Latin America Biopharmaceutical Third-party Logistics Market Size & Outlook
Latin America biopharmaceutical third-party logistics market, 2018-2030 (US$M)
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Latin America biopharmaceutical third-party logistics market highlights
- The Latin America biopharmaceutical third-party logistics market generated a revenue of USD 12,500.5 million in 2023.
- The market is expected to grow at a CAGR of 5.5% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 12,500.5 million |
| Market revenue in 2030 | USD 18,189.4 million |
| Growth rate | 5.5% (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, Latin America region accounted for 9.4% 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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Latin America 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 Latin America 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.
Latin America biopharmaceutical third party logistics market accounted for 9.6% of the global market in 2020. The major countries in Latin American region includes Brazil, Mexico, and Argentina. These three countries account for a combined share of 73.6% in 2020 in the Latin American biopharmaceutical third party logistics market.
The logistics market, transportation sector, and biopharmaceutical industry have moderate growth in the region. Thus, biopharmaceutical third party logistics market is expected to grow at a modest rate in the region.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America biopharmaceutical third-party logistics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America biopharmaceutical third-party logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America biopharmaceutical third-party logistics market size, by country, 2018-2030 (US$M)
Latin America Biopharmaceutical Third-party Logistics Market Outlook Share, 2023 & 2030 (US$M)
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