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

North America Pharmaceutical Warehousing Industry Overview

The market is highly fragmented due to the presence of a large number of international and local pharma logistics companies. These companies are competing fiercely to provide secure supply chain functions as well as cloud-based solutions. Furthermore, the ever-changing nature of pharmaceutical products keeps manufacturers focused on expanding their product range. Several large pharma logistics companies are teaming up to extend their reach and pool their expertise. Big companies are acquiring new technologies and know-how, while smaller vendors are getting the financial and infrastructure support they need.

Some of the major players include Deutsche Post DHL, FedEx Corporation, UPS Healthcare, C.H. Robinson, American Airlines Cargo, McKesson Corporation, etc. Major players in the market are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to remain competitive in the market.

For instance, in September 2022, DHL Supply Chain acquired NTA (New Transport Applications), a company specializing in providing logistics services to the pharmaceutical and healthcare sectors. With more than 20 years of experience in the Mexican market, NTA is a recognized industry player serving more than 80 customers with services, including the storage and transportation of products that require refrigeration and temperature control.