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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.
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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.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
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.
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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.
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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.
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Pharmaceutical Logistics Market In North America Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2021-2025 |
$ 3.56 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
3.50 |
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Regional analysis |
US, Canada, and Mexico |
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Performing market contribution |
US at 77% |
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Key consumer countries |
US and Rest of Americas |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Air Canada, C.H. Robinson Worldwide Inc., Deutsche Post DHL Group, FedEx Corp., Ryder System Inc., Penske Truck Leasing Co. LP, United Parcel Service Inc., Agility Public Warehousing Company KSCP, Expeditors International of Washington Inc., and Kuehne+Nagel International AG |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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