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Global Laboratory Rack Market 2016-2020

About the Laboratory Rack Market

A laboratory rack is a type of laboratory consumable that is used to temporarily store or hold sample handling labware such as test tubes, petri dishes, bottles, and slides. In addition, laboratory racks are used for drying labware and other laboratory utensils, and are also called drying racks. Another common type of laboratory rack is a freezer or cryogenic rack that is used to store test tubes or microcentrifuge tubes in freezers.

Technavio’s analysts forecast the global laboratory rack market to grow at a CAGR of 4.3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global laboratory rack market for 2016-2020. The market size was calculated from revenue generated from the sales of laboratory racks by market vendors in the following categories.

  • Tube racks
  • Bottle racks
  • Other
  • The market is divided into the following segments based on geography:
    • Americas
    • APAC
    • Europe
    • MEA
    Technavio's report, Global Laboratory Rack 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.

    Key vendors
    • Dynalon Labware
    • Global Scientific
    • Heathrow Scientific
    • Bel-Art Products-SP Scienceware
    • Thermo Fisher Scientific
    Other prominent vendors
    • 3M
    • Abraxis
    • Argos Technologies
    • Bio Plas
    • CeilBlue
    • Corning
    • BioCision
    • Eppendorf
    • Glas-Col
    • Grant Instruments
    • Jaece
    • Simport
    • Troemner
    • United Scientific Supplies
    • Wheaton
    Market driver
    • Rising R&D expenditure
    • For a full, detailed list, view our report
    Market challenge
    • Insufficient scope for innovation
    • For a full, detailed list, view our report
    Market trend
    • Increasing level of customization
    • For a full, detailed list, view our report
    Key questions answered in this report
    • 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?


    Press Release

    Technavio Announces the Publication of its Research Report – Global Laboratory Rack Market 2016-2020

    Technavio recognizes the following companies as the key players in the global laboratory rack market: Dynalon Labware, Global Scientific, Heathrow Scientific, Bel-Art Products-SP Scienceware, and Thermo Fisher Scientific.

    Other Prominent Vendors in the market are: 3M, Abraxis, Argos Technologies, Bio Plas, CeilBlue, Corning, BioCision, Eppendorf, Glas-Col, Grant Instruments, Jaece, Simport, Troemner, United Scientific Supplies, and Wheaton.

    Commenting on the report, an analyst from Technavio’s team said: “A key trend which is helping boost market growth is increased customization. The choice of the type and size of the racks is largely based on the application and the process. With a broad range of laboratory racks to choose from, based on material, size, function, design, and flexibility, end-users have the freedom to choose what best suits their application. For specialized end-users, manufacturers have also begun designing and producing customized racks to meet specific customer requirements.”

    According to the report, a key growth driver is the rising R&D expenditure. With nations continuing to place emphasis on knowledge expansion and innovation, the trend of increasing spending on R&D will continue over the forecast period. The increase in R&D translates to expansion of research and testing facilities in sectors like healthcare and chemicals, which will ultimately lead to increased demand for laboratory racks over the forecast period.

    Further, the report states that one challenge that could restrict market growth is insufficient scope for innovation. Given the nature of laboratory racks, the scope for innovation or changes is minimal.

    Companies Mentioned

    Dynalon Labware, Global Scientific, Heathrow Scientific, Bel-Art Products-SP Scienceware, Thermo Fisher Scientific, 3M, Abraxis, Argos Technologies, Bio Plas, CeilBlue, Corning, BioCision, Eppendorf, Glas-Col, Grant Instruments, Jaece, Simport, Troemner, United Scientific Supplies, Wheaton.

    • Executive summary
      • Highlights
    • Scope of the report
      • Market overview
        • Table Market segmentation of global laboratory rack market
      • Top-vendor offerings
        • Table Product offerings
    • Market research Methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
    • Market landscape
      • Market overview
        • Table Classification of global laboratory rack market by product
      • Market size and forecast
        • Table Global laboratory rack market 2015-2020 ($ millions)
      • Five forces analysis
        • Table Five forces analysis
    • Market segmentation by product
      • Market overview
        • Table Global laboratory rack market by product segmentation 2015
        • Table Global laboratory rack market by product segmentation 2020
        • Table Global laboratory rack market by product segmentation 2015-2020 ($ millions)
      • Global laboratory tube racks market
        • Table Global laboratory tube racks market 2015-2020 ($ millions)
      • Global laboratory bottle racks market
        • Table Global laboratory bottle rack market 2015-2020 ($ millions)
      • Global other laboratory racks market
        • Table Global other laboratory racks market 2015-2020 ($ millions)
    • Market segmentation by end-user
      • Market overview
        • Table Global laboratory rack market by end-user segmentation 2015
        • Table Global laboratory rack market by end-user segmentation 2020
        • Table Global laboratory rack market by end-user segmentation 2015-2020 ($ millions)
      • Global laboratory rack market in medical and healthcare industry
        • Table Global laboratory rack market in medical and healthcare industry 2015-2020 ($ millions)
      • Global laboratory rack market in pharmaceutical industry
        • Table Global laboratory rack market in pharmaceutical industry 2015-2020 ($ millions)
      • Global laboratory rack market in academia
        • Table Global laboratory rack market in academia 2015-2020 ($ millions)
      • Global laboratory rack market in other industries
        • Table Global laboratory rack market in other end-user industries 2015-2020 ($ millions)
    • Geographical segmentation
      • Market overview
        • Table Global laboratory rack market by geography 2015
        • Table Global laboratory rack market by geography 2020
        • Table Global laboratory rack market by geography 2015-2020 ($ millions)
      • Laboratory rack market in Americas
        • Table Laboratory rack market in Americas 2015-2020 ($ millions)
      • Laboratory rack market in APAC
        • Table Laboratory rack market in APAC 2015-2020 ($ millions)
      • Laboratory rack market in Europe
        • Table Laboratory rack market in Europe 2015-2020 ($ millions)
      • Laboratory rack market in MEA
        • Table Laboratory rack market in MEA 2015-2020 ($ millions)
    • Market drivers
      • Table Growth of e-commerce industry 2008-2014
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
    • Vendor landscape
      • Competitive scenario
      • Investment opportunity analysis
        • Table Investment potential mapping 2015-2020
    • Key vendor analysis
      • Dynalon Labware
        • Table Dynalon Labware: Product segmentation
        • Table Key takeaways
      • Global Scientific
        • Table Key takeaways
      • Heathrow Scientific
        • Table Key takeaways
      • Bel-Art Products-SP Scienceware
        • Table Key takeaways
      • Thermo Fisher Scientific
        • Table Thermo Fisher Scientific: Business segmentation by revenue 2014
        • Table Key takeaways
      • Other prominent vendors
    • Appendix
      • List of abbreviations
    • Explore Technavio

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