16-Jan-2023 | Facts and Factors
According to Facts and Factors, the global laboratory glassware and plasticware market size was worth around USD 6.12 billion in 2021 and is predicted to grow to around USD 7.52 billion by 2030 with a compound annual growth rate (CAGR) of roughly 3.45% between 2022 and 2030.
Equipment in laboratories is the most important investment as they are essential to carry out different tests, trials, and examinations. Glassware and plasticware in laboratories are sub-segments of this equipment. Glassware was the most widely accepted form of laboratory accessories until the introduction of plasticware due to its operational and cost efficiency.
Browse the full “Laboratory Glassware and Plasticware Market Size, Share, Growth Analysis Report By Product Type (Plasticware (Beakers, Storage Boxes, Flasks, Funnels, Measuring Cylinders, and Others), and Glassware (Beakers, Pipettes, Test Tubes, Burettes, Flasks, and Others), By End-User (Hospitals & Diagnostic Centers, Food & Beverage Industry, Research Centers, Pharmaceutical & Biotechnology Companies, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030" report at https://www.fnfresearch.com/laboratory-glassware-and-plasticware-market
However, both types of containers including beakers, flasks, pipettes, and other objects can be found in all small to large-scale laboratories. Depending on the requirements, researchers of laboratory authorities can choose between glassware or plasticware. Glass is preferred because of its resistance to various compounds including alkalis, acids, saline solutions, solvents, and others. The only substances that should not be used in glass containers are hydrofluoric acid, concentrated phosphoric acid, and alkalis with strong concentrations at high temperatures.
Laboratory glassware is different from normal glasses due to its peculiar requirements. There are two main types of glasses that are used in such circumstances; namely, soda-lime glass and borosilicate glass. Plasticware is gaining the popularity and attention of the research community driven by factors like its high reusability and the ability to be autoclaved. Plasticware is more eco-friendly as it can be recycled which means it's more effective for ergonomics.
The global laboratory glassware and plasticware market is projected to grow owing to the increasing research in the pharmaceutical industry, one of the largest consumers of laboratory accessories. As the world population is increasing, the number of medical patients has been rising rapidly due to factors like overpopulation, poor hygiene, genetic modification, and the general behavior of the ecosystem. Covid-19 is the quintessential example of this behavior.
By the end of December 2020, the virus has affected more than 82 million people worldwide, as per the World Health Organization. There are many diseases that have long existed without any cure, for instance, diabetes, cancer, and HIV. Such factors are highly influential in changing the course of research & development (R&D) in the pharmaceutical world which is responsible for developing cures and medicines to treat the conditions.
One of the key restraining factors in the global market is the poor quality of clarity in plasticware and the brittleness of glassware. Plastic products lack the clarity that glassware can offer. They can be easily tainted and are more affected when working at high temperatures. This could potentially impact the final results as graduation marks become unclear with years of use. Glassware on the other hand is more brittle than plasticware meaning it can easily break if it hits the ground or concrete with force resulting in loss of resources including the content of the glassware. Although there is growing research on managing the disadvantages posed by both types of laboratory accessories.
The growing innovation in the F&B sector may provide market growth opportunities whereas the high cost of glassware is anticipated to act as a challenge during the growth phase.
Segmental Overview
The global laboratory glassware and plasticware market is segmented based on product type, end-user, and region
Based on product type, the global market is segmented as plasticware and glassware. The former segment is further divided into beakers, storage boxes, flasks, funnels, measuring cylinders, and others while the latter is divided into beakers, pipettes, test tubes, burettes, flasks, and others.
In 2021, the global market witnessed the highest growth in the glass segment due to high product penetration. Plasticware is slowly gaining more traction over glassware due to its cost-effectiveness. Borosilicate glasses are the most commonly used glasses for laboratories since they exhibit low expansion, however, they are expensive due to the production process involved. Glassware made of borosilicate can handle a temperature up to 400°C but for a short time.
Based on end-user, the global market divisions are hospitals & diagnostic centers, food & beverage industry, research centers, pharmaceutical & biotechnology companies, and others. The global market registered the highest growth in the research centers segment followed by pharmaceutical & biotechnology companies. For any research unit, equipment is the most important part of the inventory. As per the US Congressional Budget Office, more than USD 83 billion was allocated to the pharmaceutical industry for research & development.
Regional Overview
North America is anticipated to lead the global laboratory glassware and plasticware market owing to the presence of the biggest brands working in the production of these accessories in the US. Thermo Fisher Scientific, a leading supplier of scientific reagents, instrumentation, and software services, is housed in the United States and reported sales of USD 10,600 million in the first quarter of 2022. Asia-Pacific is projected to be led by the growing number of domestic manufacturers owing to the availability of space and skilled labor. Countries like India and China are becoming hub spaces for the production of these accessories with supply chains reaching international borders.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 6.12 Billion |
Projected Market Size in 2030 |
USD 7.52 Billion |
CAGR Growth Rate |
3.45% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2030 |
Key Market Players |
Eppendorf AG, Thermo Fisher Scientific, Sartorius AG, Technosklo Ltd, Duran Group, Crystalgen Inc., and others. |
Key Segment |
By Product Type, End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Competitive Landscape:
The global laboratory glassware and plasticware market is led by players like Eppendorf AG, Thermo Fisher Scientific, Sartorius AG, Technosklo Ltd, Duran Group, and Crystalgen Inc.
Recent Developments:
- In July 2022, Bausano announced the addition of a new R&D laboratory focusing on the development of new plastic formulations
- In January 2022, Polycarbin introduced to the world its first line of laboratory products with low-impact features. The collection is called ‘Closed-Loop’
The global laboratory glassware and plasticware market is segmented as follows
By Product Type
- Plasticware
- Beakers
- Storage Boxes
- Flasks
- Funnels
- Measuring Cylinders
- Others
- Glassware
- Beakers
- Pipettes
- Test Tubes
- Burettes
- Flasks
- Others
By End-User
- Hospitals & Diagnostic Centers
- Food & Beverage Industry
- Research Centers
- Pharmaceutical & Biotechnology Companies
- Others
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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