A thorough examination of the GCC Pharmaceutical Logistics Market Size, Share, Sales and projected revenue growth through 2028
According to one of the most recent reports from MarkNtel Advisors, the GCC Pharmaceutical Logistics Market size is expected to grow at a rate of roughly 7% CAGR from 2023-28. It provides a thorough analysis of the industry's present and potential futures, taking into account factors such as market size, market drivers, challenges, opportunities, threats, regional market shares, and key competitors, among others.
The "GCC Pharmaceutical Logistics Market, Analysis 2028" report also includes in-depth data on the key factors affecting industry dynamics across various segments/sub-segments & geographies, as well as the competitive landscape, current trends, recent developments, and various revenue-generating strategies used by top industry participants.
Growth Challenge: Container Shortage and Reverse Logistics
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.
India is one of the major exporters of pharma products like generic drugs, chemicals, petroleum products, etc., to the UAE. Hence, the shortage in container demand across India also disrupted the imports of the UAE's pharma products, which posed a challenge for logistic companies across the GCC. Even in 2021, this problem continued among various logistic players in the region.
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Defining the Report's Scope for GCC Pharmaceutical Logistics Market Research Report
- Information about the GCC Pharmaceutical Logistics Market's significant trends, developments, drivers, and obstacles related to the size of various segments, outlining the potential milestones that could be reached over the forecast period, or 2023-28.
- Important imperatives for changing the GCC Pharmaceutical Logistics Market dynamics as well as an analysis of the chances and difficulties that competitors are looking for.
- The most recent trends and achievements in each segment, allowing stakeholders to have a deeper grasp of the GCC Pharmaceutical Logistics Market, including its historical performance and the speed anticipated going forward.
- The competitive structure and fragmentation of the GCC Pharmaceutical Logistics industry with data on, among other things, alliances, mergers and acquisitions, investments, and strategic loyalties.
- A thorough research of the GCC Pharmaceutical Logistics Market's external environment utilising techniques like SWOT (Strength, Weakness, Opportunity, and Threat) and Porter's Five Forces analysis.
Major Regions/Countries & Segments Derived from the GCC Pharmaceutical Logistics Market Research Report
This section of the report intends to provide stakeholders with in-depth details on high-growth segments & geographies, enabling them to create winning strategies and maintain a competitive edge in the GCC Pharmaceutical Logistics Market.
Based on, By Mode of Transport (Route)
-Air
-Road
-Sea
Based on, By Product Type
-General Drugs & Medicines
-Surgical Goods & Medical Devices
-Chemical Pharma Products
-Bio-Pharma & Specialized Pharma Products
Based on, By Service Type
-Transportation & Freight Forwarding
-Warehousing
-Cross-Docking
-Value Added Services (Inventory management, Packaging, Labelling, etc.)
-Others (Customs Brokerage, Marketing, Call Support)
Based on, By Storage Type
-Refrigerated
-Ultra-frozen (Less than 0°C)
-Chilled (1°C - 10°C)
-Air-conditioned (Above 11°C)
-Ambient
Based on, By Logistics Provider Type
-3PL (Third-Party)
-4PL (Fourth-Party)
-Integrated Logistics
Based on, By End Users
-Hospitals
-Laboratories
-Pharmaceutical companies
-Others
Based on, By Country
-The UAE
-Saudi Arabia
-Qatar
-Oman
-Bahrain
-Kuwait
-Rest of GCC
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Competitive Outlook for the GCC Pharmaceutical Logistics Market to 2028
The research includes a thorough examination of the leading companies in the Industrial GCC Enterprise --Content Management Inc.
-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
It provides detail-driven insights into the fundamentals that have contributed to their success across various geographies as well as other factors that have an impact on the industry's overall growth trajectory. The study also considers their large profits and the tactics they used to stay competitive in the market. However, the following are the main topics of research on the industry's competitive landscape:
-Origin & Business strategies
-Product/Service Offerings
-Prominent Performance Indicators
-Recent Developments
-Risk & SWOT Analysis
-Porter’s Five Forces Analysis
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Key Questions Addressed in the GCC Pharmaceutical Logistics Market Report
- What is the projected size of the GCC Pharmaceutical Logistics Market for the period of 2023-28?
- Which geographic region or market sector holds the highest influence in the GCC Pharmaceutical Logistics Market?
- What are the primary hurdles or challenges hindering the expansion of the GCC Pharmaceutical Logistics Market during the years 2023-28?
- Which emerging trends are expected to offer profitable opportunities for the GCC Pharmaceutical Logistics Market in the future?
- Who are the key players dominating the GCC Pharmaceutical Logistics Market, and what recent developments have they undertaken?
About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals. Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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