Laboratory Consumables Primary Packaging Market by Product and Geography - Forecast and Analysis 2022-2026

The laboratory consumables primary packaging market share is expected to increase by USD 1.53 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.3%.

This laboratory consumables primary packaging market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers laboratory consumables primary packaging market segmentation by product (tubes, petri dishes, beakers, flasks, and other products) and geography (APAC, North America, Europe, South America, and Middle East and Africa). The laboratory consumables primary packaging market report also offers information on several market vendors, including Becton Dickinson and Co., Bellco Glass Inc., Berlin Packaging LLC, Borosil Ltd., BRAND GmbH and Co. KG, Chemglass Inc., Citotest Labware Manufacturing Co.Ltd., CoorsTek Inc., Corning Inc., DELTALAB SL, DWK Life Sciences GmbH, Eppendorf AG, Gerresheimer AG, Gilson Co. Inc., Mettler Toledo International Inc., Poulten and Graf GmbH, Savillex Corp., Thermo Fisher Scientific Inc., VITLAB GmbH, and XRF Scientific Ltd. among others.

What will the Laboratory Consumables Primary Packaging Market Size be During the Forecast Period?

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Laboratory Consumables Primary Packaging Market: Key Drivers, Trends, and Challenges

The increasing R&D activities in the healthcare industry is notably driving the laboratory consumables primary packaging market growth, although factors such as environmental concerns associated with improper disposal of plastic labware may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the laboratory consumables primary packaging industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Laboratory Consumables Primary Packaging Market Driver

• The increasing R&D activities in the healthcare industry is one of the key drivers fueling the laboratory consumables primary packaging market growth.
• In 2020, the rising number of COVID-19 cases fueled the demand for the development of drugs and vaccines to treat patients, which increased research activities across the world. 
• This increasing research is increasing the demand for laboratory consumables primary packaging products among pharmaceutical and biotechnology companies and research institutes engaged in drug development for various purposes.
• The prevalence of infectious diseases, such as coronavirus, Monkeypox, and others has been increasing significantly across the world. In view of this, pharmaceutical companies and research and academic institutes are focusing on research activities to develop various therapeutic drugs. Such research activities involve the use of laboratory consumables primary packaging products, which in turn, will drive market growth during the forecast period.

Key Laboratory Consumables Primary Packaging Market Trend

• Growing demand for distribution through online channels is one of the key laboratory consumables primary packaging market trends propelling the market growth.
• The growth in online marketing activities enabled the manufacturers of laboratory consumables primary packaging products to offer easy access to end-users, including research laboratories, academic institutes, and others.
• The online platforms help vendors to enhance and strengthen their customer base easily across the globe. Moreover, online retailers also provide offers and discounts on such products to attract end-users. 
• The factors such as the ease of purchasing products, easy returns, and the chance to procure the product within a short period are fueling the sales of certain laboratory consumables primary packaging products. This is expected to propel market growth in the coming years.

Key Laboratory Consumables Primary Packaging Market Challenge

• The environmental concerns associated with improper disposal of plastic labware is one of the key factors limiting the laboratory consumables primary packaging market growth.
• The adoption of laboratory consumables primary packaging products has increased significantly over the years, owing to the increasing demand for various laboratory activities. 
• Laboratory consumables primary packaging products contaminated with biologically hazardous materials or exposed to radioactive substances may have a huge impact on the environment while disposed of. Moreover, indiscriminate disposal of such laboratory consumables primary packaging products may contaminate the environment.
• Laboratory consumables primary packaging products that are made of glass have chances of breaking and may spill harmful chemicals on the surface, which may harm the individuals who come in contact. The broken glassware and plasticware may cause sharp-inflicted injuries if not disposed of properly in the trash. Such factors may limit the market growth during the forecast period.

This laboratory consumables primary packaging market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global laboratory consumables primary packaging market as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the laboratory consumables primary packaging market during the forecast period.

Who are the Major Laboratory Consumables Primary Packaging Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Becton Dickinson and Co.
• Bellco Glass Inc.
• Berlin Packaging LLC
• Borosil Ltd.
• BRAND GmbH and Co. KG
• Chemglass Inc.
• Citotest Labware Manufacturing Co.Ltd.
• CoorsTek Inc.
• Corning Inc.
• DELTALAB SL
• DWK Life Sciences GmbH
• Eppendorf AG
• Gerresheimer AG
• Gilson Co. Inc.
• Mettler Toledo International Inc.
• Poulten and Graf GmbH
• Savillex Corp.
• Thermo Fisher Scientific Inc.
• VITLAB GmbH
• XRF Scientific Ltd.

 

This statistical study of the laboratory consumables primary packaging market encompasses successful business strategies deployed by the key vendors. The laboratory consumables primary packaging market is fragmented and the vendors are deploying growth strategies such as quality, brand, and reliability to compete in the market.

Product Insights and News

• Becton Dickinson and Co. - The BD medical segment offers a range of medication delivery solutions, medication management solutions, diabetes care, and pharmaceutical systems. 
• Becton Dickinson and Co. - The company offers vacutainer blood collection tubes which are designed for research use applications. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The laboratory consumables primary packaging market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Laboratory Consumables Primary Packaging Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the laboratory consumables primary packaging market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Laboratory Consumables Primary Packaging Market?

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43% of the market’s growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for laboratory consumables primary packaging market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growing incidence of infectious and chronic diseases will facilitate the laboratory consumables primary packaging market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The rising incidence of COVID-19 in APAC increased the demand for various diagnostic procedures and the development of new drugs and thereby positively impacting the regional market. Additionally, there is a growing demand for environmental monitoring as well as a requirement for quality testing among food processing industries and a rise in consumer awareness regarding the consumption of contaminant-free food and beverages. These factors will drive market growth during the forecast period.

What are the Revenue-generating Product Segments in the Laboratory Consumables Primary Packaging Market?

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The laboratory consumables primary packaging market share growth by the tubes segment will be significant during the forecast period. Tubes are made of either glass or plastic with an open top and U-shaped bottom. They are used by pharmaceutical and biotechnology companies, research laboratories, diagnostic laboratories, and chemical companies for performing various analytical testing procedures. Thus, the increasing number of academic institutes, rapid growth in the number of chemical manufacturers, and increasing availability of a wide range of tubes are the major factors contributing to the growth of the tubes segment of the global laboratory consumables primary packaging market in the coming years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the laboratory consumables primary packaging market size and actionable market insights on post COVID-19 impact on each segment.

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Laboratory Consumables Primary Packaging Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.3%
Market growth 2022-2026	$ 1.53 billion
Market structure	Fragmented
YoY growth (%)	3.74
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 43%
Key consumer countries	US, China, India, Japan, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Becton Dickinson and Co., Bellco Glass Inc., Berlin Packaging LLC, Borosil Ltd., BRAND GmbH and Co. KG, Chemglass Inc., Citotest Labware Manufacturing Co.Ltd., CoorsTek Inc., Corning Inc., DELTALAB SL, DWK Life Sciences GmbH, Eppendorf AG, Gerresheimer AG, Gilson Co. Inc., Mettler Toledo International Inc., Poulten and Graf GmbH, Savillex Corp., Thermo Fisher Scientific Inc., VITLAB GmbH, and XRF Scientific Ltd.
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 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.

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What are the Key Data Covered in this Laboratory Consumables Primary Packaging Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive laboratory consumables primary packaging market growth during the next five years
• Precise estimation of the laboratory consumables primary packaging market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the laboratory consumables primary packaging industry across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of laboratory consumables primary packaging market vendors

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