According to the latest report by IMARC Group, titled “Laboratory Glassware and Plasticware Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on laboratory glassware and plasticware market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The market is currently witnessing strong growth. The Global Laboratory Glassware and Plasticware Market to reach a value of US$ 7.22 Billion by 2026, exhibiting moderate growth during the forecast period (2021-2026).
Laboratory glassware and plasticware mainly represent instruments applied for scientific research purposes, including condensers, burettes, beakers, funnels, pipettes, etc. Laboratory glassware is made of borosilicate glass, while plasticware refers to a set of equipment made with different types of plastic materials. The plasticware is flexible and easier to handle, whereas the glassware is best for conducting vigorous reactions and heating chemicals. Various end-users of this lab equipment include research and academic institutes, hospitals and diagnostic centers, pharmaceuticals, contract research organizations, food and beverage facilities, etc.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The increasing demand for glassware and plasticware for clinical uses in hospitals and forensic laboratories and their growing utilization for research purposes in pharmaceuticals, veterinary science, agriculture, etc., are driving the market. Moreover, the rising prevalence of chronic diseases is leading to the development of new drugs, thereby catalyzing the market growth. Additionally, extensive research activities in the biotechnology sector, including vaccine development, disease research, stem cell research, etc., are also propelling the product demand. Furthermore, the sudden outbreak of the COVID-19 pandemic is resulting in the development of new drugs and vaccines to eradicate coronavirus transmission. This will continue to strengthen the global market for laboratory glassware and plasticware over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market 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.
- Technosklo Ltd
Laboratory Glassware and Plasticware Market Segmentation:
Our report has categorized the market based on region, product types and end-users.
Breakup by Product types:
- Test tubes
- Glass beakers
- Glass flasks
Breakup by End-users:
- Research and academic institutes
- Hospitals and diagnostic centers
- Biotechnology industry
- Pharmaceutical contract research organizations
- Food and beverage industry
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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