Pharmaceutical Logistics Market Size, Share & Trends Report

Pharmaceutical Logistics Market Size, Share & Trends Analysis Report By Type (Cold Chain Logistics, Non-cold Chain Logistics), By Component (Storage, Transportation, Monitoring Components), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-2-68038-829-9
  • Number of Pages: 115
  • Format: Electronic (PDF)
  • Historical Range: 2018 - 2021
  • Industry: Technology

Market Segmentation

  • Pharmaceutical Logistics Type Outlook (Revenue, USD Billion, 2017 - 2030)
    • Cold Chain Logistics
    • Non-Cold Chain Logistics
  • Pharmaceutical Logistics Component Outlook (Revenue, USD Billion, 2017 - 2030)
    • Storage
      • Warehouse
      • Refrigerated Container
    • Transportation
      • Sea freight Logistics
      • Airfreight Logistics
      • Overland Logistics
    • Monitoring components
      • Hardware
        • Sensors
        • RFID Devices
        • Telematics
        • Networking Devices
      • Software
  • Pharmaceutical Logistics Regional Outlook (Revenue, USD Billion, 2017 - 2030)
    • North America
      • North America Pharmaceutical Logistics Market, By Type
        • Cold Chain Logistics
        • Non-Cold Chain Logistics
      • North America Pharmaceutical Logistics Market, By Component
        • Storage
          • Warehouse
          • Refrigerated Container
        • Transportation
          • Sea freight Logistics
          • Airfreight Logistics
          • Overland Logistics
        • Monitoring components
          • Hardware
            • Sensors
            • RFID Devices
            • Telematics
            • Networking Devices
          • Software
      • U.S.
        • U.S. Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • U.S. Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
      • Canada
        • Canada Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • Canada Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
      • Mexico
        • Mexico Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • Mexico Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
    • Europe
      • Europe Pharmaceutical Logistics Market, By Type
        • Cold Chain Logistics
        • Non-Cold Chain Logistics
      • Europe Pharmaceutical Logistics Market, By Component
        • Storage
          • Warehouse
          • Refrigerated Container
        • Transportation
          • Sea freight Logistics
          • Airfreight Logistics
          • Overland Logistics
        • Monitoring components
          • Hardware
            • Sensors
            • RFID Devices
            • Telematics
            • Networking Devices
          • Software
      • U.K.
        • U.K. Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • U.K. Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
      • Germany
        • Germany Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • Germany Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
      • France
        • France Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • France Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
    • Asia Pacific
      • Asia Pacific Pharmaceutical Logistics Market, By Type
        • Cold Chain Logistics
        • Non-Cold Chain Logistics
      • Asia Pacific Pharmaceutical Logistics Market, By Component
        • Storage
          • Warehouse
          • Refrigerated Container
        • Transportation
          • Sea freight Logistics
          • Airfreight Logistics
          • Overland Logistics
        • Monitoring components
          • Hardware
            • Sensors
            • RFID Devices
            • Telematics
            • Networking Devices
          • Software
      • China
        • China Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • China Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
      • India
        • India Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • India Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
      • Japan
        • Japan Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • Japan Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
    • South America
      • South America Pharmaceutical Logistics Market, By Type
        • Cold Chain Logistics
        • Non-Cold Chain Logistics
      • South America Pharmaceutical Logistics Market, By Component
        • Storage
          • Warehouse
          • Refrigerated Container
        • Transportation
          • Sea freight Logistics
          • Airfreight Logistics
          • Overland Logistics
        • Monitoring components
          • Hardware
            • Sensors
            • RFID Devices
            • Telematics
            • Networking Devices
          • Software
      • Brazil
        • Brazil Pharmaceutical Logistics Market, By Type
          • Cold Chain Logistics
          • Non-Cold Chain Logistics
        • Brazil Pharmaceutical Logistics Market, By Component
          • Storage
            • Warehouse
            • Refrigerated Container
          • Transportation
            • Sea freight Logistics
            • Airfreight Logistics
            • Overland Logistics
          • Monitoring components
            • Hardware
              • Sensors
              • RFID Devices
              • Telematics
              • Networking Devices
            • Software
    • Middle East & Africa (MEA)
      • Middle East & Africa Pharmaceutical Logistics Market, By Type
        • Cold Chain Logistics
        • Non-Cold Chain Logistics
      • Middle East & Africa Pharmaceutical Logistics Market, By Component
        • Storage
          • Warehouse
          • Refrigerated Container
        • Transportation
          • Sea freight Logistics
          • Airfreight Logistics
          • Overland Logistics
        • Monitoring components
          • Hardware
            • Sensors
            • RFID Devices
            • Telematics
            • Networking Devices
          • Software

Pharmaceutical Logistics Market Dynamics

Drivers: Robust Demand For Pharmaceutical Logistics Amid The Covid-19 Pandemic Globally

The COVID-19 pandemic has caused worldwide disruptions, affecting both individuals and businesses, with a notable impact on the pharmaceutical industry. The industry has faced challenges from both the demand and supply perspectives. On the supply side, the production of pharmaceutical drugs and the provision of raw materials have been negatively impacted. This is due to the strict lockdowns enforced by governments around the world, which have also led to restrictions on cross-border trade in key countries like China, India, the U.S., and others. In response to the rapid global spread of the virus, the U.S. Food and Drug Administration (FDA) and governments in countries like India, UK, France, Italy, Brazil, and others initially approved the use of certain medicines, such as Hydroxychloroquine and Paracetamol, for treating COVID-19. This necessitated strong logistics systems to transport these medicines between countries, in compliance with local government regulations. The unprecedented spread of the virus also led to a significant increase in demand for medical supplies, such as personal protective equipment (PPE) and other medical kits. This, in turn, fueled the demand for global pharmaceutical logistics services. The pandemic has prompted key pharmaceutical companies and vaccine producers to invest heavily in research and trials to develop effective vaccines. More than 60 companies worldwide have been conducting clinical trials for COVID-19 vaccines. A few vaccines, such as Sputnik V, Covishield, Covaxin, and mRNA, have been approved for emergency use in key countries like India, Russia, the UK, and the U.S., among others. Following the approval of these vaccines, vaccine producers have been actively seeking to distribute these vaccines both domestically and internationally. This has positively impacted the demand for pharma logistics services. The anticipated development of other large-scale vaccines is expected to sustain the demand for pharma logistics in the future.

Mounting Demand For Over The Counter (OTC) Medicines

Over-the-counter (OTC) drugs, which are medicines that can be bought without a prescription, are known for their effectiveness and safety when used as per the instructions on their labels. These drugs are commonly used to treat conditions like fever, sore throat, diarrhea, cough, cold, minor aches and pains, and allergies, among others. In addition, many lifestyle drugs that cater to the needs of the modern individual in terms of age, beauty, intelligence, and personality are also OTC products. The demand for OTC drugs is projected to see substantial growth, particularly in emerging countries such as China, India, Brazil, and South Africa. This growth is attributed to a combination of factors including a rapidly growing population, an increasing prevalence of diseases and infections, a higher propensity for self-medication among the population, and the easy availability of OTC drugs through pharmacies and retail outlets. For example, according to a 2020 analysis by GVR, India’s OTC drugs market is expected to grow at a compound annual growth rate (CAGR) of more than 9% over the next seven years, surpassing a market value of USD 7 billion by 2027. As a result, the rapidly growing consumption of OTC drugs among consumers is expected to drive demand for transportation and logistics services during the forecast period. In developed countries like the U.S., OTC drugs are a staple in nearly every medicine store, serving as a first-line treatment for consumers with minor illnesses. Research conducted by the Consumer Healthcare Products Association (CHPA) shows that consumers in the U.S. spend more than USD 40 billion on OTC products each year. It has also been observed that OTC drugs in the U.S. save nearly USD 25 billion compared to prescription medicines. In 2018, large retailers such as Walmart partnered with Anthem, a health insurance provider, to help enrolled individuals utilize their OTC plan allowances for the purchase of OTC items at Walmart.com and Walmart stores.

Restrains: Stringent Government Regulations On Good Distribution Practices (GDP)

Distribution plays a crucial role in the supply chain management of pharmaceutical products. Companies in the pharma logistics market are required to adhere to strict regulations to ensure the quality and safety of the pharmaceutical products. Risks such as batch mix-ups and contamination or cross-contamination of drugs during transport exist. To mitigate these risks, logistics companies must comply with guidelines related to Good Distribution Practices (GDP). Several organizations, including the World Health Organisation (WHO), European Union (EU), and Food & Drug Administration (FDA), have established GDP regulations and other local and regional provisions. These are designed to ensure the safety and integrity of drugs during distribution and logistics. The primary aim of these regulations is to ensure that pharmaceutical goods are consistently stored, shipped, and marketed under appropriate conditions. This helps maintain their reliability and ensures patient safety. GDP guarantees product safety and ensures that the same quality and quantity are delivered during supply chain operations. Managing the quality of drugs during transport can be challenging due to their specific storage conditions and limited shelf life. Different forms of medicine, such as tablets, injectables, and syrups, need to be stored and transported under different environmental conditions, as not all medicines can be handled with general compliance. Under GDP guidelines, individuals and outlets involved in any aspect of the storage and distribution of pharmaceutical products must undergo several processes. For GDP compliance, the warehouse facility and the route must be validated and documented. Each time goods are transported from the factory to the warehouse, a sample must be removed and tested in the laboratory before the entire batch is dispatched.

What Does This Report Include?

This section will provide insights into the contents included in this pharmaceutical logistics market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Pharmaceutical logistics market qualitative analysis

  • Industry overview

  • Industry trends

  • Market drivers and restraints

  • Market size

  • Growth prospects

  • Porter’s analysis

  • PESTEL analysis

  • Key market opportunities prioritized

  • Competitive landscape

    • Company overview

    • Financial performance

    • Product benchmarking

    • Latest strategic developments

Pharmaceutical logistics market quantitative analysis

  • Market size, estimates, and forecast from 2017 to 2030

  • Market estimates and forecast for product segments up to 2030

  • Regional market size and forecast for product segments up to 2030

  • Market estimates and forecast for application segments up to 2030

  • Regional market size and forecast for application segments up to 2030

  • Company financial performance

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