Europe Pharmaceutical Logistics Market – Growth, Trends, And Forecast (2020 – 2025)
Europe Pharmaceutical Logistics market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.
The Europe Pharmaceutical Logistics market is highly competitive and consists of a number of major players: DHL Supply Chain, FedEx, Kuehne + Nagel International AG, United Parcel Service Inc., C.H. Robinson Worldwide Inc., CEVA Logistics, DB Schenker, Agility Logistics, Eurotranspharma, CSP, Trans-o-flex GmbH, PostNL Pharma & Care and Astra Logistic Ltd.
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Scope of the Report
The Europe Pharmaceutical Logistics Market is expected to grow at a CAGR of around 10% during the forecasted period. Logistics is an essential segment of the supply chain management. It allows the pharmaceutical sector to establish consistency as well as efficiency through the international supply chain market. The pharmaceutical sector opts logistics for a complete management of acquiring, storing and moving the resources to the end users as per their needs. Logistics provides a continuous supply of bio pharmaceutical products like vaccines, anti-bodies, somatic cells and other biomolecules from sellers and traders to different places. European Association for Logistics and Transportation in Healthcare (EALTH) is one association that aims to achieve the same in Europe.
Key Market Trends
Cold Chain Logistics Market in Europe to Grow at a High Pace
Cold chain logistics involves the transportation of temperature-controlled products along a supply chain using refrigerated packaging solutions to preserve the quality of products. For pharmacy industry, cold chain logistic plays an important role in increasing the efficacy of the drug throughout the supply chain to the end consumers. Europe was the second largest global submarket for pharmaceuticals with market revenue of 345.20 U.S. billion dollars in 2018. Increasing demand for pharmaceutical is a major driver for growth in Cold Chain Logistics market of Europe along with growth in processed food industry. The European cold chain logistics market was worth over 75 billion U.S. dollars in 2019 and is expected to reach more than 110 billion U.S. dollars by 2025. Dozens of warehouses comprising cold chain systems are being designed, ensuring the ideal storage and transportation conditions for temperature-sensitive products. Businesses are investing millions of dollars in their cold chain operations to create effective, efficient, and reliable process because an end-to-end cold chain security is the weak link in the system. Single breakdown in the logistics chain can lead to catastrophic losses of products and capital. There has been an increase in demand for cold storage by the online grocers as well.
Germany Leads the Export of Pharmaceutical Products in Europe
Europe was the second largest global submarket for pharmaceuticals with market revenue of 345.20 U.S. billion dollars in 2018. The pharmaceutical market has been growing ever since. In 2019, Germany led the Export of Pharmaceutical market in Europe with 75.12 billion Euros of medical products exported. It was followed by Switzerland with 66.37 billion Euros, Belgium with 40.29 billion Euros, Ireland with 35.45 billion Euros, Netherlands with 31.73 billion Euros and France with 28.65 billion Euros.
With increasing production and high volumes of exports and imports of pharmaceutical products, the pharmaceutical logistics providers have witnessed a boom in business, particularly in these 6 European countries and overall in Europe as well.
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What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: Europe Pharmaceutical Logistics Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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