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Plasticware laboratory consumables refer to the range of disposable plastic items used in laboratory settings for various purposes such as sample preparation, storage, and analysis. These items are typically made from plastic materials such as polypropylene, polystyrene, or polyethylene, and they are designed to meet the requirements of different laboratory applications.
Examples of plasticware laboratory consumables include pipettes, tubes, microplates, Petri dishes, beakers, syringes, pipette tips, serological pipettes, cryogenic vials, and funnels. These consumables are essential in laboratory settings because they are sterile, disposable, and cost-effective, which helps prevent contamination and save time and resources. Additionally, plasticware laboratory consumables are easy to use and allow for precise measurements and analysis, making them a valuable asset to many laboratory procedures.
The Global Plasticware Laboratory Consumables market is expected to showcase growth at a CAGR of 8.12% during 2023-2030. The market was valued at USD 4327.05 Million in 2021 which is expected to reach USD 7353.44 Million in 2028. Personalized medicine requires a higher degree of accuracy and precision in laboratory testing and analysis, driving the demand for high-quality laboratory consumables. Furthermore, the growing demand for sample preparation and analysis in industries such as food and beverage, environmental testing, and healthcare is driving the demand for laboratory consumables.
The Global Plasticware Laboratory Consumables Market is expected to grow in the forecast period and register a market value of USD 7353.44 Million in 2028 at a CAGR of 8.12% during the forecast period. The demand for laboratory consumables is driven by the need for research and development activities in various fields such as biotechnology, pharmaceuticals, and life sciences. Plasticware is becoming increasingly popular in laboratory settings due to its superior properties such as durability, flexibility, and low cost compared to traditional glassware.
As pharmaceutical and biotechnology research gets more specialized, there is an increasing demand for plasticware that can satisfy specific requirements such as high throughput, sample preservation, and biocompatibility. In addition, laboratories are increasingly utilizing single-use plasticware because of its ease and lower danger of contamination.
Hence, the need for disposable plasticware such as pipettes, Petri dishes, and cell culture plates is increasing. Additionally, the development of novel materials with enhanced features such as transparency, chemical resistance, and biocompatibility is boosting demand for laboratory plasticware. For instance, novel polymers and plastics that can endure severe temperatures and autoclaving are being created.
Competition from alternative materials is posing a significant challenge to the plasticware laboratory consumables market. The growing concern over the environmental impact of plastics has led to an increasing number of laboratories and research facilities looking for alternative materials that are more sustainable and eco-friendly.
One of the most significant challenges facing the plasticware laboratory consumables market is the increasing adoption of glassware and metalware, which are considered more environmentally friendly and recyclable. Glassware and metalware are also preferred for their durability, heat resistance, and chemical inertness, making them suitable for a wide range of laboratory applications.
The demand for automated liquid handling systems is increasing, and these systems often require the use of plasticware consumables for efficient and accurate liquid handling. Also, high-throughput screening requires precise and accurate liquid handling, which is facilitated by the use of plasticware consumables.
The demand for personalized medicine is growing, and this requires accurate and precise liquid handling in laboratory settings. The use of plasticware consumables for liquid handling is essential for sample preparation and analysis in various industries such as biotechnology, pharmaceuticals, and life sciences.
Contract Research Organizations (CROs) are organizations that provide research and development services to various industries such as pharmaceuticals, biotechnology, and medical devices. These organizations conduct various activities such as preclinical and clinical trials, drug development, and regulatory affairs. The use of plasticware laboratory consumables is essential in these activities, and CROs rely heavily on high-quality, disposable plasticware consumables for their operations.
CROs use plasticware consumables for sample preparation and storage, including tubes, plates, and cryogenic vials.
The Global Plasticware Laboratory Consumables Market is fragmented with the top 10 companies accounting for a significant revenue share in the year 2022. Leading companies and brands in the market are executing different strategies and partnerships to strengthen their foothold and increase their competitiveness and product offerings in the market.
Eppendorf, Agilent Technologies Inc, Waters Corporation, Thermo Fisher Scientific, Perkin Elmer Inc, Shimadzu Corporation, Bruker Corporation, F. Hoffmann La Roche AG, Becton, Dickinson and Company, Beckman Coulter Inc, among others are the leading companies in the Global Plasticware Laboratory Consumables Market.
Leading companies in the Global Plasticware Laboratory Consumables Market include:
Eppendorf
Agilent Technologies Inc
Waters Corporation
Thermo Fisher Scientific
Perkin Elmer Inc
Shimadzu Corporation
Bruker Corporation
F. Hoffmann La Roche AG
Becton, Dickinson, and Company
Beckman Coulter Inc
Recent Developments in the Plasticware Laboratory Consumables Market
Segmentations in the Report
By Type
By End-User
Frequently Asked Questions
What is the expected market value of the Global Plasticware Laboratory Consumables Market in 2030?
The Global Plasticware Laboratory Consumables Market is expected to be valued at USD 13.66 Billion in 2030.
At what growth rate is the Global Plasticware Laboratory Consumables Market expected to grow in the forecast period?
During 2023-2030, the Global Plasticware Laboratory Consumables Market is expected to grow at a CAGR of 26.22%.
Which are the leading companies in the Plasticware Laboratory Consumables Market?
The leading companies in Plasticware Laboratory Consumables Market are Eppendorf, Agilent Technologies Inc, Waters Corporation, Thermo Fisher Scientific, Perkin Elmer Inc, Shimadzu Corporation, Bruker Corporation, F. Hoffmann La Roche AG, Becton, Dickinson and Company, Beckman Coulter Inc.
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