Global Beakers Market - 2023-2030

Overview

Global Beakers Market reached US$ 444.9 million in 2022 and is expected to reach US$ 681.7 million by 2030, growing with a CAGR of 5.5% during the forecast period 2023-2030.

The persistent growth of research and development (R&D) endeavors across various sectors such as materials science, biotechnology, chemicals and pharmaceuticals has a profound influence on the globally beaker market and the beakers are essential tools for mixing, measuring and conducting tests in laboratories, which are critical duties in R&D projects.

Because they were inexpensive, durable and break-resistant, plastic beakers were becoming more and more common. Particularly in situations where chemical compatibility and heat resistance were not crucial, many laboratories and companies were choosing plastic beakers over conventional glass containers. The beakers were created to fulfill certain specifications in industries including biotechnology, pharmaceuticals and nanotechnology.

Asia-Pacific dominates the beakers market covering nearly 54.5% share in the globe. The growth of the beakers market has been aided by the rise of the healthcare industry in several Asia-Pacific. There is a higher demand for healthcare services, pharmaceutical production and medical research as a result of population growth. Beakers are crucial instruments in the processes of pharmaceutical research and medication development, which increases demand for them in the region.

Dynamics

Expanding Biotechnology Sector is Driving the Market Expansion

The rapid growth of the world's biotechnology industry has been crucial in boosting demand for beakers. For operations including cell cultivation, enzyme tests and DNA analysis, biotechnology businesses and research facilities need a variety of lab instruments. Beakers are an essential component of these procedures since they are used for performing tests, mixing chemicals and preparing solutions.

The demand for specialized beakers designed for these applications is growing as biotechnology develops and expands into fields like genomics, proteomics and personalized medicine. The global market for beakers is anticipated to be significantly influenced by the biotechnology sector's growth potential, with the help of creative research and development activities.

For Instance, in 2023, The product portfolio of Dynalab, which was acquired by Calibre Scientific, consists of plastic bottles, jars, containers, beakers, disposal boxes and other general laboratory equipment. Dynalab is also a distributor and manufacturer of laboratory plastics, consumables, equipment, supplies and custom-fabricated goods for the scientific, industrial, agricultural, water, pharma and educational markets in United States with headquarters in Rochester, New York.

Increasing Demand in Pharmaceutical Research

The continuous growth of the pharmaceutical sector, powered by R&D efforts, has greatly propelled the rise of the world's beaker market. Beakers are essential equipment for mixing, measuring and conducting experiments in pharmaceutical laboratories. There is a rising need for premium laboratory glassware such as beakers due to the growing focus on drug research and development.

Additionally, Beakers will continue to be in high demand as pharmaceutical companies continue to make significant investments in medication development and testing. Beakers are essential in every phase of pharmaceutical research, which includes a wide range of applications from chemical analysis through formulation development. The pharmaceutical business is expanding steadily, which benefits the market because it requires accurate and dependable laboratory supplies like beakers.

Additionally, to meet the rising demand for borosilicate glass for laboratory glassware, producers of the material are boosting their manufacturing capacity and assuring a sufficient supply of raw materials. For instance, in October 2018, to satisfy the rising demand for borosilicate glass tubing for premium pharmaceutical equipment in Asia, SCHOTT AG announced the expansion of its capacity and opened new facilities in India and China, respectively.

Sustainability and Environmental Concerns Restricting the Market Growth

Concerns about the usage of plastic beakers in laboratories have arisen as environmental awareness and sustainability have emerged as crucial global problems. The expansion of the market is constrained by the environmental effect of throwaway plastic beakers in particular. Increasingly strict rules and a focus on environmentally responsible practices have led laboratories to look for alternatives, such as reusable glass beakers or sustainable materials, which may reduce the demand for conventional plastic beakers.

The demand for less plastic application and the global trend towards greener practices are encouraging businesses and laboratories to look for more sustainable alternatives. Plastic beakers' potential for development in the globally market is anticipated to be constrained by this change as producers and end users look for more ecologically friendly substitutes.

Growing Adoption of Alternative Materials is Restricting the Market Expansion

Alternative materials including borosilicate glass and stainless steel actively challenge the market share for beakers. Borosilicate glass beakers are a well-liked option for high-temperature applications because of their robustness, chemical resistance and suitability. Stainless steel beakers are frequently utilized due to their durability and immunity to corrosion. The benefits result in a decrease in the demand for plastic beakers, particularly in fields where precision and durability are important.

In some applications, these materials can even exceed plastic. Alternative materials could be more expensive up front, but they frequently end up being less expensive in the long run than plastic beakers are. Because of this, the market for plastic beakers is constrained from expanding as end users increasingly choose alternatives that offer improved performance and durability.

Segment Analysis

The global beakers market is segmented based on type, construction, capacity, application, end-user and region.

Rising Plastic Beakers Use in Commercial Expansion

The rise of plastic beakers is mostly due to their cost-effectiveness which has made it to contribute more than 1/4th share in the market. Beakers made of plastic are often less expensive than beakers made of glass, making them a cost-effective option for laboratories and businesses seeking to save costs without sacrificing functionality. Due to their lower cost, plastic beakers are becoming more and more popular in globally markets.

Additionally, Plastic beaker's commercial expansion has been greatly aided by its adaptability. It are excellent for a variety of uses in labs, pharmaceutical production facilities and industrial settings since they come in a broad variety of sizes and forms and many are built with features like graduated markings and pouring spouts. Plastic beakers are becoming more prevalent in the globally beakers market as a result of their versatility, which has made them a top option for end users looking for useful and adaptable laboratory equipment.

Geographical Penetration

Expanding Pharmaceutical Industry and Rising Laboratories in Asia-Pacific

Asia-Pacific has been a dominant force in the global beakers market and expected to cover nearly 60.1% in the forecast period. The presence of famous manufacturers of beakers, the laboratory glassware sector in India has developed and adapted to technical advancements, including contemporary techniques and automation acts as a major driving force for the market. Due to the expanding pharmaceutical industry, rising number of laboratories and significant ongoing R&D initiatives, the Indian beaker market is predicted to expand significantly for the projected period.

Since 1996, the Indonesian government has allocated several deregulation packages, where limitations have been loosened and non-tariff barriers have been replaced with tariffs that are more transparent to promote both local and international private investment for the nation's economic development. The country's economy is mostly driven by the pharmaceutical industry and since a new government was elected in 2019, the Indonesian pharmaceutical industry has experienced tremendous development.

Due to the rising R&D activities and the expanding use of high-end laboratory glassware in the pharmaceutical industry, Thailand is predicted to have significant expansion in the beaker market during the projected period. The manufacturing of medicines increased by almost 30% in Thailand between 2011 and 2015, further solidifying the country's position as an ASEAN powerhouse for the industry.

Furthermore, to draw pharmaceutical companies from other countries, CPhI South East Asia has announced the event's "Thailand Edition 2019." In addition, the Make in India campaign's introduction has led to significant investments in the pharmaceutical industry, which has increased demand for high-end laboratory supplies. The first of the largest countries in Southeast Asia, Indonesia provides the market for beakers with many opportunities and potential.

COVID-19 Impact Analysis

The global market for beakers was significantly impacted by the COVID-19 pandemic. Initial lockdowns and restrictions in several nations disrupted supply chains and manufacturing, which created delays in the manufacture and delivery of laboratory supplies like beakers. There were shortages of supplies and longer lead times as a result of several production facilities having to temporarily close down or operate at reduced capacity.

This restricted the capacity of research institutes, labs and other end users to quickly acquire the required equipment. The pandemic increased the need for lab supplies, particularly in disciplines like molecular biology, virology and epidemiology, where study on COVID-19 was of utmost importance. Additional beakers and other labware were desperately needed by laboratories and healthcare institutes for testing and research.

The supply chain was strained by the increase in demand and some suppliers had trouble fulfilling the additional orders, which might have resulted in unexpected price increases and delayed deliveries. The pandemic also affected the direction that research and laboratory activity took.

The study on COVID-19 altered the focus of several labs, which may have temporarily decreased the need for specific types of laboratory equipment utilized in other fields. It change in research goals may have had an impact on the particular types and sizes of beakers that were in demand, as well as the geographic distribution of sales since certain laboratory equipment was more in demand in areas with a high COVID-19 caseload.

Russia-Ukraine War Impact Analysis

The conflict between Russia and Ukraine might have several effects on the world market for beakers. In the chemical and industrial industries, Russia and Ukraine are important actors. Supply chains and the manufacture of the raw materials required to make beakers, such as glass and plastic, might be affected by the war. The general availability and cost of beakers on the globally market may be impacted by this disruption due to shortages, increased production costs and price volatility.

Trade and collaboration on a global scale may be hampered by geopolitical tensions and economic sanctions against Russia. Manufacturers in these nations could have trouble exporting their goods and multinational corporations might think twice about their relationships with Russian and Ukrainian suppliers. It may cause a reorganization of supply chains and affect where beakers and other lab supplies are sourced.

Businesses can reconsider their expansion plans and investments due to the unpredictability and volatility in the area. Due to economic and geopolitical uncertainty, laboratories and research institutes may postpone or rethink their purchasing of laboratory supplies, including beakers. In general, the Russia-Ukraine conflict adds an element of uncertainty that may have an impact on supply, demand and investment choices in the globally market for beakers.

By Type

• Glass
• Plastic
• Metal

By Construction

• Small Foam
• Flat Foam
• Tall Foam

By Capacity

• Less than 10 ml
• 10 ml - 100 ml
• 100 ml - 500 ml
• Above 500 ml

By Application

• Contract Research Organizations
• Research and Academic Institutes
• Pharmaceutical and Biotechnology Industries
• Healthcare Facilities
• Food and Beverages
• Others

By End-User

• Laboratories
• Manufacturing Facilities
• Healthcare Institutions
• Educational Institutions
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico

• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Rest of Europe

• South America
  • Brazil
  • Argentina
  • Rest of South America

• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• On January 10, 2023, Dynalab Corp., a distributor and manufacturer of laboratory plastics, consumables, equipment, supplies and custom-fabricated items with locations in Rochester, New York and serving the scientific, industrial, agricultural, water, pharma and educational industries in U.S., was bought by Calibre Scientific. Given that it already has distribution operations in Canada and Brazil, Calibre Scientific's entry into U.S. distribution market with Dynalab bolsters its position in the Americas.
• On October 04, 2022, Greiner Bio-One launched a brand-new urine cup for sale. The Urine Cup with Integrated Transfer Device makes it possible to safely collect and deliver urine samples to the desired location. The sample transfer from the cup to an evacuated tube is quick, easy and sanitary due to the integrated transfer mechanism.

Competitive Landscape

The major global players in the market include: Corning Incorporated, DWK Life Sciences, Thermo Fisher Scientific Inc., VWR International, LLC, Bel-Art Products, Dynalab Corp., Kartell, Eisco Labs, Borosil Limited and Labconco.

Why Purchase the Report?

• To visualize the global beakers market segmentation based on type, construction, capacity, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of beakers market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global beakers market report would provide approximately 77 tables, 83 figures and 194 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies