According to the latest report by IMARC Group, titled “Laboratory Glassware and Plasticware Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on laboratory glassware and plasticware market trends. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global laboratory glassware and plasticware market size reached US$ 6.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.21% during 2023-2028.
Laboratory glassware and plasticware encompass a variety of glass and plastic equipment that are used in scientific research experimentation, and analysis in various fields such as chemistry, biology, and physics. They are specifically designed for providing a controlled environment to handle various substances, provide accurate measurements, and reliable results. In addition to this, they are characterized by enhanced thermal resistance for heating and cooling, chemical resistance to prevent reactions, high durability to withstand wear, and ease of sterilization. Some of the most common laboratory glassware and plasticware products include beakers, test tubes, flasks, pipettes, and Petri dishes.
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Market Trends:
The global market is primarily driven by the extensive research and development (R&D) activities across various industries, including pharmaceuticals, biotechnology, chemical, and healthcare. In line with this, continual advancements in laboratory technology leading to the development of products with improved durability, enhanced functionality, and with specialized materials are fueling the market. Also, the implementation of stringent regulatory standards and quality control requirements by regulatory authorities and governments of several countries are providing an impetus to the market. Moreover, an enhanced focus on personalized medicine and precision healthcare is resulting in a higher product uptake in in healthcare settings. Some of the other factors contributing to the market include rising need for advanced diagnostic tools, expanding healthcare expenditure, and an augmenting demand for sustainable and eco-friendly laboratory products.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Corning Inc.
- Duran Group
- Gerresheimer AG
- Sartorius AG
- Thermo Fisher Scientific
- Mettler Toledo International, Inc.
- Eppendorf AG
- Bellco Glass, Inc
- Crystalgen Inc.
- Technosklo Ltd
Laboratory Glassware and Plasticware Market Segmentation:
Our report has categorized the market based on region, product types and end-users.
Breakup by Product types:
- Test tubes
- Glass beakers
- Glass flasks
- Pipettes
- Burettes
Breakup by End-users:
- Research and academic institutes
- Hospitals and diagnostic centers
- Biotechnology industry
- Pharmaceutical contract research organizations
- Food and beverage industry
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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