Cold Chain Logistics Market for Pharmaceuticals Industry: Historic Industry Size and Analysis of 15 Vendors and 7 Countries - Technavio
NEW YORK, Nov. 26, 2022 /PRNewswire/ -- The cold chain logistics market size for pharmaceutical industry is forecast to increase by USD 11.6 billion from 2022 to 2027, at a CAGR of 9.51%, according to the recent market study by Technavio. The growth of the market will be driven by the growing consolidation in the global healthcare logistics market, the rising popularity of blockchain technology in the logistics industry, and the increased use of IoT and technological solutions in warehouses.
Technavio categorizes the cold chain logistics market as a part of the air freight and logistics market, which covers revenue generated by companies providing air freight transportation; courier; and logistics services, including package and mail delivery and customs agents.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including AGRO Merchants Group, Air Canada, Burris Logistics, Cold Chain Technologies LLC, Coldman Logistics Pvt.Ltd., Deutsche Post AG, DSV Panalpina AS, FedEx Corp., Helapet ltd., JWD InfoLogistics Public Co. Ltd., Kerry Logistics Network Ltd., Kuehne + Nagel Management AG, Lineage Logistics Holdings LLC, Nichirei Corp., and PCI Pharma Services.
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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
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The market is segmented by service (warehousing and VAS and transportation), product (vaccines, biopharmaceuticals, and clinical trial materials), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
Segmentation by Service (Inclusion/Exclusion)
The warehousing segment grew gradually by USD XXX million between 2017 and 2021. The increase in the number of refrigerated pharmaceutical products is augmenting the demand for cold-chain pharmaceutical logistics. To facilitate the storage of pharmaceuticals, temperature-controlled warehouses need to operate in critical temperatures. In addition, the rising need for refrigerated warehouses for storing medicines, vaccines, and biopharmaceutical products in tropical climates is contributing to the growth of the segment.
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Table of contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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