Laboratory Glassware & Plasticware Market by Product Type (Glass Product, Plastic Product), Usage (Disposable, Reusable), Distribution Channel, End User - Global Forecast 2024-2030

Laboratory Glassware & Plasticware Market by Product Type (Glass Product, Plastic Product), Usage (Disposable, Reusable), Distribution Channel, End User - Global Forecast 2024-2030

The Laboratory Glassware & Plasticware Market size was estimated at USD 7.92 billion in 2023 and expected to reach USD 8.36 billion in 2024, at a CAGR 5.37% to reach USD 11.43 billion by 2030.

Laboratory glassware and plasticware refer to the vast array of scientific instruments and containers produced from glass or plastic materials, which are employed for various experimental, analytical, and storage purposes within research laboratories, educational institutions, and industrial settings. Glassware is preferred for its high resistance to heat and chemicals, whereas plasticware is a cost-effective alternative that offers durability and flexibility. Rising demand for specialized lab equipment due to advancements in life science technologies such as genomics & proteomics and investments in R&D activities driven by the increasing focus on healthcare innovation contributing to the significant growth of the market. Furthermore, issues related to higher temperatures and glassware breakability issues, along with its disposal concerns, limit the adoption of laboratory glassware and plasticware. Moreover, advancements in new production technologies and the development of novel materials with innovative designs to optimize space utilization create lucrative opportunities for market growth.

Regional Insights

The American region's laboratory glassware and plasticware market is characterized by robust research infrastructure and high investments in R&D activities. Strong demand for advanced laboratory equipment from pharmaceutical companies and a rising focus on clinical diagnostics in healthcare settings are driving the market in the American region. European countries have been at the forefront of research initiatives promoting science-based innovation. The European government's programs aimed at strengthening Europe's competitiveness by supporting R&D projects across all sectors. This has resulted in increased demand for reliable lab supplies such as glassware and plasticware among academic institutions and biotechnology companies within the region. Ongoing investments in healthcare infrastructure development have contributed to increased demand for lab equipment in the EMEA region. APAC countries, including China, Japan, and India, are investing heavily in innovative advancements such as new material development, indicating their dedication to innovation in this domain. Moreover, the rapidly expanding pharmaceutical industry has bolstered the demand for lab supplies within the region.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Laboratory Glassware & Plasticware Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing number of pharmaceutical research & development activities
Growing government regulations to ensure the laboratory equipment quality & safety
High potential for disposable laboratory plasticware

Market Restraints

Issues related to higher temperatures and glassware breakability issues

Market Opportunities

Rising adoption of eco-friendly materials & practices in manufacturing laboratory glassware & plasticware
Growing incorporation of smart technologies to enable remote monitoring & control of equipment

Market Challenges

Concerns related to breakage and contamination in glassware

Market Segmentation Analysis

Product Type: Higher preference for laboratory glass products to maintain superior sample quality
Usage: Increasing utilization of disposable laboratory glassware and plasticware to maintain sterility
Distribution Channel: Increasing preference for online sales channel due to the ease of access to a broader range of products
End User: Increasing research and development activities in the pharmaceutical sector driving the glassware & plasticware adoption

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Laboratory Glassware & Plasticware Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Laboratory Glassware & Plasticware Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

DWK Life Sciences GmbH Completes Acquisition of Assem-Pak | Aluseal

DWK Life Sciences GmbH, a global manufacturer and supplier of laboratory glassware, plasticware, and primary packaging solutions, acquired Assem-Pak | Aluseal. Assem-Pak, based in Vineland, New Jersey, specializes in rubber stoppers, aluminum seals, cleaning services, and packaging solutions for the Life Science industries. This strategic acquisition allows DWK Life Sciences GmbH to offer an even wider range of customizable packaging solutions at every stage of the development process. It further reinforces DWK's value proposition of providing integrated solutions to streamline supply chains. By adding Assem-Pak to its portfolio, DWK Life Sciences GmbH continues to expand its presence in the Life Science packaging solutions market, further solidifying its position as a leading provider in the industry.

Borosil Limited Subsidiary to Acquire a Majority Stake in Goel Scientific Glass Works

Borosil Limited, through its subsidiary Klass Pack Limited, has entered into a binding share purchase agreement to acquire an initial 90.17% stake in Goel Scientific Glass Works Limited. Upon completion of the transaction, GSGWL would become a subsidiary of KPL and, in turn, a step-down subsidiary of Borosil. KPL is engaged in the primary pharmaceutical packaging business, manufacturing tubular glass vials and ampoules for the pharmaceutical industry. Subject to approval from the National Company Law Tribunal, Mumbai Bench, KPL's lab glassware, lab instrumentation, and pharma packaging businesses would be consolidated into one entity. As part of this consolidation, KPL is proposed to be renamed Borosil Scientific Limited and listed on BSE and NSE.

Globe Scientific Inc. Introduces Globe Glass Premium Quality Laboratory Glassware with Superior Packaging

Globe Scientific Inc. launched Globe Glass, a line of premium quality laboratory glassware designed to meet the needs of laboratory professionals and supply distributors alike. Globe Glass provides exceptional quality, reliable performance, and affordability, all in one package. One of the standout features of Globe Glass is innovative GlassGuard packaging, specifically engineered to provide maximum protection during shipment. From individual pieces to full cases, GlassGuard ensures that your Globe Glass laboratory glassware arrives in perfect condition, ready for immediate use.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Laboratory Glassware & Plasticware Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Laboratory Glassware & Plasticware Market, highlighting leading vendors and their innovative profiles. These include Advin Health Care, Bellco Glass Inc., Biologix Group Limited, Boeckel + Co (GmbH + Co) KG, Borosil Limited, Brand GMBH + CO KG, Chemglass, Inc., Citotest Scientific Co.,Ltd., Corning Incorporated, Crystalgen, Inc., DWK Life Sciences GmbH, Eppendorf SE, Gerresheimer AG, Glassco Laboratory Equipments Pvt. Ltd., GLASWARENFABRIK KARL HECHT GMBH & CO KG, Globe Scientific Inc., Hamilton Laboratory Glass Ltd., Merck KGaA, Mettler-Toledo International Inc., Poulten & Graf GmbH, Quark Glass, Sarstedt AG & Co. KG, Sartorius AG, Savillex, LLC, Sibata Scientific Technology Holdings Limited, Supertek Glassware, Technosklo S.R.O., Thermo Fisher Scientific Inc., VITLAB GmbH, and Wilmad-LabGlass – SP Scienceware.

Market Segmentation & Coverage

This research report categorizes the Laboratory Glassware & Plasticware Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product Type
Glass Product
Glass Beakers
Glass Burettes
Glass Flasks
Glass Petri Dishes
Glass Pipettes & Pipette Tips
Glass Storage Containers
Plastic Product
Plastic Beakers
Plastic Flasks
Plastic Pipettes & Pipette Tips
Plastic Storage Containers
Usage
Disposable
Reusable
Distribution Channel
Offline Outlets
Online
End User
Contract Research Organizations
Food & Beverage Industry
Hospitals & Diagnostic Centers
Pharmaceutical & Biotechnology Industry
Research & Academic Institutes
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year