Laboratory Glass Container Market Size, Share & Industry Analysis, By Type (Dish, Bottle, Flask, Pipette, Burette, Test Tube, Droppers), By Application (Chemical Laboratory, Pharmaceutical Laboratory, Biological Laboratory, Food-Testing Laboratory, Others) and regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Research is one of the basic aspects for development in any sector. The developments of various materials, medicines, chemicals and many other things are the biggest challenges of the century. The development of antidotes, chemicals, medicines, and many other pharmaceutical drugs are carried out in laboratories using glassware. This glassware is precise, accurate and possess various other properties which make it ideal for usage.
Increasing demand from pharmaceuticals and chemical laboratories attributed to the extensive research and diagnosis of niche diseases is likely to create demand for glass containers. For instance, the COVID-19 pandemic has upsurge the research activities for the medication to cure the diseases. Additionally, the increasing number of forensics, pathological and biological laboratories are boosting the market growth.
However, fragility and brittle nature of the glass containers is likely to hamper the market growth.
Key Market Driver -
Increasing demand from pharmaceutical and chemical sector.
Key Market Restraint -
Fragility and brittleness of the glassware.
Market Segmentation:
Based on type, the market is segmented dish, bottle, flask, pipette, burette, test tube, droppers, and others. Based on application, the market is segmented into chemical laboratory, pharmaceutical laboratory, biological laboratory, food-testing laboratory, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key Players Covered:
The global laboratory glass container market consists of global & regional players operating. Some of the key players in the market include Corning, Gerresheimer, Thermo Fisher Scientific, Eppendorf, Sartorius, Bellco Glass, Inc., Hamilton Laboratory Glass, BOROSIL¸ Glassco Laboratory Equipments Pvt. Ltd., SciLabware Limited, and Others.
Key Insights
- New Advancements in Production Technologies
- Key Trends in the Laboratory Glass Container Market
- New Product Launches, Expansions, Key Players
- Ranking of Key Players in the Market
Regional Analysis:
The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the largest market for the glass containers attributed to the high R&D in the pharmaceutical and healthcare sectors. However, the increasing investment and manufacturing in Asian countries like China, Japan and South Korea is expected to surpass North America market share by the end of forecast period. Europe is expected to show moderate growth due to the considerable contribution of Germany to the GDP of the region. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period.
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Segmentation
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Laboratory Glass Container Industry Developments
- In May 2018, Borosil and Foxx Life Sciences brought quality and innovation to the research community by developing a new line of borosilicate glass bottles ‘PuerGrip’ for safe and comfortable handling of reagent bottles
- In February 2016, Sartorius launched a new mechanical pipette Tacta, which can deliver consistent and accurate results.
- Ongoing
- 2023
- 2019-2022
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