Pharmaceutical Third-party Logistics Market was valued at USD 89.12 Billion in 2022 and is projected to reach USD 132.89 Billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030.
The pharmaceutical third-party logistics (3PL) market has demonstrated substantial growth, with an estimated valuation of approximately USD 97 billion in 2022. The market is projected to expand at a compound annual growth rate (CAGR) of 7.5% from 2023 to 2030. This growth is driven by the increasing complexity of the global pharmaceutical supply chain, the rising demand for efficient and compliant logistics solutions, and the expanding need for temperature-sensitive handling. The shift towards outsourcing logistics functions allows pharmaceutical companies to focus on their core competencies while leveraging the expertise of specialized 3PL providers to ensure regulatory compliance and operational efficiency.
Opportunities within the pharmaceutical 3PL market are burgeoning due to the rising prevalence of chronic diseases and the growing emphasis on biologics and specialty drugs, which require intricate handling and transportation solutions. Emerging markets, particularly in Asia-Pacific and Latin America, are expected to be significant growth drivers due to the expanding pharmaceutical industries in these regions and increasing healthcare expenditures. The increasing adoption of digital technologies, such as IoT and blockchain, to enhance supply chain visibility and traceability further augments the market potential. As pharmaceutical companies continue to seek streamlined, cost-effective logistics solutions, the 3PL market is well-positioned for continued expansion and innovation.
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DHL
FedEx
Kuehne + Nagel International AG
United Parcel Service
CH Robinson Worldwide
CEVA Logistics
DB Schenker
Agility Logistics
Expeditors International of Washington
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pharmaceutical Third-party Logistics Market
Domestic Transportation
International Transportation
Value-added Warehousing Transportation
Based on Types the Market is categorized into Below types that held the largest Pharmaceutical Third-party Logistics market share In 2023.
Cold Chain Type
Non-cold Chain Type
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pharmaceutical Third-party Logistics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pharmaceutical Third-party Logistics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pharmaceutical Third-party Logistics Market, By Type
6. Global Pharmaceutical Third-party Logistics Market, By Application
7. Global Pharmaceutical Third-party Logistics Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pharmaceutical Third-party Logistics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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