Press Release / Industry / Laboratory Glassware and Plasticware Market – Due To Increasing Demand, Technological Advancements And Cost Effectiveness of Plasticware The Market is Estimated To Grow USD 6.0 billion by 2020

Laboratory Glassware and Plasticware Market – Due To Increasing Demand, Technological Advancements And Cost Effectiveness of Plasticware The Market is Estimated To Grow USD 6.0 billion by 2020

The report “Laboratory Glassware and Plasticware Market by Product (Glassware (Pipette, Flasks, Containers, Petri Dishes, Slides), Plasticware (Pipette, Laboratory Beakers, Racks, Storage Boxes)), End User (Diagnostic Center, Pharmaceuticals) - Forecast to 2020", provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the laboratory glassware and plasticware market along with estimates and forecasts of the revenue.

Technological development in Laboratory Plasticware and launch of advanced products to propel growth momentum in the market. The laboratory plasticware market is expected to reach at USD 6.0 Billion by 2020 from USD 4.99 Billion in 2015, at CAGR of 3.7%.
Browse 66 tables and 47 figures spread through 121 pages and in-depth TOC on "Laboratory Glassware and Plasticware Market”

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Industry Insights:
The growth in this market will be majorly driven by the increasing demand for plasticware as they are flexible, easy to handle and inexpensive. Technological development has led to added advantages of using plasticware over glassware which further helping in increasing adoption rate among end users.

On the other hand, the brittle nature of glass (resulting in low preference for glassware) and lack of funds (resulting in fewer research activities, thus affecting both glassware and plasticware markets) are the major factors restraining the growth of this market. Specialty glass, however, is expected to offer growth opportunities for market players during the forecast period.

In this report, the laboratory glassware and plasticware market is broadly segmented into glassware products, plasticware products, end users, and regions. The plasticware market is segmented into pipettes and pipette tips, storage containers, beakers, flasks, and other products, such as vials, carrier trays, racks, storage boxes, and Buchner funnels.

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Geographical Scenario:

North America accounted for more than 40% of the laboratory glassware and plasticware market in 2015. In this region, the application of laboratory glassware and plasticware in R&D studies is the major factor attributing to its growth. However, in the coming years, the Asia-Pacific market is expected to witness the highest growth owing to the rising outsourcing activities in research and manufacturing as a result of low costs and access to skilled labor in this region.
STAKEHOLDERS:
• Healthcare Service Providers
• Medical Device Companies
• Diagnostic Centers
• Research Institutions
• Venture Capitalists

This research report categorizes the laboratory glassware and plasticware market into the following segments:
• Laboratory Glassware and Plasticware Market, by Product
o Glassware
 Pipettes and Pipette Tips
 Burettes
 Storage Containers
 Beakers
 Flasks
 Petri Dishes
 Others (Stirring Rods, Slides, Vials, Test Tubes, Büchner Funnels, and Measuring Cylinders)
o Plasticware
 Pipettes and Pipette Tips
 Storage Containers
 Beakers
 Flasks
Others (Vials, Volumetric Cylinders, Büchner Funnels, Test Tubes, and Tubing)
• Laboratory Glassware and Plasticware Market, by End User

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Industry Leaders:

Major players in this market include Corning, Inc. (U.S.), Eppendorf AG (Germany), Sartorius AG (Germany), and Thermo Fisher Scientific, Inc. (U.S.).


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