MarkNtel Advisors recently published a detailed industry analysis of The Africa Pharmaceutical Logistics Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Africa Pharmaceutical Logistics Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027

The Africa Pharmaceutical Logistics Market is projected to grow at a CAGR of around 5.13% during the forecast period, 2022-27.

Key Findings in Africa Pharmaceutical Logistics Market:

• Historical Analysis: 2017–2020
• Base Year: 2021 
• Forecast Period: 2022–2027

Leading 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.)

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Africa Pharmaceutical Logistics industry?

Increasing Government Spending on Regional Healthcare- With the deficient presence of healthcare services in the region and the lack of adequate availability of medicated drugs to the residents, the government of Egypt, South Africa, etc., have stressed the need to invest extensively in pharmaceutical drug manufacturing to ensure a constant supply of pharmaceutical products to the consumers. In the period of COVID-19, in 2020, the growth of healthcare-related services & medicines caused a shortage of healthcare products in several countries of Africa.

Furthermore, the increased shortage of medical products & institutions in Africa forced the government to increase its expenditure in the healthcare sector to cope with the growing pandemic. These initiatives can also be seen with the increasing government investments & launch of strategies to boost the availability of healthcare drugs in Africa. For instance:

• In June 2021, the African Finance Ministry & World Bank announced a partnership to support the African Vaccine Acquisition Task Team (AVATT) initiative with resources to allow African countries to purchase & deploy vaccines for up to 400 million people in the region.

Thus, the increase in government spending would lead to surging production & consumption of pharmaceutical products, which would require logistics for efficient delivery, ultimately booming the Pharmaceutical Logistics market.

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What segments define The Africa Pharmaceutical Logistics Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?

By Mode of Transport (Route)

• • Air
  • Road
  • Sea

According to report, Of them all, Roads captured the majority share in the Africa Pharmaceutical Logistics Market, owing to the majority of the countries (Chad, Niger, Central African Republic, Zimbabwe, Botswana, etc.) 

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.)

According to report, Among them, Transportation & freight forwarding has contributed, consequentially, to the total Africa Pharmaceutical Logistics market during the past years. 

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

According to report, Among the three, 3PL held the largest share in the market in 2021, owing to the region consisting of numerous small logistics companies that could cater to the limited logistics needs at a time.

By End Users

• • Hospitals
  • Laboratories
  • Pharmaceutical companies
  • Others (Clinics, Pharmacies, etc.)

Explore the Complete Africa Pharmaceutical Logistics Market Analysis Report – https://www.marknteladvisors.com/research-library/africa-pharmaceutical-logistics-market.html

Geographical Analysis: Africa Pharmaceutical Logistics Market

By Country

• South Africa
• Egypt
• Nigeria
• Algeria
• Morocco
• Rest of Africa

Key Questions Addressed in This Study

• What are the primary factors driving the growth of The Africa Pharmaceutical Logistics Market?
• How is The Africa Pharmaceutical Logistics Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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