Product Code: ETC029445 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand laboratory furniture market is projected to reach USD 10.9 million by 2031, growing at a CAGR of 6.3% during the forecast period. The increasing demand for advanced laboratory products and services from universities and research institutes are driving the growth of Thailand laboratory furniture market. Moreover, rising investments in R&D activities are also expected to fuel the market for laboratory furniture in this region over the next few years.
Thailand has seen increased investment in research and development activities across different industries such as pharmaceuticals, biotechnology, healthcare etc., which has resulted in an increase in demand for advanced laboratory solutions such as equipment and furniture. This is expected to drive growth of Thailand lab equipment market over the forecast period. The growing use of automated laboratory equipment is another major factor driving growth of Thailand lab furniture market over the forecast period 2025-2031 due to its ability reduce human errors while improving accuracy & precision related tasks along with faster data collection capability compared to manual processes.. Additionally, these systems help reduce operational costs associated with manual labor making them more attractive among end users such as academic and research institutions leading to increased adoption rate over recent years that will propel growth of Thailand lab furniture industry during this period .
The high cost associated with purchasing new sets or replacing outdated ones remains one major challenge facing vendors operating within this space due to limited budgetary allocations among end user segments such as educational/research institutes primarily those situated outside urban areas where funds remain very scarce limiting their potential revenue opportunities despite increasing focus on investing into modernizing laboratories through installation & replacement services offered by established local companies .
The COVID-19 pandemic had negatively impacted almost all sectors globally including Thailand Lab Furniture Market due disruption caused by nationwide lockdowns imposed since March 2025, resulting significant decline revenues across involved stakeholders however situation gradually improved after partial lifting restrictions allowing some sectors partially operate thus fueling optimism about gradual recovery post Q2 2025 however long term impact still uncertain owing multiple unknown factors like nature virus spread throughout country drastically affecting economic landscape hence hampering any foreseeable near future prospects amongst concerned players operating within respective domain .
Major players operating in the Thailand laboratory furniture market include Syscom Technology Co., Ltd., Daelim Labtech Co., Ltd., Prima Engineering Company Limited, Hock Tong Bee Pte. Ltd., Plus Laboratory Group Co.,Ltd, NAFEN LABORATORY FURNITURE CO LTD, LABIVENTURES PTE LTD, MDKI Furniture System & Solutions Co Ltd. These companies are focusing on product launches and introducing new technologies such as 3D printing technology along with innovations in designs and materials used for lab furniture production which will help them gain more customer interest.
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 Thailand Laboratory Furniture Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Laboratory Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Laboratory Furniture Market - Industry Life Cycle |
3.4 Thailand Laboratory Furniture Market - Porter's Five Forces |
3.5 Thailand Laboratory Furniture Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Laboratory Furniture Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Laboratory Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Laboratory Furniture Market Trends |
6 Thailand Laboratory Furniture Market, By Types |
6.1 Thailand Laboratory Furniture Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Laboratory Furniture Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Laboratory Furniture Market Revenues & Volume, By Lab Bench, 2021-2031F |
6.1.4 Thailand Laboratory Furniture Market Revenues & Volume, By Lab Cabinet, 2021-2031F |
6.1.5 Thailand Laboratory Furniture Market Revenues & Volume, By Fume Hood, 2021-2031F |
6.1.6 Thailand Laboratory Furniture Market Revenues & Volume, By Stool, 2021-2031F |
6.1.7 Thailand Laboratory Furniture Market Revenues & Volume, By Accessories, 2021-2031F |
6.2 Thailand Laboratory Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Laboratory Furniture Market Revenues & Volume, By Education, 2021-2031F |
6.2.3 Thailand Laboratory Furniture Market Revenues & Volume, By Government, 2021-2031F |
6.2.4 Thailand Laboratory Furniture Market Revenues & Volume, By Industry, 2021-2031F |
6.2.5 Thailand Laboratory Furniture Market Revenues & Volume, By Research, 2021-2031F |
6.2.6 Thailand Laboratory Furniture Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
7 Thailand Laboratory Furniture Market Import-Export Trade Statistics |
7.1 Thailand Laboratory Furniture Market Export to Major Countries |
7.2 Thailand Laboratory Furniture Market Imports from Major Countries |
8 Thailand Laboratory Furniture Market Key Performance Indicators |
9 Thailand Laboratory Furniture Market - Opportunity Assessment |
9.1 Thailand Laboratory Furniture Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Laboratory Furniture Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Laboratory Furniture Market - Competitive Landscape |
10.1 Thailand Laboratory Furniture Market Revenue Share, By Companies, 2024 |
10.2 Thailand Laboratory Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |