Laboratory Glassware Market Report 2024

This Laboratory Glassware market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The laboratory glassware and plasticware market size has grown steadily in recent years. It will grow from $6.09 billion in 2023 to $6.35 billion in 2024 at a compound annual growth rate (CAGR) of 4.2%. The growth during the historic period can be attributed to a higher demand for plasticware, an increase in chronic disease prevalence, the expansion of research facilities, a rise in research activities, and a boost in investments in the healthcare sector.

The laboratory glassware and plasticware market size is expected to see steady growth in the next few years. It will grow to $7.5 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth expected during the forecast period can be attributed to rising funding in R&D across various industries, expanding healthcare infrastructure, the growth of biopharmaceutical industries, increasing adoption of automated lab systems, and a rising demand for personalized medicine. Key trends in the forecast period include developments in eco-friendly and recyclable materials, the integration of smart technologies, innovations in personalized solutions, advancements in automated lab systems, and improvements in online sales channels.

The growth in the number of diagnostic laboratories is expected to drive the expansion of the laboratory glassware and plasticware market. Diagnostic laboratories, which perform tests and analyses on biological samples to aid in disease diagnosis and treatment, are increasing due to the rising prevalence of chronic diseases, advancements in diagnostic technologies, and a growing demand for early and accurate medical testing. Laboratory glassware and plasticware are crucial for performing precise and reliable tests and analyses, such as blood tests, chemical assays, and microbiological cultures, ensuring accurate measurement, mixing, and storage of samples and reagents. For example, in February 2024, the National Accreditation Board for Testing and Calibration Laboratories (NABL), an India-based organization that accredits laboratories, reported an increase in NABL-accredited laboratories in India from 2,065 in 2021 to 2,150 in 2024. Consequently, the rise in diagnostic laboratories is fueling the growth of the laboratory glassware and plasticware market.

Leading companies in the laboratory glassware and plasticware market are developing plant-based lab consumables to address sustainability issues and reduce the environmental impact of traditional plastic products. These plant-based consumables help lower environmental impact through biodegradability, promote sustainable resource usage, reduce carbon footprints, enhance market differentiation, ensure regulatory compliance, and provide cost savings over time. For example, in February 2024, Green Elephant Biotech, a Germany-based company specializing in sustainable biotechnology solutions, introduced the Green Elephant 96-Well Plate. This product is the first plant-based lab consumable made from sustainable polylactic acid (PLA) rather than fossil fuels. It maintains the same quality and safety as traditional plastic plates but cuts the carbon footprint of laboratories by 50% over its lifecycle and is produced from corn starch using a less energy-intensive process.

In June 2021, Avantor, a US-based biotechnology company, acquired Ritter GMBH for $1.1 billion. This acquisition expanded Avantor's portfolio in the laboratory plasticware market, particularly enhancing its range of high-quality robotic and liquid handling consumables. Ritter GmbH, a Germany-based manufacturer, specializes in high-quality laboratory equipment, including both glassware and plasticware.

Major companies operating in the laboratory glassware and plasticware market are Compagnie de Saint-Gobain S.A., Thermo Fisher Scientific Inc., Merck KGaA, Corning Incorporated, Avantor Inc., Sartorius AG, Mettler-Toledo International Inc., Nipro Corporation, Schott AG, Gerresheimer AG, Eppendorf SE, Greiner Bio-One International GmbH, Metrohm AG, Kavalierglass AS, Chemglass Life Sciences LLC, Borosil Ltd., DWK Life Sciences Ltd., Labconco Corporation, Haier Biomedical International, Bel-Art Products Inc., Tarsons Products Limited, Adams & Chittenden Scientific Glass Cooperative Corporation, Crystalgen Inc., Hirschmann Laborgeräte GmbH & Co. KG.

North America was the largest region in the laboratory glassware and plasticware market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laboratory glassware and plasticware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the laboratory glassware and plasticware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Laboratory glassware and plasticware encompass a variety of equipment and tools used in scientific labs for conducting experiments, measurements, and chemical reactions. Glassware includes items crafted from glass, which are known for their resistance to chemicals and heat. Plasticware, on the other hand, consists of equipment made from different types of plastics, such as polypropylene or polyethylene, valued for their durability, cost-effectiveness, and versatility in specific applications.

The primary products in the laboratory glassware and plasticware market include burettes, storage containers, beakers, flasks, petri dishes, pipettes and pipette tips, among others. A burette is a precise laboratory tool used for dispensing specific volumes of liquid, commonly in titrations, and features a graduated tube with a stopcock for controlled release. Distribution channels encompass both online and offline methods, with end-users spanning contract research organizations, the food and beverage industry, hospitals and diagnostic centers, pharmaceutical and biotechnology industries, research and academic institutions, and others.

The laboratory glassware and plasticware market research report is one of a series of new reports that provides laboratory glassware and plasticware market statistics, including the laboratory glassware and plasticware industry global market size, regional shares, competitors with laboratory glassware and plasticware market share, detailed laboratory glassware and plasticware market segments, market trends, and opportunities, and any further data you may need to thrive in the laboratory glassware and plasticware industry. These laboratory glassware and plasticware market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The laboratory glassware and plasticware market consists of sales of funnels, cylinders, stirrers, and test tubes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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