As per the report published by Allied Market Research, the global pharmaceutical logistics market was pegged at $66 billion in 2021, and is expected to reach $106.8 billion by 2031, growing at a CAGR of 5.1% from 2022 to 2031. The report provides an in-depth analysis of top segments, changing market trends, value chains, key investment pockets, competitive scenarios, and regional landscapes. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.
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On the basis of application, the bio pharma segment is expected to register the highest CAGR of 5.8% during the forecast period. However, the chemical pharma segment dominated the market in 2021, contributing to around two-fifths of the market.
Based on type, the non-cold chain segment held the largest share in 2021, accounting for more than two-thirds of the market. However, the cold chain segment is projected to showcase the highest CAGR of 5.8% during the forecast period.
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The global pharmaceutical logistics market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across Asia-Pacific held the largest share in 2021, accounting for around one-third of the market. In addition, the region is anticipated to portray the highest CAGR of 6.6% during the forecast period.
The market includes an in-depth analysis of the prime market players such as CEVA Logistics, Agility, CWT Ltd, CJ Century Logistics, DHL Supply Chain, DB Schenker, Keppel Logistics, Gemadept, Kuehne + Nagel, Kerry Logistics, Tiong Nam Logistics, Singapore Post, WHA Corp., YCH Group and Yusen Logistics.
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Similar Reports We Have on Logistics Industry:
Logistics Market Research Report 2017–2030
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Courier, Express, and Parcel (CEP) Market Research Report 2022-2030
Express Delivery Market Research Report 2022-2030
Same Day Delivery Market Research Report 2022-2030
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