The GCC Pharmaceutical Logistics Market is projected to grow by around 7% CAGR during the forecast period, i.e., 2021-26, cites a recent research study conducted by MarkNtel Advisors. The key highlights of the research report include the industry growth drivers, restraints, opportunities, trends, & extensive insights into the market dynamics amidst the Covid-19 crisis. Besides, a thorough analysis of the GCC Pharmaceutical Logistics Market across various segments, countries, and leading competitors has also been added to the study.
The study provides a predictable market size for 2021 based on demand and price analysis. The report forecasts the GCC Pharmaceutical Logistics market size to 2026 in both the short and long term. The COVID-19 pandemic has had an unfavorable influence on various markets, where small and medium-sized firms are struggling to stay afloat in the short term.
Market Driver : Burgeoning Population to Augment the Demand for Pharma Products
GCC is one of the fastest-growing population regions, thereby likely to witness the booming demand for healthcare services and pharmaceutical products. It owes to the burgeoning need for treating lifestyle diseases and illnesses, thereby indicating the requirement to accelerate the growth of the pharmaceutical logistics market.
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Key points covered in the report:
- GCC Pharmaceutical Logistics Market dynamics, market size, trend analysis, leading market players, opportunities, recent developments.
-Economy synopsis and forecast analysis for 2021-2026.
-The research on GCC Pharmaceutical Logistics Industry includes a detailed analysis of the key market participants.
-Market strategies that are increasingly being used by prominent GCC Pharmaceutical Logistics Companies.
-Assessment of market factors including market growth drivers, significant challengers, inhibitors, and opportunities.
-Strategic profiling of key market players and thorough evaluation of their growth tactics.
-PESTEL Analysis, Porter’s Five Forces Model, Competitors Analysis, Value Chain Analysis, Recommendations and Price Analysis.
The study is beneficial for industry stakeholders in justifying numerous key questions, such as which market segments should be targeted, marketing strategies to be applied, revenue generation techniques, in order to strategize investments and take advantage of market growth.
“We are constantly monitoring the changing dynamics of the Covid-19 outbreak & provide detailed impact analysis on the market”.
Key Companies & Market Share Insights:
Owing to the vast number of major and small-scale manufacturers, the market is extremely concentrated and competitive. Major corporations pursue numerous marketing tactics, such as geographic expansion, in order to boost sales and capitalize on new businesses and markets for new and existing products/services. Major industry players are: 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.
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Market Segmentation includes:
The GCC Pharmaceutical Logistics Market is categorized. This section brings the segmentation statistics and provides insights regarding growing and dominating segments. The data has been represented using charts and graphs to make it reader friendly.
By Mode of Transport (Route)
By Product Type
-General Drugs & Medicines
-Surgical Goods & Medical Devices
-Chemical Pharma Products
-Bio-Pharma & Specialized Pharma Products
By Service Type
-Transportation & Freight Forwarding
-Value Added Services (Inventory management, Packaging, Labelling, etc.)
-Others (Customs Brokerage, Marketing, Call Support)
By Storage Type
-Ultra-frozen (Less than 0°C)
-Chilled (1°C - 10°C)
-Air-conditioned (Above 11°C)
By Logistics Provider Type
By End Users
The study outlines all of the issues that are being faced by GCC Pharmaceutical Logistics Market. This enables the reader to gain a better understanding of the market and grab the lucrative opportunities. The analysts conducted a thorough examination of the current market scenario while concentrating on new business objectives. A comprehensive evaluation of evolving stakeholders’ needs and the entire environment study is included.
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