Pharmaceutical Logistics Market to Witness High Growth Owing to Increasing Demand for Cold Chain Facilities
The global pharmaceutical logistics market provides transportation and storage of pharmaceutical products ranging from over-the-counter drugs to temperature-sensitive biopharmaceuticals. Effective distribution and storage are crucial for pharmaceutical products as they require time-bound delivery and maintenance of optimum temperature levels for preserving the efficacy as well as ensuring product safety. Pharmaceutical logistics involve cold chain facilities for transporting temperature-sensitive drugs through refrigerated vehicles and insulated packaging. Major players operating sophisticated temperature-controlled…