Laboratory Glassware And Plasticware Market Segments, Drivers, Restraints, And Trends For 2024-2033
The Business Research Company's Laboratory Mixer Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LONDON, GREATER LONDON, UNITED KINGDOM, October 10, 2024 /EINPresswire.com/ -- The laboratory glassware and plasticware market has seen consistent growth, increasing from $6.09 billion in 2023 to $6.35 billion in 2024 at a CAGR of 4.2%. This expansion is driven by rising demand for plasticware, the prevalence of chronic diseases, growth in research activities, and increased investments in the healthcare sector.
What Is The Estimated Market Size Of The Global Laboratory Glassware And Plasticware Market And Its Annual Growth Rate?
The laboratory glassware and plasticware market is expected to grow steadily, reaching $7.50 billion by 2028 at a CAGR of 4.3%. Growth will be driven by increased R&D funding, expansion of healthcare infrastructure, growth of biopharmaceutical industries, and rising demand for automated lab systems. Trends include eco-friendly materials, smart technologies, personalized solutions, and innovations in online sales channels.
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Growth Driver of The Laboratory Glassware And Plasticware Market
The expansion of diagnostic laboratories is expected to accelerate the growth of the laboratory glassware and plasticware market. These laboratories perform various tests and analyses on biological samples to assist in disease diagnosis and treatment. The increasing number of diagnostic laboratories is driven by the rising prevalence of chronic diseases, advancements in diagnostic technologies, and the growing need for early and accurate medical testing. Laboratory glassware and plasticware are vital for conducting reliable tests, such as blood analyses and microbiological cultures, ensuring precise measurement and storage of samples and reagents.
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Which Market Players Are Driving The Laboratory Glassware And Plasticware Market Growth?
Major companies operating in the laboratory glassware and plasticware market are Compagnie de Saint-Gobain S.A., Thermo Fisher Scientific Inc., Merck KGaA, Corning Incorporated, Avantor Inc., Sartorius AG, Mettler-Toledo International Inc., Nipro Corporation, Schott AG, Gerresheimer AG, Eppendorf SE, Greiner Bio-One International GmbH, Metrohm AG, Kavalierglass AS, Chemglass Life Sciences LLC, Borosil Ltd., DWK Life Sciences Ltd., Labconco Corporation, Haier Biomedical International, Bel-Art Products Inc., Tarsons Products Limited, Adams & Chittenden Scientific Glass Cooperative Corporation, Crystalgen Inc., Hirschmann Laborgeräte GmbH & Co. KG
What Are The Emerging Trends Shaping The Laboratory Glassware And Plasticware Market Size?
In the laboratory glassware and plasticware market, major players are focusing on plant-based lab consumables as a sustainable alternative to traditional plastics. These eco-friendly options support sustainability through biodegradability, promote resource conservation, lower carbon footprints, provide cost savings, ensure regulatory compliance, and differentiate brands in the market.
How Is The Global Laboratory Glassware And Plasticware Market Segmented?
1) By Product: Burettes, Storage Containers, Beakers, Flasks, Petri Dishes, Pipettes And Pipette Tips, Other Products
2) By Distribution Channel: Online, Offline
3) By End-User: Contract Research Organizations, Food And Beverage Industry, Hospitals And Diagnostic Centers, Pharmaceutical And Biotechnology Industries, Research And Academic Institutes, Other End-Users
Geographical Insights: North America Leading The Laboratory Glassware And Plasticware Market
North America was the largest region in the laboratory glassware and plasticware market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory glassware and plasticware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Laboratory Glassware And Plasticware Market Definition
Laboratory glassware and plasticware encompass a broad range of equipment used in scientific laboratories for experiments, measurements, and chemical reactions. While glassware is known for its chemical resistance and heat tolerance, plasticware is favored for its durability and cost-effectiveness.
Laboratory Glassware And Plasticware Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Macroeconomic factors affecting the market in the short and long run
• Analysis of the macro and micro economic factors that have affected the market in the past five years
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global laboratory glassware and plasticware market report covering trends, opportunities, strategies, and more
The Laboratory Glassware And Plasticware Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on market size, drivers and trends, market major players, competitors' revenues, market positioning, and market growth across geographies. The market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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