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Laboratory Glassware Market Growth Analysis | 2022-2027
Laboratory Glassware Market Size, Share, Trends, Forecast, & Growth Analysis– 2022-2027.
The laboratory glassware market is likely to witness an impressive CAGR of 3.0% during the forecast period.
What is laboratory glassware?
Laboratory glassware refers to a wide range of equipment used in scientific research that is traditionally made of glass. Laboratory glassware can withstand high temperatures and is accurate, providing an optimal solution to a variety of end-users. It includes a portfolio of products such as pipets, test tubes and watch glasses that are primarily used in laboratories by various industries such as pharmaceutical, biologics, chemical, and other overlapping industries.
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The growth of the laboratory glassware market is primarily driven by -
Similarly, the growing number of research institutions and student interest in developing innovative solutions in the field of biomedical science is expected to boost the growth of the market during the forecast period.
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Laboratory Glassware Market Highlights |
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Market Growth (2022-2027) |
3% CAGR |
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Base Year of Study |
2021 |
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Trend Period |
2016-2020 |
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Forecast Period |
2022-2027 |
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Segments Covered |
By Product Type (Beakers, Pipettes, Burettes, Measuring Cylinders, Stirrers, Test Tubes, Watch Glasses, Funnels, Flasks, and Others), By End-User Type (Research and Academic Institutes, Hospitals, and Diagnostic Centers, Pharmaceutical and Biotechnological Industry, Contract Research Organizations, Food and Beverage Industry, and Others), By Region. |
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Top Companies in 2022 |
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Based on the product type, the market is segmented as beakers, pipettes, burettes, measuring cylinders, stirrers, test tubes, watch glasses, funnels, flasks, and others. Test tubes are expected to hold the major share of the market during the forecast period owing to their increasing demand from academic institutions and research laboratories. In addition, test tubes offer high temperature and chemical resistance, and thus are largely used by chemists and biologists. This is further expected to drive market growth during the forecast period.
Based on the end-user type, the market is segmented as research and academic institutes, hospitals and diagnostic centers, the pharmaceutical and biotechnological industry, contract research organizations, the food and beverage industry, and others. The research and academic institutes segment is estimated to account for the major share of the market during the forecast period on account of the increasing number of research laboratories, and research institutions, and the growing development of innovative solutions in the field of biomedical science. In addition, various initiatives by the government to support research and development activities, especially in emerging economies, are expected to fuel the growth of the market during the forecast period.
In terms of regions, North America is estimated to be the leading region in the market during the forecast period. The growth of the region’s market is owing to the increasing demand for laboratory consumables, a growing number of diagnostic tests, and investment for Research & Development, mainly in the U.S. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The market is segmented into the following categories.
By Product Type
By End-User Type
By Region
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Some of the key players in the market are-
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
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Key questions this report answers |
Relevant contents in the report |
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How big is the sales opportunity? |
In-depth Analysis of the Laboratory Glassware Market |
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How lucrative is the future? |
Market forecast and trend data and emerging trends |
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Which regions offer the best sales opportunities? |
Global, regional, and country-level historical data and forecasts |
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Which are the most attractive market segments? |
Market Segment Analysis and Forecast |
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Which are the top players and their market positioning? |
Competitive landscape analysis, Market share analysis |
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How complex is the business environment? |
Porter’s five forces analysis, PEST analysis, Life cycle analysis |
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What are the factors affecting the market? |
Drivers & challenges |
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Will I get the information on my specific requirements? |
10% free customization |
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
The market is expected to witness an impressive growth of 3.0% CAGR in the coming years.
Acumen Labware, Bellco Glass Inc., BOECO Germany, BOROSIL, Corning Incorporated, DWK Life Sciences Limited, Paul Marienfeld GmbH & Co. KG, Rose Scientific Ltd., SciLabware Ltd., and SOMATCO are among the key players in the market.
Test tubes segment is expected to hold the largest share in the market in the next five years.
The research and academic institutes segment is expected to account for the major share in the market in the foreseeable years.
North America is expected to be the leading market during the forecast period.
Surge in demand for purification and segregating instruments in molecular biology research and growing research in genomics, increasing number of research laboratories around the world are the factors driving the growth of market.
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