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Global Pharmaceutical Logistics Market to Witness High Growth in Near Future | Agility; Air Canada; PCI Pharma Services; Continental Cargo OU; CEVA Logistics; Schenker AG

07-24-2021 08:22 PM CET | Health & Medicine

Press release from: Data Bridge Market Research

Global Pharmaceutical Logistics Market 

Global Pharmaceutical Logistics Market 

Pharmaceutical Logistics Market research report performs the methodical and comprehensive market research study that puts forth the facts and figures linked with any subject about ABC industry. It all-inclusively estimates general market conditions, the growth prospects in the market, possible restrictions, significant industry trends, market size, market share, sales volume and future trends. A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work painstakingly to structure such a great market report for the businesses seeking a potential growth. A worldwide Pharmaceutical Logistics Market analysis report is generated with the best and advanced tools of collecting, recording, estimating, and analyzing market data.

Major insights of the realistic Pharmaceutical Logistics Market report are complete and distinct analysis of the market drivers and restraints, major market players involved like Healthcare industry, detailed analysis of the market segmentation and competitive analysis of the key players involved. Market segmentation categorizes the market depending upon application, vertical, deployment model, end-user, and geography etc. This global market document also presents an idea about consumer’s demands, preferences, and their altering likings about particular product. Furthermore, big sample sizes have been utilized for the data collection in the winning Pharmaceutical Logistics Market report which suits the necessities of small, medium, as well as large size of businesses.

Market Analysis: Global Pharmaceutical Logistics Market 

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.

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Key Market Competitors: 

Agility; Air Canada; PCI Pharma Services; Continental Cargo OU; 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.

Global Pharmaceutical Logistics Market By Type (Cold Chain, Non Cold Chain), Service (Logistics, Procedures), Application (Chemical Pharma, Bio-Pharma, Specialized Pharma), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

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.

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.

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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

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

Segmentation: Global Pharmaceutical Logistics Market 

By Type 

Cold Chain
Non Cold Chain

By Service

Logistics
Sea Freight
Airfreight
Rail Freight
Overland
Integrated
Procedures
Picking
Storage
Retrieval Systems
Handling Systems

By Application

Chemical Pharma
Bio-Pharma
Specialized Pharma

For More Insights Get Detailed TOC @https://www.databridgemarketresearch.com/toc/?dbmr=global-pharmaceutical-logistics-market&pm

Key Developments in the Market:

In April 2019, Stellar announced that they had acquired Patel Roadways through their business operations unit Innovative Logistics Services Pvt. Ltd. in an all-cash transaction. This acquisition expands the on-road capabilities of Stellar as they will be able to provide logistical services to more than 350 branches across the Indian region, as they look to expand their fleet of trucks and service offerings especially value-added services.
In November 2016, United Parcel Service of America, Inc. (UPS) announced that they had agreed to acquire Marken. This acquisition will further expand the logistics services provided by UPS especially for pharmaceutical, life sciences and healthcare industries. Marken will begin operating as a subsidiary of UPS. This acquisition will help in the expansion of logistics facilities for healthcare and clinical trials in compliance with the regulations provided by authorities.

Reasons to Purchase this Report

Current and future of global pharmaceutical logistics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Contact:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

Corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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