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Pharmaceutical Logistics Market Set for Rapid Growth and Expansion by 2028
The pharmaceutical logistics market is projected to grow from $112.31 billion in 2023 to $124.81 billion in 2024, driven by rising demand for pharmaceutical products and facility expansions. By 2028, the market is expected to reach $191.18 billion, with a CAGR of 11.2%, highlighting trends in security, supply chain optimization, and green logistics initiatives. Major players include McKesson Corporation, FedEx Corp, and Cardinal Health Inc.