Laboratory Glassware Market Scope
Glassware is one of the essential products used in every laboratory. The laboratory glassware is made up of hundreds of commercial glasses, but the low expansion borosilicate glasses are the more suitable for various laboratory applications. The borosilicate laboratory glassware is used to manufacture laboratory glassware items like beakers, flasks, burettes, test tubes, ground joints and other scientific products due to their low coefficient of expansion and the high resistance to chemical attack. With proper caution, lab glassware will withstand nearly all temperatures used in normal laboratory use. The global laboratory glassware market is anticipated to witness a significant growth owing to rising need of instruments for purification and separation of molecules and growing genomics-based research
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Largest Market | North America |
Unit | Value (USD Million) |
Key Companies Profiled | Gerresheimer AG (Germany), DURAN Group (Germany), Bellco Glass, Inc. (United States), Kimble Chase Life Science and Research Products LLC (United States), Corning Incorporated (United States), Quark Enterprises (United States), Hamilton Laboratory Glass (United Kingdom), Eagle Laboratory Glass Company (United States), BOROSIL (India), Sibata Scientific technology Ltd. (Japan) and Glassco Laboratory Equipments Pvt. Ltd. (India) |
CAGR | % |
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions across the world to avail competitive advantage through combined synergies Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Laboratory Glassware market throughout the predicted period.
Gerresheimer AG (Germany), DURAN Group (Germany), Bellco Glass, Inc. (United States), Kimble Chase Life Science and Research Products LLC (United States), Corning Incorporated (United States), Quark Enterprises (United States), Hamilton Laboratory Glass (United Kingdom), Eagle Laboratory Glass Company (United States), BOROSIL (India), Sibata Scientific technology Ltd. (Japan) and Glassco Laboratory Equipments Pvt. Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are SCAM Lab Glass (India), Tianbao Glass Instrument (China), Shanghai Heqi Glassware (China) and SciLabware Limited (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Laboratory Glassware market by Type , by Application (Chemical Laboratory, Pharmaceutical Laboratory, Food Testing Laboratory, Research Centers, Forensic Laboratory and Others) and Region with country level break-up.
On the basis of application, Chemical Laboratory segment is dominating the market in the year 2023 where as Pharmaceutical Laboratory segment stood as second largest market.
On the basis of geography, the market of Laboratory Glassware 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). North America region held largest market share in the year 2023. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
In May 2023,DWK Life Sciences (“DWK”), a leading global manufacturer and supplier of laboratory glassware, plasticware, and primary packaging solutions, has completed the acquisition of Assem-Pak | Aluseal (“Assem-Pak”), a U.S. company based in Vineland, New Jersey. Assem-Pak, which was founded 23 years ago and currently employs 110 people at their New Jersey facility, specializes in the production of premium rubber stoppers and aluminum seals as well as premium services such as washing, cleaning, assembling, and kitting of primary packaging for the Life Science market.
In March 2022, Globe Scientific has launched Globe Glass premium quality laboratory glassware with superior GlassGuard packaging that is designed to meet the needs of both laboratory professionals and laboratory supply distributors.
Influencing Trend:
Increasing Research in Biotechnology and Pharmaceutical Industries
Market Growth Drivers:
Rising Need of Instruments for Purification and Separation of Molecules and Government Is Providing Funds for Research and Development Primarily in Emerging Countries
Challenges:
Private Labelling and Fragmented Market
Restraints:
Presence of Alternatives to Laboratory Glassware Such As Laboratory Plastic Ware and Brittle Nature of Glass
Opportunities:
New Development like Speciality Glassware
Key Target Audience
Manufacturers of Laboratory Glassware, Suppliers of Laboratory Glassware, Wholesalers, Distributors and Retailers of Laboratory Glassware, Research Laboratories, Governmental Bodies and Research Firms and Organizations