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GCC Pharmaceutical Logistics Market Poised for Robust Growth, forecasted to Expand at 7% CAGR from 2023-28
MarkNtel Advisors has released its latest report highlighting strong growth in The GCC Pharmaceutical Logistics Market is likely to grow at a CAGR of around 7% during the forecast period, i.e., 2023-28.
Report Coverage
This report offers a comprehensive analysis of the GCC Pharmaceutical Logistics Market, providing valuable insights across historical trends, current dynamics, and future forecasts.
- Base Year: 2022
- Forecast Years: 2023-28
- Historical Years: 2018-21
GCC Pharmaceutical Logistics Market Overview
The major factors responsible for this market growth included the expansion of research laboratories across China and increasing R&D investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending toward research & development, to become a technological powerhouse across the globe.
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GCC Pharmaceutical Logistics Market Segmentation Outlook
The GCC Pharmaceutical Logistics is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:
By Mode of Transport (Route)
- Air
- Road
- Sea
By Product Type
- General Drugs & Medicines
- Surgical Goods & Medical Devices
- Chemical Pharma Products
- Bio-Pharma & Specialized Pharma Products
By Service Type
- Transportation & Freight Forwarding
- Warehousing
- Cross-Docking
- Value Added Services (Inventory management, Packaging, Labelling, etc.)
- Others (Customs Brokerage, Marketing, Call Support)
By Storage Type
- Refrigerated
- Ultra-frozen (Less than 0°C)
- Chilled (1°C - 10°C)
- Air-conditioned (Above 11°C)
- Ambient
By Logistics Provider Type
- 3PL (Third-Party)
- 4PL (Fourth-Party)
- Integrated Logistics
By End Users
- Hospitals
- Laboratories
- Pharmaceutical companies
- Others
By Country
- The UAE
- Saudi Arabia
- Qatar
- Oman
- Bahrain
- Kuwait
- Rest of GCC
GCC Pharmaceutical Logistics Market 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.
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Top GCC Pharmaceutical Logistics Market Brands & Their Strategic Market Positioning
MarkNtel Advisors Research identifies 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 as key players shaping the market landscape.
Key Questions Answered in the Report
- What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
- How the industry has been evolving, and which segments would dominate the market during the forecast period?
- What are the key opportunity areas that companies foresee in the coming years 2028?
- Who are the key players in the market, and what are their competitive strengths?
- What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?
Need tailored data? We offer customized forecasts by region, product segmentation, and competitive intelligence upon request — now with an exclusive special pricing offer – Customized Link –
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