The Global Laboratory Glassware and Plasticware Market Continues To Grow Owing To the Rapid Expansion of Pharmaceutical and Biotechnology Labs Worldwide

 

Laboratory glassware and plasticware came in different forms like bottles, dishes, cups, incubators, containers, cutters, testing tubes, thermometers, vials, and many more. Most of these laboratory glassware and plasticware products are made with different materials such as ceramics, plastics, glass, metal alloys, and a lot more. Some items are unique to a particular brand, company, or specific laboratory. The most common products are those made from glass and the most common glassware used in laboratories are those made from vitreous China, high-temperature polyethylene, polypropylene, and mercury.

Among all these different countries, the best-known countries of laboratory glassware and plasticware production are America, Japan, China, Europe, and South Korea. The most popular products produced in these countries are centrifuges, glassware bottles, centrifuges accessories, thermometers, thermostats, blood gas analyzers, DNA analyzers, spectrophotometers, and drug analyzers. A wide variety of these products are available on the market. Some of them include desktop, handheld, industrial, and medical laboratory glassware.

The rapid increase of biotechnology and pharmaceutical laboratories is propelling the growth of the global laboratory glassware and plasticware market. For instance, according to Invest India, there are 3,000 pharma companies and 10,500 manufacturing facilities in India. Moreover, the early-stage diagnosis of diseases and the better results of the medical tests is also augmenting the growth of the global laboratory glassware and plasticware market.

A lot of manufacturers are focusing on their global supply chain. They are making efforts to increase their worldwide sales by streamlining their business processes to provide cost-efficient services to their end-users. In this way, they can cater to the needs of end-users who come from different countries and different backgrounds. Although a majority of their products are designed and manufactured in their own countries, most of them have contracts with countries like Japan, China, and India to obtain raw materials and supplies at cheap prices. By working with companies that source out raw material and supplies from other countries, they can reduce the cost of production while maintaining a high quality of their laboratory glassware and plasticware. However brittle nature of glass and low preference for plastic, along with the lack of funds are the main restraining factors that are hindering the growth of the global laboratory glassware and plasticware market.

Owing to the increase in research laboratories, North America is witnessing high demand in the global laboratory glassware and plasticware market. For instance, according to the US Department of Energy, currently, there are 17 Department of Energy (DOE) National Laboratories in the US. These labs provide the nation with technological, scientific, and strategic capabilities. Moreover, the presence of key market players in the region is also augmenting the growth of the market. Owing to such factors there have been various developments in the global laboratory glassware and plasticware market. For instance, in April 2021, Core Laboratories introduced glassblowing workshops for making laboratory-grade glassware.