Global Laboratory Glassware Market Size, Share, and COVID-19 Impact Analysis, By Product (Pipettes, Storage Containers, Flasks, Petri Dishes, and Others), By End User (Research and Academic Institutes, Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Industries, Contract Research Organizations, Food and Beverage Industry, and Others), Distribution Channel (Brick & Mortar, and E-commerce), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Healthcare

RELEASE DATE Apr 2024
REPORT ID SI4158
PAGES 200
REPORT FORMAT PathSoft

Global Laboratory Glassware Market Insights Forecasts to 2033

  • The Global Laboratory Glassware Market Size was Valued at USD 3.55 Billion in 2023
  • The Market Size is Growing at a CAGR of 4.19% from 2023 to 2033
  • The Worldwide Laboratory Glassware Market Size is Expected to Reach USD 5.35 Billion by 2033
  • Asia-Pacific is Expected to Grow the fastest during the forecast period.

 

Global Laboratory Glassware Market

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The Global Laboratory Glassware Market Size is Anticipated to Exceed USD 5.35 Billion by 2033, Growing at a CAGR of 4.19% from 2023 to 2033.

 

Market Overview

Laboratory glassware refers to a variety of equipment used in scientific work and typically manufactured from borosilicate glass. Borosilicate glass is resistant to most types of acid and other chemicals but vulnerable to alkaline substances with a pH value of 9 or greater. It is extensively used in scientific laboratories and for performing specific tasks in experiments, analyses, and research including chemistry, biology, physics, and environmental science.  Laboratory glassware such as beakers, flasks, burettes, and pipettes are essential for chemical analysis in qualitative and quantitative determinations. The chemical inertness of glassware helps to preserve the sample in glass containers like test tubes, vials, and bottles. Additionally, in biological and biomedical research, glassware such as petri dishes, culture tubes, and Erlenmeyer flasks are used for research activities for growing and studying cells, tissues, and microorganisms. Laboratory glassware has diverse market applications like pharmaceutical manufacturing, environmental analysis, food and beverage testing, academic and educational laboratories, and forensic analysis. The rising emphasis on environmental testing and analysis promotes the market demand for laboratory glassware to conduct various air, water, soil, and other sample tests. Furthermore, technological advancement enhances the overall efficiency and effectiveness of laboratory experiments positively affecting the laboratory glassware market.     

 

Report Coverage

This research report categorizes the market for the global laboratory glassware market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global laboratory glassware market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global laboratory glassware market.

 

Global Laboratory Glassware Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 3.55 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 : 4.19%
2033 Value Projection:USD 5.35 Billion
Historical Data for:2019 - 2022
No. of Pages:200
Tables, Charts & Figures:110
Segments covered:By Product, By End User, Distribution Channel, By Region
Companies covered::Eppendorf AG, Thermo Fisher Scientific, Corning Incorporated, Merck KGaA, Gerresheimer AG, Borosil Limited, Sartorius AG, Astraglass Innovations, Crsytalgen, Inc., DW Life Sciences, TECHNOSKLO Ltd., METTLER TOLEDO, Quark Glass, Hamilton Glass, Eagle Laboratories Glass Company LLC, and Others
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

The advancement in laboratory glassware with the introduction of improved material and design provides a lucrative growth opportunity for laboratory glassware market growth. Further, the expanding scope of scientific research and technological advancements across multiple sectors promotes the market of laboratory glassware. The laboratory glassware is an essential component in R&D activities, the increasing R&D sector surges the market demand for laboratory glassware.  

 

Restraining Factors

The brittle nature of glass resulting in a low preference for glassware restrains the market growth. In addition, lack of funds resulting in fewer research activities is also responsible for restraining the market.

 

Market Segmentation

The global laboratory glassware market share is classified into product, end user, and distribution channel.

  • The pipettes tips segment is expected to hold the largest share of the global laboratory glassware market during the forecast period.    

Based on the product, the global laboratory glassware market is categorized into pipettes, storage containers, flasks, petri dishes, and others. Among these, the pipettes segment is expected to hold the largest share of the global laboratory glassware market during the forecast period. A pipette is an essential tool that is used to accurately measure and transfer liquids. The growing demand for precision in liquid handling has contributed to the steady growth of the pipettes market. The growing usage of glass pipettes and pipette tips in academic institutes and research laboratories is anticipated to enhance the glassware market in the pipette and pipette tips segment. 

 

  • The pharmaceutical and biotechnology industries segment is expected to grow at the fastest CAGR during the forecast period.    

Based on the end user, the global laboratory glassware market is categorized into research and academic institutes, hospitals and diagnostic centers, pharmaceutical and biotechnology industries, contract research organizations, food and beverage industry, and others. Among these, the pharmaceutical and biotechnology industries segment is expected to grow at the fastest CAGR during the forecast period. Drug discovery in the pharmaceutical industry plays a crucial role in accurate liquid handling, sample preparation, and experimentation with controlled conditions. On the other side, monoclonal antibodies and recombinant proteins increase the market demand. There is growing advancement in glassware design and material to meet stringent quality standards in biopharma products which ultimately promote the market.

 

  • The brick & mortar segment is expected to hold a significant share of the global laboratory glassware market during the forecast period.

Based on the distribution channel, the global laboratory glassware market is categorized into brick & mortar, and e-commerce. Among these, the brick & mortar segment is expected to hold a significant share of the global laboratory glassware market during the forecast period. Laboratory glassware is easily accessible from brick & mortar platforms for academic and pharmaceutical applications. It fulfills the demand for laboratory glassware at high volume for institutional purposes.

 

Regional Segment Analysis of the Global Laboratory Glassware Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global laboratory glassware market over the predicted timeframe.

 

Global Laboratory Glassware Market

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North America is projected to hold the largest share of the global laboratory glassware market over the forecast period. The presence of major key players and a well-developed healthcare sector in the North American region propel the market growth. In addition, consumer’s high disposable income and high healthcare expenditure are expected to aid in market growth in the region.

 

Asia-Pacific is expected to grow at the fastest CAGR growth of the global laboratory glassware market during the forecast period. The increasing R&D activities and healthcare expenditure are likely to expand market growth in the Asia-Pacific region. Further, rising government support and technological advancements by the leading players in the region are responsible for the laboratory glassware market.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global laboratory glassware market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Eppendorf AG
  • Thermo Fisher Scientific
  • Corning Incorporated
  • Merck KGaA
  • Gerresheimer AG
  • Borosil Limited
  • Sartorius AG
  • Astraglass Innovations
  • Crsytalgen, Inc.
  • DW Life Sciences
  • TECHNOSKLO Ltd.
  • METTLER TOLEDO
  • Quark Glass
  • Hamilton Glass
  • Eagle Laboratories Glass Company LLC
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs) 

 

Recent Developments

  • In April 2023, Borosil subsidiary acquired Goel Scientific Glass Works. Borosil Limited has signed a binding share purchase agreement (SPA) through its subsidiary to acquire an initial 90.17 per cent stake in Goel Scientific Glass Works Limited (GSGWL), among the oldest scientific glassware companies in the country.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global laboratory glassware market based on the below-mentioned segments:  

 

Global Laboratory Glassware Market, By Product

  • Pipettes
  • Storage Containers
  • Flasks
  • Petri Dishes
  • Others

 

Global Laboratory Glassware Market, By End User

  • Research and Academic Institutes
  • Hospitals and Diagnostic Centers
  • Pharmaceutical and Biotechnology Industries
  • Contract Research Organizations
  • Food and Beverage Industry
  • Others

 

Global Laboratory Glassware Market, By Distribution Channel

  • Brick & Mortar
  • E-commerce

 

Global Laboratory Glassware Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the global laboratory glassware market over the forecast period?
    The global laboratory glassware market is projected to expand at a CAGR of 4.19% during the forecast period.
  • 2. What is the projected market size & growth rate of the global laboratory glassware market?
    The global Laboratory Glassware market was valued at USD 3.55 Billion in 2023 and is projected to reach USD 5.35 Billion by 2033, growing at a CAGR of 4.19% from 2023 to 2033.
  • 3. Which region is expected to hold the highest share in the global laboratory glassware market?
    The North America region is expected to hold the highest share of the global laboratory glassware market.

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