North America Biopharmaceutical Third-party Logistics Market Size & Outlook

The biopharmaceutical third-party logistics market in North America is expected to reach a projected revenue of US$ 93,157.6 million by 2030. A compound annual growth rate of 7.3% is expected of North America biopharmaceutical third-party logistics market from 2024 to 2030.
Revenue, 2023 (US$M)
$57,067.2
Forecast, 2030 (US$M)
$93,157.6
CAGR, 2024 - 2030
7.3%
Report Coverage
North America

North America biopharmaceutical third-party logistics market, 2018-2030 (US$M)

North

North America biopharmaceutical third-party logistics market highlights

  • The North America biopharmaceutical third-party logistics market generated a revenue of USD 57,067.2 million in 2023.
  • The market is expected to grow at a CAGR of 7.3% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.


North America data book summary

Market revenue in 2023USD 57,067.2 million
Market revenue in 2030USD 93,157.6 million
Growth rate7.3% (CAGR from 2023 to 2030)
Largest segmentNon-cold chain logistics
Fastest growing segmentCold Chain Logistics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCold Chain Logistics, Non-cold Chain Logistics
Key market players worldwideDHL 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, North America region accounted for 43.1% 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 segmentation & scope
Cold Chain Logistics
Non-cold Chain Logistics
Air Freight
Sea Freight
Overland
Warehousing and Storage
Other Services

Biopharmaceutical Third-party Logistics Market Companies

Name Profile # Employees HQ Website

North 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 North 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.


North America is the largest market by region in the biopharmaceutical third party logistics market. North America biopharmaceutical third-party logistics market accounted for 41.5% of the global market in 2020.

The North American region comprises of the U.S. and Canada. The largest market share can be attributed to huge biopharmaceutical R&D investments coupled with strong logistic performance index in the region.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America biopharmaceutical third-party logistics market , including forecasts for subscribers. This continent databook contains high-level insights into North America biopharmaceutical third-party logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America biopharmaceutical third-party logistics market size, by country, 2018-2030 (US$M)

North America Biopharmaceutical Third-party Logistics Market Outlook Share, 2023 & 2030 (US$M)

North America biopharmaceutical third-party logistics market size, by country, 2018-2030 (US$M)

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