GCC Pharmaceutical Logistics Market Size in USD: A Comprehensive Forecast for 2023-28

MarkNtel Advisors brings together a comprehensive understanding of the vast dynamics of the GCC Pharmaceutical Logistics Market Size, Share, Trends, and Growth in their research report, incorporating an extensive & detail-driven examination of the industry. This study exhibits the diverse elements like drivers, restraints, opportunities, challenges, key trends, & recent developments, among others, influencing the market expansion.

The data present in the report exhibit from the historic years (2018-21) and the base year (2022) to put together estimations for the forecast period (2023-28). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years. 

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Key Offering in the Report

The research report incorporates information from the past, ongoing trends and developments, and plans of the competitors in different segments across geographic locations into the parameters grounding on the following parameters:

  • Gross margins & profits
  • Demand growth & falls
  • Investment opportunities & revenue generation
  • Business strategies & shares
  • Key players & their profiling
  • Leading geographies
  • Trends & developments, among others

Market Dynamics 

Key Driver: Mounting Cases of Chronic Diseases & Unhealthy Eating Habits

The rising prevalence of chronic diseases like cancer, diabetes, heart issues, & kidney disorders across the GCC region is the prime aspect driving the GCC Pharmaceutical Logistics Market through 2028. Some major countries like Saudi Arabia, the UAE, Kuwait, etc., with a large population, have reported an upsurge in chronic disease patients.

In addition, unhealthy eating habits and genetic disorders are primarily responsible for the growing diabetic population in the GCC. Lifestyle diseases have been rising across the region, due to which the demand for drugs has increased significantly. Due to these factors, the pharmaceutical logistics market in GCC is considerably growing as there is a notable demand for over-the-counter (OTC) drugs.

The leading market players have grasped lucrative opportunities to place their logistics services by home delivery of medicines, collaborating with hospitals, taking contract logistics agreements, etc. For instance:

In April 2020, Bahrain health centers launched chronic disease medicine home delivery to ensure the health, safety, & comfort of patients.

In September 2019, Emirates, Pfizer, and the UAE Ministry of Health & Prevention announced the launch of a prevention campaign for chronic diseases to increase health literacy & public awareness for the global health threat of non-communicable diseases.

Segmentation of the Industry 

The GCC Pharmaceutical Logistics Market is highly fragmented and bifurcates into the following segmentations:

By Mode of Transport (Route)

-Air

-Road

-Sea

  • Of these three, Roads attained the largest share in the GCC Pharmaceutical Logistics Market during 2023-28.

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

By Logistics Provider Type

-3PL (Third-Party)

-4PL (Fourth-Party)

-Integrated Logistics

By End Users

-Hospitals

-Laboratories

-Pharmaceutical companies

-Others

Regional Landscape

On the geographical front, the GCC Pharmaceutical Logistics Market expands across the following:

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.

View the Table of Content, Research Methodology, and Full Description of the Report- https:  https://www.marknteladvisors.com/research-library/gcc-pharmaceutical-logistics-market.html                               

Competitive Analysis

The GCC Pharmaceutical Logistics Market report entails an exhaustive research compilation on the changing interface, strategies, and sustainability tactics of the prominent players by rigorously profiling each company. It is principally to put together all the information influencing the industry expansion on the following parameters:

  • Investments rise & fall 
  • Overview of the company
  • Origin & business strategy
  • Product/Service portfolio expansion
  • The geographical presence of players 

The report also talks about the strategies adopted by players to maintain their dominance & yield higher profits in the market while expanding their business across locations. Each company is profiled in this report on the following grounds:

  • Ongoing trends & recent developments
  • Performance indicators
  • Products/Services offered
  • Risk & SWOT Analysis

The prominent companies profiled in the GCC Pharmaceutical Logistics Market report are 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

Customization Services 

MarkNtel Advisors offer customization services on reports to the stakeholders & investors, covering all the relevant aspects required in a comprehensive, unbiased, accurate, & reliable manner. It aims principally to enable the players to curate all the fundamentals underlying the market potential in the future & make informed decisions & strategies.

About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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