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Global Laboratory Glassware And Plasticware Market Size By Product (Burettes, Storage Containers, Beakers), By End User (Contract Research Organizations, Food and Beverage Industry), By Geographic Scope And Forecast


Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Laboratory Glassware And Plasticware Market Size By Product (Burettes, Storage Containers, Beakers), By End User (Contract Research Organizations, Food and Beverage Industry), By Geographic Scope And Forecast

Laboratory Glassware And Plasticware Market Size And Forecast

Laboratory Glassware And Plasticware Market size was valued at USD 6.28 Billion in 2024 and is projected to reach USD 8.2 Billion by 2031, growing at a CAGR of 3.40% from 2024 to 2031.

The rising demand for plasticware, which is flexible, simple to handle, and affordable, will fuel expansion in this industry. The advancement of technology has resulted in additional benefits to utilizing plasticware over glassware, which aids in growing acceptance among end users. The Global Laboratory Glassware And Plasticware Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Laboratory Glassware And Plasticware Market Definition

The laboratory glassware and plasticware is a complete set of equipment that is used to serve the purpose of scientific work such as in the development of a new drug and to conduct various experiments in the research laboratories. Laboratory glassware has the beneficial feature of the recyclability of plastic over conventional glassware and laboratory glassware has the enhanced capability of heat resistivity. It extensively finds its application in food and beverage, diagnostics centers and hospitals, biotechnological and pharmaceutical industries, and others.

The laboratory glassware and plasticware are used for scientific research purposes and include instruments such as beakers, burettes, funnels, condensers, pipettes, bottles, etc. Laboratory glassware is made of borosilicate glass, while plasticware refers to a set of equipment made from different types of plastic materials. Plasticware is flexible and easy to handle, whereas, glassware is the best suited for conducting vigorous reactions and heating chemicals despite its brittle nature.

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Global Laboratory Glassware And Plasticware Market Overview

The Laboratory Glassware And Plasticware Market have marvelous growth owing to technological advancement and the increase in adaption rate in hospitals, forensic laboratories, and also the research institutes. Additionally, the shifting inclination over the laboratory automation process is one other factor driving the growth of the market. Furthermore, the cost-effectiveness of the plastics product is imposing a positive outlook on the market growth.

The increasing applications of glassware and plasticware for clinical use in hospitals and forensic laboratories, and the research in the field of pharmaceutical and drug discovery, veterinary science, and agriculture are anticipated to be the major driver for market growth. In addition, the growing prevalence of chronic diseases has led to the development of new drugs, in turn, spurring the Global Laboratory Glassware And Plasticware Market. Furthermore, a surge in biology and biotechnology research, including vaccine development, disease research, and stem cell research is anticipated to propel the Laboratory Glassware And Plasticware Market across the globe.

On the other hand, the brittle nature of glass (resulting in a low preference for glassware) and lack of funds (resulting in fewer research activities, thus affecting both Laboratory Glassware And Plasticware Market) are the major factors restraining the growth of this market. Though, the breakable nature of the glassware and the dearth of financing in some of the research institutes are some factors expected to hamper the growth of the market.

Global Laboratory Glassware And Plasticware Market Segmentation Analysis

The Global Laboratory Glassware And Plasticware Market is segmented on the basis of Product, End User, And Geography.

Laboratory Glassware And Plasticware Market, By Product

  • Burettes
  • Storage Containers
  • Beakers
  • Pipettes and Pipette Tips
  • Others

Based on Product, the market is bifurcated into Burettes, Storage Containers, Beakers, Pipettes and Pipette Tips, and Others. The test tubes account for the majority of the market share. On the other hand, laboratory plasticware has been divided into storage boxes, plastic flasks, plastic beakers, measuring cylinders, and funnels. Amongst these, storage boxes represent the most popular product type. In 2022, the Pipettes and Pipette Tips segment accounted for the largest market share among the others because of the rising use of glass pipettes and pipette tips in academic institutes and research laboratories

Laboratory Glassware And Plasticware Market, By End User

  • Contract Research Organizations
  • Food and Beverage Industry
  • Hospitals and Diagnostic Centers
  • Pharmaceutical and Biotechnology Industries
  • Others

Based on End User, the market is bifurcated into Contract Research Organizations, Food and Beverage Industry, Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Industries, and Others. The major segments include hospitals and diagnostic centers. The growing number of biotechnology and pharmaceutical research projects is predicted to enhance demand for glassware and plasticware, which will fuel the worldwide Laboratory Glassware And Plasticware Market growth in the near future. Furthermore, rising clinical uses of glassware and plasticware in hospitals, biotechnology industries, forensic labs, veterinary science, and agriculture are likely to drive market growth.

Laboratory Glassware And Plasticware Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

On the basis of Geography, the Global Laboratory Glassware And Plasticware Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America accounted for the largest market share of the Laboratory Glassware And Plasticware Market in 2022. In this region, the application of laboratory glassware and plasticware in R&D studies is the major factor attributing to its growth. Though, in the coming years, the Asia-Pacific market is expected to witness the highest growth owing to the rising outsourcing activities in research and manufacturing as a result of low costs and access to skilled labor in this region.

Key Players

The “Global Laboratory Glassware And Plasticware Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Thermo Fisher Scientific, Duran Group, Corning Inc., Technosklo Ltd., Crystalgen Inc., Eppendorf AG, Gerresheimer AG, Bellco Glass, Inc., Sartorius AG, Mettler Toledo International, Inc. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  • In March 2022, Globe Scientific has introduced Globe Glass high-grade laboratory glassware with better GlassGuard packaging, which is aimed at both laboratory specialists and laboratory supply dealers. GlassGuard packaging, designed to withstand the risks and demands of transportation, protects Globe Glass laboratory glassware throughout shipment. Robust packaging ideas start at the pack level and work their way up to whole-case packaging. Heavy strength, multi-layered corrugated container systems exceed stringent quality requirements and testing processes to provide superior damage resistance, especially in compact package transit environments. This packaging saves the time and expenses associated with replacing damaged glassware, hence reducing laboratory downtime.
  • In February 2022, Polycarbin has launched its closed-loop collection on Thomas Scientific’s platform. Polycarbin’s product range is remanufactured from recycled laboratory plastic utilizing a circular economy strategy.

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Laboratory Glassware And Plasticware Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Laboratory Glassware And Plasticware Market, gauge the attractiveness of a certain sector and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Thermo Fisher Scientific, Duran Group, Corning Inc., Technosklo Ltd., Crystalgen Inc., Eppendorf AG, Gerresheimer AG, Bellco Glass, Inc.

SEGMENTS COVERED
  • By Product
  • By End User
  • By Geography
CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Market Research

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )