Global Lab Consumables Market Size study, by Type, by Application, by End User, and Regional Forecasts 2022-2032

Description

The Global Lab Consumables Market, valued at approximately USD 13.43 billion in 2023, is projected to grow at a steady compound annual growth rate (CAGR) of 7.30% during the forecast period from 2024 to 2032. The surging demand for high-quality and precise laboratory supplies is a key factor propelling this growth. Lab consumables, such as microplates, pipettes, and vials, are fundamental to achieving accurate results across research, diagnostics, and manufacturing processes, underscoring their critical role in various industries.

As the pharmaceutical and biotechnology sectors expand, the need for sophisticated lab consumables designed to meet stringent regulatory standards and improve efficiency is gaining prominence. The integration of innovative designs, such as advanced filters and ergonomic pipettes, enhances usability and reduces contamination risks. Additionally, the growing emphasis on forensic and material sciences fuels the market, driven by an increasing reliance on analytical techniques to ensure quality and compliance. However, challenges such as high procurement costs and fluctuating raw material availability could restrain growth in cost-sensitive markets.

Regionally, North America remains a dominant player due to its robust healthcare infrastructure and significant investment in R&D activities. The U.S., a leader in pharmaceutical innovation, contributes significantly to this market's expansion. Europe follows closely, supported by stringent regulatory frameworks and advancements in diagnostic technologies. Meanwhile, the Asia-Pacific region is anticipated to exhibit the fastest growth, spurred by the expansion of healthcare services, burgeoning biotechnology sectors, and government initiatives fostering scientific research in countries like China and India. Latin America and the Middle East & Africa are also emerging as noteworthy markets, propelled by increasing industrial activities and improved access to medical and research facilities.

Major market players included in this report are:

Thermo Fisher Scientific Inc.
Merck KGaA
Eppendorf AG
Corning Incorporated
Agilent Technologies, Inc.
Greiner Bio-One International GmbH
Sartorius AG
Danaher Corporation
Gilson, Inc.
PerkinElmer Inc.
VWR International, LLC (Avantor)
Bio-Rad Laboratories, Inc.
Hamilton Company
Tecan Group Ltd.
Beckman Coulter, Inc.

The detailed segments and sub-segments of the market are explained below:

By Type:

Microplate
Pipette & Tip
Tube
Filter
Vial
Gloves

By Application:

Research
Diagnostic
Industrial Manufacturing
Forensic
Material
Environmental

By End User:

Pharmaceutical
Food & Beverages (F&B)
Hospital
Biotech

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
Rest of Europe

Asia-Pacific:

China
India
Japan
Australia
South Korea
Rest of Asia-Pacific

Latin America:

Brazil
Mexico
Rest of Latin America

Middle East & Africa:

Saudi Arabia
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical Year: 2022
Base Year: 2023
Forecast Period: 2024 to 2032

Key Takeaways:

Comprehensive market estimates and forecasts spanning 10 years.
Detailed segmentation and regional insights highlighting growth opportunities.
In-depth analysis of market dynamics, including drivers, challenges, and opportunities.
Competitive analysis with profiles of leading players and their strategic initiatives.
Actionable recommendations for market players to strengthen their market presence.

Chapter 1. Global Lab Consumables Market Executive Summary

1.1. Global Lab Consumables Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Application
- 1.3.3. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Lab Consumables Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Lab Consumables Market Dynamics

3.1. Market Drivers
- 3.1.1. Expansion of Pharmaceutical and Biotechnology Sectors
- 3.1.2. Growing Emphasis on Forensic and Material Sciences
- 3.1.3. Increasing Demand for High-Quality and Precise Laboratory Supplies
3.2. Market Challenges
- 3.2.1. High Procurement Costs
- 3.2.2. Fluctuating Raw Material Availability
3.3. Market Opportunities
- 3.3.1. Technological Advancements in Lab Consumables
- 3.3.2. Emerging Markets in Asia-Pacific
- 3.3.3. Government Initiatives Promoting Scientific Research

Chapter 4. Global Lab Consumables Market Industry Analysis

4.1. Porter's Five Forces Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's Five Forces Model
- 4.1.7. Porter's Five Forces Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Lab Consumables Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Lab Consumables Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Microplate
- 5.2.2. Pipette & Tip
- 5.2.3. Tube
- 5.2.4. Filter
- 5.2.5. Vial
- 5.2.6. Gloves

Chapter 6. Global Lab Consumables Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Lab Consumables Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Research
- 6.2.2. Diagnostic
- 6.2.3. Industrial Manufacturing
- 6.2.4. Forensic
- 6.2.5. Material
- 6.2.6. Environmental

Chapter 7. Global Lab Consumables Market Size & Forecasts by End User 2022-2032

7.1. Segment Dashboard
7.2. Global Lab Consumables Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Pharmaceutical
- 7.2.2. Food & Beverages (F&B)
- 7.2.3. Hospital
- 7.2.4. Biotech

Chapter 8. Global Lab Consumables Market Size & Forecasts by Region 2022-2032

8.1. North America Lab Consumables Market
- 8.1.1. U.S. Lab Consumables Market
  - 8.1.1.1. Type Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
  - 8.1.1.3. End User Breakdown Size & Forecasts, 2022-2032
- 8.1.2. Canada Lab Consumables Market
  - 8.1.2.1. Type Breakdown Size & Forecasts, 2022-2032
  - 8.1.2.2. Application Breakdown Size & Forecasts, 2022-2032
  - 8.1.2.3. End User Breakdown Size & Forecasts, 2022-2032
8.2. Europe Lab Consumables Market
- 8.2.1. UK Lab Consumables Market
- 8.2.2. Germany Lab Consumables Market
- 8.2.3. France Lab Consumables Market
- 8.2.4. Spain Lab Consumables Market
- 8.2.5. Italy Lab Consumables Market
- 8.2.6. Rest of Europe Lab Consumables Market
8.3. Asia-Pacific Lab Consumables Market
- 8.3.1. China Lab Consumables Market
- 8.3.2. India Lab Consumables Market
- 8.3.3. Japan Lab Consumables Market
- 8.3.4. Australia Lab Consumables Market
- 8.3.5. South Korea Lab Consumables Market
- 8.3.6. Rest of Asia-Pacific Lab Consumables Market
8.4. Latin America Lab Consumables Market
- 8.4.1. Brazil Lab Consumables Market
- 8.4.2. Mexico Lab Consumables Market
- 8.4.3. Rest of Latin America Lab Consumables Market
8.5. Middle East & Africa Lab Consumables Market
- 8.5.1. Saudi Arabia Lab Consumables Market
- 8.5.2. South Africa Lab Consumables Market
- 8.5.3. Rest of Middle East & Africa Lab Consumables Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Thermo Fisher Scientific Inc.
- 9.1.2. Merck KGaA
- 9.1.3. Eppendorf AG
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Thermo Fisher Scientific Inc.
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Merck KGaA
- 9.3.3. Eppendorf AG
- 9.3.4. Corning Incorporated
- 9.3.5. Agilent Technologies, Inc.
- 9.3.6. Greiner Bio-One International GmbH
- 9.3.7. Sartorius AG
- 9.3.8. Danaher Corporation
- 9.3.9. Gilson, Inc.
- 9.3.10. PerkinElmer Inc.
- 9.3.11. VWR International, LLC (Avantor)
- 9.3.12. Bio-Rad Laboratories, Inc.
- 9.3.13. Hamilton Company
- 9.3.14. Tecan Group Ltd.
- 9.3.15. Beckman Coulter, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes