Africa Pharmaceutical Logistics Market Overview:
MarkNtel Advisors recently released a detailed business study on the Africa Pharmaceutical Logistics Market is projected to grow at a CAGR of around 5.13% during the forecast period, i.e., 2022-27. This comprehensive report covers historical data, current market trends, market size, marketing strategies, technological innovations, upcoming technologies, emerging trends and opportunities, as well as advancements in the related industry.
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.
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Insights into Dominant Segments in the Africa Pharmaceutical Logistics Market
The thorough analysis of the Africa Pharmaceutical Logistics Market identifies lucrative opportunities across diverse segments. This meticulous segmentation enables potential investors to make informed decisions aimed at maximizing returns and strategic growth.
-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
- Ambient
-By Logistics Provider Type
- 3PL (Third-Party)
- 4PL (Fourth-Party)
- Integrated Logistics
-By End Users
- Hospitals
- Laboratories
- Pharmaceutical companies
- Others (Clinics, Pharmacies, etc.)
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/africa-pharmaceutical-logistics-market.html
Africa Pharmaceutical Logistics Market Geographical Reach:
The Next Generation Anode Materials Market Geographical Reach assesses the distribution and prominence of consumption, highlighting regions that dominate in terms of market size, volume, and promising future growth prospects.
-By Country
- South Africa
- Egypt
- Nigeria
- Algeria
- Morocco
- Rest of Africa
Prominent Africa Pharmaceutical Logistics Market Competitive Landscape and Their Strategic Outlook
The Prominent Africa Pharmaceutical Logistics Market Competitive Landscape examines key players and their strategic initiatives within the industry. This analysis provides insights into competitive dynamics, business strategies, innovations, and infrastructure investments, forecasting their market presence and trajectory over the coming years.
- 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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Key Questions Addressed in the Report
- Current Market Size and Share: What is the current size and market share of the Africa Pharmaceutical Logistics Market, and what are the growth trends anticipated in the near future?
- Demand Drivers: What factors are driving the demand for Africa Pharmaceutical Logistics, and how are consumer preferences evolving?
- Market Forecast: What is the projected growth trajectory of the Africa Pharmaceutical Logistics Market in terms of size, CAGR, and emerging trends over the next several years?
- Competitive Landscape: Who are the key players in the Africa Pharmaceutical Logistics market, what are their strategies, and how are they positioned to compete effectively?
- Technological Advancements: What technological innovations are shaping the Africa Pharmaceutical Logistics industry, and how are they influencing market dynamics and consumer behavior?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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