Japan Pharmaceutical 3PL Market Size

Japan Pharmaceutical 3PL Market Analysis

The Japan Pharmaceutical 3PL Market size is estimated at USD 67.41 billion in 2024, and is expected to reach USD 94.37 billion by 2029, growing at a CAGR of 7% during the forecast period (2024-2029).

• The pharmaceutical industry's third-party logistics market is growing because more and more people are willing to use online delivery services. This trend has led to a rise in demand for third-party logistics solutions. Japan has been the leading force in the pharmaceutical third-party logistics market, with the government providing incentives. The Japanese Pharmaceutical and Medical Devices Agency, in partnership with the Japanese Ministry of Health, Labour, and Welfare and drug companies, created a platform for online information exchange and patient consultation services.
• The demand for temperature-controlled logistics services to ship biologics across international borders and the expansion of biopharmaceutical companies' distribution networks to boost sales are fueling market expansion. It serves as motivation. Pharmaceutical logistics organizations have noticed a considerable increase in the use of automated storage and retrieval systems in emerging nations. By limiting supply disruptions and giving priority to crucial treatments, major market actors played a significant role in the fight against COVID-19.
• For example, Nippon Express has WHO Standard GDP Certification for the East Japan Pharmaceutical Center in Kuki, Saitama Prefecture. This is because they focus on storage and transit with two temperature zones to meet the demand for high-quality logistics. The center has WHO (World Health Organization) standard GDP certification for storing and transporting medications in two temperature zones (room temperature: 15-25°C, cold storage: 2-8°C).