The GCC Pharmaceutical Logistics Market report by MarkNtel Advisors includes a thorough statistical study that offers accurate statistics for business success and growth. The report helps in identifying and interpreting the major market players, portfolios with crucial details like components and services offered, company profiles, financial data from the previous few years, and key developments that help in creating a plan of action to gain a competitive advantage in the long run. This report aims to offer pertinent market information that assist stakeholders to analyze the industry and making refined decisions.
By concentrating on several topics like competition analysis, market trends, key segments and sub-segments, threats, opportunities, drivers, restraints, and key region expansion stature, this research provides a complete overview of the market. The report also includes a PESTEL analysis of the market to look at the key driving forces and barriers to entry. The research also examines mergers and acquisitions, significant partnerships, key market participants, as well as recent developments and company strategies.
Aim of the study
- To get a thorough insight of the GCC Pharmaceutical Logistics market.
- To understand the market structure by identifying all of its many segments and sub-segments.
- To tactically identify the major players and comprehensively analyze their expansion plans.
- To extract every potential know-how about the major market players, their portfolios, and the key strategies used by them.
- To provide thorough information on the important variables impacting the market expansion.
- To describe and evaluate the competition environment, sales volume, market share, value, SWOT analysis, and growth strategies for the anticipated timeframe.
- To assess the market in terms of specific growth patterns, and contributions to the market.
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Dynamics of Market
This report provides a thorough examination of the GCC Pharmaceutical Logistics Industry analysis. The report’s market estimates are based on extensive research, interviews, and internal expert reviews. These market estimates were created by researching the various political, social, and economic factors influencing the GCC Pharmaceutical Logistics market’s development, as well as current market dynamics.
Growth Element of the Market – 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.
Major Growth Challenges – In the GCC region, the UAE is the epicenter for distributing pharma products across neighboring countries like Saudi Arabia, Bahrain, Qatar, Oman, etc. The panic buying of medicines, drugs, surgical equipment, and devices, among other pharma products, in 2020, owing to the Covid-19 pandemic, led to a drastic shortage of containers & vessels. As a result, it affected the UAE’s imports of pharma products from countries like the US, India, Japan, Germany, etc., and exports to neighboring countries.
With this shortage of containers, exporters witnessed a notable surge of nearly 50-60% in freight charges & container rent, which severely impacted business activities across the region. Hence, the shortage of containers & the issue of reverse logistics owing to the unprecedented return of containers has hindered the growth of the GCC Pharmaceutical Logistics Market.
For better decision-making, this section includes a thorough examination of every segment stated. Knowing these elements makes it easier to recognize how crucial they are to market expansion. The information regarding dominant segments and fastest-growing segments with their market shares is offered in this part, which gives stakeholders an advantage. The segments are listed below:
By Mode of Transport (Route)
By Product Type
- General Drugs & Medicines
- Surgical Goods & Medical Devices
- Chemical Pharma Products
- Bio-Pharma & Specialized Pharma Products
By Service Type
- Transportation & Freight Forwarding
- Value Added Services (Inventory management, Packaging, Labelling, etc.)
- Others (Customs Brokerage, Marketing, Call Support)
By Storage Type
- Ultra-frozen (Less than 0°C)
- Chilled (1°C – 10°C)
- Air-conditioned (Above 11°C)
By Logistics Provider Type
- 3PL (Third-Party)
- 4PL (Fourth-Party)
- Integrated Logistics
By End Users
- Pharmaceutical companies
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Country Wise Market Growth Data – The GCC Pharmaceutical Logistics market is separated into 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. It attributes primarily to the rapid rise in the geriatric population of the country and burgeoning instances of chronic diseases like cancer, hypertension, diabetes, & cardiovascular, among others. For example:
- In 2017, more than 70% of deaths in Saudi Arabia were caused by non-communicable diseases, states WHO. Moreover, nearly 25% of people are suffering from diabetes, hypertension, or other chronic conditions, and about 50% have two or more chronic diseases.
Top Market Players Examination:
The research includes details on the competitive environment as well as potential barriers to leading market suppliers’ expansion. The biggest market participants are included in the study, together with company profiles, product/service details, revenue, sales, pricing, and gross margin. Company –
- – 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
are a few of the players who control a significant portion of the market. Major business players are making strategic investments to support their expansion objectives and to advance research and development efforts.
Table of Content
- Market Segmentation
- Product Definition
- Research Process
- Executive Summary
- Impact of IoT on GCC Pharmaceutical Logistics Market
- GCC Pharmaceutical Logistics Market Trends & Insights
- GCC Pharmaceutical Logistics Market Dynamics
- Growth Drivers
- GCC Pharmaceutical Logistics Market Hotspot & Opportunities
- GCC Pharmaceutical Logistics Market Policies & Regulations
- GCC Pharmaceutical Logistics Market Analysis, 2018-2028F
Key Elements Of The Report:
- Market size, viability, and growth rate for the anticipated term.
- Corporate profiles of the major market participants, including their respective contributions.
- Important growth-promoting and restraining forces.
- The GCC Pharmaceutical Logistics market is expanding as a result of mentioned key market trends.
- Obstacles to market expansion and suggestions for how to overcome them.
- Analysis of the GCC Pharmaceutical Logistics market competitors.
- A complete SWOT analysis of the market.
- The risks and possibilities that the current vendors must deal with.
- Important market-influencing and trending factors.
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