WiseGuyReports has announced the addition of a new intelligence report, titled “Global Pharmaceutical Warehousing Market – Forecasts from 2017 to 2022”.
The global pharmaceutical warehousing market was valued at US$53.006 billion in 2017 and is expected to grow at a CAGR of 5.14% to reach a market size of US$68.107 billion by the year 2022. Warehouse management systems can be deployed by specialized, knowledgeable companies so as to ensure all the benefits and potential savings. Pharmaceutical companies have automated solutions in order to tackle quality and operational challenges without the need for human contact. Such systems for warehouse can optimize the storage space utilisation, improve productivity of processes, decrease operating costs and maintain a strategic competitive edge for stocking of inventory.
Market Outlook
Factors like rapid urbanization, government regulations, and technological advancements have led to the shift of pharmaceuticals industry from unorganized to organized sector while driving the pharmaceutical warehousing market. Moreover, the rising awareness and concern about health coupled with increasing number of diseases propel the demand for pharmaceuticals products while augmenting the pharmaceuticals warehousing market growth. The ongoing product innovation and development of energy efficient warehousing enhance the opportunities for the market to grow over the projected period. However, the high initial cost involved in setting up the infrastructure do hamper the market growth.
Geographic Outlook
Geographically, EMEA region is expected to drive the global market of pharmaceutical warehousing owing to the expanding pharmaceutical industry in the region coupled with growing demand for organized pharmaceutical retailing. Asia Pacific region is also expected to contribute to the global growth on account of rapid modernisation, growing number of diseases and availability of quality medicines.
Research Methodology
Firstly, the report provides a brief introduction of the market and deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Market Dynamics
Next, the section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of Pharmaceutical Warehousing. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.
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Segmentation
Thirdly, Pharmaceutical Warehousing Market has been segmented on the basis of type of service and geography as follows:
By Type of Service
Cold chain warehouse
Non-cold chain warehouse
By Geography
Americas
North America
South America
Europe Middle East and Africa
Europe
Middle East and Africa
Asia Pacific
Market Players
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry players profiled as part of this section are Agility, DHL Supply Chain, DB Schenker, Penske Logistics, UPS, XPO Logistics, KUEHNE + NAGEL, and DSC Logistics.
Table of Content
- Introduction
- Research Methodology
- Executive Summary
- Market Dynamics
- Global Pharmaceutical Warehousing Market Forecast by Type of Service (US$ billion)
- Global Pharmaceutical Warehousing Market Forecast by Geography (US$ billion)
- Competitive Intelligence
- Company Profiles
8.1. Agility
8.2. DHL Supply Chain
8.3. DB Schenker
8.4. Penske Logistics
8.5. UPS
8.6. XPO Logistics
8.7. KUEHNE + NAGEL
8.8. DSC Logistics
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