Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.57 Billion | USD 5.15 Billion | 4.28% | 2023 |
The global Laboratory Glassware market size accrued earnings worth approximately USD 3.57 Billion in 2023 and is predicted to gain revenue of about USD 5.15 Billion by 2032, is set to record a CAGR of nearly 4.28% over the period from 2024 to 2032.
Laboratories require heat resistant, inert, and customizable quality equipments which are provided by glasswares. Laboratory glasswares are used for performing end number of chemical tests. Glassware used for measurement in chemistry, biology, and analytical laboratories includes test tubes, flasks, graduated cylinders, glass pipettes, beakers, petri dishes, etc. Laboratory glasswares are used for conducting vigorous reactions and heating chemicals. Shift towards automated laboratory process is among the key trends observed in the laboratory glassware market.
The report covers forecast and analysis for the global laboratory glassware market. The study provides historic data from 2018 to 2022 along with forecast from 2024 to 2032 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other saws have also been considered to arrive at the indicated market numbers.
The study also includes drivers and restraints for the laboratory glassware along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the laboratory glassware market on global level. The growth in this market is majorly driven by technological development which has led to added advantages of using glassware and increased adoption rate among end users. Besides, specialty glassware is likely to offer growth opportunities for market players in the forecast period. Moreover, effluence in biotechnological research like stem cell research, disease research, and vaccine development also requires various laboratory equipments including glasswares which have further enhanced market growth.
Report Attributes | Report Details |
---|---|
Report Name | Laboratory Glassware Market |
Market Size in 2023 | USD 3.57 Billion |
Market Forecast in 2032 | USD 5.15 Billion |
Growth Rate | CAGR of 4.28% |
Number of Pages | 209 |
Key Companies Covered | Eppendorf AG, Thermo Fisher Scientific, Inc., Sartorius AG, Corning, Inc., Gerresheimer, Crystalgen, Inc., Duran Group, Mettler Toledo International, Inc., Technosklo Ltd., and BOROSIL. |
Segments Covered | By End-Use, By Application, By Operation, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The study provides a decisive view on the laboratory glassware market by segmenting the market based on product, end user and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The laboratory glassware market is segmented on the basis of product into storage containers, pipettes and pipette tips, burettes, beakers, petri dishes flasks, and others. Pipette tips and pipettes segment is likely to hold maximum share of the market in 2023 due to its various advantages. These are largely preferred to handle chemical substances or hazardous chemicals.
By end user the market is segmented into food and beverage industry, research and academic institutes, pharmaceutical and biotechnology industries, hospitals and diagnostic centers, contract research organizations, and other end users. The research and academic institutes segment held major share of the market in terms of revenue in 2023.
Regional Analysis
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America held major share of the market in terms of revenue in 2023 due to its various applications in research and development studies being a major factor attributing to its growth.
The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players within global laboratory glassware market include
Global Laboratory Glassware Market: Product Segments
Global Laboratory Glassware Market: End User Segments
Global Laboratory Glassware Market: Regional Segments
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