Laboratory Glassware and Plasticware Market Size to Grow by USD 853 million, Availability of Barcode Features in Labware to be a Key Trend

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11 Jul, 2022, 04:20 ET

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NEW YORK, July 11, 2022 /PRNewswire/ -- The availability of barcode features in labware is one of the trends in the market. The adoption of 1D and 2D barcoded labware is increasing. Moreover, printed barcodes on glassware and plasticware are more robust than labels. This has helped in optimizing the efficiency and cost-effectiveness of laboratory operations. Barcode scanning enables digital storage of information, which allows easy sharing of information. Such benefits have increased the adoption of glassware and plasticware such as barcoded bottles, cryogenic vials, test tubes, centrifugation tubes, beakers, and flasks. In addition, the growing adoption of LIMS is expected to promote the use of glassware and plasticware, which will drive the market during the forecast period.

The laboratory glassware and plasticware market size is expected to grow by USD 853 mn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 3.53% during the forecast period, according to Technavio.

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Laboratory Glassware and Plasticware Market 2021-2025: Scope

The laboratory glassware and plasticware market report covers the following areas:

Laboratory Glassware and Plasticware Market 2021-2025: Segmentation

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Laboratory Glassware and Plasticware Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the laboratory glassware and plasticware market, including Borosil Glass Works Ltd., Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Merck KGaA, Mettler-Toledo International Inc., PerkinElmer Inc., SARSTEDT AG & Co. KG, SP Industries Inc., and Thermo Fisher Scientific Inc. among others.

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Laboratory Glassware and Plasticware Market 2021-2025: Key Highlights

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Laboratory Glassware and Plasticware Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.53%

Market growth 2021-2025

USD 853 million

Market structure

Fragmented

YoY growth (%)

3.33

Regional analysis

North America, Europe, Asia, ROW, North America, Europe, Asia, and ROW

Performing market contribution

Asia at 30%

Key consumer countries

US, Germany, China, Japan, France, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Borosil Glass Works Ltd., Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Merck KGaA, Mettler-Toledo International Inc., PerkinElmer Inc., SARSTEDT AG & Co. KG, SP Industries Inc., and Thermo Fisher Scientific Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by End-user

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/

SOURCE Technavio