United Kingdom Pharmaceutical Logistics Market Size, Share, and COVID-19 Impact Analysis, By Mode of Operation (Cold Chain Transport and Non-Cold Chain Transport), By Component (Storage, Transportation, and Monitoring Components), and United Kingdom Pharmaceutical Logistics Market Insights, Industry Trend, Forecasts to 2033

Industry: Information & Technology

RELEASE DATE Jun 2024
REPORT ID SI4473
PAGES 230
REPORT FORMAT PathSoft

United Kingdom Pharmaceutical Logistics Market Insights Forecasts to 2033

  • The United Kingdom Pharmaceutical Logistics Market Size was valued at USD 7.44 Billion in 2023
  • The Market Size is Growing at a CAGR of 4.37% from 2023 to 2033
  • The UK Pharmaceutical Logistics Market Size is Expected to reach USD 11.5 Billion by 2033

 

United Kingdom Pharmaceutical Logistics Market

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The United Kingdom Pharmaceutical Logistics Market Size is Anticipated to Exceed USD 11.5 Billion by 2033, Growing at a CAGR of 4.37% from 2023 to 2033. The Growing demand for temperature-controlled transportation and warehousing is driving the growth of the pharmaceutical logistics market in the United Kingdom.     

 

Market Overview

Pharma logistics is a complex and ever-evolving system of managing, moving, and storing drugs and pharmaceuticals. Pharma logistics is a set of techniques and systems used to manage the distribution of pharmaceutical products from the manufacturer to the customer, involving activities such as inventory management, shipping, and customer service. It is a critical part of any pharmaceutical company, as it ensures that medications are securely transported in a safe and timely manner and that product integrity is maintained. Handling, storage, and security protocols must be followed to ensure that the medicine reaches its destination in the same condition as and when it leaves the warehouse. Pharma logistics can help pharmaceutical companies streamline their operations and reduce costs by providing end-to-end solutions. From the transportation of raw materials to the distribution of finished products, pharma logistics solutions offer a complete suite of services designed to maximize efficiency and accuracy, while minimizing cost and waste. The production of novel drugs, notably biopharmaceuticals and personalized medicines, fuels the demand for adaptable logistics. Furthermore, the surge in healthcare e-commerce, such as online pharmacies and direct-to-patient distribution, presents new avenues for pharma logistics providers.

 

Report Coverage

This research report categorizes the market for the UK pharmaceutical logistics market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the pharmaceutical logistics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the pharmaceutical logistics market.

 

United Kingdom Pharmaceutical Logistics Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 7.44 Billion
Forecast Period:2023 – 2033
Forecast Period CAGR 2023 – 2033 :4.37%
023 – 2033 Value Projection:USD 11.5 Billion
Historical Data for:2019-2022
No. of Pages:230
Tables, Charts & Figures:110
Segments covered:By Mode of Operation, By Component
Companies covered:: Alliance Healthcare, Vision Logistics, DFS Worldwide, Alloga, Kammac, and Others Key Vendors
Pitfalls & Challenges:Covid-19 Impact, Challenge, Future,Growth and Analysis

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Driving Factors

There is rising demand for pharmaceutical logistics due to the growing preference for outsourcing logistical operations by enterprises to reduce cost, improve service, and the need to focus on core business functions. Cold chain logistics has stringent regulations and the adoption of advanced technologies that gives cold chain operators access to predictive insights and real-time monitoring capabilities. The growing inclination towards biological drugs has led to rise in the need for temperature controlled logistics of medical devices and medications to preserve product integrity during the storage and transportation. The use of temperature-controlled pharmaceutical product storing and shipping is being encouraged by the British government. The need for temperature-controlled logistics is increasing owing to the development of novel biological therapies such as cell gene therapies, recombinant proteins, and monoclonal antibodies. The increased focus on patient-centric logistics is also contributing to driving the pharmaceutical logistics market. The on-demand healthcare sector is fast growing in response to the development of technology as more online home care providers offer on-demand distribution services.

 

Restraining Factors

The increased concerns about the risk of product spoilage or damage during transportation or storage pose a significant threat to the pharmaceutical logistics market. Additionally, the strict temperature control requirements for pharmaceutical products especially biological products, particularly in regions with extreme climates are the market challenges for pharmaceutical logistics.

 

Market Segmentation

The United Kingdom Pharmaceutical Logistics Market share is classified into mode of operation and component.

 

  • The cold chain transport segment is expected to hold a significant share of the United Kingdom pharmaceutical logistics market during the forecast period.   

The United Kingdom pharmaceutical logistics market is segmented by mode of operation into cold chain transport and non-cold chain transport. Among these, the cold chain transport segment is expected to hold a significant share of the United Kingdom pharmaceutical logistics market during the forecast period. Cold chain transport of pharmaceutical logistics is a temperature-controlled supply system used to transport and store perishable products, such as vaccines, biologics, and drugs. The improvement in supply chain management and integration technology for preserving product quality and safety has driven the market in the cold chain transport segment.     

 

  • The storage segment accounted for the largest revenue share of the UK pharmaceutical logistics market in 2023.

Based on the component, the United Kingdom pharmaceutical logistics market is divided into storage, transportation, and monitoring components. Among these, the storage segment accounted for the largest revenue share of the UK pharmaceutical logistics market in 2023. The pharmaceutical logistics warehouses guarantee the GMP-compliant storage of pharma products and the GDP-compliant shipment of finished pharmaceuticals. The rising demand for temperature-sensitive proteins and nutritional supplements is anticipated to drive the market demand for storage system component of pharmaceutical logistics to preserve and procure products’ efficacy.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the UK pharmaceutical logistics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Alliance Healthcare
  • Vision Logistics
  • DFS Worldwide
  • Alloga
  • Kammac
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In November 2022, UPS completed the acquisition of the Bomi Group multinational healthcare logistics firm. The acquisition accelerates the expansion of cold chain capabilities throughout Europe and Latin America.

 

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Pharmaceutical Logistics Market based on the below-mentioned segments:

 

United Kingdom Pharmaceutical Logistics Market, By Mode of Operation

  • Cold Chain Transport
  • Non-Cold Chain Transport

 

United Kingdom Pharmaceutical Logistics Market, By Component

  • Storage
  • Transportation
  • Monitoring Components

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