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How Has the Pharmaceutical Logistics Market Grown from 2024 to 2025?

The dimension of the pharmaceutical logistics market has experienced a swift expansion in the preceding years. This industry will escalate from a market worth of $125.6 billion in 2024, reaching $139.1 billion in 2025, with a compound annual growth rate (CAGR) of 10.8%. The historical period’s growth can be associated with strict regulations, the globalization of the pharmaceutical business, temperature-dependent logistics, the enlargement of e-commerce, and the advancement of the healthcare industry.

What Growth Rate Is Anticipated for the Pharmaceutical Logistics Market in the Coming Years?

In the coming years, the pharmaceutical logistics market is anticipated to witness swift expansion. It is projected to reach a value of $216.57 billion by 2029, registering a Compound Annual Growth Rate (CAGR) of 11.7%. This growth in the predicted period can be credited to factors such as market enlargement in burgeoning countries, risk mitigation tactics, enhancements in supply chain transparency, healthcare industry growth, and advancements in cold chain logistics. The forecast period is expected to be dominated by trends such as prioritization of security and product integrity, optimization of the global supply chain network, eco-friendly logistics initiatives, real-time monitoring demand, and regulatory compliance requirements.

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Who Are the Leading Companies in 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 Are the Key Drivers of the Pharmaceutical Logistics Market?

Anticipated growth in the pharmaceutical logistics industry is largely due to the increasing need for pharmaceutical goods. Pharmaceuticals are essentially any finished dosage medications meant for human use and regulated by pharmaceutical laws. Logistics assists in the procurement, storage, and transport of these pharmaceutical resources. To illustrate, a July 2024 article by The National Center for Biotechnology Information (NCBI), part of the US National Library of Medicine (NLM), reported that in 2023, the total US pharmaceutical expenditure amounted to $722.5 billion – a significant 13.6% increase from 2022. Hence, the surge in pharmaceutical products demand is accelerating the expansion of the pharmaceutical logistics market.

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What Are the Key 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

What Are the Latest Trends in the Pharmaceutical Logistics Market?

The trend of facility expansion is growing increasingly popular in the pharmaceutical logistics market. Manufacturers in this market are focusing on expanding their infrastructure to cater to the logistics needs of the healthcare sector. As an example, UPS Healthcare, a healthcare logistics provider based in the US, inaugurated an 8,700 m2 facility in West Singapore in May 2023. This expanded site offers additional services such as packaging, labeling, return logistics, and local customs brokerage. The facility, located at Gul Circle with easy access to PSA Terminals, the manufacturing cluster at Tuas Biomedical Park, and the upcoming seaport at Tuas, is prepared to satisfy the present and future logistics needs of companies in the growing healthcare sector in the country. Notably, it offers temperature-controlled storage facilities, capable of storing healthcare products in temperatures ranging from -80 to 25 degrees Celsius.

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What Are the Key Regional Markets in the Pharmaceutical Logistics Industry?

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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This Report Delivers Insight On:

1. How big is the pharmaceutical logistics market, and how is it changing globally?

2. Who are the major companies in the pharmaceutical logistics market, and how are they performing?

3. What are the key opportunities and risks in the pharmaceutical logistics market right now?

4. Which products or customer segments are growing the most in the pharmaceutical logistics market?

5. What factors are helping or slowing down the growth of the pharmaceutical logistics market?

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