Product Code: ETC029267 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Laboratory Glassware market currently, in 2023, has witnessed an HHI of 2676, Which has increased moderately as compared to the HHI of 2602 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Singapore laboratory glassware market is expected to register substantial growth during the forecast period 2020-2026. Laboratory glassware is considered as one of the most important tools used in laboratories for various experiments and research purposes. Glassware includes several pieces of equipment such as beakers, flasks, pipettes, bottles, funnels, and other items made from glass or plastic. The growing demand for laboratory equipment in pharmaceuticals sector coupled with the rising number of research & development activities are some of the key factors that are driving the growth of this market in Singapore. Additionally, increasing government initiatives towards advancing medical science and healthcare services along with rapid technological advancements will further boost market growth over the coming years.
Growing Pharmaceutical Industry: The pharmaceutical industry plays a significant role in fueling economic development by providing employment opportunities and promoting exports throughout Singapore economy. This has led to an increase in demand for lab instruments such as laboratory glassware which is used extensively across several industries especially within R&D departments and analysis laboratories associated with drug production processes.Technological Advancements: Constant technological advancements have resulted into improved efficiency leading to more accurate results while conducting various tests using laboratory instruments including glasses ware products thereby aiding its usage among researchers across different sectors both on a large and small scale basis thus influencing its sales positively over time.
High Cost Associated With Lab Instruments Such As Laboratory Glasswares: Buying lab instruments can be expensive because they require specialized knowledge which leads to higher costs than buying any regular product off-the-shelf due to their complexity involved when handling them correctly without damaging it making it difficult for customers on a budget who don???t necessarily have access to bulk purchases that offer discounts resulting in high prices being charged per unit making them unaffordable often times even when needed
Some major players operating within Singapore Laboratory Glassware Market include Merck Millipore (Germany), Corning Incorporated (US), Thermo Fisher.
The COVID-19 pandemic has disrupted businesses worldwide due to widespread lockdowns imposed by governments around various regions affecting global trade significantly causing reduced transportation between countries hampering logistics involved leading into supply chain disruptions particularly related industrial materials like laboratory grade glasswares primarily manufactured overseas whose delivery was affected drastically due to flight bans issued bringing shipments virtually at standstill impacting revenues negatively.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Laboratory Glassware Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Laboratory Glassware Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Laboratory Glassware Market - Industry Life Cycle |
3.4 Singapore Laboratory Glassware Market - Porter's Five Forces |
3.5 Singapore Laboratory Glassware Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Singapore Laboratory Glassware Market Revenues & Volume Share, By End-users, 2020 & 2030F |
4 Singapore Laboratory Glassware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Laboratory Glassware Market Trends |
6 Singapore Laboratory Glassware Market, By Types |
6.1 Singapore Laboratory Glassware Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Laboratory Glassware Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Singapore Laboratory Glassware Market Revenues & Volume, By Pipettes and Pipette Tips, 2020-2030F |
6.1.4 Singapore Laboratory Glassware Market Revenues & Volume, By Burettes, 2020-2030F |
6.1.5 Singapore Laboratory Glassware Market Revenues & Volume, By Storage Containers, 2020-2030F |
6.1.6 Singapore Laboratory Glassware Market Revenues & Volume, By Beakers, 2020-2030F |
6.1.7 Singapore Laboratory Glassware Market Revenues & Volume, By Flasks, 2020-2030F |
6.1.8 Singapore Laboratory Glassware Market Revenues & Volume, By Petri Dishes, 2020-2030F |
6.2 Singapore Laboratory Glassware Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Singapore Laboratory Glassware Market Revenues & Volume, By Research and Academic Institutes, 2020-2030F |
6.2.3 Singapore Laboratory Glassware Market Revenues & Volume, By Hospitals and Diagnostic Centers, 2020-2030F |
6.2.4 Singapore Laboratory Glassware Market Revenues & Volume, By Pharmaceutical and Biotechnology Industries, 2020-2030F |
6.2.5 Singapore Laboratory Glassware Market Revenues & Volume, By Contract Research Organizations, 2020-2030F |
6.2.6 Singapore Laboratory Glassware Market Revenues & Volume, By Food and Beverage Industry, 2020-2030F |
6.2.7 Singapore Laboratory Glassware Market Revenues & Volume, By Othe, 2020-2030F |
7 Singapore Laboratory Glassware Market Import-Export Trade Statistics |
7.1 Singapore Laboratory Glassware Market Export to Major Countries |
7.2 Singapore Laboratory Glassware Market Imports from Major Countries |
8 Singapore Laboratory Glassware Market Key Performance Indicators |
9 Singapore Laboratory Glassware Market - Opportunity Assessment |
9.1 Singapore Laboratory Glassware Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Singapore Laboratory Glassware Market Opportunity Assessment, By End-users, 2020 & 2030F |
10 Singapore Laboratory Glassware Market - Competitive Landscape |
10.1 Singapore Laboratory Glassware Market Revenue Share, By Companies, 2023 |
10.2 Singapore Laboratory Glassware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |