Mar 29, 2022   SOURCE: BusinessWire

Global Labware Market Outlook & Forecast 2022-2027: Increasing Shift from Glass to Plastic Labware, Point-Of-Care Testing Diagnostics, Advancements in Labware - ResearchAndMarkets.com

The "Labware Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The development of the laboratory glassware market is linked with the growth of industries like petrochemicals, polymer chemistry, and pharmaceuticals. Numerous manufacturers of laboratory glassware majorly rely on exports for commercial accomplishment.

Factors such as the increasing number of R&D laboratories, rising demand for plasticware and glassware products for clinical use in hospitals and forensic laboratories as they are lightweight, recyclable, cost-effective, and non-breakable, and government support in the field of pharmaceutical and drug discovery are anticipated to be the key drivers for the growth of the global labware market in the coming years.

LABWARE MARKET SEGMENTS

By end-user, the market is classified into research & academic institutions, hospitals & diagnostic centers, biotechnology industry & pharmaceutical, contract research organizations, food & beverage industry, and others. The research & academic institutions segment is the largest segment and accounted for a revenue share of 30.18% in 2021.

The pipettes segment dominated the market and accounted for a highest share in 2021.

GEOGRAPHICAL ANALYSIS

In North America, the rising number of diagnostic tests, increased usage of laboratory consumables, and introduction of specially designed plasticware are key factors that are driving the growth of the market in the region.

The APAC labware market is the fastest growing in the world. Developing countries such as India are planning to initiate a nearly $1.3 billion fund to encourage businesses to manufacture pharmaceutical ingredients domestically by 2023. The country supplies a substantial share of the global demand for multiple vaccines and accounts for the second-largest pharmaceutical and biotech workforce globally.

COMPETITIVE ANALYSIS

The growth of players in the market depends on its condition, economic growth, and industry development. Exporting through an intermediary such as a distributor or importer is still the key channel for exporters from developing countries.

Key Vendors

  • Corning
  • DWK Life Sciences
  • Bellco Glass
  • Thermo Fisher Scientific
  • Sartorius

Other Prominent Vendors

  • Eppendorf
  • METTLER TOLEDO
  • Borosil
  • TECHNOSKLO
  • Crystalgen
  • Eagle Laboratory Glass Company
  • Sarstedt
  • PerkinElmer
  • Hamilton Laboratory Glass
  • Quark
  • Kavalierglass
  • Glacier Glass Works
  • Jencons Glass Industries
  • Glassco
  • HARIO
  • CITOTEST
  • SP Industries
  • SCAM
  • Merck
  • Naugra Export

Key Topics Covered:

1 Research Methodology

2 Research Objectives

3 Research Process

4 Scope & Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of the Study

4.4 Market Segmentation

5 Report Assumptions & Caveats

5.1 Key Caveats

5.2 Currency Conversion

5.3 Market Derivation

6 Market at a Glance

7 Introduction

7.1 Overview

7.2 Global Macroeconomic Overview

7.2.1 Macroeconomic Overview

7.2.2 Real GDP Growth

7.3 Global Healthcare Industry Overview

7.4 Value Chain Analysis

7.4.1 Raw Material/Design /Equipment Suppliers

7.4.2 Manufacturers

7.4.3 Distributors/Dealers

7.4.4 Retailers

7.4.5 End-Users

7.5 Impact of Covid-19

8 Market Opportunities & Trends

8.1 Increasing Shift from Glass to Plastic Labware

8.2 Point-Of-Care Testing Diagnostics

8.3 Advancements in Labware

9 Market Growth Enablers

9.1 Increasing Demand for Plastic Labware

9.2 Rising Research in Biotechnology & Pharmaceutical Industries

9.3 Investment in Plastic Labware

10 Market Restraints

10.1 Equipment Calibration

10.2 Brittle Nature of Glassware

11 Market Landscape

11.1 Market Size & Forecast

11.2 Five Forces Analysis

11.2.1 Threat of New Entrants

11.2.2 Bargaining Power of Suppliers

11.2.3 Bargaining Power of Buyers

11.2.4 Threat of Substitutes

11.2.5 Competitive Rivalry

12 Product

12.1 Market Snapshot & Growth Engine

12.2 Market Overview

12.3 Pipettes

12.4 Burettes

12.5 Beakers

12.6 Flasks

12.7 Test Tubes

13 Material Type

13.1 Market Snapshot & Growth Engine

13.2 Market Overview

13.3 Plasticware

13.4 Glassware

13.5 Disposable

14 End-user

14.1 Market Snapshot & Growth Engine

14.2 Market Overview

14.3 Research & Academic Institutions

14.3.1 Market Overview

14.3.2 Market Size & Forecast

14.3.3 Market by Geography

14.4 Hospitals & Diagnostic Centers

14.5 Biotechnology Industry & Pharmaceutical

14.6 Contract Research Organizations

14.7 Food & Beverage Industry

15 Geography

15.1 Market Snapshot & Growth Engine

15.2 Geographic Overview

For more information about this report visit https://www.researchandmarkets.com/r/umdii7