PUBLISHER: Grand View Research | PRODUCT CODE: 1512091
PUBLISHER: Grand View Research | PRODUCT CODE: 1512091
The North America laboratory workstation & storage furniture market size is expected to reach USD 2.30 billion by 2030, growing at a CAGR of 8.3% during the forecast period, according to a new report by Grand View Research, Inc. Advancements in laboratory technologies have driven the adoption of workstations and storage solutions that can accommodate new equipment, integrate with technological systems, and provide flexibility for upgrades. Laboratories are increasingly focusing on optimizing space utilization, enhancing workflow efficiency, and maximizing productivity. Furniture solutions that offer modular designs, customizable configurations, and smart storage options enable laboratories to maximize space usage, accommodate changing needs, and improve operational efficiency, driving market growth.
A May 2023 blog by OMNI Lab Solutions, a provider of laboratory workstations, tables, and benches in the U.S., highlighted common lab issues such as poor workspace stability, low-quality workstation surfaces, insufficient workspace, and inadequate storage. Growing concerns such as these will drive the demand for efficient lab workstations. OMNI Lab Solutions addresses common lab issues by offering robust and purpose-built laboratory equipment. By providing sturdy lab tables and benches with high-quality materials like steel frames and chemical-resistant Trespa phenolic resin surfaces, OMNI Lab Solutions ensures a safe and efficient working environment for researchers. Moreover, its customizable solutions, offering ample workspace and storage options, meet the evolving needs of modern laboratories, contributing to the growth of the North America market for laboratory workstations and storage furniture.
One of the key challenges in the market lies in meeting the diverse and stringent requirements set forth by various stakeholders, such as fire marshals, chemical hygiene officers, biosafety officers, and regulatory bodies such as the National Fire Protection Association (NFPA). These requirements often encompass factors such as fire safety, chemical resistance, electrostatic discharge (ESD) protection, cleanliness, and ergonomic design. Opting for laboratory furniture constructed of ESD-safe materials may be necessary. As laboratories vary in their applications, processes, and environments, finding furniture solutions that accommodate these diverse needs while adhering to safety standards can be complex.
With growing investments in research and development, government laboratories in North America are expected to experience increased demand for laboratory workstations & storage furniture to support cutting-edge research and experimentation, thereby driving market growth. In 2022, the Government of Canada announced to invest USD 962.2 million over eight years and USD 121.1 million ongoing to renew the National Research Council of Canada (NRC) facilities. The investment by the Government of Canada in renewing the NRC's facilities highlights the importance of providing researchers with access to modern equipment and facilities to support innovation.