Lewes, DE -- (SBWire) -- 11/17/2015 --Report forecast the global laboratory glassware and plasticware market to grow at a CAGR of 4.1% over the period 2014-2019.
Laboratory glassware and plasticware include equipment, apparatus, and instruments commonly used in laboratories. These may range from microscope slides to large storage boxes and large scale condensers. Laboratory glassware is made from borosilicate glass because of its low weight and resistance to thermal shock.
Laboratory plasticware, on the other hand, started gaining popularity over the past decade when it was found that it was easier to replace glass with plastic in several applications due to its resistance to breakage and low cost of fabrication.
This report covers the present scenario and growth prospects of the global laboratory glassware and plasticware market for the period 2015-2019. This report considers 2014 as the base year and provides data for the 12 trailing months.
This report covers the following types of laboratory glassware and plasticware:
- Test tubes
- Beakers
- Flasks
- Pipettes
- Burettes
- Storage boxes
- Measuring cylinders
- Funnels
- Others
According to the report, a rise in the number of research and testing facilities worldwide has led to the growth of the global laboratory glassware and plasticware market. Technological advancements in glass and plastic production will also fuel market growth. Besides, the replacement of glassware with plasticware in various applications is expected to continue over the forecast period.
Further, the report states that limited scope for innovation and change in design due to the generic nature of the product may hinder market growth in the next five years. This will also lead to low product differentiation in the market, leaving the manufacturers with no unique features to offer in their products.
Global Laboratory Glassware and Plasticware Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global laboratory glassware and plasticware market, and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
key players in the Global Lab Glassware and Plasticware Market: Bellco Glass, Corning Glass, CRYTALGEN, DURAN, Kimble and VITLAB
Other Prominent Vendors in the market are: Baidefu, Brand, Citotest, Eppendorf, Kirgen, Kartell, SPL Life Sciences, Shiv Dial Sud & Sons, and Wheaton.
Key regions
- Americas
- APAC
- EMEA
Market driver
- Increase in R&D spending
- For a full, detailed list, view our report
Market challenge
- Limited scope for innovation
- For a full, detailed list, view our report
Market trend
- Preferential shift toward plasticware
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 83 pages and 45 Exhibits "Global Laboratory Glassware and Plastricware Market 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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Global Laboratory Glassware and Plasticware Market to Grow at a CAGR of 4.1% During the Period 2014-2019; Finds New Report
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