Pharmaceutical logistics shows rapid expansion in South America and Asia

Demand for services is growing in these regions, but challenges exist in training people, infrastructure, and varying regulations.

The worldwide pharmaceutical logistics market is booming, and in none of the global regions is this growth more notable than two of the most rapidly expanding markets—South America and Asia.

In a recent article exploring the trend, Air Cargo World cited estimates from Transport Intelligence suggesting that the pharmaceutical logistics industry expanded by more than 12% from 2010 to 2011, reaching a value of approximately $61.7 billion (£40.7 billion) internationally.

Figures for 2012 are expected to show an even bigger increase, partly thanks to growing demand for these services in South America and Asia.

According to the Transport Intelligence figures, the South American pharmaceutical logistics market expanded by more than 20% between 2010 and 2011, reaching a value of $9.4 billion.

In Brazil alone, the sector was worth $5.1 billion after experiencing growth of almost 14% in the same period.

Worldwide, South America and Brazil respectively accounted for 15% and 8.3% of the total pharmaceutical logistics industry in 2011.

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