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Germany Pharmaceutical Warehousing Market Size (2024 - 2029)

The Germany Pharmaceutical Warehousing Market is projected to experience significant growth over the forecast period, with its market size expanding steadily. The demand for warehousing space is driven primarily by distribution and logistics companies, alongside retailers, indicating a robust need for logistics infrastructure. Key logistics regions across Germany, including major cities, play a crucial role in accommodating this demand. Despite challenges such as space shortages and rising construction costs impacting prime rents, the market's expansion reflects a positive trend in the pharmaceutical warehousing sector.

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Market Size of Germany Pharmaceutical Warehousing Industry

Germany Pharmaceutical Warehousing Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 4.23 Billion
Market Size (2029) USD 5.46 Billion
CAGR (2024 - 2029) > 5.25 %
Market Concentration Medium

Major Players

Germany Pharmaceutical Warehousing Market Major Players

*Disclaimer: Major Players sorted in no particular order

Germany Pharmaceutical Warehousing Market Analysis

The Germany Pharmaceutical Warehousing Market size is estimated at USD 4.23 billion in 2024, and is expected to reach USD 5.46 billion by 2029, growing at a CAGR of greater than 5.25% during the forecast period (2024-2029).

The German market for warehousing and logistics space recorded a total take-up result of around 8.5 million sq m in 2022. Most demand for space came from distribution/logistics companies, with 34%, followed by retailers with 29%.

The main logistics regions in Germany are Hamburg, Berlin, Hannover, Münster, Bremen, Leipzig, Kassel, Düsseldorf, Frankfurt, Nuremberg, Mannheim, Karlsruhe, Stuttgart, and Munich.

Besides the shortage of space, increased construction costs were a major factor behind the rise in prime rents for warehousing space larger than 5,000 sq m in all Big 5 regions over the last twelve months.

Although the second half of 2022 was weaker than the first in terms of take-up, 2022 as a whole was very successful for the Berlin market. Around 1,119,300 sq m of warehousing and logistics space was taken up in lettings and owner-occupier deals, up 82% on the previous year (615,900 sq m).

The industry ranking in 2022 as a whole was led by manufacturing with 43%. Retailers and E-commerce companies followed in second place with 28%. It is due to the conclusion of a number of deals, including lettings by Sonepar of around 41,300 sq m and Lidl of around 39,000 sq m in Werder, and the deal struck by Picnic in Ludwigsfelde (approx. 32,000 sq m). The largest deals in the distribution/logistics sector were concluded by Schnellecke Logistics in Rangsdorf, with around 32,700 sq m, and VAH Jager in Oberkrämer, with around 30,000 sq m.

Germany 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 Germany 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.

Germany Pharmaceutical Warehousing Market is segmented by type (cold chain warehouse and non-cold chain warehouse) and application (pharmaceutical factory, pharmacy, hospital, and others). The report offers market size and forecasts for the Germany 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
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Germany Pharmaceutical Warehousing Market Size Summary

The Germany Pharmaceutical Warehousing Market is poised for significant growth, driven by the country's robust pharmaceutical and biotechnology sectors. As a leader in Europe's e-commerce and pharmaceutical industries, Germany offers a dynamic environment for warehousing and logistics operations. The market is characterized by a mix of global and local players, with major companies like XPO Logistics Inc., GXO Logistics, and Wagner Group GmbH playing pivotal roles. The fragmented nature of the market is further enhanced by strategic alliances, mergers, and acquisitions, such as GEODIS's acquisition of trans-o-flex, which bolsters its capabilities in temperature-controlled pharmaceutical logistics. The market's expansion is supported by Germany's strong export performance in pharmaceuticals, contributing significantly to the country's trade balance and economic growth.

The demand for pharmaceutical warehousing in Germany is influenced by the country's digital transformation initiatives in healthcare, which prioritize e-health strategies and the integration of digital solutions like e-prescriptions and online booking systems. This digital shift is expected to increase the demand for efficient logistics and warehousing solutions to support the distribution of pharmaceutical products. The market's growth is also fueled by the increasing need for refrigerated transport to monitor imports and exports, ensuring compliance with stringent regulatory standards. As the pharmaceutical industry continues to invest heavily in research and development, the warehousing sector is set to benefit from the rising demand for advanced logistics solutions that cater to the evolving needs of the healthcare market.

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Germany 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 Increased focus on quality and product sensitivity in the pharma industry

      2. 1.2.2 Automation at warehouses to increase efficiency and accuracy

    3. 1.3 Market Restraints

      1. 1.3.1 Lack of efficient logistics support

    4. 1.4 Market Oppurtunites

      1. 1.4.1 Rise in government initiatives to enhance Pharmaceutical Warehousing

      2. 1.4.2 Increasing Pharmaceutical product innovation and Development

    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

Germany Pharmaceutical Warehousing Market Size FAQs

The Germany Pharmaceutical Warehousing Market size is expected to reach USD 4.23 billion in 2024 and grow at a CAGR of greater than 5.25% to reach USD 5.46 billion by 2029.

In 2024, the Germany Pharmaceutical Warehousing Market size is expected to reach USD 4.23 billion.

Germany Pharmaceutical Warehousing Market Report Snapshots

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