MarkNtel Advisors has just released a comprehensive research report on the Africa Pharmaceutical Logistics Market. Tailored to provide valuable insights and assistance to clients navigating this dynamic market, our report addresses the key objectives of predicting trends, gaining a profound understanding of market perspectives, identifying strategic investment opportunities, and evaluating potential business partners. By adopting a meticulous approach, we aim to empower our clients with the information needed to make informed decisions, enabling them to thrive in the ever-evolving landscape of the Africa Pharmaceutical Logistics industry.
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The Africa Pharmaceutical Logistics Market is projected to grow at a CAGR of around 5.13% during the forecast period, 2022-27. Numerous factors backing the market growth have been comprehensively analyzed in the research report, making it feasible for clients to put their best leg forward and ensure they get an edge over competitors. We understand how important data is in this modern world, which is why we have meticulously curated data sheets for each segment of the market.
The Africa Pharmaceutical Logistics market is highly robust and fragmented. Citing this, we have segregated the market into numerous segments, such as
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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These segments are further subdivided into various sub-segments. It is done to identify the sub-segment that is more promising and has the highest market share in order to leverage the maximum profit. Knowing beforehand the lucrative segment of the market would make the client stand out in terms of revenue and sales.
Considering the significance of mergers and partnerships for Africa Pharmaceutical Logistics businesses, our analysts have effectively identified and evaluated potential business partners in the Africa Pharmaceutical Logistics market report. As per the report, the key players in the market are
-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.).
Our report delves deeper in an attempt to offer actionable insights into prospective partners’ reputability, reliability, and capabilities. Clients can make informed decisions regarding partnerships, ensuring their vision is in line with the partnering entities and fostering business objectives within the Africa Pharmaceutical Logistics market.
Taking into account the historical trends, market growth graph, consumer preferences, and other factors, the ascension of the Africa Pharmaceutical Logistics market is inevitable. The market for Africa Pharmaceutical Logistics seems opportunistic during the forecast years of 2022-27, backed by favorable regulations, making the market players thrive in the next five years.
Key Drivers: 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.
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