About Laboratory Consumables Packaging
Laboratory consumables packaging is of paramount importance to avoid contamination of biological specimens. Growing awareness among consumers in need of healthcare has resulted in increased expectations and a need for accurate test results, which makes them a must have for any laboratory. In addition to the healthcare industry, laboratory consumables packaging also find applications in government institutions, pharmaceutical and industrial sectors for research purpose. The term laboratory consumables refers to laboratory grade beakers, funnels, burettes, pipettes, measuring tubes & cylinders. Laboratory consumables packaging includes various types of glassware, plastics and flexible packaging solutions for samples. The global laboratory consumables packaging market therefore, is expected to have a largely positive outlook over the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Laboratory Consumables Packaging market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eppendorf AG (Germany), DWK Life Sciences (United States), Bellco Glass (United States), Gerresheimer (Germany), Gilson (United States), Mettler-Toledo International (United States), Citotest Labware Manufacturing (China), Nalge Nunc International (United States) and Savillex (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Corning (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Laboratory Consumables Packaging market by Type (Vials, Tubes, Pipettes, Burettes, Flasks, Petri Dishes, Beakers and Closures), Application (Healthcare Industry, Pharmaceutical Industry, Food & Beverage Industry and Forensics) and Region.
On the basis of geography, the market of Laboratory Consumables Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Materila, the sub-segment i.e. Plastic will boost the Laboratory Consumables Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Cell culture will boost the Laboratory Consumables Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing applications in research ensures a promising future outlook
Market Growth Drivers:
Advancement in biological and chemical research and High accuracy and reliability in measurement and quality
Challenges:
Growth of the global laboratory consumables market might also be hampered by various disrupting factors in the market
Restraints:
Need for standardization and harmonization of laboratory consumables packaging calibration
Opportunities:
Need for safety of laboratory chemicals and protection against foreign contamination
Market Leaders and their expansionary development strategies
In March 2020, German producer and seller of laboratory products and services, Eppendorf AG and with Japan-based Koki Holdings Co., Ltd entered into an agreement to acquire the latter’s centrifuge business. Koki Holdings Co., Ltd is a manufacturer of electric equipment and tools. This acquisition is anticipated to strengthen its market position as one of the leading producers of technologically advanced centrifuges. The acquisition is also expected to widen the geographical reach of Eppendorf AG in the times to come.
In November 2023, Amcor, a global leader in developing and producing responsible packaging solutions, has announced the launch of the next generation of its Medical Laminates solutions. Amcor’s latest innovation enables the development of all-film packaging that is recyclable in the polyethylene stream.
Key Target Audience
Laboratory Consumables Packaging Manufactures, New Entrants and Investors, Laboratory Consumables Packaging Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.