Enjoy complimentary customisation on priority with our Enterprise License!
The cleanroom storage cabinet market size is estimated to grow at a CAGR of 7.73% between 2023 and 2028. The market size is forecast to increase by USD 334.85 million. The growth of the market depends on several factors rising investments in the healthcare industry, growth of defense and aerospace sector globally, and adoption of modular cleanrooms. Our report examines historic data from 2018-2022, besides analyzing the current market scenario.
This report extensively covers market segmentation by end-user (medical, semiconductor, and others), type (stainless steel and plastic), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.
Cleanroom Storage Cabinet Market Forecast 2024-2028
To learn more about this report, Request Free Sample
Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
The healthcare industry is one of the fastest-growing industries globally and is expected to expand considerably during the forecast period. The healthcare industry comprises different medical fields, including hospitals, pharmaceuticals, biotechnology, and life sciences. Cleanrooms are an important part of the healthcare industry to maintain a contaminant-free environment while manufacturing drugs and medical devices. The increasing emphasis on improving the medical care and treatment available to the public is expected to have a positive impact on investments in cleanrooms in the healthcare industry. The rapidly ageing population and widespread prevalence of diseases have been aiding the growth of the healthcare industry. Since all medicines are manufactured within cleanrooms, the demand for new medicines and increased spending on generic drugs will drive the need for cleanrooms.
In addition, cleanrooms allow the pharmaceutical and biotechnology industry to ensure a minimum standard in product quality to protect the safety of the end-user. Therefore, the rising demand for drugs is expected to attract investments in new and capacity expansion projects in the healthcare industry, which should consequently propel the demand for cleanroom storage cabinets. Hence, owing to these factors, the global cleanroom storage cabinet market is expected to witness growth during the forecast period.
There has been an increase in the adoption of diagnostic medical devices in the pharmaceutical industry. These medical devices offer therapeutic benefits and are used to measure or monitor the functions of the human body. These medical devices are designed to diagnose and treat patients and make significant contributions to improving the health of people. Hospitals use medical technology such as magnetic resonance imaging (MRI), robotic prosthetic limbs, and artificial organs for better diagnosis and improved patient care.
However, as medical devices are manufactured in controlled environments, the increase in the use of medical devices will result in increased application and, hence, increased demand for cleanrooms and supplies such as cleanroom storage cabinets. This is expected to drive the growth of the global cleanroom storage cabinet market during the forecast period.
There has been a rise in the deployment of robot arms in cleanroom applications across industries. These robot arms have been developed by Danish manufacturer Universal Robots, UR3, UR5, and UR10, for use in ISO class 6 cleanrooms in compliance with ISO standard 14644-1. They are currently being used in controlled environments, which is likely to pave the way for robots in industrial applications. Moreover, the cleanrooms that are used in the food industry are also likely to deploy robot arms. Robot arms are used in cleanroom applications to produce microchips and semiconductors. These robot arms are supplied in a controller box, which requires modifications and can be used in ISO 6 clean rooms.
Consequently, with the increase in the use of robot arms, the cleanroom storage cabinet is likely to be replaced by robot arms. The automation of operations in various end-user industries, such as medical, semiconductors, and automotive, will have a negative impact on the demand for cleanroom storage cabinets. Hence, owing to the negative impact of the cleanroom materials, the growth of the global cleanroom storage cabinet market is expected to witness growth during the forecast period.
The market share growth of the medical segment will be significant during the forecast period. The medical segment includes various sub-segments, such as pharmaceuticals, biotechnology, medical devices, life sciences, and hospitals. Cleanroom storage cabinet manufacturers regard this segment as one of the most formidable areas of application. The increase in the use of cleanrooms in the medical industry globally, coupled with the industry's need for high-quality solutions worldwide, will drive the demand for cleanroom storage cabinets.
Get a Customised Report as per your requirements for FREE!\
The medical segment was valued at USD 251.55 million in 2018. The global medical industry is witnessing a robust growth trend, both in terms of production, as well as consumption. The growth in spending on biotechnology, pharmaceuticals, and medical technologies is projected to follow an upward trend due to increasing demand. For instance, due to the global growth of the medical industry, cleanrooms will be used for various operations, such as the manufacturing and testing of drugs. As these activities are driven by the need for a contamination-free environment and personnel, the overall medical industry will spur the demand for cleanroom storage cabinets, thereby driving the growth of the global cleanroom storage cabinet market during the forecast period.
Based on type, the market has been segmented into stainless steel and plastic. The stainless steel segment will account for the largest share of this segment.? Stainless steel's remarkable qualities and adaptability have made it a prominent material type segment in the global cleanroom storage cabinet market. Moreover, the long-term dependability of stainless steel cabinets makes them an economical option for sectors where durability, sterility, and accuracy are crucial, contributing to their market domination, which, in turn, will be a driving factor for the growth of the global cleanroom storage cabinet market during the forecast period.
For more insights on the market share of various regions View PDF Sample now!
APAC is estimated to contribute 45% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. APAC dominates the global cleanroom storage cabinet market due to its booming semiconductor and electronics fabrication and medical industries. Most semiconductor foundries are concentrated in APAC, especially in countries such as Taiwan, China, Japan, and South Korea. These countries host some of the world's biggest semiconductor companies and foundries, which contribute considerably to the global cleanroom storage cabinet market. APAC is also the fastest-growing market for electronic devices, fueled by the rapid economic growth and adoption of technology, which is prompting fabs to expand their manufacturing capacity to meet the growing demand for electronic chips.
In addition, APAC is home to an established automotive industry as well as a growing food processing industry, where the adoption of cleanrooms is steadily increasing. The food processing industry in the region is mainly export-driven, and the demand for cleanrooms stems from food packaging and preserving it for transportation to other countries. Both the automotive and food processing cleanroom markets are currently dominated by China. However, the market in India is expected to witness the fastest growth during the forecast period.
The outbreak of the COVID-19 pandemic impacted the sales of various end-users, such as automotive, food processing, and aerospace. However, the introduction of COVID-19 vaccination drives in 2021 aided in the regional market's recovery because the distribution of the vaccine necessitated strict storage conditions, which increased demand for specialized cabinets. The regional market is expected to grow during the forecast period due to several factors, such as the expanding pharmaceutical industry, the expansion of healthcare infrastructure, and the continued growth of the semiconductor sector in the region. These factors will drive the need for contamination-free storage solutions, and the growing emphasis on research and development across various end-user industries, such as medical, healthcare, and automotive, will also drive the expansion of the regional cleanroom storage cabinet market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ACMAS Technologies Pvt. Ltd. - The company offers cleanroom storage cabinets such as Weiber cleanroom storage cabinets which are equipped with a blower and a HEPA filter in a fully contained enclosure constructed of SS 304 sheets, which will not shed particles or contaminate the environment of clean room.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
ACMAS Technologies Pvt. Ltd., Bionics Scientific Technologies Pvt. Ltd., Bosio Metal Specialties Inc, Clean Air Products, Clean Room Depot Inc., Clean Rooms International Inc., Cleatech LLC, GMP Technical Solutions Pvt. Ltd., McLennan and Company Filing and Storage Systems Ltd., MRC Systems FZE, Om industries, Palbam AC Ltd., Pure Labs Ltd, Reytek Corp., Sam products Pvt ltd., Stericox India Pvt. Ltd., Takasago Thermal Engineering Co., Ltd., TDI International Inc., Technical Air Products, and Terra Universal Inc.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The cleanroom storage cabinet market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Cleanroom Storage Cabinet Market Scope |
|
Report Coverage |
Details |
Page number |
158 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.73% |
Market Growth 2024-2028 |
USD 334.85 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
7.47 |
Regional analysis |
APAC, North America, Europe, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 45% |
Key countries |
US, China, Japan, South Korea, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ACMAS Technologies Pvt. Ltd., Bionics Scientific Technologies Pvt. Ltd., Bosio Metal Specialties Inc, Clean Air Products, Clean Room Depot Inc., Clean Rooms International Inc., Cleatech LLC, GMP Technical Solutions Pvt. Ltd., McLennan and Company Filing and Storage Systems Ltd., MRC Systems FZE, Om industries, Palbam AC Ltd., Pure Labs Ltd, Reytek Corp., Sam products Pvt ltd., Stericox India Pvt. Ltd., Takasago Thermal Engineering Co., Ltd., TDI International Inc., Technical Air Products, and Terra Universal Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.