Glassware and glassware and plasticware are used in laboratories for performing various tests. The equipment required in the laboratory have to be heat resistant, inert and should be of customizable quality. Glasswares can be used in chemistry, biology and analytical laboratories for carrying out experiments. Glass pipettes, test tubes, beakers, petri dishes, graduated cylinders are types of glassware used in laboratories. Plasticware are much cheaper and they cannot be broken easily so they are preferred over glassware. Various types of plasticware used in the laboratories are plastic funnel, plastic pipettes, plastic beaker, vials and plastic bottles.
The global laboratory glassware and plasticware market size was valued at US$ 5,473.3 Mn in 2022 and is estimated to exhibit a CAGR of 3.7% during the forecast period(2023-2030).
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Drivers:
Growing research and development activities in pharmaceutical and biotechnology industries are estimated to fuel growth of the global laboratory glassware and plasticware market over the forecast period.
Furthermore, rising applications of plasticware and glassware in forensic laboratories, veterinary science, agriculture and hospitals is anticipated to boost growth of the global laboratory glassware and plasticware market over the forecast period.
Moreover, increasing incidences of chronic diseases resulted in the development of drugs, which boost growth of the global laboratory glassware and plasticware market growth over the forecast period.
Furthermore, growing research activities in the field of biotechnology and biology needs various plasticware and glassware, which is estimated to augment growth pf the global laboratory glassware and plasticware market growth over the forecast period.
Effective results of diseases and easy diagnosis are anticipated to propel growth of the global laboratory glassware and plasticware market over the forecast period. Furthermore, the shift towards the use of automated laboratory processes is expected to boost growth of the global laboratory glassware and plasticware market growth over the forecast period.
Furthermore, InnovaPrep declared launch of Concentrating Pipette (CP) Select in November 2017. This new pipette helps in achieving concentration of pathogen and also helps in removing inhibitors from the liquid samples, much easily and faster.
Restraints:
The brittle nature of glass and shortage of funds is estimated to hamper growth of the global laboratory glassware and plasticware market growth over the forecast period.
Regional Insights:
North America is estimated to witness significant growth in the global laboratory glassware and plasticware market over the forecast period, due to increasing research and developmental activities in the sector. Various manufacturers are planning to expand their business around the world by acquisition, as it helps in strengthening their company’s presence in the market. For instance, Research Products, LLC. And Kimble Chase Life science were acquired by Duran group in 2016. This acquisition will help the Duran group in expanding their business and emerge as a global leader in laboratory and scientific glassware market.
Furthermore, latest developments in the pipette technologies is estimated to augment growth of the global laboratory glassware and plasticware market over the forecast period. For instance, LaMnet International, Inc, developed electronic pipettes which are fully monetarized pistons help in reducing the pipetting workload, in August 2018. These pipettes can be programmed by using a keypad and positioned display, these pipettes are programmed such that they can be activated with a slight movement of index fingers.
Market Taxonomy:
By Product Type:
- Glassware
- Test Tubes
- Beakers
- Flasks
- Pipettes
- Petri Plates
- Others
- Plasticware
- Storage Box
- Beakers
- Measuring Cylinders
- Petri Plates
- Others
By End User:
- Hospitals and Diagnostic Centers
- Pharma and Biotech Industries
- Research and Academic Institutes
- Contract Research Organizations
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Key Players:
Key players active in the global laboratory glassware and plasticware market are Technosklo Ltd, Corning, Inc., Gerresheimer AG, Eppendorf AG, Duran Group, Sartorius AG, Vitlab, Crystalgen, Inc., Thermo Fischer Scientific, Bellco Glass, Inc. and Mettler Toledo International, Inc.
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐖𝐢𝐭𝐡 𝐔𝐩 𝐓𝐨 𝟐𝟓% 𝐎𝐅𝐅 @ https://www.coherentmarketinsights.com/insight/buy-now/3028
| The market size value in 2023 |
Table of Contents with Major Points:
Executive Summary
- Introduction
- Key Findings
- Recommendations
- Definitions and Assumptions
Executive Summary
Market Overview
- Definition of Laboratory Glassware and Plasticware Market
- Market Dynamics
- Drivers
- Restraints
- Opportunities
- Trends and Developments
Key Insights
- Key Emerging Trends
- Key Developments Mergers and Acquisition
- New Product Launches and Collaboration
- Partnership and Joint Venture
- Latest Technological Advancements
- Insights on Regulatory Scenario
- Porters Five Forces Analysis
Qualitative Insights Impact of COVID-19 on Global Laboratory Glassware and Plasticware Market
- Supply Chain Challenges
- Steps taken by Government/Companies to overcome this impact
- Potential opportunities due to COVID-19 outbreak
Conclusion
Appendix
- Data Sources
- Abbreviations
- Disclaimer
TOC Continued…!
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