Germany Pharmaceutical Warehousing Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.23 Billion |
| Market Size (2029) | USD 5.46 Billion |
| CAGR (2024 - 2029) | > 5.25 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Germany Pharmaceutical Warehousing Market Analysis
The Germany Pharmaceutical Warehousing Market size is estimated at USD 4.23 billion in 2024, and is expected to reach USD 5.46 billion by 2029, growing at a CAGR of greater than 5.25% during the forecast period (2024-2029).
The German market for warehousing and logistics space recorded a total take-up result of around 8.5 million sq m in 2022. Most demand for space came from distribution/logistics companies, with 34%, followed by retailers with 29%.
The main logistics regions in Germany are Hamburg, Berlin, Hannover, Münster, Bremen, Leipzig, Kassel, Düsseldorf, Frankfurt, Nuremberg, Mannheim, Karlsruhe, Stuttgart, and Munich.
Besides the shortage of space, increased construction costs were a major factor behind the rise in prime rents for warehousing space larger than 5,000 sq m in all Big 5 regions over the last twelve months.
Although the second half of 2022 was weaker than the first in terms of take-up, 2022 as a whole was very successful for the Berlin market. Around 1,119,300 sq m of warehousing and logistics space was taken up in lettings and owner-occupier deals, up 82% on the previous year (615,900 sq m).
The industry ranking in 2022 as a whole was led by manufacturing with 43%. Retailers and E-commerce companies followed in second place with 28%. It is due to the conclusion of a number of deals, including lettings by Sonepar of around 41,300 sq m and Lidl of around 39,000 sq m in Werder, and the deal struck by Picnic in Ludwigsfelde (approx. 32,000 sq m). The largest deals in the distribution/logistics sector were concluded by Schnellecke Logistics in Rangsdorf, with around 32,700 sq m, and VAH Jager in Oberkrämer, with around 30,000 sq m.
Germany Pharmaceutical Warehousing Market Trends
Growth of E-commerce in the market
Germany is Europe's e-commerce leader, offering a myriad of opportunities for international online retailers and service providers alike. During the period 2017 to 2022, B2C e-commerce grew by 69%, from EUR 58.5 billion to EUR 99.1 billion (USD 63.59 Billion to USD 107.72 Billion). With 58 million people, 84% of the German population over the age of 16, are purchasing online regularly. Germany boasts not only the most internet users in Europe but also the greatest e-commerce customer potential.
In its December 2021 coalition agreement, the new federal government declared the digital transformation of Germany’s healthcare system to be a priority. It announced the development of a national e-health strategy. Priorities include realignment of the telematics infrastructure and continued national implementation of electronic patient records and e-prescriptions.
As of 2022, 99% of pharmacies were connected to the telematics infrastructure, a significant increase from 75% in 2021. However, 87% of pharmacists worry that the e-prescription program will prompt greater competition from online and mail-order pharmacies.
German citizens and patients are most interested in the convenience and flexibility of digital health solutions. In a 2022 survey by Doctolib, best known for its online appointment-booking platform, 66% of patients indicated their interest in using online booking, 58% e-prescriptions, and 55% digital transmission of diagnostic results.
Increase in export and import of pharmaceuticals
The German industry is ahead of the French, Italian, and Great Britain markets. Germany’s share of the total global pharmaceutical value stood at 5.9% of the pharmaceutical industry worldwide. Germany holds more than 510 pharmaceutical companies and more than 670 biotechnology companies. The industry manufactured medicines and pharma equipment worth EUR 31.1 billion (USD 33.81 Billion) at the beginning of the COVID-19 pandemic.
With EUR 131.2 billion (USD 154.4 billion) generated through foreign sales, HCT contributes 8.3% to Germany’s total exports. The expected CAGR of the German medical equipment market for 2020-2025 is 5.1% in euro terms and 6.8% in USD terms. The value of pharmaceuticals imported into Germany was approximately EUR 71 billion (USD 76 billion) in 2021. It means Germany holds a positive trade balance in the pharmaceutical market as its exports are worth more than its imports.
In Germany alone, the pharmaceutical industry spends over EUR 6.2 billion (USD 6.6 billion) annually on research and development (R&D), or EUR 15 million (USD 16 million) each day. It demonstrates that Germany is among the top research destinations for pharmaceutical businesses with a global presence.
Germany Pharmaceutical Warehousing Industry Overview
The Germany Pharmaceutical Warehousing market is fragmented in nature, with a mix of global and local players. Most of the imports and exports products need to be monitored in refrigerated transports. Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Major players include XPO Logistics Inc., CDS Hackner GmbH, GXO Logistics, and Wagner Group GmbH.
Germany Pharmaceutical Warehousing Market Leaders
XPO Logistics Inc.
GXO Logistics
GEODIS SA
DB Schenker
Rhenus SE and Co. KG
*Disclaimer: Major Players sorted in no particular order
Germany Pharmaceutical Warehousing Market News
- March 2023: GEODIS announced the finalization of the acquisition of trans-o-flex following regulatory approval. Trans-o-flex is a leading German network for temperature-controlled pharmaceutical goods and express premium delivery. This acquisition will establish GEODIS as one of the most prominent players in the key market of healthcare and will significantly enhance its delivery capabilities in Europe.
- January 2023: Logistics solutions provider Allcargo Logistics acquired a 75% stake in Fair Trade GmbH, a strong player in Germany, through its subsidiary Allcargo Belgium NV. The acquisition expands and strengthens the service network of ECU Worldwide (an Allcargo Group Company) in a strategically important market of Germany with sizeable volumes.
- August 2022: Maersk to construct a 43,000 m2 Maersk Flow Warehouse in Duisburg, Germany. The services Maersk the warehouse will offer include cross-dock, pallet storage, and all value-added services along the supply chain, from customs clearance to consolidation and deconsolidation. The warehouse’s 84 dock levelers will handle up to 32,000 40 ft containers of customer cargo each year. The property, which includes a total area of 110,000 m2, is part of the port of Duisburg (Duisport). It contains a direct water connection to the Rhine and offers an expansion reserve in addition to the already-planned 50,000 m2 of open space.
Germany Pharmaceutical WarehousingMarket Report - Table of Contents
1. INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increased focus on quality and product sensitivity in the pharma industry
4.2.2 Automation at warehouses to increase efficiency and accuracy
4.3 Market Restraints
4.3.1 Lack of efficient logistics support
4.4 Market Oppurtunites
4.4.1 Rise in government initiatives to enhance Pharmaceutical Warehousing
4.4.2 Increasing Pharmaceutical product innovation and Development
4.5 Value Chain / Supply Chain Analysis
4.6 Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Threat of New Entrants
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 Type
5.1.1 Cold Chain Warehouse
5.1.2 Non-Cold Chain Warehouse
5.2 By Application
5.2.1 Pharmaceutical Factory
5.2.2 Pharmacy
5.2.3 Hospital
5.2.4 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Nippon Express
6.2.2 Bio Pharma Logistics
6.2.3 Rhenus SE and Co. KG
6.2.4 ADAllen Pharma
6.2.5 DB Schenker
6.2.6 FedEx Corp.
6.2.7 GEODIS SA
6.2.8 CEVA Logistics
6.2.9 Hellmann Worldwide Logistics SE and Co KG
6.2.10 CDS Hackner GmbH
6.2.11 Pfenning Logistics
6.2.12 GXO Logistics
6.2.13 Wagner Group GmbH
6.2.14 Kuehne Nagel Management AG
6.2.15 United Parcel Service Inc.
6.2.16 XPO Logistics Inc.*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. APPENDIX
Germany Pharmaceutical Warehousing Industry Segmentation
Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. Pharmaceutical Warehousing, therefore, is much more than the simple storage of products. It is an operation that preserves the integrity of drugs that affect health and well-being. Stored goods can include any pharmaceutical drugs raw materials, packing materials, and finished goods associated pharmaceutical sector.
The report sheds light on the market trends like growth factors, restraints, and opportunities in this sector. The competitive landscape of the Germany Pharmaceutical Warehousing Market is depicted through the profiles of active key players. The report also covers the impact of COVID–19 on the market and future projections.
Germany Pharmaceutical Warehousing Market is segmented by type (cold chain warehouse and non-cold chain warehouse) and application (pharmaceutical factory, pharmacy, hospital, and others). The report offers market size and forecasts for the Germany Pharmaceutical Warehousing Market in value (USD) for all the above segments.
| By Type | |
| Cold Chain Warehouse | |
| Non-Cold Chain Warehouse |
| By Application | |
| Pharmaceutical Factory | |
| Pharmacy | |
| Hospital | |
| Others |
Germany Pharmaceutical WarehousingMarket Research FAQs
How big is the Germany Pharmaceutical Warehousing Market?
The Germany Pharmaceutical Warehousing Market size is expected to reach USD 4.23 billion in 2024 and grow at a CAGR of greater than 5.25% to reach USD 5.46 billion by 2029.
What is the current Germany Pharmaceutical Warehousing Market size?
In 2024, the Germany Pharmaceutical Warehousing Market size is expected to reach USD 4.23 billion.
Who are the key players in Germany Pharmaceutical Warehousing Market?
XPO Logistics Inc., GXO Logistics, GEODIS SA, DB Schenker and Rhenus SE and Co. KG are the major companies operating in the Germany Pharmaceutical Warehousing Market.
What years does this Germany Pharmaceutical Warehousing Market cover, and what was the market size in 2023?
In 2023, the Germany Pharmaceutical Warehousing Market size was estimated at USD 4.02 billion. The report covers the Germany Pharmaceutical Warehousing Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Germany Pharmaceutical Warehousing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Pharmaceutical WarehousingIndustry Report
Statistics for the 2024 Germany Pharmaceutical Warehousing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Pharmaceutical Warehousing analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
