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Europe Pharmaceutical Warehousing Market Size (2024 - 2029)

The Europe Pharmaceutical Warehousing Market is projected to experience significant growth, driven by ongoing innovations and the development of energy-efficient warehousing solutions in the pharmaceutical sector. The market's expansion is supported by the increasing manufacturing activities of pharmaceutical companies across the region, particularly in key hubs such as Switzerland, Germany, and Italy. Germany stands out as the largest market in Europe, benefiting from its high-skilled labor force that enhances production and quality. The continuous rise in population and the prevalence of diseases further contribute to the market's growth trajectory, positioning Europe as a major player in the global pharmaceutical landscape.

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Market Size of Europe Pharmaceutical Warehousing Industry

Europe Pharmaceutical Warehousing Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 24.75 Billion
Market Size (2029) USD 36.81 Billion
CAGR (2024 - 2029) > 8.26 %
Market Concentration Low

Major Players

Europe Pharmaceutical Warehousing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Pharmaceutical Warehousing Market Analysis

The Europe Pharmaceutical Warehousing Market size is estimated at USD 24.75 billion in 2024, and is expected to reach USD 36.81 billion by 2029, growing at a CAGR of greater than 8.26% during the forecast period (2024-2029).

The ongoing product innovation & development in the pharma sector and the development of energy-efficient warehousing enhance the opportunity of the global Pharmaceutical Warehousing Market. Switzerland, Germany, and Italy are the leading European hubs for pharmaceutical production (EUR 53.2 billion (USD 56.79 million), EUR 32.3 billion (USD 34.47 million), and EUR 34.3 billion (USD 36.61 million) value, respectively).

Europe is the second-largest biopharmaceutical market in the entire world. The market is ever-expanding because of the rise in population and the persistence of sicknesses.

Germany constitutes the biggest in Europe and the fourth-biggest pharmaceutical market in the world. The high-skilled labor in Germany helps in ramping up production and maintaining quality at the same time.

The growing manufacturing activities from pharmaceutical companies across the European region are preditcted to promote the pharmaceutical logistics market in the region.

In January 2022, a pharmaceutical logistics provider in Spain, MOVIANTO, invested around USD 41.88 million in a new center in Numancia de la Sagra (Toledo), which is expected to almost the company’s capacity in Spain.

Europe Pharmaceutical Warehousing Industry Segmentation

Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. Pharmaceutical Warehousing, therefore, is much more than the simple storage of products. It is an operation that preserves the integrity of drugs that affect health and well-being. Stored goods can include any pharmaceutical drugs raw materials, packing materials, and finished goods associated pharmaceutical sector.

The report sheds light on the market trends like growth factors, restraints, and opportunities in this sector. The competitive landscape of the Europe Pharmaceutical Warehousing Market is depicted through the profiles of active key players. The report also covers the impact of COVID–19 on the market and future projections.

Europe Pharmaceutical Warehousing Market is segmented by type (cold chain warehouse, non-cold chain warehouse), application (pharmaceutical factory, pharmacy, hospital, and others), and geography (Germany, UK, France, Russia, Spain, and the rest of Europe). The report offers market size and forecasts for the Europe Pharmaceutical Warehousing Market in value (USD) for all the above segments.

By Type
Cold Chain Warehouse
Non-Cold Chain Warehouse
By Application
Pharmaceutical Factory
Pharmacy
Hospital
Others
Geography
Europe
Germany
UK
France
Russia
Spain
Rest of Europe
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Europe Pharmaceutical Warehousing Market Size Summary

The European pharmaceutical warehousing market is poised for significant growth, driven by ongoing innovations and the development of energy-efficient storage solutions. As the second-largest biopharmaceutical market globally, Europe benefits from a robust pharmaceutical production base, with Germany, Switzerland, and Italy leading the charge. The region's pharmaceutical logistics sector is expected to expand due to increased manufacturing activities and strategic investments, such as MOVIANTO's new center in Spain. The industry's high value-added per employee and substantial R&D investments underscore its critical role in Europe's economic landscape, although it faces growing competition from emerging markets like China and Korea.

The market is characterized by a fragmented landscape with both global and local players, such as Bio Pharma Logistics, Rhenus SE and Co. KG, and United Parcel Service Inc. These companies are enhancing their market presence through strategic alliances, geographical expansion, and the introduction of advanced cold chain management services. The demand for sophisticated tracking technologies and non-toxic cold chain solutions is rising, driven by the need to maintain product integrity during transport. Recent developments, such as ViaPharma's expansion in the Czech Republic and UPS's acquisition of BomiGroup in Italy, highlight the dynamic nature of the market and the ongoing efforts to strengthen pharmaceutical logistics capabilities across Europe.

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Europe Pharmaceutical Warehousing Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 The rise in demand for outsourcing pharmaceutical warehousing services

      2. 1.2.2 The demand for efficiency, visibility, and product safety from pharmaceutical companies

    3. 1.3 Market Restraints

      1. 1.3.1 Lack of efficient logistics support in emerging economies

    4. 1.4 Market Oppurtunites

      1. 1.4.1 Rise in government initiatives to enhance Pharmaceutical Warehousing

    5. 1.5 Value Chain / Supply Chain Analysis

    6. 1.6 Porter's Five Forces Analysis

      1. 1.6.1 Bargaining Power of Suppliers

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Threat of New Entrants

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Impact of Covid-19 on the market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Cold Chain Warehouse

      2. 2.1.2 Non-Cold Chain Warehouse

    2. 2.2 By Application

      1. 2.2.1 Pharmaceutical Factory

      2. 2.2.2 Pharmacy

      3. 2.2.3 Hospital

      4. 2.2.4 Others

    3. 2.3 Geography

      1. 2.3.1 Europe

        1. 2.3.1.1 Germany

        2. 2.3.1.2 UK

        3. 2.3.1.3 France

        4. 2.3.1.4 Russia

        5. 2.3.1.5 Spain

        6. 2.3.1.6 Rest of Europe

Europe Pharmaceutical Warehousing Market Size FAQs

The Europe Pharmaceutical Warehousing Market size is expected to reach USD 24.75 billion in 2024 and grow at a CAGR of greater than 8.26% to reach USD 36.81 billion by 2029.

In 2024, the Europe Pharmaceutical Warehousing Market size is expected to reach USD 24.75 billion.

Europe Pharmaceutical Warehousing Market Report Snapshots

Europe Pharmaceutical Warehousing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)