Global Pharmaceutical Logistics Market

May 2020| VMR1200B| Verified Market Research

Report Highlights

Pharmaceutical Logistics Market Size And Forecast

The Global Pharmaceutical Logistics Market was valued at USD 101.91 Billion in 2018 and is projected to reach USD 209.83 Billion by 2026, growing at a CAGR of 9.67% from 2019 to 2026.

Global Pharmaceutical Logistics Market Outlook

Manufacturers these days are increasingly required to ship large volumes of pharmaceutical materials over long distances. These goods can be extremely sensitive and are valuable. Through the use of Pharmaceutical Logistics in medicine, constant refrigeration of the products from the time of its production, through its transportation, handling, and storage to its delivery is possible. The increase in the market for temperature-sensitive drugs and biological medical products as well as the growing awareness among pharmaceutical and logistics companies alike are leading to the growth of the scope for temperature-controlled pharmaceutical logistics, thereby benefitting the growth of the overall pharmaceutical logistics market.

Global Pharmaceutical Logistics Market, Segment Analysis

The Global Pharmaceutical Logistics Market is segmented on the basis of Type of Logistics, Procedures, Application, and Geography.

Global Pharmaceutical Logistics Market Competitive Landscape

The Global Pharmaceutical Logistics market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include DB Schenker (DB Group), FedEx, Deutsche Post DHL, United Parcel Service of America Inc. and Kerry Logistics among others. Deutsche Post DHL is one of the top five players in the Pharmaceutical Logistics market.

Global Pharmaceutical Logistics Market Outlook

Manufacturers these days are increasingly required to ship large volumes of pharmaceutical materials over long distances. These goods can be extremely sensitive and are valuable. Through the use of Pharmaceutical Logistics in medicine, constant refrigeration of the products from the time of its production, through its transportation, handling, and storage to its delivery is possible. The increase in the market for temperature-sensitive drugs and biological medical products as well as the growing awareness among pharmaceutical and logistics companies alike are leading to the growth of the scope for temperature-controlled pharmaceutical logistics, thereby benefitting the growth of the overall pharmaceutical logistics market.

Global Pharmaceutical Logistics Market, Segment Analysis

The Global Pharmaceutical Logistics Market is segmented on the basis of Type of Logistics, Procedures, Application, and Geography.

Global Pharmaceutical Logistics Market Competitive Landscape

The Global Pharmaceutical Logistics market is highly fragmented with the presence of a large number of manufacturers globally. Some of the major players include DB Schenker (DB Group), FedEx, Deutsche Post DHL, United Parcel Service of America Inc. and Kerry Logistics among others. Deutsche Post DHL is one of the top five players in the Pharmaceutical Logistics market.

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