Global Laboratory Glassware Market Size study & Forecast, by Product (Glassware, Plasticware), by End User (Research & Academic Institutes, Hospitals & Diagnostics Centers, Pharmaceutical & Biotechnology Industries, Contract Research Organizations, Food &

Global Laboratory Glassware Market Size study & Forecast, by Product (Glassware, Plasticware), by End User (Research & Academic Institutes, Hospitals & Diagnostics Centers, Pharmaceutical & Biotechnology Industries, Contract Research Organizations, Food & beverage Industry, Other End Users) and Regional Analysis, 2023-2030

Global Laboratory Glassware Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.7% over the forecast period 2023-2030. Laboratory glassware refers to a broad range of specialized glass containers and equipment used in scientific research, analysis, and experimentation. Designed to withstand high temperatures, chemical reactions, and precise measurements, laboratory glassware includes items such as beakers, flasks, test tubes, pipettes, burettes, petri dishes, and various other vessels. It provides a reliable and inert material for holding, mixing, heating, cooling, and measuring substances in laboratories across fields such as chemistry, biology, physics, pharmaceuticals, and healthcare, facilitating accurate observation, analysis, and experimentation in scientific settings. The driving factors boosting the market growth are the growing healthcare industry and the expansion of the pharmaceutical and biotechnology sectors.

According to Statista, the healthcare market is forecasted to achieve a revenue of USD 58.23 billion in 2023 and exhibit a CAGR of 10.49% from 2023 to 2027, leading to a market volume of USD 86.77 billion by 2027. Another factor driving the market is an expansion of the pharmaceutical and biotechnology sectors. The pharmaceutical and biotechnology sectors are witnessing significant growth globally. These industries heavily rely on laboratory glassware for various processes, such as drug formulation, quality control testing, and research activities. Moreover, rising demand for personalized medicine and advancements in Lab-on-a-Chip Technology is expected to create lucrative opportunities in the market. However, the high cost of Laboratory Glassware and the availability of substitutes such as disposable plasticware stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Laboratory Glassware Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to advanced R&D facilities, well-established healthcare, and pharmaceutical industries, robust industrial and biotechnology sectors, and a well-developed distribution network. Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as increasing investments in Research and Development, increasing focus on healthcare infrastructure, emergence of Contract Research Organization (CROs) and developing manufacturing capabilities of local manufacturers to produce high-quality laboratory glassware.

Major market player included in this report are:
Corning Incorporated
DWK Life Sciences (formerly Duran Group)
Thermo Fisher Scientific Inc.
Gerresheimer AG
Sartorius AG
Bellco Glass, Inc.
Borosil Glass Works Ltd.
Kimble Chase Life Science and Research Products LLC
Wilmad-LabGlass (SP Industries, Inc.)
Nalge Nunc International Corporation

Recent Developments in the Market:
In June 2023, Corning Incorporated and SGD Pharma formed a joint venture, including the establishment of a new glass tubing facility in India, aimed at enhancing pharmaceutical manufacturing. The partnership also enables SGD Pharma to utilize Corning's Velocity® Vial technology platform.

Global Laboratory Glassware Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Glassware
Plasticware
By End User:
Research & Academic Institutes
Hospitals & Diagnostic Centers
Pharmaceutical & Biotechnology Industries
Contract Research Organizations
Food & Beverage Industry
Other End Users

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Corning Incorporated
DWK Life Sciences (formerly Duran Group)
Thermo Fisher Scientific Inc.
Gerresheimer AG
Sartorius AG
Bellco Glass, Inc.
Borosil Glass Works Ltd.
Kimble Chase Life Science and Research Products LLC
Wilmad-LabGlass (SP Industries, Inc.)
Nalge Nunc International Corporation

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