About Cleanroom Storage Cabinet
A cleanroom is an enclosure where the number of dust particles per cubic meter is controlled. In addition, various other environmental parameters such as temperature, humidity, air pressure, static charges, airflow patterns, motion, and lighting are also regulated. Cleanroom storage cabinets offer secure storage for cleanroom supplies like garments, consumables, and personal property. Some of the cleanroom storage cabinets also use HEPA or ULPA-filtered air for airing out or drying sensitive materials after processes involving noxious fumes. The cleanroom storage cabinets are generally made up of stainless steel and plastic.
Technavio’s analysts forecast the global cleanroom storage cabinet market to grow at a CAGR of 4.61% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global cleanroom storage cabinet market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cleanroom Storage Cabinet Market 2017-2021
Technavio recognizes the following companies as the key players in the global cleanroom storage cabinet market: Cleatech, Clean Room Depot, Palbam Class, and Terra Universal.
Other Prominent Vendors in the market are: ACMAS Technologies, Bosio Metal Specialties, Clean Rooms International, Clean Air Products, Foothills Systems, GMP Technical Solutions, Integrated Cleanroom Technologies, Mach-Aire, MRC Systems, Om industries, Pearce Stainless, Reytek Corporation, Srprefabs Modular Cleanroom, Technical Air Products, and TDI International.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is augmented use of medical devices. There has been an increase in the adoption of diagnostic medical devices in the pharmaceutical industry. These medical devices offer therapeutic benefits and are used to measure or monitor the functions of the human body.”
According to the report, one driver in the market is rising investments in the healthcare industry. The healthcare industry is one of the fastest-growing industries globally and is expected to expand considerably during the forecast period. The healthcare industry comprises different medical fields, including hospitals, pharmaceuticals, biotechnology, and life sciences. Cleanrooms are an important part of the healthcare industry to maintain a contaminant-free environment while manufacturing drugs and medical devices. The increasing emphasis on improving the medical care and treatment available to the public is expected to have a positive impact on the investments in cleanrooms in the healthcare industry.
Further, the report states that one challenge in the market is fluctuations in raw material prices. Cleanroom storage cabinets are mainly made of stainless steel as it is easy-to-clean, lightweight, and portable. Vendors producing cleanroom storage cabinets need to ascertain the price of the product. This price setting is dependent on the price of the raw material. However, stainless steel is subjected to price fluctuations month-on-month, making it difficult for vendors to fix the price of cleanroom storage cabinets. Stainless steel is widely used among cleanroom storage cabinets vendors. Thus, any fluctuation in the commodity prices will pose a challenge to manufacturers in terms of devising their pricing strategy. An inappropriate pricing strategy can affect profit margins adversely. Thus, the fluctuation in stainless steel prices will negatively affect the manufacturers of cleanroom storage cabinets.
Cleatech, Clean Room Depot, Palbam Class, and Terra Universal, ACMAS Technologies, Bosio Metal Specialties, Clean Rooms International, Clean Air Products, Foothills Systems, GMP Technical Solutions, Integrated Cleanroom Technologies, Mach-Aire, MRC Systems, Om industries, Pearce Stainless, Reytek Corporation, Srprefabs Modular Cleanroom, Technical Air Products, and TDI International.