Global Laboratory Furniture Market Research Report Information by Product, by Material, by End User, and by Region

Description

List of Tables

Global Laboratory Furniture Market Research Report Information by Product (Laboratory Tables, Laboratory Stools & Benches, Laboratory Desk & Storage Cabinets, Pedestal Laboratory Furniture, Laboratory IPS Units, Biological Safety Cabinets, Fume Hoods, and Others), by Material (Plastic, Metal, Stainless Steel, Wood, and Others), by End User (School & Colleges Laboratory, and Medical Laboratory), and by Region (North America, Europe, Asia-Pacific, and Rest of the World - Forecast till 2032

Market Overview

In 2023, the Laboratory Furniture Market was estimated to be worth USD 1.92 billion. The Laboratory Furniture Market industry is anticipated to experience a compound annual growth rate (CAGR) of 4.30% from USD 2.0 billion in 2024 to USD 2.92 billion by 2032. This growth is to be achieved during the forecast period (2024-2032).

The increasing investment in research and development, the increasing number of safety regulations, the strategic initiatives to stimulate pharmaceutical R&D, and government funding for schools and colleges are all contributing factors to the growth of the Laboratory Furniture market.

Government funding for schools and colleges has a substantial impact on the laboratory benches. The demand for educational laboratory furniture is significantly influenced by this driver. The laboratory furniture market is significantly influenced by government funding for educational institutions. The objective of governments worldwide is to equip schools and institutions with state-of-the-art laboratories that facilitate practical and research-based learning. The demand for laboratory furniture that is specifically designed for educational environments is directly influenced by this financial support. Additionally, the government's initiatives to improve the quality of education and promote research and innovation at the school and college levels result in enhanced funding for laboratory infrastructure. This, in turn, increases the demand for laboratory furniture that is both secure and functional, thereby enabling students to participate in research activities and experiments in a productive manner. Educational institutions are able to establish new laboratories and renovate existing ones as a result of the availability of government funding. This frequently entails replacing antiquated furniture with contemporary, ergonomic, and environmentally friendly alternatives. Consequently, educational laboratory furniture manufacturers capitalize on this consistent demand by providing educational institutions with the essential instruments to establish conducive learning environments.

Market segment insights

The Lab Furniture Market is segmented by product, which includes laboratory tables, laboratory seats and benches, laboratory desks and storage cabinets, pedestal laboratory furniture, laboratory IPS units, biological safety cabinets, fume hoods, and others.

Based on the material, the laboratory workstations are segmented into plastic, metal, stainless steel, wood, and other options.

The laboratory storage solutions segmentation is stratified by end user, including medical laboratories and schools and colleges.

Regional Perspectives

The market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World by region. In 2022, the North American lab furniture market held the largest market share. The presence of key manufacturers is the reason for North America's success. In 2022, North America held the largest market share at 41.00%. It is expected to grow at a compound annual growth rate (CAGR) of 4.73% over the forecast period to reach approximately USD 1,194.62 million by 2032.

The second-largest market share was held by the Europe Lab Furniture market, which was influenced by the increase in healthcare expenditure and the growing investment in research and development. Additionally, the Germany Laboratory Furniture provider is expected to maintain the largest market share, while the France Laboratory Furniture providers are anticipated to experience the quickest growth in the European region.

It is anticipated that the Asia-Pacific Laboratory Furniture market will experience the most rapid growth from 2024 to 2032. This is attributed to the presence of numerous research organizations, low manufacturing and labor costs, the development of healthcare infrastructure, and the rapid growth of technology. Additionally, China Laboratory Furniture accounted for the highest market share, while India Laboratory Furniture is anticipated to be the fastest-growing market in the Asia-Pacific region.

Major Players

Kewaunee International Group (US), Mott Manufacturing Ltd. (Canada), Lab Crafters (US), Air Master Systems Corp. (US), Hamilton Lab Solutions (US), LM Air Technology, Inc. (US), Genie Scientific (US), BMC, Inc. (US), CiF Lab Solutions LP (Canada), and WALDNER Holding SE & Co. KG (Germany) are among the key companies in the Laboratory Furniture market.

Product Code: MRFR/HC/20007-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 Data Mining Process
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 Secondary Research data flow:
3.5 PRIMARY RESEARCH:
- 3.5.1 Primary Research DATA FLOW:
- 3.5.2 Primary Research: Number of Interviews conducted
- 3.5.3 Primary Research: Regional Coverage
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 Revenue Analysis Approach
3.7 DATA FORECASTING
- 3.7.1 Data forecasting Technique
3.8 DATA MODELING
- 3.8.1 microeconomic factor analysis:
- 3.8.2 Data modeling:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 Rising Investment in Research and Development
- 4.2.2 Rise in the number of safety regulations
- 4.2.3 Government Funding for Schools and Colleges
4.3 RESTRAINTS
- 4.3.1 High initial investment
4.4 OPPORTUNITY
- 4.4.1 Rising Demand in Emerging Markets

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 R&D
- 5.1.2 Manufacturing
- 5.1.3 Distribution And Sales
- 5.1.4 Post-Sales Monitoring
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 Threat of New Entrants
- 5.2.2 Bargaining Power of Suppliers
- 5.2.3 Threat of Substitutes
- 5.2.4 Bargaining Power of Buyers
- 5.2.5 Intensity of Rivalry
5.3 IMPACT OF COVID-19 ON THE GLOBAL LABORATORY FURNITURE MARKET
- 5.3.1 impact on supply chain
- 5.3.2 IMPACT ON demand

6 GLOBAL LABORATORY FURNITURE MARKET, BY PRODUCT

6.1 OVERVIEW
- 6.1.1 Laboratory Tables
- 6.1.2 Laboratory Stools & Benches
- 6.1.3 Laboratory Desk & Storage Cabinets
- 6.1.4 Pedestal Laboratory Furniture
- 6.1.5 Laboratory IPS Units
- 6.1.6 Biological Safety Cabinets
- 6.1.7 Fume Hoods
- 6.1.8 Others

7 GLOBAL LABORATORY FURNITURE MARKET, BY MATERIAL

7.1 OVERVIEW
- 7.1.1 Plastic
- 7.1.2 Metal
- 7.1.3 Stainless Steel
- 7.1.4 Wood
- 7.1.5 Others

8 GLOBAL LABORATORY FURNITURE MARKET, BY END USER

8.1 OVERVIEW
- 8.1.1 School & Colleges Laboratory
- 8.1.2 Medical Laboratory

9 GLOBAL LABORATORY FURNITURE MARKET, BY DISTRIBUTION CHANNEL

9.1 OVERVIEW
- 9.1.1 Online Channels
- 9.1.2 Offline Channels

10 GLOBAL LABORATORY FURNITURE MARKET, BY REGION

10.1 OVERVIEW
10.2 NORTH AMERICA
- 10.2.1 US
- 10.2.2 Canada
10.3 EUROPE
- 10.3.1 GERMANY
- 10.3.2 FRANCE
- 10.3.3 UK
- 10.3.4 ITALY
- 10.3.5 SPAIN
- 10.3.6 REST OF EUROPE
10.4 ASIA-PACIFIC
- 10.4.1 China
- 10.4.2 india
- 10.4.3 Japan
- 10.4.4 Australia
- 10.4.5 South Korea
- 10.4.6 Rest of Asia
10.5 REST OF THE WORLD
- 10.5.1 Middle East & Africa
- 10.5.2 South America

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 MARKET SHARE ANALYSIS, 2022
11.3 COMPETITOR DASHBOARD
11.4 PUBLIC PLAYERS STOCK SUMMARY
11.5 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
11.6 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.6.1 Acquisition

12 COMPANY PROFILES

12.1 KEWAUNEE INTERNATIONAL GROUP
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGIES
12.2 MOTT MANUFACTURING LTD.
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 FINANCIAL OVERVIEW
- 12.2.3 PRODUCTS OFFERED
- 12.2.4 KEY DEVELOPMENTS
- 12.2.5 SWOT ANALYSIS
- 12.2.6 KEY STRATEGIES
12.3 LAB CRAFTERS
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 KEY STRATEGIES
12.4 AIR MASTER SYSTEMS, CORP.
- 12.4.1 COMPANY OVERVIEW
- 12.4.2 FINANCIAL OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGIES
12.5 HAMILTON LAB SOLUTIONS
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 FINANCIAL OVERVIEW
- 12.5.3 PRODUCTS OFFERED
- 12.5.4 KEY DEVELOPMENTS
- 12.5.5 KEY STRATEGIES
12.6 LM AIR TECHNOLOGY, INC
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 FINANCIAL OVERVIEW
- 12.6.3 PRODUCTS OFFERED
- 12.6.4 KEY DEVELOPMENTS
- 12.6.5 KEY STRATEGIES
12.7 GENIE SCIENTIFIC
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGIES
12.8 BMC, INC.
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 FINANCIAL OVERVIEW
- 12.8.3 PRODUCTS OFFERED
- 12.8.4 KEY DEVELOPMENTS
- 12.8.5 KEY STRATEGIES
12.9 CIF LAB SOLUTIONS LP
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 FINANCIAL OVERVIEW
- 12.9.3 PRODUCTS OFFERED
- 12.9.4 KEY DEVELOPMENTS
- 12.9.5 KEY STRATEGIES
12.10 WALDNER HOLDING SE & CO. KG
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 FINANCIAL OVERVIEW
- 12.10.3 PRODUCTS OFFERED
- 12.10.4 KEY DEVELOPMENTS
- 12.10.5 SWOT ANALYSIS
- 12.10.6 KEY STRATEGIES
12.11 BEDCOLAB
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 FINANCIAL OVERVIEW
- 12.11.3 PRODUCTS OFFERED
- 12.11.4 KEY DEVELOPMENTS
- 12.11.5 KEY STRATEGIES
12.12 LAB CRAFTERS
- 12.12.1 COMPANY OVERVIEW
- 12.12.2 FINANCIAL OVERVIEW
- 12.12.3 PRODUCTS OFFERED
- 12.12.4 KEY DEVELOPMENTS
- 12.12.5 KEY STRATEGIES
12.13 ONEPOINTE SOLUTIONS
- 12.13.1 COMPANY OVERVIEW
- 12.13.2 FINANCIAL OVERVIEW
- 12.13.3 PRODUCTS OFFERED
- 12.13.4 KEY DEVELOPMENTS
- 12.13.5 SWOT ANALYSIS
- 12.13.6 KEY STRATEGIES
12.14 FORMASPACE
- 12.14.1 COMPANY OVERVIEW
- 12.14.2 FINANCIAL OVERVIEW
- 12.14.3 PRODUCTS OFFERED
- 12.14.4 KEY DEVELOPMENTS
- 12.14.5 KEY STRATEGIES
12.15 HANSON LAB SOLUTIONS
- 12.15.1 COMPANY OVERVIEW
- 12.15.2 FINANCIAL OVERVIEW
- 12.15.3 PRODUCTS OFFERED
- 12.15.4 KEY DEVELOPMENTS
- 12.15.5 SWOT ANALYSIS
- 12.15.6 KEY STRATEGIES
12.16 DIVERSIFIED WOODCRAFTS, INC
- 12.16.1 COMPANY OVERVIEW
- 12.16.2 FINANCIAL OVERVIEW
- 12.16.3 PRODUCTS OFFERED
- 12.16.4 KEY DEVELOPMENTS
- 12.16.5 KEY STRATEGIES
12.17 ICISCIENTIFIC
- 12.17.1 COMPANY OVERVIEW
- 12.17.2 FINANCIAL OVERVIEW
- 12.17.3 PRODUCTS OFFERED
- 12.17.4 KEY DEVELOPMENTS
- 12.17.5 SWOT ANALYSIS
- 12.17.6 KEY STRATEGIES
12.18 A.T. VILLA, INC.
- 12.18.1 COMPANY OVERVIEW
- 12.18.2 FINANCIAL OVERVIEW
- 12.18.3 PRODUCTS OFFERED
- 12.18.4 KEY DEVELOPMENTS
- 12.18.5 KEY STRATEGIES
12.19 LEONARD PETERSON
- 12.19.1 COMPANY OVERVIEW
- 12.19.2 FINANCIAL OVERVIEW
- 12.19.3 PRODUCTS OFFERED
- 12.19.4 KEY DEVELOPMENTS
- 12.19.5 KEY STRATEGIES
12.20 THE BAKER COMPANY
- 12.20.1 COMPANY OVERVIEW
- 12.20.2 FINANCIAL OVERVIEW
- 12.20.3 PRODUCTS OFFERED
- 12.20.4 KEY DEVELOPMENTS
- 12.20.5 SWOT ANALYSIS
- 12.20.6 KEY STRATEGIES
12.21 NUAIRE, INC.
- 12.21.1 COMPANY OVERVIEW
- 12.21.2 FINANCIAL OVERVIEW
- 12.21.3 PRODUCTS OFFERED
- 12.21.4 KEY DEVELOPMENTS
- 12.21.5 SWOT ANALYSIS
- 12.21.6 KEY STRATEGIES
12.22 LABCONCO
- 12.22.1 COMPANY OVERVIEW
- 12.22.2 FINANCIAL OVERVIEW
- 12.22.3 PRODUCTS OFFERED
- 12.22.4 KEY DEVELOPMENTS
- 12.22.5 KEY STRATEGIES