Latest News- Pharmaceutical Warehousing Market: Pharmaceutical factory is expected to lead the Application segment during 2025-2029

The Pharmaceutical Warehousing Market is being driven by Rise in demand for outsourcing pharmaceutical warehousing services

The Pharmaceutical Warehousing Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 18145.3 million. In the pharmaceutical warehousing market, energy-efficient facilities have emerged as a key trend, offering significant operational improvements and cost savings. These advanced warehouses employ innovative inventory management techniques and value-added services, such as repackaging and quality control testing, through the implementation of sophisticated IT systems and automated processes. Furthermore, the integration of energy-efficient technologies in lighting, cooling, heating, and refrigeration systems enhances operational efficiency, lowers operating costs, and boosts profitability. Advanced technologies also contribute to a more comfortable working environment, thereby reducing employee turnover. Energy savings of up to 50% can be achieved through the adoption of energy-saving techniques, such as efficient fittings, lamps, and pumps. Consequently, these factors are expected to positively influence the growth of the pharmaceutical warehousing market during the forecast period. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Pharmaceutical factory
  • Pharmacy
  • Hospital
• Service
  • Non-cold chain warehousing
  • Cold chain warehousing
• Service Type
  • Storage
  • Distribution
  • Inventory management
  • Packaging
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in demand for outsourcing pharmaceutical warehousing services
• Increased focus on quality and product sensitivity in pharma industry
• Automation at warehouses to increase efficiency and accuracy

However, the market also witnesses some limitations, which are as follows:

• Capital-intensive business
• Lack of efficient logistics support in emerging nations
• Environmental challenges and stringent government laws

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Market Scope in Pharmaceutical Warehousing Market Research Report

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Research Analysis Overview

The Pharmaceutical Warehousing Market encompasses various modes, including temperature-controlled and non-controlled storage solutions. Temperature-controlled warehouses, such as cold chain warehouses, are crucial for storing sensitive pharmaceutical products like vaccines in the DR Congo and other regions. Inventory management is a key focus, with RFID tags and professional opinions shaping perspectives. Industry statements and product literature outline strategies for expansions, with CEVA Logistics' Ceva Chill Hub in Haridwar Industrial Estate being an example. Last-mile delivery from port of origin is also a significant consideration. Pharmaceutical warehousing caters to hospitals and clinics, with cold chain products playing a vital role. Akums and CEVA Logistics are notable players in this market.

Market Research Overview

The pharmaceutical warehousing sector is a significant segment of the global logistics industry, encompassing temperature-controlled storage solutions and inventory management services. Two primary modes exist: cold chain warehouses, essential for maintaining specific temperature ranges to preserve temperature-sensitive pharmaceuticals, and non-cold chain warehouses, suitable for storing non-perishable medications. Key consumers include hospitals and clinics. According to Technavio, the global air freight and logistics market, which includes pharmaceutical warehousing, is projected to grow due to increasing cross-border e-commerce activities, necessitating efficient and reliable logistics services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/