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Pharmaceutical Logistics Market 2020-2026 Shows Strong Growth || Leading Players are AGRO Merchants Group; United Parcel Service of America Inc. DSV; VersaCold Logistics Services;
Global Pharmaceutical Logistics Market 2020
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Global pharmaceutical logistics market?is expected to rise to an estimated value of USD 98.19 billion by 2026, registering a steady CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the growing demand for more effective and efficient logistics service amid a rise in consumption of pharmaceutical products.
Few of the major competitors currently working in the global?pharmaceutical logistics market?are?Agility; Air Canada; PCI Pharma Services; Continental Cargo O?; CEVA Logistics; Schenker AG; Deutsche Post AG; FedEx; Kerry Logistics Network Limited; LifeConEx; Genco Shipping & Trading; AGRO Merchants Group; United Parcel Service of America, Inc.; DSV; VersaCold Logistics Services; AmerisourceBergen Corporation; KUEHNE + NAGEL; YUSEN LOGISTICS CO, LTD.; Stellar; SF Express; PANALPINA WORLD TRANSPORT (HOLDING) LTD. and C.H. Robinson Worldwide, Inc.
Market Definition: Global Pharmaceutical Logistics Market? :-
Pharmaceutical logistics?is a specialized branch of logistics services wherein service providers are focused on providing transporting, storage, proper handling and delivering the pharmaceutical products from the manufacturing location to the desired location. Pharmaceutical logistics require the services to be designated as per the regulations of products provided by the authorities.
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Segmentation: Global Pharmaceutical Logistics Market? :-
Pharmaceutical Logistics Market : By Type?
Cold Chain
Non Cold Chain
Pharmaceutical Logistics Market : By Service
Logistics
Procedures
Pharmaceutical Logistics Market : By Application
Chemical Pharma
Bio-Pharma
Specialized Pharma
Pharmaceutical Logistics Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Pharmaceutical Logistics Market Drivers :-
Increasing sales and consumption of pharmaceutical products which has been caused by an increased prevalence of chronic diseases; this factor is expected to drive the growth of the market
Need for decreasing the overall cost of logistics service by adopting a unified distribution service; this factor is expected to enhance the growth of the market
Enhanced verification and safety of services as it prevent counterfeit drugs being distributed through the supply chain; this factor is expected to flourish the growth of the market
Increased demand for specialized value-added services such as temperature-controlled, cold chain storage; this factor is expected to add on to the growth of the market
Pharmaceutical Logistics Market Restraints :-
Requirement of a coordinated and interlinked logistics services with complete anonymity in the supply chain of pharmaceuticals; this factor is expected to restrain the growth of the market
Requirement of complying with strict regulations that are varied according to the different regions of the world; this factor is expected to hinder the market growth
Competitive Analysis: Global Pharmaceutical Logistics Market? :-
Global pharmaceutical logistics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical logistics market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Report range-
The report offers Pharmaceutical Logistics Market share appraisals for regional and global levels
To gain detailed overview of parent market
Information about key drivers, restraints, opportunities, and their impact analysis on the Pharmaceutical Logistics Market size has been provided.
The study provides an in-depth analysis of the global Pharmaceutical Logistics Market and current & future trends to elucidate imminent investment pockets.
Identify growth segments and opportunities in the industry
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