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Laboratory Glassware And Plasticware Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Laboratory Glassware And Plasticware Market Analysis
Market Size & CAGR of Laboratory Glassware And Plasticware Market in 2021
The global laboratory glassware and plasticware market is expected to grow at a CAGR of 4.2% from 2021 to 2026. The market size is projected to reach USD 6.5 billion by 2026.
COVID-19 Impact on the Laboratory Glassware And Plasticware Market
The COVID-19 pandemic has significantly affected the laboratory glassware and plasticware market. Due to disruptions in the supply chain and restrictions on movement, the market faced challenges in 2020. However, with the increased focus on research and development related to the pandemic, the market is expected to recover and witness growth in the coming years.
Laboratory Glassware And Plasticware Dynamics
The laboratory glassware and plasticware market is driven by the growing demand for high-quality lab equipment in research institutions, pharmaceutical companies, and academic laboratories. The advancements in technology and the increasing focus on precision and accuracy in experiments also contribute to the market growth.
Segments and Related Analysis
The laboratory glassware and plasticware market can be segmented based on product type, end-user, and region. The product type segment includes glassware and plasticware, while the end-user segment covers research laboratories, pharmaceutical companies, and academic institutions.
By Region Analysis
The market for laboratory glassware and plasticware is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America currently dominates the market due to the presence of key players and technological advancements in the region.
Key Market Players and Competitive Landscape
Some of the key players in the laboratory glassware and plasticware market include Corning Inc., Thermo Fisher Scientific, Duran Group, Sartorius AG, and Kimble Chase. The market is highly competitive, with companies focusing on product innovations and strategic partnerships to gain a competitive edge.
Recent Happenings in the Laboratory Glassware And Plasticware Market
In recent years, there has been a growing demand for sustainable and eco-friendly laboratory glassware and plasticware. Companies are increasingly investing in research and development to produce recyclable and environmentally friendly lab equipment. This trend is expected to drive market growth and innovation in the coming years.
