PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1527885
PUBLISHER: Arizton Advisory & Intelligence | PRODUCT CODE: 1527885
Safety Cabinets Market - Global Outlook & Forecast 2024-2029
The global safety cabinet market is expected to grow at a CAGR of 6.40% from 2023 to 2029.
MARKET TRENDS & OPPORTUNITIES
Increases Demand for Double-Walled Safety Cabinets
Double-walled safety cabinets provide essential features to ensure laboratory safety. Their secure locking mechanisms restrict unauthorized access, reducing the risk of accidents and misuse of hazardous materials. Integrated spill containment and drainage systems manage spills effectively, containing substances within the cabinet and facilitating safe cleanup. Moreover, ventilation systems and air filtration capabilities remove harmful fumes and vapors, maintaining air quality for a safe working environment and protecting personnel from respiratory hazards. Furthermore, double-walled safety cabinets optimize interior space with customizable configurations like adjustable shelves and compartments. This enhances storage capacity and organization, allowing for efficient segregation and easy access to stored items.
Rapid Technological Advancement
Biosafety cabinets (BSCs) have undergone significant technological advancements in the safety cabinet market, driven by the need to enhance safety, efficiency, and functionality in various laboratory settings. These advancements have transformed BSCs into sophisticated instruments that protect laboratory personnel, samples, and the environment from exposure to hazardous biological agents. From improvements in airflow control to the integration of smart features, modern BSCs represent the pinnacle of biosafety engineering. For instance, in 2023, Labconco launched the ReVo Microbiological Safety Cabinet, with key features such as advanced blower technology with CAP Constant Monitoring, clear visual and audible signals to notify users of unsafe conditions, enhancing safety and usability, TUV Nord's EN 12469 standard for cabinet construction, glare-free 270-degree panoramic view of the workspace, and others.
INDUSTRY RESTRAINTS
High Cost of the Product
The high cost associated with the safety cabinet industry can often be a significant restraint for businesses and organizations, especially those operating on tight budgets or industries with narrow profit margins. Safety cabinets are vital components of various sectors, such as laboratories, pharmaceuticals, manufacturing, and healthcare, where the storage and handling of hazardous materials are commonplace. These cabinets provide a secure and controlled environment for storing flammable liquids, corrosive chemicals, and other dangerous substances, mitigating the risk of accidents, spills, and potential harm to personnel and the environment. The customization options available for safety cabinets can also impact their cost. Businesses often require cabinets tailored to their specific needs, such as size requirements, storage capacity, and compatibility with existing infrastructure. Customization entails additional design work, engineering, and production processes, all adding to the overall expense.
SEGMENTATION INSIGHTS
INSIGHTS BY TYPE
The global safety cabinet market by type is segmented into safety storage cabinets and biosafety cabinets. In 2023, the safety storage cabinet accounted for the highest revenue share in the product segment due to regulatory compliance, safety concerns, industry standards, etc. Various industries, such as laboratories, manufacturing, healthcare, and research facilities, have established standards for safely handling and storing hazardous materials. Furthermore, the biosafety cabinets segment exhibits the highest CAGR due to infectious diseases, R&D, concerns about biosecurity, and others. Advancements in biotechnology, pharmaceuticals, and life sciences continually drive the need for biosafety cabinets. Research institutions, pharmaceutical companies, and biotech firms require these cabinets to ensure the safety of their researchers and the integrity of their work.
Segmentation by Type
- Safety Storage Cabinet
- Biosafety Cabinet
INSIGHTS BY END-USER
The global safety cabinet market by end-user is segmented into factory laboratories, research & diagnostic labs, academic research institutes, and others. The factory laboratories segment holds the most prominent segmental market share. The factory laboratory demand driving factors are an investment in biotechnology, pharmaceutical, petrochemical, construction, etc. These sectors have contributed to the expansion and innovation within the factory laboratory domain, propelling its growth trajectory forward. Also, these cabinets are essential in maintaining sterile environments and preventing contamination, thus contributing to the sector's exponential growth. Furthermore, research and diagnostic laboratories witnessed a significant evolution, with safety cabinets emerging as indispensable components ensuring the safe handling of hazardous materials. These cabinets are essential in maintaining sterile environments and preventing contamination, thus contributing to the sector's exponential growth. The surge in demand for safety cabinets can be attributed to the proliferation of hospitals, pharmaceutical laboratories, and research facilities, where stringent safety protocols are imperative to protect personnel and samples.
Segmentation by End-User
- Factory Laboratories
- Research & Diagnostic Labs
- Academic Research Institutes
- Others
INSIGHTS BY DISTRIBUTION CHANNEL
The offline distribution channel segment held the largest global safety cabinet market share in 2023. Offline distribution channels provide tangible showcases for products or services, garnering attention and interest from potential customers. Moreover, offline distribution channels foster trust and loyalty through personal interactions, offering after-sales support, and providing human touchpoints, enhancing the customer experience. Furthermore, offline distribution channels facilitate leveraging retail partnerships, tapping into established retailers' customer bases, distribution networks, and marketing channels for expanded reach and visibility. However, online distribution is the fastest-growing segment in the global safety cabinet market due to accessibility, comparison shopping, global reach, and more. Additionally, online channels often offer competitive pricing, promotional discounts, and convenient shipping options, making them attractive for safety cabinet users.
Segmentation by Distribution Channel
- Offline
- Online
GEOGRAPHICAL ANALYSIS
North America holds the most significant share of the global safety cabinet market, accounting for a share of over 31% in 2023. The region leads in revenue share, propelled by technological advancements and the emergence of new startups. The demand for safety cabinets in North America has witnessed a substantial surge, driven by a confluence of factors ranging from the persistent threat of infectious diseases to heightened investment in pharmaceutical R&D, the expansion of chemical manufacturing, and the imperative for safety in educational institutions. This surge reflects a paradigm shift in priorities, with stakeholders across various sectors prioritizing measures to ensure workplace safety, regulatory compliance, and the containment of potentially hazardous materials. Also, in the U.S. and Canada, demand was spurred by stringent government regulations and increased chemical production.
Segmentation by Geography
- North America
- The U.S.
- Canada
- Europe
- Germany
- Switzerland
- The U.K.
- France
- Italy
- Spain
- Russia
- APAC
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Middle East & Africa
- Turkey
- Saudi Arabia
- South Africa
- UAE
COMPETITIVE LANDSCAPE
The global safety cabinet market is fragmented and characterized by numerous global and regional players. The other key competitive factors include advancements in technology, stringent regulatory standards, and a growing emphasis on laboratory safety. Major companies like Thermo Fisher Scientific, Esco Lifesciences, KEWAUNEE INTERNATIONAL GROUP, and Justrite Safety Group dominate the global safety cabinet market, leveraging their extensive product portfolios, strong brand recognition, and global distribution networks. These market leaders invest heavily in research and development to introduce innovative products that comply with international safety standards, such as NSF/ANSI 49 and EN 12469, ensuring high levels of containment and protection.
Vendor Activities in the Global Safety Cabinet Market
- Thermo Fisher Scientific emphasizes user-centric design and prioritizes comfort and efficiency in biological safety cabinet products such as ergonomic armrests, eye-level control panels, height adjustments, and counterbalanced or motorized sash operations. By integrating ergonomic features and intuitive controls, the industry standard for optimal workspace functionality. The organization's commitment to user satisfaction ensures cabinets remain the top choice among lab professionals globally.
- Labconco has significantly advanced its 3D printing capabilities, enhancing sustainability and agility in manufacturing. They minimize waste, speed up production, and create durable, bio-sourced parts by using additive manufacturing. This technology also allows them to overcome supply chain issues and achieve cost savings, demonstrating a high return on investment.
Key Company Profiles
- Thermo Fisher Scientific
- KEWAUNEE INTERNATIONAL GROUP
- Esco Lifesciences
- Justrite Safety Group
Other Prominent Vendors
- Biobase Biodusty
- Biolab Scientific
- FASTER S.r.l.
- LAMSYSTEMS CC
- Yamato Scientific Co., Ltd.
- H2I Group
- AirClean Systems, Inc.
- Scala Scientific
- Caron Products
- Terra Universal. Inc.
- ACMAS Technologies Pvt. Ltd.
- Heal Force
- Berner International GmbH
- Contained Air Solutions
- Infitek
- Photon Cleantech Inc
- Air Science USA LLC
- Haier Biomedical
- Suzhou Antai Airtech
- CRUMA
- Azbil Telstar, SLU
- NuAire
- Labconcox
- Germfree
- Secura Sweden AB
- Kottermann GmbH
- Durham Manufacturing
- asecos GmbH
- Storemasta
- SciMatCo
- Jointlab S.r.l.
KEY QUESTIONS ANSWERED:
1. Who are the key players in the global safety cabinet market?
2. Which region dominates the global safety cabinet market share?
3. How big is the global safety cabinet market?
4. What are the significant trends in the safety cabinet industry?
5. What is the growth rate of the global safety cabinet market?
TABLE OF CONTENTS
1. SCOPE & COVERAGE
- 1.1. MARKET DEFINITION
- 1.1.1. INCLUSIONS
- 1.1.2. EXCLUSIONS
- 1.1.3. MARKET ESTIMATION CAVEATS
- 1.2. SEGMENTS COVERED & DEFINITION
- 1.2.1. MARKET SEGMENTATION BY PRODUCT
- 1.2.2. MARKET SEGMENTATION BY END-USER
- 1.2.3. MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- 1.2.4. REGIONS & COUNTRIES COVERED
- 1.3. MARKET DERIVATION
- 1.3.1. HISTORIC, BASE, & FORECAST YEARS
2. PREMIUM INSIGHTS
- 2.1. OPPORTUNITY POCKETS
- 2.1.1. MARKET MATURITY INDICATOR
- 2.1.2. REGIONAL INSIGHTS
- 2.2. MARKET DEFINITIONS
- 2.3. REPORT OVERVIEW
- 2.4. OPPORTUNITIES & CHALLENGES ANALYSIS
- 2.5. SEGMENT ANALYSIS
- 2.6. REGIONAL ANALYSIS
- 2.7. COMPETITIVE LANDSCAPE
- 2.7.1. VENDOR ACTIVITIES
3. MARKET AT A GLANCE
4. INTRODUCTION
- 4.1. OVERVIEW
- 4.1.1. RAW MATERIAL PRICE FLUCTUATIONS
- 4.1.2. INVESTMENT IN THE PHARMACEUTICAL SECTOR
- 4.2. COMPANIES COMPLIANCE WITH SAFETY REGULATIONS
5. MARKET OPPORTUNITIES & TRENDS
- 5.1. INCREASING DEMAND FOR HEPA AND ULPA FILTERS IN BIOSAFETY CABINETS
- 5.2. SURGING DEMAND FOR COMPACT-SIZE BIOSAFETY CABINETS
- 5.3. RISING DEMAND FOR ELECTRONICALLY COMMUTATED MOTORS IN BIOSAFETY CABINETS
- 5.4. GROWING DEMAND FOR DOUBLE-WALLED SAFETY CABINETS
6. MARKET GROWTH ENABLERS
- 6.1. RAPID TECHNOLOGICAL ADVANCEMENTS
- 6.2. INCREASING DEMAND FOR CUSTOMIZED SAFETY CABINETS
- 6.3. EMERGENCE OF INFECTIOUS DISEASES
- 6.4. GROWING INVESTMENTS IN R&D AND LABORATORIES
7. MARKET RESTRAINTS
- 7.1. STRINGENT REGULATORY STANDARDS
- 7.2. HIGH PRODUCT COSTS
- 7.3. LIMITED DEMAND IN EMERGING MARKETS
8. MARKET LANDSCAPE
- 8.1. MARKET OVERVIEW
- 8.2. DEMAND INSIGHTS
- 8.3. VENDOR ANALYSIS
- 8.4. MARKET SIZE & FORECAST
- 8.5. FIVE FORCES ANALYSIS
- 8.5.1. THREAT OF NEW ENTRANTS
- 8.5.2. BARGAINING POWER OF SUPPLIERS
- 8.5.3. BARGAINING POWER OF BUYERS
- 8.5.4. THREAT OF SUBSTITUTES
- 8.5.5. COMPETITIVE RIVALRY
9. SAFETY CABINETS TYPE
- 9.1. MARKET SNAPSHOT & GROWTH ENGINE
- 9.2. MARKET OVERVIEW
- 9.3. SAFETY STORAGE CABINETS
- 9.3.1. MARKET OVERVIEW
- 9.3.2. MARKET SIZE & FORECAST
- 9.3.3. MARKET BY GEOGRAPHY
- 9.4. BIOLOGICAL SAFETY CABINETS
- 9.4.1. MARKET OVERVIEW
- 9.4.2. MARKET SIZE & FORECAST
- 9.4.3. MARKET BY GEOGRAPHY
10. END-USER
- 10.1. MARKET SNAPSHOT & GROWTH ENGINE
- 10.2. MARKET OVERVIEW
- 10.3. FACTORY LABORATORIES
- 10.3.1. MARKET OVERVIEW
- 10.3.2. MARKET SIZE & FORECAST
- 10.3.3. MARKET BY GEOGRAPHY
- 10.4. RESEARCH AND DIAGNOSTIC LABS
- 10.4.1. MARKET OVERVIEW
- 10.4.2. MARKET SIZE & FORECAST
- 10.4.3. MARKET BY GEOGRAPHY
- 10.5. ACADEMIC RESEARCH INSTITUTES
- 10.5.1. MARKET OVERVIEW
- 10.5.2. MARKET SIZE & FORECAST
- 10.5.3. MARKET BY GEOGRAPHY
- 10.6. OTHERS
- 10.6.1. MARKET OVERVIEW
- 10.6.2. MARKET SIZE & FORECAST
- 10.6.3. MARKET BY GEOGRAPHY
11. DISTRIBUTION CHANNEL
- 11.1. MARKET SNAPSHOT & GROWTH ENGINE
- 11.2. MARKET OVERVIEW
- 11.3. OFFLINE
- 11.3.1. MARKET OVERVIEW
- 11.3.2. MARKET SIZE & FORECAST
- 11.3.3. MARKET BY GEOGRAPHY
- 11.4. ONLINE
- 11.4.1. MARKET OVERVIEW
- 11.4.2. MARKET SIZE & FORECAST
- 11.4.3. MARKET BY GEOGRAPHY
12. GEOGRAPHY
- 12.1. MARKET SNAPSHOT & GROWTH ENGINE
- 12.2. GEOGRAPHIC OVERVIEW
13. NORTH AMERICA
- 13.1. MARKET OVERVIEW
- 13.2. MARKET SIZE & FORECAST
- 13.3. PRODUCT
- 13.3.1. MARKET SIZE & FORECAST
- 13.4. END-USER
- 13.4.1. MARKET SIZE & FORECAST
- 13.5. DISTRIBUTION CHANNEL
- 13.5.1. MARKET SIZE & FORECAST
- 13.6. KEY COUNTRIES
- 13.7. US: MARKET SIZE & FORECAST
- 13.8. CANADA: MARKET SIZE & FORECAST
14. EUROPE
- 14.1. MARKET OVERVIEW
- 14.2. MARKET SIZE & FORECAST
- 14.3. PRODUCT
- 14.3.1. MARKET SIZE & FORECAST
- 14.4. END-USER
- 14.4.1. MARKET SIZE & FORECAST
- 14.5. DISTRIBUTION CHANNEL
- 14.5.1. MARKET SIZE & FORECAST
- 14.6. KEY COUNTRIES
- 14.7. SWITZERLAND: MARKET SIZE & FORECAST
- 14.8. GERMANY: MARKET SIZE & FORECAST
- 14.9. UK: MARKET SIZE & FORECAST
- 14.10. FRANCE: MARKET SIZE & FORECAST
- 14.11. ITALY: MARKET SIZE & FORECAST
- 14.12. SPAIN: MARKET SIZE & FORECAST
- 14.13. RUSSIA: MARKET SIZE & FORECAST
15. APAC
- 15.1. MARKET OVERVIEW
- 15.2. MARKET SIZE & FORECAST
- 15.3. PRODUCT
- 15.3.1. MARKET SIZE & FORECAST
- 15.4. END-USER
- 15.4.1. MARKET SIZE & FORECAST
- 15.5. DISTRIBUTION CHANNEL
- 15.5.1. MARKET SIZE & FORECAST
- 15.6. KEY COUNTRIES
- 15.7. CHINA: MARKET SIZE & FORECAST
- 15.8. INDIA: MARKET SIZE & FORECAST
- 15.9. JAPAN: MARKET SIZE & FORECAST
- 15.10. SOUTH KOREA: MARKET SIZE & FORECAST
- 15.11. AUSTRALIA: MARKET SIZE & FORECAST
16. LATIN AMERICA
- 16.1. MARKET OVERVIEW
- 16.2. MARKET SIZE & FORECAST
- 16.3. PRODUCT
- 16.3.1. MARKET SIZE & FORECAST
- 16.4. END-USER
- 16.4.1. MARKET SIZE & FORECAST
- 16.5. DISTRIBUTION CHANNEL
- 16.5.1. MARKET SIZE & FORECAST
- 16.6. KEY COUNTRIES
- 16.7. BRAZIL: MARKET SIZE & FORECAST
- 16.8. MEXICO: MARKET SIZE & FORECAST
- 16.9. ARGENTINA: MARKET SIZE & FORECAST
- 16.10. COLOMBIA: MARKET SIZE & FORECAST
17. MIDDLE EAST AND AFRICA
- 17.1. MARKET OVERVIEW
- 17.2. MARKET SIZE & FORECAST
- 17.3. PRODUCT
- 17.3.1. MARKET SIZE & FORECAST
- 17.4. END-USER
- 17.4.1. MARKET SIZE & FORECAST
- 17.5. DISTRIBUTION CHANNEL
- 17.5.1. MARKET SIZE & FORECAST
- 17.6. KEY COUNTRIES
- 17.7. TURKEY: MARKET SIZE & FORECAST
- 17.8. SAUDI ARABIA: MARKET SIZE & FORECAST
- 17.9. SOUTH AFRICA: MARKET SIZE & FORECAST
- 17.10. UAE: MARKET SIZE & FORECAST
18. COMPETITIVE LANDSCAPE
- 18.1. COMPETITION OVERVIEW
- 18.1.1. VENDOR ACTIVITIES
19. KEY COMPANY PROFILES
- 19.1. ESCO LIFESCIENCES
- 19.1.1. BUSINESS OVERVIEW
- 19.1.2. PRODUCT OFFERINGS
- 19.1.3. KEY STRATEGIES
- 19.1.4. KEY STRENGTHS
- 19.1.5. KEY OPPORTUNITIES
- 19.2. JUSTRITE SAFETY GROUP
- 19.2.1. BUSINESS OVERVIEW
- 19.2.2. PRODUCT OFFERINGS
- 19.2.3. KEY STRATEGIES
- 19.2.4. KEY STRENGTHS
- 19.2.5. KEY OPPORTUNITIES
- 19.3. KEWAUNEE INTERNATIONAL GROUP
- 19.3.1. BUSINESS OVERVIEW
- 19.3.2. PRODUCT OFFERINGS
- 19.3.3. KEY STRATEGIES
- 19.3.4. KEY STRENGTHS
- 19.3.5. KEY OPPORTUNITIES
- 19.4. THERMO FISHER SCIENTIFIC
- 19.4.1. BUSINESS OVERVIEW
- 19.4.2. PRODUCT OFFERINGS
- 19.4.3. KEY STRATEGIES
- 19.4.4. KEY STRENGTHS
- 19.4.5. KEY OPPORTUNITIES
20. OTHER PROMINENT VENDORS
- 20.1. ACMAS TECHNOLOGIES PVT. LTD.
- 20.1.1. BUSINESS OVERVIEW
- 20.1.2. PRODUCT OFFERINGS
- 20.2. AIR SCIENCE USA LLC
- 20.2.1. BUSINESS OVERVIEW
- 20.2.2. PRODUCT OFFERINGS
- 20.3. AIRCLEAN SYSTEMS INC.
- 20.3.1. BUSINESS OVERVIEW
- 20.3.2. PRODUCT OFFERINGS
- 20.4. ASECOS GMBH
- 20.4.1. BUSINESS OVERVIEW
- 20.4.2. PRODUCT OFFERINGS
- 20.5. AZBIL TELSTAR, SLU
- 20.5.1. BUSINESS OVERVIEW
- 20.5.2. PRODUCT OFFERINGS
- 20.6. BERNER INTERNATIONAL GMBH
- 20.6.1. BUSINESS OVERVIEW
- 20.6.2. PRODUCT OFFERINGS
- 20.7. BIOBASE BIODUSTY
- 20.7.1. BUSINESS OVERVIEW
- 20.7.2. PRODUCT OFFERINGS
- 20.8. BIOLAB SCIENTIFIC
- 20.8.1. BUSINESS OVERVIEW
- 20.8.2. PRODUCT OFFERINGS
- 20.9. CARON PRODUCTS
- 20.9.1. BUSINESS OVERVIEW
- 20.9.2. PRODUCT OFFERINGS
- 20.10. CONTAINED AIR SOLUTIONS
- 20.10.1. BUSINESS OVERVIEW
- 20.10.2. PRODUCT OFFERINGS
- 20.11. CRUMA
- 20.11.1. BUSINESS OVERVIEW
- 20.11.2. PRODUCT OFFERINGS
- 20.12. DURHAM MANUFACTURING
- 20.12.1. BUSINESS OVERVIEW
- 20.12.2. PRODUCT OFFERINGS
- 20.13. FASTER S.R.L.
- 20.13.1. BUSINESS OVERVIEW
- 20.13.2. PRODUCT OFFERINGS
- 20.14. GERMFREE
- 20.14.1. BUSINESS OVERVIEW
- 20.14.2. PRODUCT OFFERINGS
- 20.15. H2I GROUP
- 20.15.1. BUSINESS OVERVIEW
- 20.15.2. PRODUCT OFFERINGS
- 20.16. HAIER BIOMEDICAL
- 20.16.1. BUSINESS OVERVIEW
- 20.16.2. PRODUCT OFFERINGS
- 20.17. HEAL FORCE
- 20.17.1. BUSINESS OVERVIEW
- 20.17.2. PRODUCT OFFERINGS
- 20.18. INFITEK
- 20.18.1. BUSINESS OVERVIEW
- 20.18.2. PRODUCT OFFERINGS
- 20.19. JOINTLAB S.R.L.
- 20.19.1. BUSINESS OVERVIEW
- 20.19.2. PRODUCT OFFERINGS
- 20.20. KOTTERMANN GMBH
- 20.20.1. BUSINESS OVERVIEW
- 20.20.2. PRODUCT OFFERINGS
- 20.21. LABCONCO
- 20.21.1. BUSINESS OVERVIEW
- 20.21.2. PRODUCT OFFERINGS
- 20.22. LAMSYSTEMS CC
- 20.22.1. BUSINESS OVERVIEW
- 20.22.2. PRODUCT OFFERINGS
- 20.23. NUAIRE
- 20.23.1. BUSINESS OVERVIEW
- 20.23.2. PRODUCT OFFERINGS
- 20.24. PHOTON CLEANTECH INC.
- 20.24.1. BUSINESS OVERVIEW
- 20.24.2. PRODUCT OFFERINGS
- 20.25. SCALA SCIENTIFIC
- 20.25.1. BUSINESS OVERVIEW
- 20.25.2. PRODUCT OFFERINGS
- 20.26. SCIMATCO
- 20.26.1. BUSINESS OVERVIEW
- 20.26.2. PRODUCT OFFERINGS
- 20.27. SECURA SWEDEN AB
- 20.27.1. BUSINESS OVERVIEW
- 20.27.2. PRODUCT OFFERINGS
- 20.28. STOREMASTA
- 20.28.1. BUSINESS OVERVIEW
- 20.28.2. PRODUCT OFFERINGS
- 20.29. SUZHOU ANTAI AIRTECH CO. LTD.
- 20.29.1. BUSINESS OVERVIEW
- 20.29.2. PRODUCT OFFERINGS
- 20.30. TERRA UNIVERSAL INC.
- 20.30.1. BUSINESS OVERVIEW
- 20.30.2. PRODUCT OFFERINGS
- 20.31. YAMATO SCIENTIFIC CO. LTD.
- 20.31.1. BUSINESS OVERVIEW
- 20.31.2. PRODUCT OFFERINGS
21. REPORT SUMMARY
- 21.1. KEY TAKEAWAYS
- 21.2. STRATEGIC RECOMMENDATIONS
22. QUANTITATIVE SUMMARY
- 22.1. MARKET BY GEOGRAPHY
- 22.2. PRODUCT: MARKET SIZE & FORECAST
- 22.3. END-USER: MARKET SIZE & FORECAST
- 22.4. DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST
23. APPENDIX
- 23.1. RESEARCH METHODOLOGY
- 23.2. RESEARCH PROCESS
- 23.3. REPORT ASSUMPTIONS & CAVEATS
- 23.3.1. KEY CAVEATS
- 23.3.2. CURRENCY CONVERSION
- 23.4. ABBREVIATIONS
LIST OF EXHIBITS
- EXHIBIT 1 MARKET SIZE CALCULATION APPROACH 2023
- EXHIBIT 2 OVERVIEW OF SAFETY CABINETS MARKET
- EXHIBIT 3 ABSOLUTE GROWTH IN KEY GEOGRAPHIES (2023-2029)
- EXHIBIT 4 KEY STATISTICS OF STEEL INDUSTRY, 2022
- EXHIBIT 5 ANNUAL GROWTH RATE OF PHARMACEUTICAL R&D EXPENDITURES (2008-2022)
- EXHIBIT 6 NUMBER OF BIOLOGICAL ENTITIES AND NEW CHEMICALS (2003-2022)
- EXHIBIT 7 REGIONAL SALES DISTRIBUTION OF NEWLY LAUNCHED MEDICATIONS (2017-2022)
- EXHIBIT 8 IMPACT OF INCREASING DEMAND FOR HEPA AND ULPA FILTERS IN BIOSAFETY CABINETS
- EXHIBIT 9 KEY MANUFACTURERS OF BIOSAFETY CABINETS WITH HEPA AND ULPA FILTERS
- EXHIBIT 10 IMPACT OF SURGING DEMAND FOR COMPACT-SIZE BIOSAFETY CABINETS
- EXHIBIT 11 IMPACT OF RISING DEMAND FOR ELECTRONICALLY COMMUTATED MOTORS IN BIOSAFETY CABINETS
- EXHIBIT 12 IMPACT OF GROWING DEMAND FOR DOUBLE-WALLED SAFETY CABINETS
- EXHIBIT 13 ADVANTAGES OF DOUBLE-WALLED SAFETY CABINETS
- EXHIBIT 14 IMPACT OF RAPID TECHNOLOGICAL ADVANCEMENTS
- EXHIBIT 15 IMPACT OF INCREASING DEMAND FOR CUSTOMIZED SAFETY CABINETS
- EXHIBIT 16 IMPACT OF EMERGENCE OF INFECTIOUS DISEASES
- EXHIBIT 17 IMPACT OF GROWING INVESTMENTS IN R&D AND LABORATORIES
- EXHIBIT 18 R&D INVESTMENTS BY PHARMA MEMBER COMPANIES, 2001-2021 ($ BILLION)
- EXHIBIT 19 PHARMACEUTICAL INDUSTRY R&D EXPENDITURE IN EUROPE 2000-2022 ($ BILLION)
- EXHIBIT 20 BENEFITS OF USING BIOSAFETY CABINETS IN FORENSIC LABORATORIES
- EXHIBIT 21 IMPACT OF STRINGENT REGULATORY STANDARDS
- EXHIBIT 22 IMPACT OF HIGH PRODUCT COSTS
- EXHIBIT 23 IMPACT OF LIMITED DEMAND IN EMERGING MARKETS
- EXHIBIT 24 KEY FACTORS DRIVING SAFETY CABINETS DEMAND
- EXHIBIT 25 CAGR OF SAFETY CABINETS MARKET BY REGION (2023-2029)
- EXHIBIT 26 GLOBAL SAFETY CABINETS MARKET 2023-2029 ($ MILLION)
- EXHIBIT 27 FIVE FORCES ANALYSIS 2023
- EXHIBIT 28 INCREMENTAL GROWTH BY TYPE 2023 & 2029
- EXHIBIT 29 GLOBAL SAFETY CABINETS MARKET BY PRODUCT 2023 & 2029 (%)
- EXHIBIT 30 ADVANTAGES OF FLAMMABLE STORAGE CABINETS
- EXHIBIT 31 TYPES OF FLAMMABLE SAFETY STORAGE CABINETS
- EXHIBIT 32 GLOBAL SAFETY STORAGE CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 33 OVERVIEW OF BIOSAFETY SEGMENT
- EXHIBIT 34 KEY MANUFACTURERS OF BIOSAFETY CABINETS
- EXHIBIT 35 GLOBAL BIOLOGICAL SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 36 INCREMENTAL GROWTH BY END-USER 2023 & 2029
- EXHIBIT 37 GLOBAL SAFETY CABINETS MARKET BY END-USER, 2023 & 2029
- EXHIBIT 38 R&D SPENDING ON PHARMACEUTICAL SECTOR 2018-2026 ($ BILLION)
- EXHIBIT 39 MEDICINES IN DEVELOPMENT (SELECT CATEGORIES)
- EXHIBIT 40 INDIAN GOVERNMENT R&D SPENDING ON PETROCHEMICAL SECTOR ($ MILLION)
- EXHIBIT 41 GLOBAL FACTORY LABORATORIES SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 42 GLOBAL RESEARCH & DIAGNOSTIC LABS SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 43 GLOBAL ACADEMIC RESEARCH INSTITUTES SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 44 GLOBAL OTHERS SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 45 INCREMENTAL GROWTH BY DISTRIBUTION CHANNEL 2023 & 2029
- EXHIBIT 46 GLOBAL SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023 & 2029
- EXHIBIT 47 KEY FACTORS ENHANCING OFFLINE DISTRIBUTION DEMAND
- EXHIBIT 48 GLOBAL OFFLINE SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 49 GLOBAL ONLINE SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 50 INCREMENTAL GROWTH BY GEOGRAPHY 2023 & 2029
- EXHIBIT 51 KEY STATISTICS OF INFECTIOUS DISEASES
- EXHIBIT 52 US AND CANADA R&D INVESTMENTS
- EXHIBIT 53 NORTH AMERICA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 54 INCREMENTAL GROWTH IN NORTH AMERICA 2023 & 2029
- EXHIBIT 55 US MEDICAL AND HEALTH R&D INVESTMENTS, 2016-2022 ($ BILLION)
- EXHIBIT 56 US SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 57 CANADA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 58 PHARMACEUTICAL INDUSTRY R&D EXPENDITURE IN BELGIUM, DENMARK, & SWEDEN 2021 ($ MILLION)
- EXHIBIT 59 EUROPE SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 60 INCREMENTAL GROWTH IN EUROPE 2023 & 2029
- EXHIBIT 61 KEY STATISTICS OF SWISS BIOTECH
- EXHIBIT 62 SWITZERLAND SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 63 R&D BUDGET OF GERMAN CHEMICAL INDUSTRY 2017 & 2050 ($ BILLION)
- EXHIBIT 64 GERMANY SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 65 UK SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 66 FRANCE SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 67 ITALY SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 68 SPAIN SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 69 RUSSIA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 70 APAC SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 71 INCREMENTAL GROWTH IN APAC 2023 & 2029
- EXHIBIT 72 PHARMACEUTICAL INDUSTRY R&D EXPENDITURE IN CHINA, 2000-2021 ($ BILLION)
- EXHIBIT 73 CHINA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 74 INDIA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 75 JAPAN R&D EXPENDITURE ON BIOTECHNOLOGY BY SECTORS, 2021 & 2022 ($ BILLION)
- EXHIBIT 76 JAPAN SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 77 NUMBER OF LABORATORIES IN SOUTH KOREA, 2024 (BY REGION)
- EXHIBIT 78 SOUTH KOREA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 79 KEY STATISTICS OF AGRICULTURAL R&D IN AUSTRALIA, 2022-2023
- EXHIBIT 80 AUSTRALIA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 81 INVESTMENTS IN PHARMACEUTICAL CLINICAL STUDY INDUSTRY IN LATIN AMERICA, 2019
- EXHIBIT 82 LATIN AMERICA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 83 INCREMENTAL GROWTH IN LATIN AMERICA 2023 & 2029
- EXHIBIT 84 BRAZIL SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 85 MEXICO CHEMICAL MANUFACTURING INDUSTRY REVENUE, 2020 ($ MILLION)
- EXHIBIT 86 MEXICO SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 87 ARGENTINA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 88 COLOMBIA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 89 KEY STATISTICS OF INFECTIOUS DISEASES IN THE MIDDLE EAST AND AFRICA
- EXHIBIT 90 MIDDLE EAST & AFRICA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 91 INCREMENTAL GROWTH IN MIDDLE EAST & AFRICA 2023 & 2029
- EXHIBIT 92 TURKEY SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 93 SAUDI ARABIA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 94 KEY INSIGHTS OF PHARMACEUTICAL INDUSTRY IN SOUTH AFRICA, 2021
- EXHIBIT 95 SOUTH AFRICA SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 96 UAE SAFETY CABINETS MARKET 2020-2029 ($ MILLION)
- EXHIBIT 97 KEY VENDOR ANALYSIS
- EXHIBIT 98 REVENUE DISTRIBUTION OF THERMO FISHER SCIENTIFIC, 2023 (BY REGION)
- EXHIBIT 99 KEY CAVEATS
LIST OF TABLES
LIST OF TABLES
- TABLE 1 MAJOR STEEL PRODUCING COUNTRIES, 2022 & 2021 (MILLION TONS)
- TABLE 2 DIFFERENCE BETWEEN HEPA AND ULPA FILTERS
- TABLE 3 KEY MANUFACTURERS OF BIOSAFETY CABINETS PRODUCTS WITH ECM
- TABLE 4 PRODUCT INNOVATIONS IN BIOSAFETY CABINETS BY VENDORS
- TABLE 5 GUIDELINES FOR DIFFERENT TYPES OF CLASS II BIOSAFETY CABINETS UNDER NSF/ANSI 49-2022
- TABLE 6 KEY MANUFACTURERS AND THEIR PRODUCT PRICES
- TABLE 7 TYPES OF BIOSAFETY CABINETS
- TABLE 8 KEY MANUFACTURERS OF CHEMICAL SAFETY STORAGE CABINET
- TABLE 9 KEY MANUFACTURERS OF ACID AND CORROSIVE CABINETS
- TABLE 10 GLOBAL SAFETY STORAGE CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 11 TYPES OF BIOSAFETY CABINETS AND ASSOCIATED PROTECTION LEVELS
- TABLE 12 KEY MANUFACTURERS OF CLASS II TYPE A1 BIOSAFETY CABINETS
- TABLE 13 KEY MANUFACTURERS OF CLASS II TYPE A2 BIOSAFETY CABINETS
- TABLE 14 KEY MANUFACTURERS OF CLASS II TYPE B1 BIOSAFETY CABINETS
- TABLE 15 KEY MANUFACTURERS OF CLASS II TYPE B2 BIOSAFETY CABINETS
- TABLE 16 KEY MANUFACTURERS OF CLASS III BIOSAFETY CABINETS
- TABLE 17 GLOBAL BIOLOGICAL SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 18 GLOBAL FACTORY LABORATORIES SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 19 NUMBER OF HOSPITALS BY COUNTRY
- TABLE 20 GLOBAL RESEARCH & DIAGNOSTIC LABS SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 21 GLOBAL ACADEMIC RESEARCH INSTITUTES SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 22 GLOBAL OTHERS SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 23 GLOBAL OFFLINE SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 24 GLOBAL ONLINE SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 25 GLOBAL MANUFACTURING OUTPUT BY COUNTRY, 2019
- TABLE 26 NORTH AMERICA SAFETY CABINETS MARKET BY PRODUCT 2023-2029 ($ MILLION)
- TABLE 27 NORTH AMERICA SAFETY CABINETS MARKET BY END-USER 2023-2029 ($ MILLION)
- TABLE 28 NORTH AMERICA SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023-2029 ($ MILLION)
- TABLE 29 EUROPE SAFETY CABINETS MARKET BY PRODUCT 2023-2029 ($ MILLION)
- TABLE 30 EUROPE SAFETY CABINETS MARKET BY END-USER 2023-2029 ($ MILLION)
- TABLE 31 EUROPE SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023-2029 ($ MILLION)
- TABLE 32 NUMBER OF MEDICAL LABORATORIES IN GERMANY, 2024 (BY REGION)
- TABLE 33 NUMBER OF MEDICAL LABORATORIES IN UK, 2024 (BY STATE)
- TABLE 34 NUMBER OF SCHOOLS IN UK, 2023 (BY REGION)
- TABLE 35 NUMBER OF MEDICAL LABORATORIES IN FRANCE, 2024 (BY REGION)
- TABLE 36 NUMBER OF RESEARCH INSTITUTES IN ITALY, 2024 (BY REGION)
- TABLE 37 NUMBER OF MEDICAL LABORATORIES IN SPAIN (BY REGION)
- TABLE 38 NUMBER OF DIAGNOSTIC CENTERS IN RUSSIA, 2024 (BY REGION)
- TABLE 39 APAC SAFETY CABINETS MARKET BY PRODUCT 2023-2029 ($ MILLION)
- TABLE 40 APAC SAFETY CABINETS MARKET BY END-USER 2023-2029 ($ MILLION)
- TABLE 41 APAC SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023-2029 ($ MILLION)
- TABLE 42 NUMBER OF DIAGNOSTIC CENTERS IN JAPAN, 2024 (BY REGION)
- TABLE 43 NUMBER OF DIAGNOSTIC CENTERS IN AUSTRALIA 2024 (BY STATE)
- TABLE 44 LATIN AMERICA SAFETY CABINETS MARKET BY PRODUCT 2023-2029 ($ MILLION)
- TABLE 45 LATIN AMERICA SAFETY CABINETS MARKET BY END-USER 2023-2029 ($ MILLION)
- TABLE 46 LATIN AMERICA SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023-2029 ($ MILLION)
- TABLE 47 NUMBER OF DIAGNOSTIC CENTERS IN BRAZIL, 2024 (BY REGION)
- TABLE 48 NUMBER OF MEDICAL LABORATORIES IN COLOMBIA, 2024 (BY REGION)
- TABLE 49 NUMBER OF MEDICAL LABORATORIES IN THE MIDDLE EAST & AFRICA, 2024 (BY COUNTRY)
- TABLE 50 MIDDLE EAST & AFRICA SAFETY CABINETS MARKET BY PRODUCT 2023-2029 ($ MILLION)
- TABLE 51 MIDDLE EAST & AFRICA SAFETY CABINETS MARKET BY END-USER 2023-2029 ($ MILLION)
- TABLE 52 MIDDLE EAST & AFRICA SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023-2029 ($ MILLION)
- TABLE 53 NUMBER OF MEDICAL LABORATORIES IN TURKEY, 2024 (BY REGION)
- TABLE 54 NUMBER OF MEDICAL LABORATORIES IN UAE, 2024 (BY REGION)
- TABLE 55 ESCO LIFESCIENCES: MAJOR PRODUCT OFFERINGS
- TABLE 56 JUSTRITE: MAJOR PRODUCT OFFERINGS
- TABLE 57 KEWAUNEE INTERNATIONAL GROUP: MAJOR PRODUCT OFFERINGS
- TABLE 58 THERMO FISHER SCIENTIFIC INC.: MAJOR PRODUCT OFFERINGS
- TABLE 59 ACMAS TECHNOLOGIES PVT. LTD.: MAJOR PRODUCT OFFERINGS
- TABLE 60 AIR SCIENCE USA LLC: MAJOR PRODUCT OFFERINGS
- TABLE 61 AIRCLEAN SYSTEMS INC.: MAJOR PRODUCT OFFERINGS
- TABLE 62 ASECOS GMBH: MAJOR PRODUCT OFFERINGS
- TABLE 63 AZBIL TELSTAR, SLU: MAJOR PRODUCT OFFERINGS
- TABLE 64 BERNER INTERNATIONAL GMBH: MAJOR PRODUCT OFFERINGS
- TABLE 65 BIOBASE BIODUSTY: MAJOR PRODUCT OFFERINGS
- TABLE 66 BIOLAB SCIENTIFIC: MAJOR PRODUCT OFFERINGS
- TABLE 67 CARON PRODUCTS: MAJOR PRODUCT OFFERINGS
- TABLE 68 CONTAINED AIR SOLUTIONS: MAJOR PRODUCT OFFERINGS
- TABLE 69 CRUMA: MAJOR PRODUCT OFFERINGS
- TABLE 70 DURHAM MANUFACTURING: MAJOR PRODUCT OFFERINGS
- TABLE 71 FASTER S.R.L.: MAJOR PRODUCT OFFERINGS
- TABLE 72 GERMFREE: MAJOR PRODUCT OFFERINGS
- TABLE 73 H2I GROUP: MAJOR PRODUCT OFFERINGS
- TABLE 74 HAIER BIOMEDICAL MAJOR PRODUCT OFFERINGS
- TABLE 75 HEAL FORCE: MAJOR PRODUCT OFFERINGS
- TABLE 76 INFITEK: MAJOR PRODUCT OFFERINGS
- TABLE 77 JOINTLAB S.R.L. MAJOR PRODUCT OFFERINGS
- TABLE 78 KOTTERMANN GMBH: MAJOR PRODUCT OFFERINGS
- TABLE 79 LABCONCO: MAJOR PRODUCT OFFERINGS
- TABLE 80 LAMSYSTEMS CC: MAJOR PRODUCT OFFERINGS
- TABLE 81 NUAIRE: MAJOR PRODUCT OFFERINGS
- TABLE 82 PHOTON CLEANTECH INC.: MAJOR PRODUCT OFFERINGS
- TABLE 83 SCALA SCIENTIFIC: MAJOR PRODUCT OFFERINGS
- TABLE 84 SCIMATCO: MAJOR PRODUCT OFFERINGS
- TABLE 85 SECURA SWEDEN AB: MAJOR PRODUCT OFFERINGS
- TABLE 86 STOREMASTA: MAJOR PRODUCT OFFERINGS
- TABLE 87 SUZHOU ANTAI AIRTECH CO. LTD.: MAJOR PRODUCT OFFERINGS
- TABLE 88 TERRA UNIVERSAL INC.: MAJOR PRODUCT OFFERINGS
- TABLE 89 YAMATO SCIENTIFIC CO. LTD.: MAJOR PRODUCT OFFERINGS
- TABLE 90 GLOBAL SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 ($ MILLION)
- TABLE 91 GLOBAL SAFETY CABINETS MARKET BY GEOGRAPHY 2023-2029 (%)
- TABLE 92 GLOBAL SAFETY CABINETS MARKET BY PRODUCT 2023-2029 ($ MILLION)
- TABLE 93 GLOBAL SAFETY CABINETS MARKET BY END-USER 2023-2029 ($ MILLION)
- TABLE 94 GLOBAL SAFETY CABINETS MARKET BY DISTRIBUTION CHANNEL 2023-2029 ($ MILLION)
- TABLE 95 CURRENCY CONVERSION 2017-2023
