The Vietnam Pharmaceutical Logistics Market size was valued at USD 365.60 Million in 2024 and is expected to reach USD 613.49 Million by 2033. The market is projected to grow at a CAGR of 5.92% during the forecast period 2025-2033. Growth is driven by expanding cold chain infrastructure, regulatory modernization enhancing foreign investment and distribution rights, and digital transformation with IoT-enabled systems improving GDP compliance and supply chain transparency.
Study Assumption Years
Vietnam Pharmaceutical Logistics Market Key Takeaways
Sample Request Link: https://www.imarcgroup.com/vietnam-pharmaceutical-logistics-market/requestsample
Market Growth Factors
The growth of the pharmaceutical logistics market in Vietnam is driven by the rapid development of cold chain storage for temperature-sensitive drugs and vaccines. Under GDP (Good Distribution Practice) standards, the pharmaceutical logistics market in Vietnam uses reefer containers, blast freezers, multi-temperature chambers, and real-time temperature and humidity monitoring systems. Vietnam becomes a regional hub of pharmaceutical manufacturing and export. The prospect for GxP-compliant cold storage facilities will increase in urban and rural areas.
Regulatory bodies modernized things, and someone signed the revised Law on Pharmacy in November 2024. It streamlines administrative processes. It opens the pharmaceutical sector to foreign-invested firms. The law also allows foreign pharmaceutical companies to act as wholesalers, transporters, and distributors of drugs manufactured in the country by means of contracts, technology transfer, and other methods. This enables better quality control of drugs in the distribution chain, which ensures the safety and viability of drugs and reduces their storage and transportation costs.
Pharmaceutical supply chain logistics in Vietnam will likely digitally transform and comply with GDP. Pharmaceutical companies can manage the cold chain better using IoT-based technology. Real-time temperature monitoring helps. Blockchain-based track and trace systems also contribute. These tools improve traceability. They allow compliance with regulations. They increase operational efficiency. Modular cold storage facilities in Tier 2 and Tier 3 cities are now emerging. Standards like GMP, GSP, GDP, and GPP have enabled investments in technology-enabled systems for cold storage to maintain integrity throughout the distribution chain wherever cities and their associated populations are rapidly urbanizing and developing.
Market Segmentation
Type Insights:
Component Insights:
Application Insights:
Regional Insights
The Vietnam pharmaceutical logistics market is segmented regionally into Northern Vietnam, Central Vietnam, and Southern Vietnam. The report provides comprehensive analysis at the country and regional levels but does not specify individual statistics such as market share or CAGR for these regions. The increasing urban population, exceeding half the country's total by late 2025 according to the World Bank, underscores rising demand for cold chain logistics, especially in metropolitan hubs.
Summary: Rapid urbanization in Vietnam intensifies logistics needs across all regions, enhancing demand for robust pharmaceutical storage and transport infrastructure, particularly in Northern, Central, and Southern Vietnam.
Recent Developments & News
Key Players
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA,
Email: sales@imarcgroup.com,
Tel No: (D) +91 120 433 0800,
United States: +1-201971-6302