Global Laboratory Glassware and Plastricware Market 2015-2019
About laboratory glassware and plasticware
Laboratory glassware and plasticware include equipment, apparatus, and instruments commonly used in laboratories. These may range from microscope slides to large storage boxes and large scale condensers. Laboratory glassware is made from borosilicate glass because of its low weight and resistance to thermal shock. Laboratory plasticware, on the other hand, started gaining popularity over the past decade when it was found that it was easier to replace glass with plastic in several applications due to its resistance to breakage and low cost of fabrication.
Technavio's analysts forecast the global laboratory glassware and plasticware market to grow at a CAGR of 4.1% over the period 2014-2019.
Covered in this report
This report covers the present scenario and growth prospects of the global laboratory glassware and plasticware market for the period 2015-2019. This report considers 2014 as the base year and provides data for the 12 trailing months.
This report covers the following types of laboratory glassware and plasticware:
Technavio Announces the Publication of its Research Report – Global Lab Glassware and Plasticware Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Lab Glassware and Plasticware Market: Bellco Glass, Corning Glass, CRYTALGEN, DURAN, Kimble and VITLAB
Other Prominent Vendors in the market are: Baidefu, Brand, Citotest, Eppendorf, Kirgen, Kartell, SPL Life Sciences, Shiv Dial Sud & Sons, and Wheaton.
Commenting on the report, an analyst from Technavio’s team said: “Laboratory plasticware are particularly used such cases where safety and cost are a prime concern. New methods of plasticware fabrication are improving the quality of products while reducing fabrication costs. This will encourage the shift from glassware to plasticware over the next five years. Glass slides and other precision instruments will still be made of glass due to its high transparency and purity.”
According to the report, a rise in the number of research and testing facilities worldwide has led to the growth of the global laboratory glassware and plasticware market. Technological advancements in glass and plastic production will also fuel market growth. Besides, the replacement of glassware with plasticware in various applications is expected to continue over the forecast period.
Further, the report states that limited scope for innovation and change in design due to the generic nature of the product may hinder market growth in the next five years. This will also lead to low product differentiation in the market, leaving the manufacturers with no unique features to offer in their products.
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