GMP Storage Service by Type (Refrigerated Storage, Controlled Room Temperature Storage, Frozen Storage, Other), by Application (Pharmaceutical, Biotechnology, Research Organizations, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The Global GMP Storage Service Market size was valued at USD XX million in 2025 and is projected to reach USD XX million by 2033, exhibiting a CAGR of XX% during the forecast period. The market growth can be attributed to the rising demand for Good Manufacturing Practices (GMP) compliant storage solutions, particularly in the pharmaceutical and biotechnology industries. Stringent regulatory requirements and increasing focus on product safety and quality are driving the adoption of GMP-compliant storage services. Advancements in temperature-controlled storage technology and the expansion of life sciences research and development activities are further contributing to market growth.
The market is segmented into different types of storage services, including refrigerated storage, controlled room temperature storage, frozen storage, and others. Pharmaceutical and biotechnology companies represent the primary applications of GMP storage services, followed by research organizations and other end-users. Key players in the market include VaLogic, Alcami Corporation, Eurofins BioPharma, JET8 CO, Prolytix, GBA Group, BioRep Srl, PharmSky, ViruSure GmbH, Azenta Life Sciences, Pharmaserv Logistics, Tobin Scientific, Q1 Scientific, Astoriom, Sentry, PCI, SciSafe, GREEN8 Co, and other notable players. The market is expected to witness continued growth in emerging regions such as Asia Pacific and Latin America due to increasing pharmaceutical manufacturing and clinical research activities in these areas.
The global GMP storage service market is expected to witness significant growth in the coming years. The market is driven by factors such as the rising demand for pharmaceutical and biotechnology products, increasing outsourcing of storage services by pharmaceutical and biotechnology companies, and stringent regulatory requirements for the storage of pharmaceutical products.
According to a report by Allied Market Research, the global GMP storage service market was valued at $24.6 billion in 2020 and is projected to reach $50.2 billion by 2030, registering a CAGR of 8.3% from 2021 to 2030. The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing demand for pharmaceutical and biotechnology products in the region.
Several factors are driving the growth of the GMP storage service market, including:
While the GMP storage service market is growing rapidly, there are several challenges and restraints that could hinder its growth. These include:
The Asia-Pacific region is expected to witness the highest growth rate during the forecast period, owing to the increasing demand for pharmaceutical and biotechnology products in the region. China and India are the major markets for GMP storage services in the Asia-Pacific region.
The pharmaceutical segment is expected to account for the largest share of the market during the forecast period, owing to the increasing production of pharmaceutical products. The biotechnology segment is expected to grow at the highest CAGR during the forecast period, owing to the increasing development of biotechnology products.
Several factors are expected to drive the growth of the GMP storage service industry in the coming years, including:
Some of the leading players in the GMP storage service market include:
Several significant developments have taken place in the GMP storage service sector in recent years, including:
A comprehensive GMP storage service report provides an in-depth analysis of the market, including market size, market share, market trends, competitive landscape, and market forecasts. The report can help companies to make informed decisions about their GMP storage strategies.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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