Laboratory Casework Manufacturing
Revenue for the Laboratory Casework Manufacturing industry has grown steadily over the five years to 2019. Due to favorable macroeconomic conditions and rising research and development (R&D) expenditure in the United States, many health science businesses and other industrial laboratories have benefited from steady revenue streams, enabling them to invest in the latest laboratory furniture. This has resulted in increased activity for operators in this industry. Increased R&D expenditure has led to greater investment in laboratory casework purchases, replacements and laboratory expansions, which also necessitates casework purchases. Overall, industry revenue has increased during the current period. Over the five years to 2024, industry revenue is forecast to continue to expand consistently as downstream companies invest in new products and demand from international markets rises.
Operators in this industry manufacture laboratory furniture, or 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.
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