Global Laboratory Glassware & Plasticware Market 2021-2026

The "Global Laboratory Glassware & Plasticware Market (2021-2026) by Products, End-users, Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Laboratory Glassware & Plasticware Market is estimated to be USD 6.01 Bn in 2021 and is expected to reach USD 7.21 Bn by 2026, growing at a CAGR of 3.7%.

Market Dynamics

Key factors such as increasing number of research and development laboratories, increasing demand for plasticware and glassware products for clinical use in hospitals and forensic laboratories as they are lightweight, recyclable, cost-effective, and non-breakable, government support in the field of pharmaceutical and drug discovery, etc. are expected to be the major driver for the market growth of the global laboratory glassware & plasticware market.

The growing prevalence of chronic diseases and advancements in glassware production technologies also helps in driving the growth of the market.

However, lack of funds in some of the research & development activities and brittle nature of glass resulting in a low preference for glassware products and thus may create hindrances in the growth of the Global Laboratory Glassware & Plasticware Market.

Market Segmentation

The Global Laboratory Glassware & Plasticware Market is segmented further based on Products, End Users and Geography.

By Product, the market is classified as glassware and plasticware. Further, the Glassware is segmented into Test Tubes, Beakers, Flasks, Pipettes and Pipette Tips, Petri Plates, and others. Plasticware is segmented into Storage Box, Beakers, Measuring Cylinders, Petri Plates, and others. Amongst the two, the Glassware segment is estimated to hold the highest market share. Furthermore, Pipettes and Pipette Tips in the Glassware segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified into Hospitals and Diagnostic Centers, Research and Academic Institutes, Pharma and Biotech Industries, Contract Research Organizations, Contract Manufacturing Organizations, Food and Beverage Industry and Others (Environmental and Chemicals/Petrochemicals Industries). Amongst these, the hospitals and diagnostic centers segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market during the forecast period.

Recent Developments

• DWK Life Sciences GmbH acquires Muller + Muller-Joh. GmbH & Co. KG for further expansion of the pharma packaging division made of tubular glass. - 27th August 2020

• SP Scienceware, a division of Warminster, PA, based SP Industries Inc. launches a New ProCulture Product Line for cell culture process which includes an array of Shaker Flasks, Spinner Flasks, etc. - 7th April 2020