The Current State of the Africa Pharmaceutical Logistics Market

 

Africa Pharmaceutical Logistics Market research report by Markntel Advisors is an accurate, unbiased, and reliable comprehension and study of data obtained from trustworthy and factual sources to equip the stakeholder with a well-researched and detail-driven report regarding the fluctuations in the industry.

The report aims to provide detailed information about the nooks and crannies of the industry and scrutinize all the industry’s features, factors, and elements that promise fluctuations to the market growth, including possible restraints points and more.

The Key Points Covered in The Report:

The report is compiled systematically and methodically, with each section neatly covering its essence and influence in the market. Likewise, the report provides a credible selection of market dynamics consisting of the following major pillars of the industry’s study.

  • Market Drivers
  • Market Restraints
  • Growth Opportunities
  • Challenges

A separate section to provide the impact of COVID-19 on the market to better grasp the fluctuation during and after the pandemic. 

Elaborated information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, technological advancement, the further scope for improvement, applications, and more. 

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Dynamics of Market -

Market Geographical Dividation – The research report geographically covers: -

·          South Africa

·          Egypt

·          Nigeria

·          Algeria

·          Morocco

·          Rest of Africa

Market Driver: Increasing Government Spending on Regional Healthcare

With the deficient presence of healthcare services in the region and the lack of adequate availability of medicated drugs to the residents, the government of Egypt, South Africa, etc., have stressed the need to invest extensively in pharmaceutical drug manufacturing to ensure a constant supply of pharmaceutical products to the consumers. In the period of COVID-19, in 2020, the growth of healthcare-related services & medicines caused a shortage of healthcare products in several countries of Africa.

Market Growth Restraints: 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.

Analysis of Market Leading Companies

This report section covers the area in combination with an exhaustive compilation of the key players and market participants in the market, fuelling, stimulating, and regulating the industry. In addition, the report covers the business strategies, plans, initiatives, profit/loss study, mergers & acquisitions, product launches, modifications, and more to equip the stakeholder with calculative tools towards yielding higher profits. Thus, for the Africa Pharmaceutical Logistics market, the top market participants include: -

·          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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Segmental Division of the Market

The market is highly divaricated and bifurcates into various segments. These bifurcations are represented in the report grouped on the basis of a common element, and thus further investigation is performed. Furthermore, the report provides data on each high-performer segment in each group of features and information about the reasons behind the part acquiring a higher share or flourishing more in the industry. Thus, a deep analysis of various market elements is presented by categorizing the segments. As a result, the market is spread in the following:

By Mode of Transport (Route)

o    Air

o    Road

o    Sea

By Product Type

o    General Drugs & Medicines

o    Surgical Goods & Medical Devices

o    Chemical Pharma Products

o    Bio-Pharma & Specialized Pharma Products

By Service Type

o    Transportation & Freight Forwarding

o    Warehousing

o    Cross-Docking

o    Value Added Services (Inventory management, Packaging, Labelling, etc.)

o    Others (Customs Brokerage, Marketing, Call Support, etc.)

By Storage Type

o    Refrigerated

§   Ultra-frozen (Less than 0°C)

§   Chilled (1°C - 10°C)

§   Air-conditioned (Above 11°C)

o    Ambient

By Logistics Provider Type

o    3PL (Third-Party)

o    4PL (Fourth-Party)

o    Integrated Logistics

By End Users

o    Hospitals

o    Laboratories

o    Pharmaceutical companies

o    Others (Clinics, Pharmacies, etc.)

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The analysts provide customization offers, so the stakeholder can customize and personalize the report to their needs and wants. The analysts focus on the required elements and sculpt the study according to the wishes of the stakeholders. Additionally, the research report focuses on the systematic organization of data, with each section divided into chapters and further classifications to present an easy, time-saving, and smoothly navigable study. The elements surrounding and shaping the Africa Pharmaceutical Logistics industry, including the industry’s profit-loss cycle, major and minor acquisitions and external factors, current trends, and more, are included in the study report.

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