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European Pharmaceutical Logistics
Datamonitor, Oct 2003
With the European pharmaceutical industry experiencing continuing growth, logistics spend in the sector is set to follow, significantly rising over the next five years as the growth of the pharmaceutical industry results in a greater number of logistics operations.
As the European pharmaceutical industry heads towards greater harmonisation and unity, and manufacturing becomes more concentrated, it is likely that there will be a gradual shift towards pan-European distribution networks. This will favour logistics service providers (LSPs) with pan-European networks.
Growth in the European pharmaceutical sector, combined with manufacturers' increasing propensity to outsource more complex logistics functions such as value added services and logistics management, will stimulate an outsourcing trend. This will create opportunities for third party logistics companies (3PLs).
Pharmaceutical wholesalers are widening their service offerings and becoming health providers, supplying the pharmacy not merely with medicines, but with total solutions. Many wholesalers are also developing closer relationships with manufacturers, and offering them logistics services that have traditionally been the domain of 3PLs.
This report will enable readers: Understand current and future trends in the European pharmaceutical industry, which affect your customers and their logistics requirements Gain an insight into future spending in this growth logistics sector, and the opportunities for logistics service providers.
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