MarkNtel Advisors is dedicated to delivering in-depth & comprehensive market research study. Their reports are known for providing unbiased information. Recently, they published a report on the Africa Pharmaceutical Logistics Market Size, Share, Analysis, Trends, Analysis Forecast 2022-2027. which offers a thorough analysis of the industry. The report covers various aspects such as strategies, key trends, regional landscape, growth dynamics, lucrative profit opportunities, competitors, and more.
What do We Strive, to Deliver an Extensive Africa Pharmaceutical Logistics Market Research Report?
- Our team is dedicated to providing comprehensive industry information, current trends, and significant drivers through reliable research resources.
- Through a combination of primary & secondary research, our well-crafted report showcases recent changes & developments that can impact the market positively or negatively.
- This study covers latest innovations & upgradation of the product/service, costing, gross margin, market size & share, revenue, and several other crucial things.
- Additionally, our team of researchers has established specific parameters for the study, including:
- Historical Period: 2017-20
- Base Year: 2021
- Forecast Years: 2022-27
- Units: USD Million/Billion
- We delve into the latest product/service innovations, upgrades, costing, gross margin, market size and share, revenue, and other crucial aspects.
- We closely monitor recent breakthroughs and advancements by manufacturers or developers, identify potential end-users, and highlight any obstacles that could hinder market expansion.
To validate our hypotheses and findings about the market ecosystem, we have conducted a detailed Porter's five forces analysis.
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Let’s Run Through the Africa Pharmaceutical Logistics Market Insights to Have a Clear View
The Africa Pharmaceutical Logistics Market is projected to grow at a CAGR of around 5.13% during the forecast period, 2022-27. The major factor contributing to the growth has been the growing pharmaceutical manufacturing in the region due to rising investments by global pharmaceutical & biopharmaceutical companies. Moreover, the local manufacturing of pharma products leads to an increased demand for logistics services in countries such as South Africa, Nigeria, and Algeria, among others.
Examining the Top Competitors of the Africa Pharmaceutical Logistics Market Size:
In this section, we will explore the Africa Pharmaceutical Logistics Market from a competitive perspective, providing information on company profiles, financials, resources, key initiatives, R&D investments, strengths, weaknesses, and more. Leading companies in the market often form partnerships & collaborations to engage in joint venture programs, facilitating efficient resource sharing & goal achievement. Now, let's delve into the details & acquaint ourselves with these market players.
-UbiPharm
-Swift Logistics
-Imperial Logistics
-DSV
-DHL South Africa
-Kuehne+Nagel
-JAS South Africa
-Alloga
-Bollore Logistics
-DB Schenker
-Others (Noatum Logistics, Rhenus Logistics, etc.)
Potential Challenges: Limitations in Supply Chain Infrastructure
The pharmaceutical market of Africa is micro-fragmented & accounts for about 2%-3% of the global pharmaceutical market, excluding the evolving South African market. The constant shortage of storage capacity, poor road infrastructure, fragmented airline routes, and limited airfreight connections have contributed significantly to a reduction in the revenue of logistics providers. Furthermore, security risks prevalent in Africa's supply chain due to in-efficient infrastructure are pharma thefts & the sale of sub-standard counterfeit product brands. According to the International Criminal Police Organization (INTERPOL), as of April 2020, more than 61,000 respiratory masks & one artificial respirator were reported to be stolen during transit & manufacturing in Morocco.
According to Transported Asset Protection Association (TAPA), the top five incidents from where the theft has taken place in the region are theft from a vehicle (77%), theft of a vehicle (5%), hijacking (4%), a theft from the trailer (4%), and theft of trailer (3%). Moreover, the lack of drug regulations in the region is hampering the healthcare operation leading to a costly distribution of medicine with only a few drug companies registering their medicines in African countries.
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Unraveling the Africa Pharmaceutical Logistics Market Segmentation Analysis
Every industry has a prominent presence, offering investors & stakeholders opportunities to achieve profitable returns. This section of the report provides comprehensive information on various market segments & their subdivisions. Here, we aim to educate consumers about the roles & impacts of each category in shaping the Africa Pharmaceutical Logistics Market size, share, growth, analysis trends. Continue reading to discover more about these market divisions:
-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, etc.)
-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 (Clinics, Pharmacies, etc.)
Analyzing the Africa Pharmaceutical Logistics Market Geographical Landscape
As the industry continues to evolve, it actively explores various regional & national markets. In the geographical segment of the report, we delve into every intricate aspect of the market, focusing on the specific breakdown by region & country. So, let's embark on a journey aboard an airplane & explore the diverse geographies of the Africa Pharmaceutical Logistics Market.
Geographically, the industry expands across:
-By Country
-South Africa
-Egypt
-Nigeria
-Algeria
-Morocco
-Rest of Africa
Key Questions Addressed in the Africa Pharmaceutical Logistics Market Research Report:
- What is the estimated size, share, & CAGR of the Africa Pharmaceutical Logistics Marketin the forecast period?
- What are the key trends projected to impact the Africa Pharmaceutical Logistics Marketduring 2022-27?
- What are the different segments & sub-segments considered in the Africa Pharmaceutical Logistics Marketresearch study?
- Who are the key stakeholders and players participating in the Africa Pharmaceutical Logistics Market?
- What would be the demand for different types of products/services in the Africa Pharmaceutical Logistics Market through 2027?
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Note: The Africa Pharmaceutical Logistics Market can further be customized with multi-dimensional, deep-level, & high-quality insights as per the specific requirements of clients to help them garner the industry's prospects, effortlessly encounter market challenges, adequately formulate different strategies, and make sound decisions to remain competitive in the market.
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