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Biopharmaceutical Third-Party Logistics Triumphs in Market Share, with Accelerated CAGR and Key Trends Driving its Success by 2025
Biopharmaceutical Third-Party Logistics Triumphs in Market
What Is The Projected Market Size Of The Global Biopharmaceutical Third-Party Logistics Global Market Report 2025 And Its Growth Rate?
• The market size was $141.59 billion in 2024 and is expected to grow to $150.94 billion in 2025 at a CAGR of 6.6%.
• This growth is attributed to globalization of pharma supply chains, stringent regulatory requirements, and focus on cold chain logistics.
• Moreover, the market size is projected to reach $203.7 billion in 2029 at a CAGR of 7.8%, driven by personalized medicine growth, biologics and biosimilars expansion, supply chain digitalization, regulatory compliance complexity, and COVID-19 impact.
• Major trends in the forecast period include on-demand logistics solutions, sustainability in logistics, last-mile delivery solutions, pharma serialization and traceability, and autonomous logistics.
What Is Driving The Growth In The Biopharmaceutical Third-Party Logistics Global Market Report 2025?
The booming rise in outsourcing logistics is a major driver for the global biopharmaceutical third-party logistics market. Outsourcing logistics involves soliciting a third party to handle all or part of a company's logistical activities, such as outsourcing cryogenic supply chain management to logistics partners. According to the Bureau of Transportation Statistics, for-hire freight shipments rose 1.8% in December 2023 compared to December 2022, thereby positively influencing the biopharmaceutical third-party logistics market.
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Who Are the Key Players Driving Biopharmaceutical Third-Party Logistics Global Market Report 2025 Growth?
• McKesson Corporation
• AmerisourceBergen Corporation
• United Parcel Service of America Inc.
• FedEx Corporation
• DHL International GmbH
• Kuehne + Nagel International AG
• SF Express Co Ltd.
• DB Schenker
• CH Robinson Worldwide Inc.
• Nippon Express Group
• Expeditors International of Washington Inc.
• Sinotrans Limited
• XPO Logistics Inc.
• Kerry Logistics Network Limited
• Bollore Logistics
• Catalent Inc.
• Almac Group
• VersaCold Logistics Services
• Cryoport Inc.
• Agility Logistics Corp
• Fisher Clinical Services
• CEVA Logistics Inc.
• LifeScience Logistics
• Cold Chain Technologies LLC
• Langham Logistics
• Airpharm Logistics
• Express Courier International
• Bio Pharma Logistics
• PCI Pharma Services.
What Are The Key Trends In The Biopharmaceutical Third-Party Logistics Global Market Report 2025?
• On-demand logistics solutions
• Sustainability in logistics
• Last-mile delivery solutions
• Pharma serialization and traceability
• Autonomous logistics
What Are The Segments Of The Global Biopharmaceutical Third-Party Logistics Global Market Report 2025?
• By Supply Chain: Cold Chain, Non-Cold Chain
• By Service: Transportation, Warehousing And Storage, Other Services
• By End-User: Pharmaceutical And Biopharmaceutical Companies, Medical Device Companies, Hospitals And Clinics, Other End-Users
Which Region Leads The Biopharmaceutical Third-Party Logistics Global Market Report 2025?
North America held the largest market share in the biopharmaceutical third-party logistics market in 2024. However, the Asia Pacific is expected to be the top runner in growth during the forecast period. The report covers various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Biopharmaceutical Third-Party Logistics Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Biopharmaceutical Third-Party Logistics Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Biopharmaceutical Third-Party Logistics Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Biopharmaceutical Third-Party Logistics Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Biopharmaceutical Third-Party Logistics Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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