Laboratory consumables primary packaging is used during technological research and experiments. Different laboratory products such as burettes, pipettes, beakers, flasks, bioreactors, and centrifuges are used while conducting these experiments. Laboratory consumables are used in many verticals such as the government, academic, healthcare, pharmaceutical, and industrial sectors. Laboratory consumable includes chemical reagents, laboratory instruments and equipment, kits, and other consumables.
Technavio’s analysts forecast the global laboratory consumables primary packaging market to grow at a CAGR of 5.68% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global laboratory consumables primary packaging market for the period 2016-2020. To calculate the market size, the report takes into account the total revenue generated by the manufacturers of laboratory consumables primary packaging. This report includes laboratory consumables primary packaging made of plastic or glass. This type of packaging is used to conduct tests and experiments in laboratories.
The market is divided into the following segments based on geography:
Technavio's report, Global Laboratory Consumables Primary Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
What will the market size be in 2020 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?
Technavio Announces the Publication of its Research Report – Global Laboratory Consumables Primary Packaging Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Laboratory Consumables Primary Packaging Market: Bellco Glass, Brand, Corning, Duran Group, Kimble, and VITLAB.
Other Prominent Vendors in the market are: APS Labware, SP Scienceware — Bel-Art Products — H-B Instrument, Biocision, Borosil Glass Works, Chemglass Life Sciences, Citotest Labware Manufacturing, Cole-Parmer, CoorsTek, Eppendorf, Gerresheimer, Gilson, Mettler-Toledo International, Nalge Nunc International, Poulten & Graf, Rainin, and Savillex.
Commenting on the report, an analyst from Technavio’s team said: “The global laboratory consumables primary packaging market shows some growth potential because of the emergence of certain trends. One such trend is the emergence of sustainable materials. Vendors are focusing on adopting sustainable materials to reduce the dependency on conventional plastics and adopt eco-friendly practices. Sustainable materials are used by the pharmaceuticals and biopharmaceuticals packaging industries.”
According to the report, one of the main factors that impact the market affirmatively is the innovation in production techniques. Methods used in the manufacture of laboratory consumable are changing based on cost effectiveness, technology, and efficiency.
Further, the report states that one of the major challenges faced by the market is cost-cutting pressure. Vendors in the market are focusing on producing laboratory consumable through cheaper means. The market is experiencing increased use of plasticware products in the laboratories because they are cheaper and can be directly molded into the desired shapes.