The Worldwide Lab Consumables Industry is Projected to Reach $17.6 Billion by 2027 - ResearchAndMarkets.com

The "Lab Consumables: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Lab Consumables estimated at US$12.6 Billion in the year 2020, is projected to reach a revised size of US$17.6 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027.

Pharmaceuticals, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Research Organizations & Institutes segment is readjusted to a revised 4.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 7.9% CAGR

The Lab Consumables market in the U.S. is estimated at US$3.4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.4 Billion by the year 2027.

Other End-Uses Segment to Record 4% CAGR

In the global Other End-Uses segment, USA, Canada, Japan, China and Europe will drive the 4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1 Billion in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Latin America will expand at a 4.3% CAGR through the analysis period.

Select Competitors (Total 43 Featured) -

• Bellco Glass, Inc.
• BRAND Scientific Equipment Pvt., Ltd.
• Camlab Ltd.
• Citotest Labware Mfg. Co., Ltd.
• Crystalgen Inc.
• Edu-Lab Limited
• Elkay Laboratory Products (UK) Ltd.
• Eppendorf AG
• Kimble Chase Life Science and Research Products LLC
• Medline Scientific Ltd.
• Pathtech Pty Ltd.
• Reagecon Diagnostics Limited
• SKS Science Products
• Spectrum Chemical Manufacturing Corporation
• STARLAB International GmbH
• Thermo Fisher Scientific, Inc.
• Vitlab GmbH
• WHEATON

What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and a Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• Impact of Covid-19 and a Looming Global Recession
• Lab Consumables - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/8w6ubd