The laboratory glassware market has demonstrated substantial growth in recent years, projected to increase from $2.89 billion in 2023 to $3.04 billion in 2024, with a CAGR of 5.1%. The historical growth is attributed to a rise in educational institutions, an increase in research facilities, expansion in the healthcare industry, greater standardization and quality control, and a surge in clinical trials. Looking to the future, the laboratory glassware market is expected to experience continued growth, reaching $3.72 billion by 2028 at a CAGR of 5.2%. This growth in the forecast period is driven by factors such as the increasing focus on personalized and precision medicine, rising funding for scientific research, advancements in materials science, and a growing number of clinical trials. Key trends in the forecast period include the adoption of sustainable materials, integration of automation, advanced coatings for durability, and enhanced safety features to ensure compliance and efficacy in laboratory settings.
Global Laboratory Glassware Market Key Driver
The increasing number of research laboratories is expected to propel the growth of the laboratory glassware market going forward. Research laboratories encompass academic institutions, healthcare facilities, and industrial businesses. The increasing number of research laboratories is primarily attributed to factors such as advancements in science and technology, rising investments in R&D, and growing demand for innovation across various industries. Laboratory glassware provides precise, chemically resistant, and versatile tools essential for accurately measuring, mixing, and observing substances in scientific experiments. For instance, in March 2024, according to the Centers for Medicare & Medicaid Services, a US-based federal agency, the total number of clinical laboratory improvement amendments (CLIA) laboratories in the United States increased from 286,396 in 2020 to 317,545 in 2024. Therefore, the increasing number of research laboratories is driving the growth of the laboratory glassware market.
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Global Laboratory Glassware Market Segments
The laboratory glassware market covered in this report is segmented –
1) By Product Type: Pipette, Flasks, Burette, Beakers, Storage Containers, Petri Dishes, Other Products
2) By Distribution Channel: Brick And Mortar, E-Commerce
3) By End-Use: Research And Academics Institutes, Pharmaceutical And Biotech Industry, Hospitals And Diagnostic Centers, Contract Research Organizations, Food And Beverage Industry, Other End-Users
By Geography:The regions covered in the laboratory glassware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the laboratory glassware market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Laboratory Glassware Industry Players
Compagnie de Saint-Gobain S.A., Thermo Fisher Scientific Inc., Merck KGaA, Corning Incorporated, Avantor Inc., Sartorius AG, Mettler-Toledo International Inc., Schott AG, Gerresheimer AG, Eppendorf SE, Kavalierglass AS, Chemglass Life Sciences LLC, Borosil Limited, DWK Life Sciences Limited, Hario Co. Ltd., Lenz Laborglas GmbH & Co. KG, LabRepCo LLC, Ace Glass Incorporated, Bellco Glass Inc., Foxx Life Sciences, Abdos Labtech Private Limited, Glassco Laboratory Equipment Pvt. Ltd., Globe Scientific Inc., Isolab Laborgeräte GmbH, VITLAB GmbH
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Laboratory Glassware Market Overview
Laboratory glassware refers to a variety of equipment made from glass, used in scientific laboratories for conducting experiments and research. These items are designed to handle and measure liquids, mix substances, contain reactions, and store samples. Laboratory glassware is valued for its transparency, chemical resistance, and ability to withstand high temperatures.
Laboratory Glassware Global Market Report 2023 provides data on the global laboratory glassware market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The laboratory glassware market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
