Dublin, Aug. 16, 2023 (GLOBE NEWSWIRE) -- The "Global Pharmaceutical Logistics Market by Mode of Transportation, Product, Transport, Drug Supply Stage - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Pharmaceutical Logistics Market is anticipated to grow substantially, with an estimated value of USD 66.54 billion in 2022 and USD 69.68 billion in 2023. It is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5.21%, eventually reaching USD 99.94 billion by 2030.
The report highlights the significant long-term effects of the Cumulative Impact of COVID-19, Russia-Ukraine Conflict, and High Inflation on the Global Pharmaceutical Logistics Market. Meticulous research considers changes in consumer behavior, supply chain disruptions, and government interventions triggered by the COVID-19 pandemic.
The ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict is also thoroughly analyzed. The report assesses potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the impact of High Inflation on the global economy is addressed, including fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.
Market Segmentation & Coverage:
The research report categorizes the Global Pharmaceutical Logistics Market to forecast revenues and analyze trends in the following sub-markets:
- Mode of Transportation: Air Shipping, Rail Shipping, Road Shipping, and Sea Shipping. The Road Shipping segment commanded the largest market share of 36.04% in 2022, followed by Sea Shipping.
- Product: Biologic & Biosimilar, Branded Drugs, and Generic Drugs. The Branded Drugs segment commanded the largest market share of 41.62% in 2022, followed by Biologic & Biosimilar.
- Transport: Cold-chain Transport and Non Cold-chain Transport. The Non Cold-chain Transport segment commanded the largest market share of 58.27% in 2022, followed by Cold-chain Transport.
- Drug Supply Stage: In-house and Outsourced. The Outsourced segment commanded the largest market share of 80.24% in 2022, followed by In-house.
- Region: Americas, Asia-Pacific, and Europe, Middle East & Africa. Europe, Middle East & Africa commanded the largest market share of 42.63% in 2022, followed by the Americas.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the market offered by the key players.
- Market Development: In-depth information about lucrative emerging markets and analysis of penetration across mature segments of the markets.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Market Trends: Comprehensive understanding of the Cumulative Impact of COVID-19, Russia-Ukraine Conflict, and High Inflation.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report answers questions such as:
- What is the market size and forecast of the Global Pharmaceutical Logistics Market?
- What are the inhibiting factors and impact of COVID-19 shaping the Global Pharmaceutical Logistics Market during the forecast period?
- Which are the products/segments/applications/areas to invest in over the forecast period in the Global Pharmaceutical Logistics Market?
- What is the competitive strategic window for opportunities in the Global Pharmaceutical Logistics Market?
- What are the technology trends and regulatory frameworks in the Global Pharmaceutical Logistics Market?
- What is the market share of the leading vendors in the Global Pharmaceutical Logistics Market?
- What modes and strategic moves are considered suitable for entering the Global Pharmaceutical Logistics Market?
Market Dynamics:
Drivers:
- Growing Demand for Temperature Controlled Logistics
- Potential Need for the Outsourcing of Pharmaceutical Logistic Process
- Increase in Global Demand for Vaccines and Drugs
Restraints:
- Concerns Associated with Complex Process and Inefficient Product Labeling
Opportunities:
- Integration of Advanced Technologies in Pharmaceutical Logistics
- Ongoing Investments and Expansion of the Pharma Industry
Challenges:
- Stringent Government Regulations for Pharmaceutical Logistics
Companies Mentioned
- Air Canada
- Almac Group
- AmerisourceBergen Corporation
- Bilcare Limited
- C.H. Robinson Worldwide, Inc.
- Catalent, Inc.
- CEVA Logistics
- Clinigen Group PLC
- DHL International GmbH by Deutsche Post AG
- DSV A/S
- FedEx Corporation
- ICON PLC
- Infosys Limited
- Kerry Logistics Network Limited
- Kuehne + Nagel International AG
- Lonza Group Ltd.
- Nippon Express Co., Ltd.
- Parexel International Corporation
- SF Express Co., Ltd.
- Thermo Fisher Scientific, Inc.
- United Parcel Service of America, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/aiptip
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