Global Pharmaceutical Logistics Market Size & Outlook
Global pharmaceutical logistics market, 2018-2030 (US$M)
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Global pharmaceutical logistics market highlights
- The global pharmaceutical logistics market generated a revenue of USD 92,179.4 million in 2023 and is expected to reach USD 170,167.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 9.2% by 2030.
- In terms of segment, storage accounted for a revenue of USD 58,608.9 million in 2023.
- Monitoring components is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 92,179.4 million |
| Market revenue in 2030 | USD 170,167.0 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Storage |
| Fastest growing segment | Monitoring components |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Transportation, Monitoring components |
Other key industry trends
- In terms of revenue, the North America accounted for 33.1% of the global pharmaceutical logistics market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 770.8 million by 2030.
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Pharmaceutical Logistics Market Scope
Pharmaceutical Logistics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pharmaceutical 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 pharmaceutical logistics market will help companies and investors design strategic landscapes.
Storage was the largest segment with a revenue share of 63.58% in 2023. Horizon Databook has segmented the Global pharmaceutical logistics market based on storage, transportation, monitoring components covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pharmaceutical Logistics Component Outlook (Revenue, USD Million, 2018-2030)
- Storage
- Warehouse
- Refrigerated container
- Transportation
- Seafreight Logistics
- Airfreight Logistics
- Overland Logistics
- Monitoring components
- Hardware
- Sensors
- RFID Devices
- Telematics
- Networking Devices
- Software
- Hardware
- Storage
- Global Pharmaceutical Logistics Type Outlook (Revenue, USD Million, 2018-2030)
- Cold Chain Logistics
- Non-Cold Chain Logistics
- Conventional Retail Logistics
- E-Commerce Retail Logistics
- Static
- Mobile
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Target buyers of Global pharmaceutical logistics market databook
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Our clientele includes a mix of pharmaceutical 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 global-level data and insights on the Global pharmaceutical logistics market , including forecasts for subscribers. This global databook contains high-level insights into Global pharmaceutical logistics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pharmaceutical logistics market size, by region, 2018-2030 (US$M)
Top 10 countries: Pharmaceutical logistics market size, 2023 (US$M)
Global pharmaceutical logistics market share, by component, 2023 & 2030 (%, US$M)
Pharmaceutical logistics market: Opportunity assessment by country
Global pharmaceutical logistics market, by region, 2023 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 2,747.4 | 2,905.1 | 3,081.1 | 3,322.9 | 3,589.0 | 3,882.9 | 4,208.7 | 4,571.4 | 4,976.9 | 5,432.2 | 5,946.1 | 6,528.1 | 7,190.7 | 11.6% |
| Europe | 23,466.5 | 24,905.8 | 26,514.0 | 28,699.0 | 31,110.3 | 33,780.4 | 36,747.5 | 40,060.0 | 43,771.7 | 47,950.4 | 52,676.4 | 58,034.8 | 64,151.8 | 11.7% |
| North America | 22,713.3 | 23,779.0 | 24,975.9 | 26,656.7 | 28,492.9 | 30,506.4 | 32,722.6 | 35,174.2 | 37,896.7 | 40,934.8 | 44,337.8 | 48,126.7 | 52,429.8 | 9.4% |
| MEA | 2,579.0 | 2,714.6 | 2,851.6 | 3,074.4 | 3,314.8 | 3,574.9 | 3,856.8 | 4,163.7 | 4,498.7 | 4,865.8 | 5,277.5 | 5,803.7 | 6,359.9 | 10.7% |
| Asia Pacific | 13,864.0 | 14,786.4 | 15,820.5 | 17,202.8 | 18,733.7 | 20,434.9 | 22,331.7 | 24,456.4 | 26,845.0 | 29,542.6 | 32,601.3 | 36,063.5 | 40,034.7 | 12.2% |
| Overall | 65,370.3 | 69,090.8 | 73,243.0 | 78,955.9 | 85,240.8 | 92,179.4 | 99,867.2 | 108,425.8 | 117,988.9 | 128,725.9 | 140,839.1 | 154,556.8 | 170,167.0 | 9.2% |
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