• September 18, 2020

Pharmaceutical logistics market in North America- Roadmap for Recovery from COVID-19|Rise In Pharmaceutical Sales to boost the Market Growth | Technavio - Odessa American: Business

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Pharmaceutical logistics market in North America- Roadmap for Recovery from COVID-19|Rise In Pharmaceutical Sales to boost the Market Growth | Technavio

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Posted: Tuesday, September 15, 2020 11:00 pm

LONDON--(BUSINESS WIRE)--Sep 16, 2020--

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200915006109/en/

Technavio has announced its latest market research report titled Pharmaceutical Logistics Market in North America 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions:

  • 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. 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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View market snapshot before purchasing

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:

  • Supply Chain
    • Non-cold Chain
    • Cold Chain
  • Geography
    • US
    • Canada
    • Mexico

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43655

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
  • List of abbreviations

     

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200915006109/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:media@technavio.com

Website:www.technavio.com/

KEYWORD: NORTH AMERICA

INDUSTRY KEYWORD: HEALTH PHARMACEUTICAL

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 09/16/2020 12:00 AM/DISC: 09/16/2020 12:01 AM

http://www.businesswire.com/news/home/20200915006109/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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