Biopharmaceutical Logistic Trends and Forecast
The future of the global biopharmaceutical logistic market looks promising with opportunities in the pharmaceutical, biopharmaceutical, pharmacy, hospital, clinic, and supermarket markets. The global biopharmaceutical logistic market is expected to reach an estimated $129.2 billion by 2030 with a CAGR of 7.5% from 2024 to 2030. The major drivers for this market are rising number of precision medicines and gene therapies, growing demand for household healthcare items, and augmenting trend of outsourcing logistical operations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Biopharmaceutical Logistic by Segment
The study includes a forecast for the global biopharmaceutical logistic by product type, transport service type, end use, and region.
Biopharmaceutical Logistic Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Cold Chain Logistics
• Non-Cold Chain Logistic
Biopharmaceutical Logistic Market by Transport Service Type [Shipment Analysis by Value from 2018 to 2030]:
• Transportation
• Warehouse and Storage
Biopharmaceutical Logistic Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Pharmaceuticals
• Biopharmaceuticals
• Pharmacies
• Hospitals
• Clinics
• Supermarkets
• Others
Biopharmaceutical Logistic Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Biopharmaceutical Logistic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biopharmaceutical logistic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biopharmaceutical logistic companies profiled in this report include-
• Kuehne + Nagel
• C.H. Robinson
• United Parcel Service
• Deutsche Post DHL
• Panalpina World Transport
Biopharmaceutical Logistic Market Insights
Biopharmaceutical Logistic Market Insights
Lucintel forecasts that cold chain logistic is expected to witness the higher growth over the forecast period due to its increasing need for temperature-controlled products, necessitating precise temperature control logistics services to ensure the efficacy of the goods.
Within this market, pharmaceutical is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period due to expanding number of pharmaceuticals export and importation activity in the region.
Features of the Global Biopharmaceutical Logistic Market
Market Size Estimates: Biopharmaceutical logistic market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Biopharmaceutical logistic market size by product type, transport service type, end use, and region in terms of value ($B).
Regional Analysis: Biopharmaceutical logistic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, transport service types, end uses, and regions for the biopharmaceutical logistic market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the biopharmaceutical logistic market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the biopharmaceutical logistic market size?
Answer: The global biopharmaceutical logistic market is expected to reach an estimated $129.2 billion by 2030.
Q2. What is the growth forecast for biopharmaceutical logistic market?
Answer: The global biopharmaceutical logistic market is expected to grow with a CAGR of 7.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the biopharmaceutical logistic market?
Answer: The major drivers for this market are rising number of precision medicines and gene therapies, growing demand for household healthcare items, and augmenting trend of outsourcing logistical operations.
Q4. What are the major segments for biopharmaceutical logistic market?
Answer: The future of the biopharmaceutical logistic market looks promising with opportunities in the pharmaceutical, biopharmaceutical, pharmacy, hospital, clinic, and supermarket markets.
Q5. Who are the key biopharmaceutical logistic market companies?
Answer: Some of the key biopharmaceutical logistic companies are as follows:
• Kuehne + Nagel
• C.H. Robinson
• United Parcel Service
• Deutsche Post DHL
• Panalpina World Transport
Q6. Which biopharmaceutical logistic market segment will be the largest in future?
Answer: Lucintel forecasts that cold chain logistic is expected to witness the higher growth over the forecast period due to its increasing need for temperature-controlled products, necessitating precise temperature control logistics services to ensure the efficacy of the goods.
Q7. In biopharmaceutical logistic market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to expanding number of pharmaceuticals export and importation activity in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the biopharmaceutical logistic market by product type (cold chain logistics and non-cold chain logistic), transport service type (transportation and warehouse and storage), end use (pharmaceuticals, biopharmaceuticals, pharmacies, hospitals, clinics, supermarkets, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Biopharmaceutical Logistic Market, Biopharmaceutical Logistic Market Size, Biopharmaceutical Logistic Market Growth, Biopharmaceutical Logistic Market Analysis, Biopharmaceutical Logistic Market Report, Biopharmaceutical Logistic Market Share, Biopharmaceutical Logistic Market Trends, Biopharmaceutical Logistic Market Forecast, Biopharmaceutical Logistic Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.