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.
Key Benefits for Industry Players & Stakeholders ?
The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
Another key aspect is price sensitivity drivers(purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
Furthermore, market adoption rates for all regions have been covered.
Download the sample to get a holistic overview of the cold chain logistics market for pharmaceutical industry by industry experts to evaluate and develop growth strategies.
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)
Inclusion:
Warehousing:
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.
To get detailed insights about inclusions and exclusions, buy report.
Related Reports -
Cold Chain Logistics Market in North America by Type and Geography - Forecast and Analysis 2022-2026 ? size is estimated to increase by USD 64.79 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.98%, according to the recent market study by Technavio. Furthermore, this report extensively covers market segmentation by type (refrigerated warehouse and refrigerated transportation) and geography (US, Canada, and Mexico).
Cold Chain Market by Type, Application, and Geography - Forecast and Analysis 2021-2025 ? size is estimated to increase by USD 256.58 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 16.92%, according to the recent market study by Technavio. The use of RFID in cold chain logistics is one of the key factors driving the market growth.
What are the key data covered in cold chain logistics market for pharmaceutical industry?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the cold chain logistics market between 2023 and 2027
Precise estimation of the size of the cold chain logistics market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming trends and changes in consumer behavior
Thorough analysis of the market's competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of cold chain logistics market vendors
Cold Chain Logistics Market For Pharmaceuticals Industry Scope
Report Coverage
Details
Page number
144
Base year
2022
Historical year
2017-2021
Forecast period
2023-2027
Growth momentum & CAGR
Accelerate at a CAGR of 9.51%
Market growth 2023-2027
USD 11.6 billion
Market structure
Fragmented
YoY growth (%)
9.23
Regional analysis
APAC, North America, Europe, South America, and the Middle East and Africa
Performing market contribution
APAC at 34%
Key consumer countries
US, Canada, China, Germany, and UK
Competitive landscape
Leading companies, Competitive Strategies, Consumer engagement scope
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of contents:
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary ? Chart on Market Overview
Exhibit 02: Executive Summary ? Data Table on Market Overview
Exhibit 03: Executive Summary ? Chart on Global Market Characteristics
Exhibit 04: Executive Summary ? Chart on Market by Geography
Exhibit 05: Executive Summary ? Chart on Market Segmentation by Service
Exhibit 06: Executive Summary ? Chart on Market Segmentation by Product
Exhibit 07: Executive Summary ? Chart on Incremental Growth
Exhibit 08: Executive Summary ? Data Table on Incremental Growth
Exhibit 09: Executive Summary ? Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global cold chain logistics market for pharmaceuticals industry 2017 - 2021
Exhibit 18: Historic Market Size ? Data Table on Global cold chain logistics market for pharmaceuticals industry 2017 - 2021 ($ million)
Exhibit 164: XPO Logistics Inc. - Business segments
Exhibit 165: XPO Logistics Inc. - Key offerings
Exhibit 166: XPO Logistics Inc. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
13.5 List of abbreviations
Exhibit 173: List of abbreviations
About Us
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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