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INDIA PHARMACEUTICAL LOGISTICS MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

India Pharmaceutical Logistics Market by Product (Branded Drugs, Generic Drugs, OTC) Market by Therapy Area (Communicable Diseases, Oncology, Diabetes, Cardiovascular Diseases, Autoimmune Diseases, Neurological Disorders, Pain Management, Respiratory Diseases, Other Therapy Areas) Market by Type (Non-cold Chain Logistics, Cold Chain Logistics) Market by Component (Storage, Transportation, Monitoring Components)


MARKET OVERVIEW

The India pharmaceutical logistics market is expected to grow at a CAGR of 9.00% over the forecast period of 2024-2032. It is positioned to reach a revenue of $7613.70 million by 2032

The India pharmaceutical logistics market is experiencing significant transformations, driven by several key trends. One notable transition is the expansion of ocean freight services, which is significantly shaping the industry’s logistics landscape. Ocean freight offers cost-effective and scalable transportation solutions, particularly for bulk shipments of pharmaceutical products. This expansion enables pharmaceutical companies to access global markets more efficiently, manage transportation costs effectively, and optimize supply chain routes. It reflects the globalization of pharmaceutical supply chains and underscores the strategic importance of ocean freight in meeting growing demand and market expansion strategies.

The rise in consumer preference for over-the-counter (OTC) medicines is influencing pharmaceutical logistics strategies in India. This shift is driven by increased health awareness, convenience in accessing OTC products, and self-care practices among consumers. Consequently, pharmaceutical logistics providers are adapting their services to meet the growing demand for efficient distribution of OTC medicines. This includes streamlined inventory management, timely deliveries to retail outlets, and compliance with regulatory requirements for handling OTC products. The trend highlights the evolving dynamics of the market, emphasizing the importance of meeting consumer preferences for success.

India Pharmaceutical Logistics Market

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Additionally, monitoring pharmaceutical logistics operations has become a focus area in India. With the complexity of supply chains and the critical nature of pharmaceutical products, monitoring is crucial for ensuring transparency, reducing risks, and optimizing logistics processes. Companies are investing in technologies such as real-time tracking systems, IoT sensors, and data analytics to enhance visibility, traceability, and compliance across their logistics operations. This emphasis on monitoring reflects a broader industry trend toward digitalization and data-driven decision-making in pharmaceutical logistics, driving improvements in efficiency and reliability.

The India pharmaceutical logistics market segmentation incorporates the market by product, therapy area, type, and component. The component segment is further divided into storage, transportation, and monitoring components. The storage component of pharmaceutical logistics encompasses facilities and infrastructure dedicated to storing pharmaceutical products. This includes warehouses, cold storage facilities, and temperature-controlled environments. The storage component is crucial for maintaining the integrity and efficacy of pharmaceuticals, especially those that are temperature-sensitive or require specific storage conditions. Proper storage facilities ensure that pharmaceutical products remain stable and safe until they are ready for distribution and use.

On the other hand, pharmaceutical logistics’s transportation component focuses on the movement of products from manufacturing facilities to distribution centers, pharmacies, hospitals, and other points of delivery. This includes various modes of transportation such as road, air, sea, and rail. Efficient transportation is essential for timely deliveries, minimizing transit times, reducing logistics costs, and ensuring that pharmaceutical products reach their destination in optimal condition.

The monitoring components in pharmaceutical logistics integrate hardware like sensors, telematics, and data loggers with advanced software solutions to track parameters such as temperature and location in real time. This technology ensures product integrity by continuously monitoring storage conditions, enabling immediate corrective actions if deviations occur. It also facilitates regulatory compliance through detailed data recording and analysis, contributing to efficient logistics operations and supply chain management. Hence, effective management of these components is essential for ensuring the safe, timely, and reliable distribution of pharmaceutical products in India. 

Some of the leading players in the India pharmaceutical logistics market include DSV, Agility Logistics, DB Schenker, Deutsche Post AG, FedEx, Kuehne + Nagel, etc. 

Agility, headquartered in Sulaibiya, Kuwait, is involved in warehouse construction, management, and leasing and offers transportation, distribution, and customs services. Its logistics segment covers freight forwarding, contract logistics, transportation, and event logistics. The infrastructure segment includes real estate, ground handling, customs operations, and waste recycling. Agility operates globally, with a substantial logistics revenue share from the Middle East and listings on the Boursa Kuwait and Dubai Stock Exchange.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments Analyzed
Product, Therapy Area, Type, and Component
Countries AnalyzedIndia
Companies AnalyzedAgility Logistics, Cencora (AmerisourceBergen), AP Moller – Maersk, Cardinal Health, CEVA Logistics, DB Schenker, Deutsche Post AG, DSV, FedEx, Kuehne + Nagel

TABLE OF CONTENTS

  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. COUNTRY SNAPSHOT
    3. COUNTRY ANALYSIS 
    4. SCOPE OF STUDY
    5. CRISIS SCENARIO ANALYSIS
    6. MAJOR MARKET FINDINGS
      1. BRANDED DRUGS ARE THE MOST COMMONLY USED PRODUCTS IN THE PHARMACEUTICAL LOGISTICS MARKET
      2. COMMUNICABLE DISEASES HOLD THE LARGEST MARKET SHARE IN THE THERAPY AREA
      3. COLD CHAIN LOGISTICS IS THE FASTEST-GROWING TYPE WITHIN THE PHARMACEUTICAL LOGISTICS MARKET
      4. MONITORING OF PHARMACEUTICAL LOGISTICS OPERATIONS IS INCREASINGLY BECOMING A FOCUS AREA
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. RISING NEED FOR TEMPERATURE-CONTROLLED SOLUTIONS IN PHARMACEUTICALS
      2. EXPANSION OF OCEAN FREIGHT SERVICES IN PHARMACEUTICAL INDUSTRY
      3. RISE IN CONSUMER PREFERENCE FOR OVER-THE-COUNTER MEDICINES
      4. SURGE IN PHARMACEUTICAL LOGISTICS DURING THE INDIA COVID-19 PANDEMIC
    2. KEY RESTRAINTS
      1. RIGOROUS REGULATORY REQUIREMENTS IN PHARMACEUTICAL LOGISTICS
      2. ENSURING REAL-TIME TRANSPARENCY AND RELIABILITY IN PHARMACEUTICAL LOGISTICS
  4. KEY ANALYTICS
    1. KEY MARKET TRENDS
      1. SURGE IN DEMAND FOR CELL & GENE THERAPY LOGISTICS
      2. REVOLUTIONIZING PHARMACEUTICAL LOGISTICS THROUGH DIGITAL TRANSFORMATION
      3. INCREASING CLINICAL TRIALS LOGISTICS DEMANDS
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR INDIA
    4. MARKET CONCENTRATION ANALYSIS
    5. VALUE CHAIN ANALYSIS
      1. MANUFACTURING
      2. STORAGE
      3. TRANSPORTATION
      4. DISTRIBUTION
      5. MONITORING COMPONENTS
      6. CONSUMPTION
    6. KEY BUYING CRITERIA
      1. TYPE OF LOGISTICS
      2. SERVICES OFFERED
      3. MODE OF TRANSPORTATION
      4. APPLICATION
      5. REGULATORY COMPLIANCE
      6. TECHNOLOGICAL CAPABILITIES
      7. COST
      8. RELIABILITY
      9. AGILITY
  5. MARKET BY PRODUCT
    1. BRANDED DRUGS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. GENERIC DRUGS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. OTC
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY THERAPY AREA
    1. COMMUNICABLE DISEASES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. ONCOLOGY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. DIABETES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. CARDIOVASCULAR DISEASES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    5. AUTOIMMUNE DISEASES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    6. NEUROLOGICAL DISORDERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    7. PAIN MANAGEMENT
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    8. RESPIRATORY DISEASES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    9. OTHER THERAPY AREAS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY TYPE
    1. NON-COLD CHAIN LOGISTICS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. COLD CHAIN LOGISTICS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. MARKET BY COMPONENT
    1. STORAGE
      1. WAREHOUSE
        1. MARKET FORECAST FIGURE
        2. SEGMENT ANALYSIS
      2. REFRIGERATED CONTAINERS
        1. MARKET FORECAST FIGURE
        2. SEGMENT ANALYSIS
    2. TRANSPORTATION
      1. OVERLAND LOGISTICS
        1. MARKET FORECAST FIGURE
        2. SEGMENT ANALYSIS
      2. SEA FREIGHT LOGISTICS
        1. MARKET FORECAST FIGURE
        2. SEGMENT ANALYSIS
      3. AIR FREIGHT LOGISTICS
        1. MARKET FORECAST FIGURE
        2. SEGMENT ANALYSIS
    3. MONITORING COMPONENTS
      1. HARDWARE
        1. SENSORS
          1. MARKET FORECAST FIGURE
          2. SEGMENT ANALYSIS
        2. RFID DEVICES
          1. MARKET FORECAST FIGURE
          2. SEGMENT ANALYSIS
        3. TELEMATICS
          1. MARKET FORECAST FIGURE
          2. SEGMENT ANALYSIS
        4. NETWORKING DEVICES
          1. MARKET FORECAST FIGURE
          2. SEGMENT ANALYSIS
      2. SOFTWARE
        1. MARKET FORECAST FIGURE
        2. SEGMENT ANALYSIS
  9. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIPS & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. AGILITY LOGISTICS
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      2. AP MOLLER – MAERSK
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      3. CARDINAL HEALTH
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      4. CENCORA (AMERISOURCEBERGEN)
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      5. CEVA LOGISTICS
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      6. DB SCHENKER
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      7. DEUTSCHE POST AG
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      8. DSV
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      9. FEDEX
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES
      10. KUEHNE + NAGEL
        1. COMPANY OVERVIEW
        2. PRODUCT PORTFOLIO
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: MARKET SNAPSHOT – PHARMACEUTICAL LOGISTICS

TABLE 2: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 3: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY PRODUCT, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 4: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY THERAPY AREA, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 5: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY THERAPY AREA, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 6: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 7: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 8: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY COMPONENT, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 9: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY COMPONENT, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 10: INDIA STORAGE MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 11: INDIA STORAGE MARKET, BY SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 12: INDIA TRANSPORTATION MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 13: INDIA TRANSPORTATION MARKET, BY SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 14: INDIA MONITORING COMPONENTS MARKET, BY SERVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 15: INDIA MONITORING COMPONENTS MARKET, BY SERVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 16: INDIA HARDWARE MARKET, BY HARDWARE TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 17: INDIA HARDWARE MARKET, BY HARDWARE TYPE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 18: LIST OF MERGERS & ACQUISITIONS

TABLE 19: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 20: LIST OF PARTNERSHIPS & AGREEMENTS

TABLE 21: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY MARKET TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR INDIA

FIGURE 4: MARKET CONCENTRATION ANALYSIS

FIGURE 5: VALUE CHAIN ANALYSIS

FIGURE 6: KEY BUYING CRITERIA

FIGURE 7: INDIA PHARMACEUTICAL LOGISTICS MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2023

FIGURE 8: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY BRANDED DRUGS, 2024-2032 (IN $ MILLION)

FIGURE 9: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY GENERIC DRUGS, 2024-2032 (IN $ MILLION)

FIGURE 10: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY OTC, 2024-2032 (IN $ MILLION)

FIGURE 11: INDIA PHARMACEUTICAL LOGISTICS MARKET, GROWTH POTENTIAL, BY THERAPY AREA, IN 2023

FIGURE 12: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY COMMUNICABLE DISEASES, 2024-2032 (IN $ MILLION)

FIGURE 13: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY ONCOLOGY, 2024-2032 (IN $ MILLION)

FIGURE 14: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY DIABETES, 2024-2032 (IN $ MILLION)

FIGURE 15: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY CARDIOVASCULAR DISEASES, 2024-2032 (IN $ MILLION)

FIGURE 16: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY AUTOIMMUNE DISEASES, 2024-2032 (IN $ MILLION)

FIGURE 17: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY NEUROLOGICAL DISORDERS, 2024-2032 (IN $ MILLION)

FIGURE 18: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY PAIN MANAGEMENT, 2024-2032 (IN $ MILLION)

FIGURE 19: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY RESPIRATORY DISEASES, 2024-2032 (IN $ MILLION)

FIGURE 20: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY OTHER THERAPY AREAS, 2024-2032 (IN $ MILLION)

FIGURE 21: INDIA PHARMACEUTICAL LOGISTICS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2023

FIGURE 22: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY NON-COLD CHAIN LOGISTICS, 2024-2032 (IN $ MILLION)

FIGURE 23: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY COLD CHAIN LOGISTICS, 2024-2032 (IN $ MILLION)

FIGURE 24: INDIA PHARMACEUTICAL LOGISTICS MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2023

FIGURE 25: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY STORAGE, 2024-2032 (IN $ MILLION)

FIGURE 26: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY WAREHOUSE, 2024-2032 (IN $ MILLION)

FIGURE 27: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY REFRIGERATED CONTAINERS, 2024-2032 (IN $ MILLION)

FIGURE 28: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY TRANSPORTATION, 2024-2032 (IN $ MILLION)

FIGURE 29: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY OVERLAND LOGISTICS, 2024-2032 (IN $ MILLION)

FIGURE 30: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY SEA FREIGHT LOGISTICS, 2024-2032 (IN $ MILLION)

FIGURE 31: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY AIR FREIGHT LOGISTICS, 2024-2032 (IN $ MILLION)

FIGURE 32: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY MONITORING COMPONENTS, 2024-2032 (IN $ MILLION)

FIGURE 33: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY HARDWARE, 2024-2032 (IN $ MILLION)

FIGURE 34: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY SENSORS, 2024-2032 (IN $ MILLION)

FIGURE 35: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY RFID DEVICES, 2024-2032 (IN $ MILLION)

FIGURE 36: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY TELEMATICS, 2024-2032 (IN $ MILLION)

FIGURE 37: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY NETWORKING DEVICES, 2024-2032 (IN $ MILLION)

FIGURE 38: INDIA PHARMACEUTICAL LOGISTICS MARKET, BY SOFTWARE, 2024-2032 (IN $ MILLION)

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