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GCC Pharmaceutical Logistics Market Research Report: Forecast (2023-2028)

By Mode of Transport (Route) (Air, Road, Sea), By Product Type (General Drugs & Medicines, Surgical Goods & Medical Devices, Chemical Pharma Products, Bio-Pharma & Specialized Phar......ma 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), By Company (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) Read more

Healthcare
Jan 2023
Pages 211
Report Format: PDF, Excel, PPT

Market Definition

The pharmaceutical industry utilizes logistics services for the overall administration of pharma products, viz., from where they are acquired, stored, & moved. It enables the constant supply of drugs, medicines, healthcare equipment & devices from manufacturers & distributors across different locations. Furthermore, pharmaceutical logistics differ from other logistics chains given the complexity, products, & costs involved.

With the mounting need for pharmaceutical products owing to growing cases of chronic diseases in gulf countries, many regional healthcare institutes have shown active interest in collaborating with pharma manufacturers to extend the drug delivery system across the region. In this regard, the need for a comprehensive & efficient supply chain network would become an opportunity for logistic firms and, in turn, would promote the expansion of the GCC pharmaceutical logistics industry in the coming years.

Market Insights

The GCC Pharmaceutical Logistics Market is likely to grow at a CAGR of around 7% during the forecast period, i.e., 2023-28. The growth of the market is likely to be driven primarily by the rising inclination towards biological drugs and the increasing prevalence of chronic diseases across GCC countries.

Report Coverage	Details
Study Period	Historical Data: 2018-21
	Base Year: 2022
	Forecast Period: 2023-28
CAGR (2023-2028)	7%
Country Covered	The UAE, Saudi Arabia, Qatar, Oman, Bahrain, Kuwait, Rest of GCC
Key Companies Profiled	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
Unit Denominations	USD Million/Billion

The GCC pharmaceutical sector is still in its early phases, with medication manufacturing in its infancy owing to numerous challenges, including the robust foothold of patent drug providers. Most medications used in the GCC region are of foreign origin, as 80% of the pharma products are imported from international companies.

Governments of GCC countries have been backing joint ventures & license agreements with international pharmaceutical enterprises to boost local medicine manufacturing. As a result, the need for pharma logistics has significantly increased across the gulf.

Nevertheless, the extensive local manufacturing by pharma companies like GlaxoSmithKline & Sanofi, a significantly rising demand for medication for chronic diseases, and the launch of logistics services for the pharma industry in the UAE & Saudi Arabia are other crucial aspects projected to drive the market through 2028.

Furthermore, the considerably growing medical tourism in the UAE & Saudi Arabia is another vital factor contributing significantly to the growing demand for pharma logistics in the GCC region. Due to this, the demand for pharmaceutical drugs & medicines is mounting rapidly to suffice the requirements of increasing tourist count.

Impact of the Covid-19 Pandemic on the GCC Pharmaceutical Logistics Market

The Covid-19 pandemic in 2020 pushed various pharmaceutical companies to invest massively in the development of effective vaccines & drugs, with rising expenditure on the logistic sector by pharmaceutical industries to ensure the safety of pharmaceutical products. Moreover, the demand for drugs has been rapidly growing in the current health situation to cure the coronavirus disease.

The surging demand for surgical goods & medical devices like PPE kits, oximeters, face shields, N95 & N99 masks, etc., across the GCC region, owing to their critical use for doctors, nurses, & people, has enabled countries like the UAE, Bahrain, & Saudi Arabia to produce these products locally and supply them both to neighboring countries & internationally. These aspects have fueled the GCC Pharmaceutical Logistics Market amidst the pandemic. For instance:

In 2020, Bahrain set up its first 750 square meter factory to produce 2 million high-standard medical-grade facemasks (N95, 3 million surgical PLY3) to combat coronavirus.

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Impact of IoT on GCC Pharmaceutical Logistics Market
GCC Pharmaceutical Logistics Market Trends & Insights
GCC Pharmaceutical Logistics Market Dynamics
1. Growth Drivers
2. Challenges
GCC Pharmaceutical Logistics Market Hotspot & Opportunities
GCC Pharmaceutical Logistics Market Policies & Regulations
GCC Pharmaceutical Logistics Market Analysis, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
    1. Air
    2. Road
    3. Sea
  2. By Product Type
    1. General Drugs & Medicines
    2. Surgical Goods & Medical Devices
    3. Chemical Pharma Products
    4. Bio-Pharma & Specialized Pharma Products
  3. By Service Type
    1. Transportation & Freight Forwarding
    2. Warehousing
    3. Cross-Docking
    4. Value Added Services (Inventory management, Packaging, Labelling, etc.)
    5. Others (Customs Brokerage, Marketing, Call Support)
  4. By Storage Type
    1. Refrigerated
    2. Ultra-frozen (Less than 0°C)
    3. Chilled (1°C - 10°C)
    4. Air-conditioned (Above 11°C)
    5. Ambient
  5. By Logistics Provider Type
    1. 3PL (Third-Party)
    2. 4PL (Fourth-Party)
    3. Integrated Logistics
  6. By End Users
    1. Hospitals
    2. Laboratories
    3. Pharmaceutical companies
    4. Others
  7. By Country
    1. The UAE
    2. Saudi Arabia
    3. Qatar
    4. Oman
    5. Bahrain
    6. Kuwait
    7. Rest of GCC
  8. By Company
    1. Competition Characteristics
    2. Revenue Shares & Analysis
The UAE Pharmaceutical Logistics Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
  2. By Product Type
  3. By End Users
Saudi Arabia Pharmaceutical Logistics Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
  2. By Product Type
  3. By End Users
Qatar Pharmaceutical Logistics Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
  2. By Product Type
  3. By End Users
Oman Pharmaceutical Logistics Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
  2. By Product Type
  3. By End Users
Bahrain Pharmaceutical Logistics Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
  2. By Product Type
  3. By End Users
Kuwait Pharmaceutical Logistics Market Outlook, 2018-2028F
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Mode of Transport (Route)
  2. By Product Type
  3. By End Users
GCC Pharmaceutical Logistics Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Competition Matrix
  1. Product Portfolio
  2. Target Markets
  3. Target End Users
  4. Manufacturing Units
  5. Research & Development
  6. Strategic Alliances
  7. Strategic Initiatives
2. Company Profiles (Business Description, Product Offering, Business Segments, Financials, Strategic Alliances or Partnerships, Future Plans)
  1. Kuehne+Nagel Middle East
  2. Aramex
  3. Agility
  4. Emirates SkyCargo
  5. Qafila
  6. RHS Logistics
  7. Nawara Transportation & Freight Co.
  8. Kerry Logistics Middle East L.L.C.
  9. Yusen Logistics (Middle East) L.L.C.
  10. Mosanada Logistics Services
  11. Oriental Commercial and Shipping Co. Ltd.
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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