Europe Pharmaceutical Logistics Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 86.89 Billion |
| Market Size (2029) | USD 105.31 Billion |
| CAGR (2024 - 2029) | 3.92 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Pharmaceutical Logistics Market Analysis
The Europe Pharmaceutical Logistics Market size is estimated at USD 86.89 billion in 2024, and is expected to reach USD 105.31 billion by 2029, growing at a CAGR of 3.92% during the forecast period (2024-2029).
- The demand for pharmaceutical logistics in Europe is mainly driven by the increasing demand for drugs and vaccines, fueled by the COVID-19 pandemic and increasing investments by leading pharmaceutical firms. The COVID-19 pandemic increased the trade of conventional and over-the-counter (OTC) drugs in Europe. Enhancement in the production rate of biologics, hormone medications, vaccines, complex proteins, and temperature-specific byproducts requiring cold chain shipment also witnessed significant growth in the European pharmaceutical logistics market. There is a strong and competitive pharmaceutical industry in Europe.
- Moreover, increasing demand for cellular therapies, vaccines, and blood products in the pharmaceutical industry is driving the growth of the region's pharmaceutical logistics market. The increase in demand for reverse logistics in the pharmaceutical sector, the rise in demand for temperature-sensitive pharmaceutical drugs, and the increase in the use of RFID technologies for pharmaceutical logistics are upcoming trends in the pharmaceutical logistics market in Europe.
- The growing pharmaceutical sales are expected to propel the growth of the healthcare logistics market. Increasing sales of pharmaceuticals are expected to boost the demand for logistics as the pharmaceutical products or drugs should be stored and transported to pharmacies, drug stores, and others, thus increasing the demand for transportation or healthcare logistics.
Europe Pharmaceutical Logistics Market Trends
This section covers the major market trends shaping the Europe Pharmaceutical Logistics Market according to our research experts:
Increase in European Pharmaceutical Sales
Europe is the second-biggest biopharmaceuticals market in the world. The increasing populace and persistent sicknesses are pushing market development. The reception and openness, accessibility of biopharmaceuticals for the treatment and conclusion of illnesses, and mindfulness connected with medication have boosted the European market.
In the recent year, the European Commission (EC) launched public input on its proposed pharmaceutical strategy for Europe to ensure the region's supply of safe and affordable medicines to meet patients' needs and support the European pharmaceutical industry in order to remain an innovator and world leader.
Pharmaceutical manufacturers increasingly focus on product quality and sensitivity. Factors such as the development of complex biological-based medicines and shipments of hormone treatments, vaccines, and complex proteins require specific results in need of specialized transportation and warehousing. Temperature-controlled logistics of pharmaceutical products and medical devices is a significantly growing part of the healthcare logistics industry. Moreover, increase in need for effective cold chain logistics services to maintain the quality of goods fuels the growth of the pharmaceutical logistics market.
In addition, the entire cold chain supply chain and logistics for pharmaceutical industry is becoming more strategic and reliable. These high-value pharmaceutical products are mostly shipped via cold chain solutions across the entire distribution network, thus driving the growth of the market.
During 2021, Swiss company Novartis was the leading European pharmaceutical company in terms of prescription (Rx) drug sales with sales figures of approximately USD 51.13 billion.
More sales would push the need for appropriate logistics to transport products to pharmacies, drug stores, and others, thereby creating larger demand for pharmaceutical logistics.
Increase in Pharmaceutical Exports from Germany
Germany is the biggest pharmaceutical market in Europe and the fourth-biggest in the world, as per Germany Trade and Invest (GTAI). The nation is viewed as one of the world's driving spots for pharmaceutical manufacture, and its highly skilled labor force empowers pharmaceutical organizations to chip away at additional convoluted and demanding goods like biosimilars while keeping up with high production quality.
The absolute German pharmaceutical market facility and pharmacy store segment grew by more than 7% to EUR 49.5 billion (USD 54.57 billion) in 2020, including immunizations and diagnostics. As indicated by an industry report, the sum by counting units, like tablets, sachets, and injections, decreased somewhat (- 0.6 %) to EUR 97.5 billion (USD 107.48 billion). Every center and pharmacy store portion saw a 6-7% increase in sales. The sum consumed in clinics diminished by 10%, while deals in the drugstore industry stayed unaltered, per the report.
Moreover, in 2021, about 32 percent of EU pharmaceutical exports went to the United States. In 2021, Germany's leading destination for pharmaceuticals was the United States, with an import value of over 17.8 billion euros (USD 19.62 billion). Switzerland followed, importing pharmaceuticals from Germany valued at approximately 8.4 billion euros (USD 9.26 billion). The value of pharmaceuticals imported into Germany was approximately 71 billion euros (USD 78.27 billion) in 2021. This results in Germany having a positive trade balance in pharmaceuticals since its exports are worth more than the value of imports. Furthermore, the German pharmaceutical market generated revenues of some 56.5 billion euros (USD 62.28 billion) in 2021, which made it the leading pharmaceutical market in Europe.
Europe Pharmaceutical Logistics Industry Overview
The European pharmaceutical logistics market is highly competitive and fragmented and consists of regional and international market players. A few existing major players in the market include DHL Supply Chain, FedEx, Kuehne + Nagel International AG, United Parcel Service, and CH Robinson. Some major domestic players include Eurotranspharma, Centre Specialties Pharmaceutiques, PostNL Pharma & Care, and Trans-o-Flex Schnell-Lieferdienst GmbH.
These companies are implementing next-generation logistics solution technologies into their services, such as automation, artificial intelligence and machine learning (AI and ML), blockchain, transportation management systems, and others, to increase supply chain productivity, reduce costs and avoid errors.
For instance, in April 2021, France-based CEVA Logistics launched the FOR PATIENTS healthcare logistics sub-brand. This new temperature-sensitive solution offers complete logistics solutions to healthcare and pharmaceutical companies in temperature-controlled facilities worldwide. CEVA will provide visibility and tracking solutions for real-time decisions through embedded location and temperature IoT devices.
Europe Pharmaceutical Logistics Market Leaders
DHL
FedEx
Kuehne + Nagel International AG
United Parcel Service
C. H. Robinson
*Disclaimer: Major Players sorted in no particular order
Europe Pharmaceutical Logistics Market News
- January 2022: MOVIANTO, a pharmaceutical logistics provider in Spain, invested 38 million euros (USD 41.88 million) in a new center in Numancia de la Sagra (Toledo). The new space will have an area of 40,000 m2 and a capacity for more than 35,000 pallets at a controlled temperature, which will double, and even triple, the company's capacity in Spain.
- August 2022: UPS planned to acquire BomiGroup, an industry-leading multinational healthcare logistics provider in Italy. The transaction will add temperature-controlled facilities in 14 countries and nearly 3,000 highly-skilled BomiGroup team members to the UPS Healthcare network in Europe and Latin America.
Europe Pharmaceutical Logistics Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scop of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunities
4.3 Insights into Technological Innovation in Luxury Residential Real Estate Sector
4.4 Government Regulations and Intiatives
4.5 Value Chain/Supply Chain Analysis
4.6 Industry Attractiveness - Porter's Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Generic Drugs
5.1.2 Branded Drugs
5.2 By Operation
5.2.1 Cold Chain Transport
5.2.2 Non-cold Chain Transport
5.3 By Application
5.3.1 Biopharma
5.3.2 Chemical Pharma
5.4 By Transportation
5.4.1 Airways
5.4.2 Railways
5.4.3 Roadways
5.4.4 Seaways
5.5 By Geography
5.5.1 Germany
5.5.2 United Kingdom
5.5.3 Netherlands
5.5.4 France
5.5.5 Italy
5.5.6 Spain
5.5.7 Poland
5.5.8 Belgium
5.5.9 Sweden
5.5.10 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Overview (Market Concentration and Major Players)
6.2 Company Profiles
6.2.1 DHL
6.2.2 FedEx
6.2.3 Kuehne+Nagel International AG
6.2.4 United Parcel Service
6.2.5 C.H. Robinson
6.2.6 CEVA Logistics
6.2.7 DB Schenker
6.2.8 Agility Logistics
6.2.9 Eurotranspharma
6.2.10 CSP*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
Europe Pharmaceutical Logistics Industry Segmentation
Pharmaceutical logistics is related to the handling, transport, and chain management of multiple and varied products that require specific standards in their logistic treatment. Pharmaceutical products range from medicines and all their typologies, healthcare products, and medical and surgical instruments to cosmetic and perfume products, raw materials, biotechnological materials, or biopharmaceuticals.
The European Pharmaceutical Logistics Market is segmented by Product (Generic Drugs and Branded Drugs), Operation (Cold Chain Transport and Non-cold Chain Transport), Application (Biopharma and Chemical Pharma), Transport (Airways, Railways, Roadways, and Seaways), and Geography (Germany, United Kingdom, Netherlands, France, Italy, Spain, Poland, Belgium, Sweden, and Rest of Europe). The report offers market size and forecasts for the Europe Pharmaceutical Logistics Market in value (USD billion) for all the above segments.
| By Product | |
| Generic Drugs | |
| Branded Drugs |
| By Operation | |
| Cold Chain Transport | |
| Non-cold Chain Transport |
| By Application | |
| Biopharma | |
| Chemical Pharma |
| By Transportation | |
| Airways | |
| Railways | |
| Roadways | |
| Seaways |
| By Geography | |
| Germany | |
| United Kingdom | |
| Netherlands | |
| France | |
| Italy | |
| Spain | |
| Poland | |
| Belgium | |
| Sweden | |
| Rest of Europe |
Europe Pharmaceutical Logistics Market Research FAQs
How big is the Europe Pharmaceutical Logistics Market?
The Europe Pharmaceutical Logistics Market size is expected to reach USD 86.89 billion in 2024 and grow at a CAGR of 3.92% to reach USD 105.31 billion by 2029.
What is the current Europe Pharmaceutical Logistics Market size?
In 2024, the Europe Pharmaceutical Logistics Market size is expected to reach USD 86.89 billion.
Who are the key players in Europe Pharmaceutical Logistics Market?
DHL, FedEx, Kuehne + Nagel International AG, United Parcel Service and C. H. Robinson are the major companies operating in the Europe Pharmaceutical Logistics Market.
What years does this Europe Pharmaceutical Logistics Market cover, and what was the market size in 2023?
In 2023, the Europe Pharmaceutical Logistics Market size was estimated at USD 83.61 billion. The report covers the Europe Pharmaceutical Logistics Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Pharmaceutical Logistics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Pharmaceutical Logistics Industry Report
Statistics for the 2024 Europe Pharmaceutical Logistics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Pharmaceutical Logistics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
