Asia Pacific Biopharmaceutical Third-party Logistics Market Size & Outlook
Asia Pacific biopharmaceutical third-party logistics market, 2018-2030 (US$M)
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Asia Pacific biopharmaceutical third-party logistics market highlights
- The Asia Pacific biopharmaceutical third-party logistics market generated a revenue of USD 22,461.1 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, non-cold chain logistics was the largest revenue generating supplychain in 2023.
- Cold Chain Logistics is the most lucrative supplychain segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 22,461.1 million |
| Market revenue in 2030 | USD 37,023.8 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Non-cold chain logistics |
| Fastest growing segment | Cold Chain Logistics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cold Chain Logistics, Non-cold Chain Logistics |
| Key market players worldwide | DHL Group, SF Express, United Parcel Service Inc Class B, AmerisourceBergen Drug Corporation, DB Schenker, Kuehne + Nagel International AG, Kerry Logistics Network Ltd, Agility |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.0% of the global biopharmaceutical third-party logistics market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 37,023.8 million by 2030.
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Biopharmaceutical Third-party Logistics Market Scope
Biopharmaceutical Third-party Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific biopharmaceutical third-party logistics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biopharmaceutical third-party logistics market will help companies and investors design strategic landscapes.
Non-cold chain logistics was the largest segment with a revenue share of 79.12% in 2023. Horizon Databook has segmented the Asia Pacific biopharmaceutical third-party logistics market based on cold chain logistics, non-cold chain logistics covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest growing market by region, expected to register a lucrative CAGR of 7.2% between 2021 and 2028. Asia Pacific biopharmaceutical third party logistics market accounted for 16.3% of the global market in 2020. The major countries in Asia Pacific region include India, China, Japan, Australia, and South Korea.
These five countries account for a combined share of 94.8% in 2020 in the Asia Pacific biopharmaceutical third party logistics market. Rapidly growing biopharmaceutical R&D investments coupled with favorable government initiatives in the region can be attributed to the lucrative growth of this region.
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Target buyers of Asia Pacific biopharmaceutical third-party logistics market databook
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Our clientele includes a mix of biopharmaceutical third-party logistics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biopharmaceutical third-party logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biopharmaceutical third-party logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biopharmaceutical third-party logistics market size, by country, 2018-2030 (US$M)
Asia Pacific Biopharmaceutical Third-party Logistics Market Outlook Share, 2023 & 2030 (US$M)
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