GCC Pharmaceutical Logistics Market Trends: Predicted 7% CAGR by 2028, Assessing Size, Share, Demand, and Competitive Analysis

MarkNtel Advisors has recently published "GCC Pharmaceutical Logistics Market Analysis Share, Growth, Demand, Forecast  2028," a comprehensive research report that provides in-depth analysis of various factors driving the industry's growth across different geographic regions. This report offers reliable insights into the historical, current, and projected trends, in the GCC Pharmaceutical Logistics Market, presented through detailed explanations, tables, and figures. It equips stakeholders with valuable knowledge of the industry dynamics, enabling them to strategize effectively before making investment decisions.

The report indicates that the GCC Pharmaceutical Logistics Market is anticipated to experience a CAGR of approximately 7% during the period of 2023-2028. Our analysis encompasses a thorough examination of various environmental factors, economic and social issues, technological advancements, and other relevant aspects that are crucial for stakeholders during decision-making processes. In order to provide a reliable, accurate, and comprehensive understanding of the industry, our analysts have conducted extensive research utilizing tools such as SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis and Porter's Five Forces Analysis.

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Market Dynamics

Key Driver: Mounting Cases of Chronic Diseases & Unhealthy Eating Habits

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.

The leading market players have grasped lucrative opportunities to place their logistics services by home delivery of medicines, collaborating with hospitals, taking contract logistics agreements, etc. For instance:

·        In April 2020, Bahrain health centers launched chronic disease medicine home delivery to ensure the health, safety, & comfort of patients.

·        In September 2019, Emirates, Pfizer, and the UAE Ministry of Health & Prevention announced the launch of a prevention campaign for chronic diseases to increase health literacy & public awareness for the global health threat of non-communicable diseases. 

Segmenting Success: Unveiling Opportunities in the GCC Pharmaceutical Logistics Market 2023-2028

The GCC Pharmaceutical Logistics Market, characterized by its fragmented nature and numerous subdivisions, is thoroughly examined in the report. We provide detailed insights on each segment and geographical location, empowering stakeholders and industry leaders to comprehend the market dynamics and devise new strategies and investments. Furthermore, by gaining a deeper understanding of the ebb and flow within each segment, investors can make well-informed decisions and expand their production and revenue streams in the coming years. The report focuses on key market dynamics, including recent developments, trends, demand and supply chain analysis, purchase patterns, and product/service pricing, among others, within the following segments:

Based on Mode of Transport (Route)

- Air

- Road

- Sea

Based on Product Type

- General Drugs & Medicines

- Surgical Goods & Medical Devices

- Chemical Pharma Products

- Bio-Pharma & Specialized Pharma Products

Based on Service Type

- Transportation & Freight Forwarding

- Warehousing

- Cross-Docking

- Value Added Services (Inventory management, Packaging, Labelling, etc.)

- Others (Customs Brokerage, Marketing, Call Support)

Based on Storage Type

- Refrigerated

- Ultra-frozen (Less than 0°C)

- Chilled (1°C - 10°C)

- Air-conditioned (Above 11°C)

- Ambient

Based on Logistics Provider Type

- 3PL (Third-Party)

- 4PL (Fourth-Party)

- Integrated Logistics

Based on End Users

- Hospitals

- Laboratories

- Pharmaceutical companies

- Others

Geographically, the GCC Pharmaceutical Logistics Market expands across the following:

- The UAE

- Saudi Arabia

- Qatar

- Oman

- Bahrain

- Kuwait

- Rest of GCC

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Unveiling the Competitive Landscape: Insights into Key Players in the GCC Pharmaceutical Logistics Market 2023-2028

The report provides a comprehensive competitive analysis, highlighting a key aspect of the industry—the existing players. Each player is extensively profiled, covering vital aspects such as business overview, demand and supply chain, key strategies, latest news, product launches, pricing catalog, recent developments, revenue generation, stakes and investments, and trends. These insights aim to assist stakeholders in diversifying and strategizing their investments and participation in the GCC Pharmaceutical Logistics Market, ultimately seeking substantial revenue generation over the forecasted years.

- 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

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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