Top 5 EU’s Largest Pharmaceutical Markets with USD 42 Billion Revenue in German Market - Exclusive Report by Mordor Intelligence
Europe Pharmaceutical Logistics Market Overview
The European pharmaceutical logistics market is expected to record a CAGR of more than 4% during the forecast period. Increasing demand for cellular therapies, vaccines, and blood products in the pharmaceutical industry is driving the growth of the European pharmaceutical logistics market. Enhancement in the production rate of biologics, hormone medications, vaccines, complex proteins, and temperature-specific byproducts requiring cold chain shipment also witnessed significant growth in the European pharmaceutical logistics market.
There is a strong and competitive pharmaceutical industry in Europe. The European pharmaceutical logistics market is highly competitive and fragmented. Some of the existing major players in the market include DHL Supply Chain, FedEx, Kuehne + Nagel International AG, United Parcel Service, and CH Robinson. Some of the major domestic players include Eurotranspharma, Centre Specialties Pharmaceutiques, PostNL Pharma & Care, and Trans-o-Flex Schnell-Lieferdienst GmbH.
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Europe Pharmaceutical Logistics Market - Geographical Overview
With over 40 countries, Europe boasts of one of the most diverse logistics sectors globally, with goods transported within and around 45 land borders by air, road, sea, and rail. The logistics sector in Europe is dominated by Germany, the UK, and France. In terms of sea freight, European ports represent vital parts of global supply chains, with ports such as Hamburg, Rotterdam, and Antwerp handling roughly between 118 and 450 million tons of cargo each year.
Germany was the leading pharmaceutical market in Europe, with total revenue of over EUR 42.5 billion in 2020. France and Italy followed with revenues of EUR 31.7 billion and EUR 28 billion, respectively. Spain and Poland rounded off the top five largest EU markets. When the German pharmaceutical market’s revenue is broken down, prescription drugs account for the majority of the revenue. Prescription medication accounted for approximately EUR 32 billion in revenue in 2020. Over fifteen years, the value of pharmaceutical exports from Germany has skyrocketed. The leading destination for these exports is the US, with an export value of over EUR 16 billion, followed by the Netherlands, with a value of over EUR 8 billion.
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Developments in the Europe Pharmaceutical Logistics Market
- In January 2022, logistics and supply chain company DHL Supply Chain announced the addition of 13 new Volvo FH Liquefied Natural Gas (LNG) tractor units to its fleet as part of its GoGreen plan and commitment to finding innovative solutions to reduce its environmental impact.
- In November 2021, Eurotranspharma, a logistics and supply chain company in Europe, acquired Matters SRO, a carrier and long-time partner of Walden Group. Eurotranspharma is continuing its expansion and development strategy by capitalizing on local expertise and adhering to local healthcare market standards.
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List of Key Players in the Europe Pharmaceutical Logistics Market
- DHL Supply Chain
- FedEx
- Kuehne + Nagel International AG
- United Parcel Service Inc.
- CH Robinson Worldwide Inc.
- CEVA Logistics
- DB Schenker
- Agility Logistics
- Eurotranspharma
- CSP
- Trans-o-flex GmbH
- PostNL Pharma & Care
- Astra Logistic Ltd*
*List Not Exhaustive
Mordor Intelligence has segmented the Europe Pharmaceutical Logistics Market based on product, mode of operation, application, mode of transport, and geography:
- Product (Market Size & Forecast based on Value, 2018-2027)
- Generic Drugs
- Branded Drugs
- Mode of Operation (Market Size & Forecast based on Value, 2018-2027)
- Cold Chain Transport
- Non-cold Chain Transport
- Mode Of Transport (Market Size & Forecast based on Value, 2018-2027)
- Air Shipping
- Rail Shipping
- Road Shipping
- Sea Shipping
- Application (Market Size & Forecast based on Value, 2018-2027)
- Biopharma
- Chemical Pharma
- Geography (Market Size & Forecast based on Value, 2018-2027)
- Germany
- UK
- Netherlands
- France
- Italy
- Spain
- Poland
- Belgium
- Sweden
- Rest of Europe
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