Pharmaceutical cold chain logistics is a $12.6-billion global industry
Pharmaceutical Commerce’s annual Cold Chain Sourcebook projects 52% growth between 2014 and 2020
Preliminary data from Pharmaceutical Commerce’s annual Biopharma Cold Chain Sourcebook shows that managing the transportation of temperature-controlled products (refrigerated and frozen) will total $12.6 billion this year, continuing an 8–9%/yr growth rate that is roughly double that of pharma products overall (Fig. 1). The report, now in its seventh edition, pegs non-cold-chain pharma logistics costs at $78.8 billion and rising at the 4–5% growth rate of pharma volumes. By 2020, pharma cold-chain logistics will be worth $16.7 billion, and non-cold chain at $77.1 billion (Fig. 2).
Source: Pharmaceutical Commerce