Pharmaceutical Logistics Market in North America by Application and Geography - Forecast and Analysis 2021-2025
- Published: Jun 2021
- Pages: 120
- SKU: IRTNTR43655
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The pharmaceutical logistics market in North America has the potential to grow by USD 3.56 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.15%.
This pharmaceutical logistics market in North America research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (non-cold chain and cold chain) and geography (the US, Canada, and Mexico). The pharmaceutical logistics market in North America report also offers information on several market vendors, including Agility Public Warehousing Company KSCP, Air Canada, C.H. Robinson Worldwide Inc., Deutsche Post DHL Group, Expeditors International of Washington Inc., FedEx Corp., Kuehne + Nagel International AG, Penske Truck Leasing Co. LP, Ryder System Inc., and United Parcel Service Inc. among others.
What will the Pharmaceutical Logistics Market Size in North America be in 2021?
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Pharmaceutical Logistics Market in North America: Key Drivers and Trends
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The rise in pharmaceutical sales is notably driving the pharmaceutical logistics market growth in North America, although factors such as operational issues may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the pharmaceutical logistics market in North America get your FREE report sample now.
This pharmaceutical logistics market in North America analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
Who are the Major Pharmaceutical Logistics Market Vendors in North America?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Agility Public Warehousing Company KSCP
- Air Canada
- C.H. Robinson Worldwide Inc.
- Deutsche Post DHL Group
- Expeditors International of Washington Inc.
- FedEx Corp.
- Kuehne + Nagel International AG
- Penske Truck Leasing Co. LP
- Ryder System Inc.
- United Parcel Service Inc.
The pharmaceutical logistics market in North America is fragmented and the vendors are deploying growth strategies such as investing in cloud-based supply chain solutions to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the pharmaceutical logistics market in North America forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for Pharmaceutical Logistics Market in North America?
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77% of the market’s growth will originate from the US during the forecast period. Market growth in this region will be slower than the growth of the market in Canada.
The continued growth of specialty pharmaceuticals will facilitate the pharmaceutical logistics market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
What are the Revenue-generating Application Segments in the Pharmaceutical Logistics Market in North America?
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Healthcare products that require refrigeration, such as insulin and vaccines are transported and stored under the cold chain network. Products that are more temperature-sensitive are more complex to handle. Many top-selling pharmaceutical products require cold chain logistics. The increase in the number of refrigerated pharmaceutical products will provide a boost to the market for cold chain pharmaceutical logistics.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the pharmaceutical logistics market size in North America.
What are the Key Factors Covered in this Pharmaceutical Logistics Market in North America Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive pharmaceutical logistics market growth in North America during the next five years
- Precise estimation of the pharmaceutical logistics market size in North America and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the pharmaceutical logistics market in North America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of pharmaceutical logistics market vendors in North America
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Frequently Asked Questions?
- Rest of Americas
- Rise in pharmaceutical sales
- Consolidation in North American pharmaceutical logistics market
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