Pharmaceutical Warehousing Market to Reach $39.00 Billion, Globally, by 2032 at 4.7% CAGR: Allied Market Research

Growth in the pharmaceutical sector, increase in demand from the e-commerce industry, and surge in demand for reverse logistics drive the growth of the global pharmaceutical warehousing market.

PORTLAND, Ore., May 2, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Pharmaceutical Warehousing Market by Type (Cold Chain Warehousing and Non-Cold Chain Warehousing) and Application (Pharmaceutical Factory, Pharmacy, Hospital, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global pharmaceutical warehousing market generated $24.80 billion in 2022, and is anticipated to generate $39.00 billion by 2032, witnessing a CAGR of 4.7% from 2023 to 2032.

Prime Determinants of Growth

The global pharmaceutical warehousing market has experienced significant growth and transformation, driven by a combination of increase in demand from the e-commerce industry and surge in demand for reverse logistics. Pharmaceutical warehousing provides optimal storage for temperature, light & humidity sensitive medications, thus allowing a seamless flow of medication to the end user. Moreover, technological growth in the pharmaceutical industry is likely to shape the industry's future, enhancing safety and efficiency.

Request Sample of the Report on Pharmaceutical Warehousing Market Forecast 2032

https://www.alliedmarketresearch.com/request-sample/A124142

(We are providing connected ship Industry report as per your research requirement, including the Latest Industry Insight's Evolution, Potential and Russia-Ukraine War Impact Analysis)

• 117 - Tables
• 44 - Charts
• 197 – Pages

Report Coverage & Details:

Procure Complete Report (197 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/pharmaceutical-warehousing-market-A124142

The cold chain warehousing segment to maintain its leadership status throughout the forecast period

By type, the cold chain warehousing segment held the highest market share in 2022, and is estimated to maintain its leadership status throughout the forecast period 2023 to 2032 with the highest CAGR of 5.0%, due to the growing emphasis on biotechnology & personalized medicine and an increase in the development & production of temperature-sensitive medications.

The others segment to maintain its leadership status throughout the forecast period

By application, the others segment held the highest market share in 2022 and is estimated to maintain its leadership status throughout the forecast period owing to the increased sales of pharmaceutical products through online channel mode resulting in third party logistics and e-commerce companies spending more on pharmaceutical warehousing. However, the pharmaceutical factory segment is projected to manifest the highest CAGR of 4.9% due to increase in the production of medication & pharmaceutical drugs and surge in instances of chronic diseases, such as diabetes and cancer across the globe.

Asia-Pacific to maintain its dominance by 2032

By region, Asia-Pacific held the highest market share in terms of revenue in 2022 and is estimated to maintain its leadership status throughout the forecast period. Similarly, the region is expected to witness the fastest CAGR of 5.7% from 2023 to 2032, owing to increase in R&D activities for pharmaceutical & healthcare sector, strong presence of pharmaceutical manufacturer in the region, rise in investment in development of pharmaceutical storage by major companies, and growth in pharmaceutical and healthcare industry in the region.

To Talk With Our Industry Expert @ https://www.alliedmarketresearch.com/connect-to-analyst/A124142

Leading Market Players: -

• RSA TALKE
• KEMITO
• Brenntag SE
• Rinchem Company, LLC
• Univar Solutions LLC
• Commonwealth Inc.
• DHL GROUP
• Anchor 3PL
• Broekman Logistics
• Odyssey Logistics & Technology Corporation

The report provides a detailed analysis of these key players in the global pharmaceutical warehousing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report highlights business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

Browse More Trending Reports

Automotive Advanced Driver Assistance Systems (ADAS) Military Vehicles Market Size, Share, Competitive Landscape and Trend Analysis Report by System Type and by Sensor Type - Global Opportunity Analysis and Industry Forecast, 2023-2032

Yacht Charter Market Size, Share, Competitive Landscape and Trend Analysis Report by SIZE, by TYPE, by APPLICATION - Global Opportunity Analysis and Industry Forecast, 2024-2032

Hydrogen Fuel Cell Vehicle Market Size, Share, Competitive Landscape and Trend Analysis Report by Vehicle Type, by Technology, by Range - Global Opportunity Analysis and Industry Forecast, 2023-2032

Reverse Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report by Return Type, End User and Service: Global Opportunity Analysis and Industry Forecast, 2021-2028

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
[email protected]
Web: www.alliedmarketresearch.com
AMR Resource Center: https://www.alliedmarketresearch.com/resource-center

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

SOURCE Allied Market Research