Classified in: Covid-19 virus
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) -
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Bellco Glass, Inc.
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BRAND Scientific Equipment Pvt., Ltd.
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Camlab Ltd.
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Citotest Labware Mfg. Co., Ltd.
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Crystalgen Inc.
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Edu-Lab Limited
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Elkay Laboratory Products (UK) Ltd.
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Eppendorf AG
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Kimble Chase Life Science and Research Products LLC
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Medline Scientific Ltd.
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Pathtech Pty Ltd.
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Reagecon Diagnostics Limited
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SKS Science Products
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Spectrum Chemical Manufacturing Corporation
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STARLAB International GmbH
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Thermo Fisher Scientific, Inc.
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Vitlab GmbH
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WHEATON
What's New for 2022?
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Global competitiveness and key competitor percentage market shares
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Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Online interactive peer-to-peer collaborative bespoke updates
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Access to digital archives and a Research Platform
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Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
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Influencer Market Insights
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World Market Trajectories
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Impact of Covid-19 and a Looming Global Recession
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Lab Consumables - Global Key Competitors Percentage Market Share in 2022 (E)
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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
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