Laboratory Casework Manufacturing
The Laboratory Casework Manufacturing industry has grown steadily over the past five years. Thanks to favorable macroeconomic conditions and rising research and development expenditure in the United States, many health science businesses and other industrial laboratories have benefited from steady revenue streams, allowing them to invest in the latest laboratory furniture. This has resulted in increased activity for operators in the Laboratory Casework Manufacturing industry. Over the five years to 2023, the industry is projected to continue expanding consistently as downstream companies invest in new products and demand from international markets rises. To accommodate robust R&D activity in the health sciences sector, businesses will increase demand for laboratory furniture. According to IBISWorld estimates, industry revenue is forecast to grow alongside total R&D expenditure in the United States.
Operators in this industry manufacture laboratory furniture (casework) including cabinets, cases, benches, tables and fixtures. This industry excludes dental laboratory furniture as well as laboratory seating.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.