Market Share of Vaccine Logistics Industry
The vaccine logistics market is fragmented and is dominated by international companies, such as Yamato, Deutsche Post DHL Group, and Nippon Express. These international companies are focusing on expansion strategies through acquisitions. Their strong presence helps them expand in the market more easily than the smaller players.
With the COVID-19 pandemic, the market is expected to experience an increased demand for refrigerated warehouses, fast and controlled delivery services, and the bulk transportation of vaccines, backed by the increasing government investment providing opportunities to the players in the market to expand their reach and efficiency in the long run.
Vaccine Logistics Market Leaders
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DHL Global Forwarding
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AllCargo Logistics
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American Airlines
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DB Schenker
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FedEx Corporation
*Disclaimer: Major Players sorted in no particular order