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How has the pharmaceutical logistics market grown in recent years?

In recent years, there has been a fast-paced expansion in the pharmaceutical logistics market size. It is set to rise from $125.6 billion in 2024 to $139.1 billion in 2025, predicting a compound annual growth rate (CAGR) of 10.8%. The previous period’s growth can be linked to factors such as severe regulations, international trade in pharmaceuticals, temperature-controlled logistics, the growth of e-commerce, and the healthcare industry’s expansion.

How is the pharmaceutical logistics market size expected to evolve during the forecast period?

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Which key drivers are propelling the pharmaceutical logistics market’s growth?

The pharmaceutical logistics market is projected to surge due to an increased need for pharmaceutical products. These products, aimed for human consumption and governed by pharmaceutical laws, come in the finished dosage form. They are supported by logistics to manage the acquisition, warehousing, and resource transportation. A 2024 report released by The National Center for Biotechnology Information (NCBI), the American National Library of Medicine (NLM) revealed that the total pharmaceutical expenditure in the US for 2023 increased by 13.6% to a whopping $722.5 billion compared to the previous year. This escalated demand for pharmaceutical products is providing thrust to the expansion of the pharmaceutical logistics market.

What are the market segments in the pharmaceutical logistics industry?

The pharmaceutical logistics market covered in this report is segmented –

1) By Type: Cold Chain Logistics, Non-Cold Chain Logistics

2) By Component: Storage, Transportation, Monitoring Components

3) By Procedure: Picking, Storage, Retrieval Systems, Handling Systems

4) By Transportation: Sea Freight, Air Freight, Overland

5) By Application: Bio Pharma, Chemical Pharma, Specialty Pharma

Subsegments:

1) By Cold Chain Logistics: Refrigerated Transport, Temperature-Controlled Warehousing, Cold Chain Monitoring Systems, Packaging Solutions For Cold Chain

2) By Non-Cold Chain Logistics: Standard Transport Services, Ambient Warehousing, General Packaging Solutions, Supply Chain Management Services

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Which leading companies are shaping the growth of the pharmaceutical logistics market?

Major companies operating in the pharmaceutical logistics market include McKesson Corporation, AmerisourceBergen Corp, Cardinal Health Inc., Deutsche Post AG, FedEx Corp, Kuehne + Nagel International AG, SF Holding Co Ltd., CR Pharmaceutical Group Ltd., DSV Panalpina A/S, Schenker AG, C.H. Robinson Worldwide Inc., Alfresa Holdings Corp, Nippon Express Co Ltd., Air Canada Inc., Kerry Logistics Network Limited, Lineage Logistics Holding LLC., Flexport Inc., Nichirei Logistics Group Inc., Mainfreight Ltd., Americold Logistics LLC., NFI Industries Inc., Agility Public Warehousing Company K.S.C.P., Profarma Distribuidora de Produtos Farmaceuticos S.A., United States Cold Storage Inc., NewCold Advanced Cold Logistics BV, Cloverleaf Cold Storage Co, Kingworld Medicines Group Ltd, CEVA Logistics AG, Kloosterboer Group BV., MEDIPAL HOLDINGS Corp, B.C. Ice & Cold Storage Co

What key trends are currently impacting the pharmaceutical logistics market’s development?

The pharmaceutical logistics market is dominated by key players such as McKesson Corporation, AmerisourceBergen Corp, Cardinal Health Inc., Deutsche Post AG, FedEx Corp, Kuehne + Nagel International AG, SF Holding Co Ltd., CR Pharmaceutical Group Ltd., DSV Panalpina A/S, Schenker AG, C.H. Robinson Worldwide Inc., Alfresa Holdings Corp, Nippon Express Co Ltd., Air Canada Inc., Kerry Logistics Network Limited, Lineage Logistics Holding LLC., Flexport Inc., Nichirei Logistics Group Inc., Mainfreight Ltd., Americold Logistics LLC., NFI Industries Inc., Agility Public Warehousing Company K.S.C.P., Profarma Distribuidora de Produtos Farmaceuticos S.A., United States Cold Storage Inc., NewCold Advanced Cold Logistics BV, Cloverleaf Cold Storage Co, Kingworld Medicines Group Ltd, CEVA Logistics AG, Kloosterboer Group BV., MEDIPAL HOLDINGS Corp, B.C. Ice & Cold Storage Co.

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Which geographic areas are influencing the growth of the pharmaceutical logistics market?

North America was the largest region in the pharmaceutical logistics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pharmaceutical logistics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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