LONDON–(BUSINESS WIRE)–#PharmaceuticalLogisticsMarketinNorthAmerica–Technavio has been monitoring the pharmaceutical logistics market in North America and it is poised to grow by USD 4.33 bn during 2020-2024, progressing at a CAGR of about 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
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What are the major trends in the market?
Consolidation in the North American pharmaceutical logistics market is a major trend driving the growth of the market. -
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 2.61% and the incremental growth of the market is anticipated to be $ 4.33 bn. -
Who are the top players in the market?
Agility Public Warehousing Company KSCP, Air Canada, C.H. (Read more…) 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, are some of the major market participants. -
What is the key market driver?
The rise in pharmaceutical sales will offer immense is one of the major factors driving the market. -
How big is the US market?
The US region will contribute 73% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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. are some of the major market participants. The rise in pharmaceutical sales will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Pharmaceutical logistics market in North America 2020-2024: Segmentation
Pharmaceutical logistics market in North America is segmented as below:
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Supply Chain
- Non-cold Chain
- Cold Chain
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Geography
- US
- Canada
- Mexico
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Pharmaceutical logistics market in North America 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pharmaceutical logistics market in North America report covers the following areas:
- Pharmaceutical logistics market in North America Size
- Pharmaceutical logistics market in North America Trends
- Pharmaceutical logistics market in North America Industry Analysis
This study identifies consolidation in North American pharmaceutical logistics market as one of the prime reasons driving the pharmaceutical logistics market in North America growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Pharmaceutical logistics market in North America 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist pharmaceutical logistics market in North America growth during the next five years
- Estimation of the pharmaceutical logistics market in North America size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the pharmaceutical logistics market in North America
- 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 in North America vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Force Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Supply Chain
- Market segments
- Comparison by Supply Chain
- Non-cold chain – Market size and forecast 2019-2024
- Cold chain – Market size and forecast 2019-2024
- Market opportunity by Supply Chain
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- US – Market size and forecast 2019-2024
- Canada – Market size and forecast 2019-2024
- Mexico – Market size and forecast 2019-2024
- Market opportunity by geography
- Volume driver – demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- 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.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
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