Product Code: ETC029265 | 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 Glassware market currently, in 2023, has witnessed an HHI of 1398, Which has decreased slightly as compared to the HHI of 1634 in 2017. The market is moving towards highly competitive. 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 laboratory glassware market in Thailand is expected to register a healthy CAGR of 6.1% during the forecast period (2025-2031). The growth of this market is mainly attributed to increasing investments for research and development activities, rising demand for technologically advanced lab equipment from educational, government & private organizations, rising number of biopharmaceutical drugs due to the availability of high-end technologies such as chromatography and spectroscopy, and growing healthcare expenditure. Additionally, governments??? initiatives taken by various countries around the world to promote R&D activities are further supporting the growth of the market. However, lack of technical expertise among end users will restrain the growth rate during 2025-2031.
Governments across various countries have been investing significantly in research & development activities over past few years which has led to an increased focus toward advancements in medical technology including drug discovery processes that require lab instruments along with specialized glassware products like reaction vessels etc., thus propelling their demand globally. This factor is anticipated to drive significant revenue through laboratory glassware sales across Thailand over coming six years. With increasing industrialization levels and favorable governmental policies encouraging technological advancement through higher education institutes as well as government funded organisations there has been rapid increase in procurement of modern day laboratory equipment including glassware products such as test tubes flasks etc., leading to strong sales opportunities existing within Thailand context over next few years. Healthcare expenditure across Thailand has seen tremendous rise since past decade due especially primary access being made easily available throughout rural parts thereby driving massive surge in revenues associated with healthcare industry thus directly impacting upon sale volumes concerning laboratory related products that include glasswares used extensively within hospitals and clinics alike contributing towards overall expansion prospects prevailing throughout its duration till 2031.
One major issue inhibiting smooth adoption rates concerning Laboratory Glasswares within Thailand relates primarily with limited knowledge base present among consumer segment regarding usage requirements necessitated while handling these instruments which can potentially lead towards malfunctioning or other safety issues arising due its improper usage restraining consequently potential revenue generation avenues from such product type resulting into negative impact upon overall landscape until 2031 .
The Thailand laboratory glassware market is expected to witness significant growth during the forecast period. This can be attributed to the increasing demand for advanced laboratory solutions such as chromatography, spectroscopy, etc., in research and academic institutes across the country. Moreover, government initiatives related to medical research and development are further propelling the market growth. The COVID-19 pandemic has also led to an increase in demand for lab equipment from pharmaceutical companies working on vaccines or treatments for the virus, thus driving up sales of laboratory glassware products in Thailand.
Major players operating in this space include Corning Incorporated (NYSE: GLW), Thermo Fisher Scientific (NYSE: TMO), Merck KGaA (ETR: MRK), Agilent Technologies (NYSE: A), Becton Dickinson & Company (NYSE: BDX), DWK Life Sciences GmbH & Co KG., Schott AG, Simsii Inc., Kimble Chase LLC., Sigma-Aldrich Corporation Ltd., and VWR International LLC. These companies focus on product innovation through R&D investments and strategic partnerships with universities/research institutes so as to gain a competitive advantage over their peers.
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 Glassware Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Laboratory Glassware Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Laboratory Glassware Market - Industry Life Cycle |
3.4 Thailand Laboratory Glassware Market - Porter's Five Forces |
3.5 Thailand Laboratory Glassware Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Laboratory Glassware Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Thailand Laboratory Glassware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Laboratory Glassware Market Trends |
6 Thailand Laboratory Glassware Market, By Types |
6.1 Thailand Laboratory Glassware Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Laboratory Glassware Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Laboratory Glassware Market Revenues & Volume, By Pipettes and Pipette Tips, 2021-2031F |
6.1.4 Thailand Laboratory Glassware Market Revenues & Volume, By Burettes, 2021-2031F |
6.1.5 Thailand Laboratory Glassware Market Revenues & Volume, By Storage Containers, 2021-2031F |
6.1.6 Thailand Laboratory Glassware Market Revenues & Volume, By Beakers, 2021-2031F |
6.1.7 Thailand Laboratory Glassware Market Revenues & Volume, By Flasks, 2021-2031F |
6.1.8 Thailand Laboratory Glassware Market Revenues & Volume, By Petri Dishes, 2021-2031F |
6.2 Thailand Laboratory Glassware Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Thailand Laboratory Glassware Market Revenues & Volume, By Research and Academic Institutes, 2021-2031F |
6.2.3 Thailand Laboratory Glassware Market Revenues & Volume, By Hospitals and Diagnostic Centers, 2021-2031F |
6.2.4 Thailand Laboratory Glassware Market Revenues & Volume, By Pharmaceutical and Biotechnology Industries, 2021-2031F |
6.2.5 Thailand Laboratory Glassware Market Revenues & Volume, By Contract Research Organizations, 2021-2031F |
6.2.6 Thailand Laboratory Glassware Market Revenues & Volume, By Food and Beverage Industry, 2021-2031F |
6.2.7 Thailand Laboratory Glassware Market Revenues & Volume, By Othe, 2021-2031F |
7 Thailand Laboratory Glassware Market Import-Export Trade Statistics |
7.1 Thailand Laboratory Glassware Market Export to Major Countries |
7.2 Thailand Laboratory Glassware Market Imports from Major Countries |
8 Thailand Laboratory Glassware Market Key Performance Indicators |
9 Thailand Laboratory Glassware Market - Opportunity Assessment |
9.1 Thailand Laboratory Glassware Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Laboratory Glassware Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Thailand Laboratory Glassware Market - Competitive Landscape |
10.1 Thailand Laboratory Glassware Market Revenue Share, By Companies, 2024 |
10.2 Thailand Laboratory Glassware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |