The laboratory glassware market size is expected to see strong growth in the next few years. It will grow to $3.72 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to increasing personalized and precision medicine, increasing funding for scientific research, rising developments in materials science, and increasing clinical trials. Major trends in the forecast period include the adoption of sustainable materials, automation integration, advanced coatings, and enhanced safety features.
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Scope Of Laboratory Glassware Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Laboratory Glassware Market Overview
Market Drivers –
The increasing number of research laboratories is expected to propel the growth of the laboratory glassware market going forward. Research laboratories encompass academic institutions, healthcare facilities, and industrial businesses. The increasing number of research laboratories is primarily attributed to factors such as advancements in science and technology, rising investments in R&D, and growing demand for innovation across various industries. Laboratory glassware provides precise, chemically resistant, and versatile tools essential for accurately measuring, mixing, and observing substances in scientific experiments. For instance, in March 2024, according to the Centers for Medicare & Medicaid Services, a US-based federal agency, the total number of clinical laboratory improvement amendments (CLIA) laboratories in the United States increased from 286,396 in 2020 to 317,545 in 2024. Therefore, the increasing number of research laboratories is driving the growth of the laboratory glassware market.
Market Trends –
Major companies operating in the laboratory glassware market are developing innovative products with superior packaging to improve safety, convenience, and the overall user experience. Superior packaging aims to enhance the durability and chemical resistance of the glassware, reduce contamination risks, and ensure secure handling and transportation. For instance, in March 2022, Globe Scientific, a US-based medical equipment manufacturing company, launched a type of premium quality laboratory glassware with superior GlassGuard packaging that is designed to meet the needs of both laboratory professionals and laboratory supply distributors. This packaging provides exceptional protection during shipment, reducing breakage and replacement costs.
The laboratory glassware market covered in this report is segmented –
1) By Product Type: Pipette, Flasks, Burette, Beakers, Storage Containers, Petri Dishes, Other Products
2) By Distribution Channel: Brick And Mortar, E-Commerce
3) By End-Use: Research And Academics Institutes, Pharmaceutical And Biotech Industry, Hospitals And Diagnostic Centers, Contract Research Organizations, Food And Beverage Industry, Other End-Users
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Regional Insights –
North America was the largest region in the laboratory glassware market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory glassware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies in the market are Compagnie de Saint-Gobain S.A., Thermo Fisher Scientific Inc., Merck KGaA, Corning Incorporated, Avantor Inc., Sartorius AG, Mettler-Toledo International Inc., Schott AG, Gerresheimer AG, Eppendorf SE, Kavalierglass AS, Chemglass Life Sciences LLC, Borosil Limited, DWK Life Sciences Limited, Hario Co. Ltd., Lenz Laborglas GmbH & Co. KG, LabRepCo LLC, Ace Glass Incorporated, Bellco Glass Inc., Foxx Life Sciences, Abdos Labtech Private Limited, Glassco Laboratory Equipment Pvt. Ltd., Globe Scientific Inc., Isolab Laborgeräte GmbH, VITLAB GmbH
Table of Contents
1. Executive Summary
2. Laboratory Glassware Market Report Structure
3. Laboratory Glassware Market Trends And Strategies
4. Laboratory Glassware Market – Macro Economic Scenario
5. Laboratory Glassware Market Size And Growth
……..
27. Laboratory Glassware Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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