Africa Pharmaceutical Logistics Market Is Expected Significant Growth in the Near Future

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

Africa Pharmaceutical Logistics Market Overview

MarkNtel Advisors Research’s comprehensive study of the Africa Pharmaceutical Logistics Market includes detailed geographical insights and a thorough analysis of the competitive landscape. This report offers essential information for companies and investors aiming to leverage the market’s significant potential for growth.

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Africa Pharmaceutical Logistics Market Scope and Methodology

The market study of Africa Pharmaceutical Logistics employs a thorough and comprehensive approach, utilizing both primary and secondary data sources. Quantitative tools are employed to estimate market size, growth rates, and trends, while qualitative methods explore consumer preferences, competitive landscape, and regulatory influences. SWOT analysis and Porter’s Five Forces model are valuable for assessing market dynamics and competitive positioning. This holistic methodology delivers precise insights into the nuances of the Africa Pharmaceutical Logistics industry, offering a robust foundation for strategic planning and informed decision-making.

Driving Innovation: Exploring the Africa Pharmaceutical Logistics Market and its Market Dynamics

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.

Africa Pharmaceutical Logistics Market Segmentation

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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 Africa Pharmaceutical Logistics Market Key Players

-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 questions answered in the Africa Pharmaceutical Logistics Market are:

  • What is Africa Pharmaceutical Logistics?
  • What was the Africa Pharmaceutical Logistics market size?
  • What are the different segments of the Africa Pharmaceutical Logistics Market?
  • What growth strategies are the players considering to increase their presence in Africa Pharmaceutical Logistics?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Africa Pharmaceutical Logistics Market?
  • What major challenges could the Africa Pharmaceutical Logistics Market face in the future? 
  • What segments are covered in the Africa Pharmaceutical Logistics Market?
  • Who are the leading companies and what are their portfolios in Africa Pharmaceutical Logistics Market? 
  • What segments are covered in the Africa Pharmaceutical Logistics Market?
  • Who are the key players in the Africa Pharmaceutical Logistics market?

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