The Business Research Company’s Pharmaceutical Drugs And Biologics Logistics Market Report – Opportunities And Strategies – Global Forecast To 2030
LONDON, GREATER LONDON, UK, January 28, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports
Pharmaceutical logistics companies are encouraging the use of reusable packaging to transport pharmaceutical products. Reusable packaging can be made by combining aluminium-coated polyurethane, semi-active intelligent temperature-controlled containers, vacuum insulated panels and expanded polypropylene containers. Reusable containers result in lower carbon footprints than single-use packaging for pharmaceutical products, especially at high volumes. Reusable temperature-controlled packaging is also cost-efficient as compared to disposable packaging.
An example in TBRC’s pharmaceutical industry report, in 2018, Peli BioThermal, a UK based company that is engaged in providing temperature-controlled, thermally protected packaging and service solutions to the life sciences industry, launched an on demand rental program that allows the clients to receive and return the reusable Credo™ line of temperature-controlled packaging.
The global pharmaceutical drugs and biologics logistics market reached a value of nearly $90.30 billion in 2020, having increased at a compound annual growth rate (CAGR) of 4.1% since 2015. The healthcare logistics market is expected to reach $102.89 billion by 2025, and $130.03 billion by 2030.
The global pharmaceuticals and biologics logistics market is fairly fragmented, with a large number of small players. The top ten competitors in the pharmaceutical drugs market for logistics made up to 21% of the total market in 2019. Major players in the market include FedEx, UPS Inc., Kuehne + Nagel, DB Schenker, and DSV Panalpina.
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