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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Pharmaceutical Logistics Market Size
The global pharmaceutical logistics market size was valued at USD 300.78 billion in 2023, driven by the increasing dependency on cutting-edge technologies to optimize the delivery process across the globe. The market size is anticipated to grow at a CAGR of 8.40% during the forecast period of 2024-2032 to achieve a value of USD 621.4 billion by 2032.
Pharmaceutical Logistics Market Report Snapshots
Pharmaceutical Logistics Market Size
Pharmaceutical Logistics Market Analysis
Pharmaceutical Logistics Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 300.78 billion in 2023, driven by the increased advancement.
The market is anticipated to grow at a CAGR of 8.40% during the forecast period of 2024-2032, likely to reach a market value of USD 621.4 billion by 2032.
The market growth is driven by factors such as the expanded adoption of advanced technologies within pharmaceutical logistics systems globally.
The increased integration of advanced technologies to optimize supply chain operations in pharmaceutical logistics is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
Two types of pharmaceutical logistics are cold chain logistics and non-cold chain logistics.
Components of pharmaceutical logistics include storage, transportation, and monitoring components.
Key players involved in the market are Agility, Air Canada, CEVA Logistics, DB Schenker, Deutsche Post AG, FedEx, LifeConEx, Marken, United Parcel Service of America, Inc., VersaCold Logistics Services, FulfillmentHubUSA, Kuehne+Nagel, DHL International GmbH, American Airlines Inc., and Prompt Brazil Logistics.
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