Report ID: SQMIG35I2336
Pharmaceutical Logistics Market Size, Share, Growth Analysis, By Type(Cold chain logistics, non-cold chain logistics), By Component(Storage, transportation, monitoring), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35I2336 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
Pharmaceutical Logistics Market Regional Insights
Europe had a market share of more than 36.0% in 2021 and is expected to grow at a significant rate from 2022 to 2030. The significant growth in pharmaceutical product trades across key European countries is responsible for the high market share. These countries primarily include Germany, the United Kingdom, France, the Nordic countries, and others. Furthermore, growing domestic production and demand for several categories of pharma products, such as OTC medicines, has aided the market in gaining a sizable market share.
Attributed to rapid economic growth in emerging countries such as China and India, the Asia Pacific region is expected to be the fastest-growing region. The Asia Pacific pharmaceutical logistics market is expected to grow due to the high demand for OTC medicines among a large population. Furthermore, the pharmaceutical industry is experiencing a geographic shift in terms of production and sales locations. Market participants are discovering lucrative opportunities in developing economies in Asia Pacific, which is expected to boost market growth in the region.
Pharmaceutical Logistics Market Report Snapshots
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