Africa Pharmaceutical Logistics Market to Grasp Excellent Growth by 2027

MarkNtel Advisors has released a research report on the Africa Pharmaceutical Logistics Market Size, Share, Analysis, Research, Report 2027. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.

Africa Pharmaceutical Logistics Market Insights:

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

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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.

Leading Companies Operating in the Africa Pharmaceutical Logistics Industry:

-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.)

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Africa Pharmaceutical Logistics Market Categorization:

The Africa Pharmaceutical Logistics Market exhibits a high degree of fragmentation, categorizing into distinct segments as follows:

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.)

By Country

-South Africa

-Egypt

-Nigeria

-Algeria

-Morocco

-Rest of Africa

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Frequently Asked Questions (FAQs)

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How do factors such as supply and consumption contribute to the industry landscape?
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Who are the prominent players featured in the Africa Pharmaceutical Logistics Market research report?
What are the projected valuations in USD, and what is the CAGR for the forecasted years?

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