Global Laboratory Glassware and Plasticware Market to Reach US$ 8.6 Billion by 2032, Supported by Establishment of R&D Facilities

March 05, 2019 | Packaging

According to the latest report by IMARC Group, titled “Laboratory Glassware and Plasticware Market Report by Product Type (Laboratory Glassware, Laboratory Plasticware), End-User (Research and Academic Institutes, Hospitals and Diagnostic Centers, Biotechnology Industry and Pharmaceutical, Contract Research Organizations, Food and Beverage Industry, and Others), and Region 2024-2032”, the global laboratory glassware and plasticware market reached a value of US$ 6.6 Billion in 2023. Glassware and plasticware refer to a wide range of equipment used for scientific research in analytical, chemical and biological laboratories. These products are manufactured in various shapes and sizes depending on their applications. Although glassware products dominate the market, plasticware products are rapidly gaining popularity as they are inexpensive and safer. Moreover, new types of non-cytotoxic resins are being used in the production of plasticware which does not interact with biological materials, thereby, being more suitable for laboratory utilization.

Global Laboratory Glassware and Plasticware Market Trends:

Increasing research activities in the pharmaceutical and biotechnology industries have given rise to the number of state-of-the-art research institutions across the globe. In line with this, the demand for efficient labware has also increased. Additionally, education systems in several nations are being developed to introduce the students to advanced scientific research methodologies. Moreover, the demand for glassware products is being elevated by properties of glass such as ease of cleaning, chemical resistance, transparency, and dimensional stability at high temperatures. On the other hand, the increasing popularity of laboratory plasticware products can be accredited to their lightweight and shatterproof nature. Other than this, plasticware products are also cheaper to produce and replace, and offer greater safety. Owing to these factors, the market is projected to reach US$ 8.6 Billion by 2032, exhibiting a CAGR of 3% during 2024-2032.

Market Segmentation:

The market is segmented on the basis of product type which include laboratory glassware and laboratory plasticware. Presently, laboratory glassware represents the largest segment. It is further divided into test tubes, glass beakers, glass flasks, pipettes and burettes. On the other hand, laboratory plasticware is segmented as storage boxes, plastic flasks, plastic beakers, measuring cylinders and funnels.
Based on end-user, the market is categorized as research and academic institutes, hospitals and diagnostic centers, biotechnology industry and pharmaceutical, contract research organizations, and food and beverage industry. Amongst these, research and academic institutes dominate the market.
On a regional basis, North America represents the leading market, holding the majority of the total share.
The competitive landscape of the market has also been examined with some of the key players being Corning Inc., Duran Group, Gerresheimer AG, Sartorius AG, Thermo Fisher Scientific, Mettler Toledo International, Inc., Eppendorf AG, Bellco Glass, Inc., Crystalgen Inc. and Technosklo Ltd.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product Type, End-User, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	Corning Inc., Duran Group, Gerresheimer AG, Sartorius AG, Thermo Fisher Scientific, Mettler Toledo International, Inc., Eppendorf AG, Bellco Glass, Inc., Crystalgen Inc. and Technosklo Ltd.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Laboratory Glassware and Plasticware Market to Reach US$ 8.6 Billion by 2032, Supported by Establishment of R&D Facilities

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