Laboratory Consumables Primary Packaging Market Size To Increase USD 1.28 Billion | Dominated by Becton Dickinson and Co., Bellco Glass Inc. and CoorsTek Inc.

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NEW YORK, December 10, 2021 / PRNewswire / – The global laboratory consumables primary packaging market is fragmented with the presence of several global and regional players. The major players in the market are focused on developing advanced and high quality products with increased durability in order to remain competitive in the market. For example, in July 2021, the company launched Hyundai Mobis to enable augmented reality heads-up display systems. In June 2021, Corning Inc. launched Corning SMF 28 to accelerate the network transformation to 5G. Likewise, in October 2021, Thermo Fisher Scientific Inc. has launched a wastewater isolation kit for monitoring SARS-CoV-2. Such developments among vendors are accelerating the growth of the laboratory consumables primary packaging market.

Technavio announced its latest market research report titled Laboratory Consumables Primary Packaging Market by Product and Geography – Forecast and Analysis 2021-2025

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Technavio analyzes the “Primary packaging of laboratory consumables market by product (tubes, petri dishes, beakers, vials and other products) and by geography (APAC, North America, Europe, South America, and MEA)The report estimates that the market size will increase by $ 1.28 billion between 2020 and 2025, with a CAGR of 4.71% during the forecast period. With ISO 9001: 2015 certification, Technavio is proud to partner with more than 100 Fortune 500 companies for over 16 years.

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Key market dynamics:

  • Market engine

  • Market challenges

The increase in R&D activities in the healthcare sector will drive the growth of the market. The continued increase in the prevalence of various infectious diseases is forcing pharmaceutical companies to increase their R&D efforts to develop new drugs and vaccines to treat patients. This increases the demand for laboratory consumables, which in turn fuels the demand for primary packaging of laboratory consumables.

In addition, the rapid growth in outsourcing of laboratory analysis services will have an accelerating effect on the growth of the market. However, environmental concerns associated with improper disposal of plastic laboratory equipment will challenge the growth of the market.

Laboratory Consumables Primary Packaging Market: Segmentation Analysis

By product, the market saw peak demand for tubes in 2020. The segment is driven by the wide use of tubes for growing microorganisms by pharmaceutical and biotechnology companies. Market growth in the tubes segment will be significant during the forecast period. In terms of geography, the market will observe a significant growth of Europe. The region currently dominates the market with a global market share of 30%. Germany and the United Kingdom are the key markets for the primary packaging market for laboratory consumables in Europe.

See our sample report for additional information on the main segments, regions and key revenue generating countries.

Some companies mentioned in their offers

Becton Dickinson and co.: The company offers primary packaging products for laboratory consumables such as BD Vacutainer Blood Collection Tubes.

Bellco Glass Inc. : The company offers primary packaging products for laboratory consumables such as Griffin Beaker Heavy Wall SKU and Standard Wall Beaker.

CoorsTek Inc .: The company offers primary packaging products of laboratory consumables such as single bore ceramic tubes, double bore ceramic tubes and four bore ceramic tubes.

Corning Inc .: The company offers primary packaging products for laboratory consumables such as Falcon Pipet Controller.

DWK Life Sciences GmbH: The company offers primary packaging products for laboratory consumables such as Move It pipettes with adjustable tip spacing, Eppendorf Research plus and Multipette M4.

Access more supplier profiles with their key offers available with Technavio. Click here

Associated reports:

Healthcare and Laboratory Labels Market by End User and Geography – Forecast and Analysis 2022-2026

Healthcare Packaging Market by Product, Packaging and Geography – Forecast and Analysis 2021-2025

Scope of the Primary Packaging Laboratory Consumables Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 4.71%

Market growth 2021-2025

$ 1.28 billion

Market structure

Fragmented

Annual growth (%)

3.97

Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

Europe at 30%

Main consumer countries

China, United States, Germany, India and United Kingdom

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Becton Dickinson and Co., Bellco Glass Inc., CoorsTek Inc., Corning Inc., DWK Life Sciences GmbH, Eppendorf AG, Mettler Toledo International Inc., Thermo Fisher Scientific Inc., VITLAB GmbH and XRF Scientific Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Main topics covered:

  • Summary

  • Market landscape

  • Market sizing

  • Five forces analysis

  • Market segmentation

  • Customer landscape

  • Geographic landscape

  • Supplier landscape

  • Supplier analysis

  • appendix

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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