Quick Summary:
Emerging from a fluctuating global climate, the Laboratory Glassware and Plasticware market stands firm, poised for promising growth. This comprehensive report outlines why this market's value is projected to reach an impressive $7.6 billion by 2030, up from $5.9 billion in 2022. Uncover the factors driving this trend, including a revealing exploration into high-growth segments like Glass Pipettes and Pipette Tips.
The United States remains a formidable entity in this market with an estimated market worth of $1.6 Billion in 2022. However, don't overlook the potential of robust economies like China, forecasted to trail closely with a value of $1.5 Billion by 2030. This report also homes in on other key geographic markets, each exhibiting their unique growth percentage over the 2022-2030 period. For a globally nuanced insight into the Laboratory Glassware and Plasticware market, make this insightful resource an essential asset in your business strategy planning.
Global Laboratory Glassware and Plasticware Market to Reach $7.6 Billion by 2030
The global market for Laboratory Glassware and Plasticware estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$7.6 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2022-2030. Glass Pipettes and Pipette Tips, one of the segments analyzed in the report, is projected to record a 1.5% CAGR and reach US$636.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Glass Burettes segment is readjusted to a revised 1.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 5.2% CAGR
The Laboratory Glassware and Plasticware market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2030 trailing a CAGR of 5.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 2.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1 Billion by the year 2030.Select Competitors (Total 82 Featured) -
- Bellco Glass Inc.
- Borosil Glass Works Limited
- Duran Group GmbH
- Eppendorf AG
- Gerresheimer AG
- Kimble Chase Life Science
- Mettler-Toledo International Inc.
- SciLabware Limited
- Thermo Fischer Scientific Inc.
- Wheaton Industries Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Laboratory Glassware and Plasticware?
What is the growth rate of the Global Market for Laboratory Glassware and Plasticware?
What is the forecasted size of the Global Market for Laboratory Glassware and Plasticware?
Who are the key companies in the Global Market for Laboratory Glassware and Plasticware?
| Report Attribute | Details |
|---|---|
| No. of Pages | 293 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 5.9 Billion |
| Forecasted Market Value ( USD | $ 7.6 Billion |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Bellco Glass Inc.
- Borosil Glass Works Limited
- Duran Group GmbH
- Eppendorf AG
- Gerresheimer AG
- Kimble Chase Life Science
- Mettler-Toledo International Inc.
- SciLabware Limited
- Thermo Fischer Scientific Inc.
- Wheaton Industries Inc.
