The Worldwide Laboratory Glassware & Plasticware Industry is Expected to Reach $7.71 Billion by 2027


Dublin, Dec. 09, 2021 (GLOBE NEWSWIRE) -- The "Global Laboratory Glassware & Plasticware Market (2021-2027) by Products, End Users and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Laboratory Glassware & Plasticware Market is estimated to be USD 6.2 Bn in 2021 and is expected to reach USD 7.71 Bn by 2027, growing at a CAGR of 3.7%.

Market Dynamics

Key factors such as increasing number of research and development laboratories, increasing demand for plasticware and glassware products for clinical use in hospitals and forensic laboratories as they are lightweight, recyclable, cost-effective, and non-breakable, government support in the field of pharmaceutical and drug discovery, etc. are expected to be the major driver for the market growth of global laboratory glassware & plasticware market. The growing prevalence of chronic diseases and advancements in glassware production technologies also helps in driving the growth of the market.

However, lack of funds in some of the research & development activities and brittle nature of glass resulting in a low preference for glassware products and thus may create hindrances in the growth of the Global Laboratory Glassware & Plasticware Market.

Recent Developments
1. DWK Life Sciences GmbH acquires Muller + Muller-Joh. GmbH & Co. KG for further expansion of the pharma packaging division made of tubular glass. - 27th August 2020
2. SP Scienceware, a division of Warminster, PA, based SP Industries Inc. launches a New ProCulture Product Line for cell culture process which includes an array of Shaker Flasks, Spinner Flasks, etc.- 7th April 2020

Company Profiles

Some of the companies covered in this report are Borosil Glass Works Ltd., Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Merck KGaA (Merck Group), Eppendorf AG, Thermo Fisher Scientific Inc., Hamilton Laboratory Glass Ltd., Wheaton Industries Inc. (Duran Group), Mettler-Toledo International Inc., Crystalgen Inc., Technosklo Ltd., PerkinElmer Inc.,

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Laboratory Glassware & Plasticware Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
  • The report also contains the competitive analysis using the Positioning Quadrants, the publisher's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview
4.1 Introduction
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Increasing Number of Research in Biotechnology and Pharmaceutical Industries
4.2.1.2 Increasing Focus on Quality Drives Innovation in Lab Ware
4.2.1.3 Increasing Demand of Plasticware and Glassware Products
4.2.2 Restraints
4.2.2.1 Lack of Funds in R&D Activities
4.2.2.2 Low Preference for Glassware Due to its Brittle Nature
4.2.3 Opportunities
4.2.3.1 Innovation in Glassware & Plasticware Products
4.2.3.2 Increasing Number of Research Laboratories
4.2.4 Challenges
4.2.4.1 Automation and Improved Analytical Instrumentation
4.3 Trends
4.3.1 Advancements in Glassware Production Technologies
4.3.2 Increasing Demand for Compatible Products to Support Automation in Laboratories

5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Laboratory Glassware & Plasticware Market, By Product
6.1 Introduction
6.2 Glassware
6.2.1 Test Tubes
6.2.2 Beakers
6.2.3 Flasks
6.2.4 Pipettes and Pipette Tips
6.2.5 Petri Plates
6.2.6 Others
6.3 Plasticware
6.3.1 Storage Containers
6.3.2 Beakers
6.3.3 Measuring Cylinders
6.3.4 Petri Plates
6.3.5 Others

7 Global Laboratory Glassware & Plasticware Market, By End User
7.1 Introduction
7.2 Hospitals and Diagnostic Centers
7.3 Research and Academic Institutes
7.4 Pharma and Biotech Industries
7.5 Contract Research Organizations
7.6 Contract Manufacturing Organizations
7.7 Food and Beverage Industry
7.8 Others (Environmental and Chemicals/Petrochemicals Industries)

8 Global Laboratory Glassware & Plasticware Market, By Geography

9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Competitive Scenario
9.3.1 Mergers & Acquisitions
9.3.2 Agreement, Collaborations, & Partnerships
9.3.3 New Product Launches & Enhancements
9.3.4 Investments & Funding

10 Company Profiles

11 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/q31nk4

 

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