Africa Pharmaceutical Logistics Market to Grow at 5.13% CAGR by 2027

Overview of the Africa Pharmaceutical Logistics Market: Key Statistics and Trends:

According to the latest report by MarkNtel Advisors, titled “Africa Pharmaceutical Logistics Market 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.)), The Africa Pharmaceutical Logistics Market is projected to grow at a CAGR of around 5.13% during the forecast period, 2022-27. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.

Africa Pharmaceutical Logistics Market Growth and Scope:

Base Year: 2021

Forecast Period: 2022-27

Historical Data: 2017-20

CAGR (2022-2027): 5.13%

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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.

A Comprehensive Analysis of Leading Companies of Africa Pharmaceutical Logistics Market by MarkNtel Advisors:

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 Africa Pharmaceutical Logistics Market Segmentation:

Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/africa-pharmaceutical-logistics-market.html

-By Service Type

Transportation & Freight Forwarding
Warehousing
Cross-Docking
Value Added Services (Inventory management, Packaging, Labelling, etc.)
Others (Customs Brokerage, Marketing, Call Support, etc.)

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

-By Logistics Provider Type

3PL (third-party)
4PL (fourth-party)
Integrated Logistics

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 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 Storage Type

Refrigerated
Ambient

-By End Users

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

Geographical Analysis

-By Country

South Africa
Egypt
Nigeria
Algeria
Morocco
Rest of Africa

Key Reports Highlights:

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

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Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

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