GCC Pharmaceutical Logistics Market Poised for Remarkable 7% CAGR Ascension by 2028

MarkNtel Advisors, leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on The  GCC Pharmaceutical Logistics Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

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GCC Pharmaceutical Logistics Market Insights 2023-2028

The GCC Pharmaceutical Logistics Market is likely to grow at a CAGR of around 7% during the forecast period, i.e., 2023-28. 

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Top Players in the GCC Pharmace utical Logistics Market:

  • Kuehne+Nagel Middle East
  • Aramex
  • Agility
  • Emirates SkyCargo
  • Qafila
  • RHS Logistics
  • Nawara Transportation & Freight Co.
  • Kerry Logistics Middle East L.L.C.
  • Yusen Logistics (Middle East) L.L.C.
  • Mosanada Logistics Services
  • Oriental Commercial and Shipping Co. Ltd.
  • Others

Segmentation Analysis of GCC Pharmaceutical Logistics Market

GCC Pharmaceutical Logistics Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2023 to 2028, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

  • By Mode of Transport (Route)
    • Air
    • Road
    • Sea
  • By Product Type
    • General Drugs & Medicines
    • Surgical Goods & Medical Devices
    • Chemical Pharma Products
    • Bio-Pharma & Specialized Pharma Products
  • By Service Type
    • Transportation & Freight Forwarding
    • Warehousing
    • Cross-Docking
    • Value Added Services (Inventory management, Packaging, Labelling, etc.)
    • Others (Customs Brokerage, Marketing, Call Support)
  • By Storage Type
    • Refrigerated
    • Ultra-frozen (Less than 0°C)
    • Chilled (1°C – 10°C)
    • Air-conditioned (Above 11°C)
    • Ambient

Based on Storage Type: Here, the demand for Refrigerated storage is projected to witness the highest growth in the market during 2023-28. It owes to the rising focus on bio-based products where there are many pre-conditions for the shipment of life science. Most pharmaceutical products, including vaccines, bio-products, and surgical goods, require refrigerated storage throughout handling & transportation to maintain product integrity. Hence, the need for refrigerated storage is likely to be significantly high in the forecast period.

  • By Logistics Provider Type
    • 3PL (Third-Party)
    • 4PL (Fourth-Party)
    • Integrated Logistics
  • By End Users
    • Hospitals
    • Laboratories
    • Pharmaceutical companies
    • Others

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A Comprehensive Geographical Analysis:

By Country

  • The UAE
  • Saudi Arabia
  • Qatar
  • Oman
  • Bahrain
  • Kuwait
  • Rest of GCC

Amongst all countries across the GCC region, Saudi Arabia acquired the largest share of the Pharmaceutical Logistics Market in the previous few years.

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