent regulatory requirements, high operational costs, and vulnerabilities to disruptions like pandemics or geopolitical tensions. Innovating within this space could involve the development of blockchain solutions for better traceability and security, advanced predictive analytics for demand forecasting, and smart packaging to maintain product integrity. The nature of the market is dynamic, characterized by rapid technological advancements and evolving regulatory landscapes, necessitating agility and continuous innovation for sustained growth. Companies should focus on establishing strategic partnerships, investing in cutting-edge technology, and adhering to global best practices to overcome limitations. By leveraging these insights, businesses can position themselves to capitalize on burgeoning trends and ensure resilience against potential disruptions, facilitating improved healthcare delivery through robust and efficient pharmaceutical logistics systems.
Understanding Market Dynamics in the Pharmaceutical Logistics Market
The Pharmaceutical Logistics Market is rapidly evolving, shaped by dynamic supply and demand trends. These insights provide companies with actionable intelligence to drive investments, develop strategies, and seize emerging opportunities. A comprehensive understanding of market dynamics also helps organizations mitigate political, geographical, technical, social, and economic risks while offering a clearer view of consumer behavior and its effects on manufacturing costs and purchasing decisions.- Market Drivers
- Growing Demand for the Temperature Controlled Logistics
- Potential Need for the Outsourcing of Pharmaceutical Logistic Process
- Increase in Global Demand for Vaccines and Drugs
- Market Restraints
- Concerns Associated with Complex Process and Inefficient Product Labeling
- Market Opportunities
- Integration of Advanced Technologies in Pharmaceutical Logistics
- Ongoing Investments and Expansion of the Pharma Industry
- Market Challenges
- Stringent Government Regulations for Pharmaceutical Logistics
Exploring Porter’s Five Forces for the Pharmaceutical Logistics Market
Porter’s Five Forces framework further strengthens the insights of the Pharmaceutical Logistics Market, delivering a clear and effective methodology for understanding the competitive landscape. This tool enables companies to evaluate their current competitive standing and explore strategic repositioning by assessing businesses’ power dynamics and market positioning. It is also instrumental in determining the profitability of new ventures, helping companies leverage their strengths, address weaknesses, and avoid potential pitfalls.Applying PESTLE Analysis to the Pharmaceutical Logistics Market
External macro-environmental factors deeply influence the performance of the Pharmaceutical Logistics Market, and the PESTLE analysis provides a comprehensive framework for understanding these influences. By examining Political, Economic, Social, Technological, Legal, and Environmental elements, this analysis offers organizations critical insights into potential opportunities and risks. It also helps businesses anticipate changes in regulations, consumer behavior, and economic trends, enabling them to make informed, forward-looking decisions.Analyzing Market Share in the Pharmaceutical Logistics Market
The Pharmaceutical Logistics Market share analysis evaluates vendor performance. This analysis provides a clear view of each vendor’s standing in the competitive landscape by comparing key metrics such as revenue, customer base, and other critical factors. Additionally, it highlights market concentration, fragmentation, and trends in consolidation, empowering vendors to make strategic decisions that enhance their market position.Evaluating Vendor Success with the FPNV Positioning Matrix in the Pharmaceutical Logistics Market
The Pharmaceutical Logistics Market FPNV Positioning Matrix is crucial in evaluating vendors based on business strategy and product satisfaction levels. By segmenting vendors into four quadrants - Forefront (F), Pathfinder (P), Niche (N), and Vital (V) - this matrix helps users make well-informed decisions that best align with their unique needs and objectives in the market.Key Company Profiles
The report delves into recent significant developments in the Pharmaceutical Logistics Market, highlighting leading vendors and their innovative profiles. These include DSV A/S, A.P. Møller - Mærsk A/S, YUSEN LOGISTICS CO., LTD., DHL International GmbH by Deutsche Post AG, AmerisourceBergen Corporation, Nippon Express Co., Ltd., Lineage, Inc., ICON PLC, Lonza Group Ltd., C.H. Robinson Worldwide, Inc., Parexel International Corporation, Almac Group, United Parcel Service of America, Inc., Clinigen Group PLC, AIT Worldwide Logistics, Inc., FedEx Corporation, Crown LSP Group, NextPharma Logistics GmbH, Kuehne + Nagel International AG, Thermo Fisher Scientific, Inc., Kerry Logistics Network Limited, Air Canada, Bilcare Limited, Infosys Limited, Movianto Group, AWL India Private Limited, Catalent, Inc., SEKO Logistics, SF Express Co., Ltd., and CEVA Logistics.Market Segmentation & Coverage
This research report categorizes the Pharmaceutical Logistics Market to forecast the revenues and analyze trends in each of the following sub-markets:- Mode of Transportation
- Air Shipping
- Rail Shipping
- Road Shipping
- Sea Shipping
- Product
- Biologic & Biosimilar
- Branded Drugs
- Generic Drugs
- Transport
- Cold-chain Transport
- Non Cold-chain Transport
- Drug Supply Stage
- In-house
- Outsourced
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report provides a detailed overview of the market, exploring several key areas:
- Market Penetration: A thorough examination of the current market landscape, featuring comprehensive data from leading industry players and analyzing their reach and influence across the market.
- Market Development: The report identifies significant growth opportunities in emerging markets and assesses expansion potential within established segments, providing a roadmap for future development.
- Market Diversification: In-depth coverage of recent product launches, untapped geographic regions, significant industry developments, and strategic investments reshaping the market landscape.
- Competitive Assessment & Intelligence: A detailed analysis of the competitive landscape, covering market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, technological advancements, and innovations in manufacturing by key market players.
- Product Development & Innovation: Insight into groundbreaking technologies, R&D efforts, and product innovations that will drive the market in future.
Additionally, the report addresses key questions to assist stakeholders in making informed decisions:
- What is the current size of the market, and how is it expected to grow?
- Which products, segments, and regions present the most attractive investment opportunities?
- What are the prevailing technology trends and regulatory factors influencing the market?
- How do top vendors rank regarding market share and competitive positioning?
- What revenue sources and strategic opportunities guide vendors' market entry or exit decisions?
Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Pharmaceutical Logistics Market, by Mode of Transportation
7. Pharmaceutical Logistics Market, by Product
8. Pharmaceutical Logistics Market, by Transport
9. Pharmaceutical Logistics Market, by Drug Supply Stage
10. Americas Pharmaceutical Logistics Market
11. Asia-Pacific Pharmaceutical Logistics Market
12. Europe, Middle East & Africa Pharmaceutical Logistics Market
13. Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
The leading players in the Pharmaceutical Logistics market, which are profiled in this report, include:- DSV A/S
- A.P. Møller – Mærsk A/S
- YUSEN LOGISTICS CO., LTD.
- DHL International GmbH by Deutsche Post AG
- AmerisourceBergen Corporation
- Nippon Express Co., Ltd.
- Lineage, Inc.
- ICON PLC
- Lonza Group Ltd.
- C.H. Robinson Worldwide, Inc.
- Parexel International Corporation
- Almac Group
- United Parcel Service of America, Inc.
- Clinigen Group PLC
- AIT Worldwide Logistics, Inc.
- FedEx Corporation
- Crown LSP Group
- NextPharma Logistics GmbH
- Kuehne + Nagel International AG
- Thermo Fisher Scientific, Inc.
- Kerry Logistics Network Limited
- Air Canada
- Bilcare Limited
- Infosys Limited
- Movianto Group
- AWL India Private Limited
- Catalent, Inc.
- SEKO Logistics
- SF Express Co., Ltd.
- CEVA Logistics
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | October 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 73.12 Billion |
| Forecasted Market Value ( USD | $ 99.94 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
