Biopharmaceutical Third Party Logistics Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Global Biopharmaceutical Third Party Logistics Market size was valued at USD 100.23 billion in 2021 and is expected to hit over USD 159.86 billion by 2028 and growing at a CAGR of 5% from 2022 to 2028.

Biopharmaceutical Third Party Logistics (3PL) refers to services that pharmaceutical companies outsource through third-party organizations. This includes warehousing small molecule drugs, vaccines, biologics and other medical products to warehouses, fulfilling orders and processing commodity inventories through warehouse management systems. 3PL helps pharmaceuticals and healthcare organizations maintain logistics for the delivery of medical therapies and minimize unnecessary overhead to lower drug prices, ensure uninterrupted product supply, improve transportation services and improve the overall efficiency of their organizations.

Market Segments

By Service Type

• Warehousing & Storage
• Transportation
  • Sea Freight
  • Overland
  • Air Freight
• Others

By Supply Chain

• Cold Chain
• Non-Cold Chain

Key Players

Some of the key players are Agility Logistics, AmerisourceBergen Corporation, DB Schenker (Deutsche Bahn), DHL International GmbH (Deutsche Post), FedEx Corporation, Kerry Logistics Network Limited, Kuehne + Nagel International AG, McKesson Corporation, SF Express Co. Ltd. and United Parcel Service of America Inc.

Scope of the Report

The research study analyzes the global Biopharmaceutical Third Party Logistics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Biopharmaceutical Third Party Logistics Market Report

1. What was the Biopharmaceutical Third Party Logistics Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Biopharmaceutical Third Party Logistics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Biopharmaceutical Third Party Logistics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.