COVID-19 Impact Analysis on Laboratory Glassware and Plasticware Market during Q1 of 2021| Expected to reach USD 853 Million by 2025|Technavio

NEW YORK, April 16, 2021 /PRNewswire/ --

The laboratory glassware and plasticware market is expected to grow by USD 853 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the laboratory glassware and plasticware market in optimistic, probable, and pessimistic forecast scenarios.

Enterprises will go through the Response, Recovery, and Renew phases. 

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The laboratory glassware and plasticware market will witness a positive impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.

With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.

This post-pandemic business planning research will aid clients to:

• Adjust their strategic planning to move ahead once business stability kicks in.
• Build Resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.

Download the Post-Pandemic Business Planning Structure

Key Considerations for Market Forecast:

• Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
• Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
• Pre- as well as post-COVID-19 market estimates
• Quarterly impact analysis and updates on market estimates

Related Report on Healthcare Include:

Global General Laboratory Equipment Market - Global general laboratory equipment market is segmented by product (instruments and equipment and laboratory consumables), end-user (pharmaceutical, healthcare, academic, industrial, and others), and geography (North America, Europe, APAC, South America, and MEA). 
Exclusive Free Sample Report

Global Laboratory Centrifuge Market - Global laboratory centrifuge market is segmented by product (benchtop centrifuges and floor standing centrifuges) and geography (North America, Europe, Asia, and ROW). 
Exclusive Free Sample Report

Major Three Laboratory Glassware And Plasticware Market Participants:

Borosil Glass Works Ltd.

The company offers glassware such as beakers, test tubes, bottles, volumetric and round bottom flasks, pipettes, burettes, petri dishes, cylinders, and desiccators.

Corning Inc.

Through the PYREX Brand, the company offers special glassware made from type 1, class A low expansion borosilicate glass. The glassware is designed for use in both life science and chemical laboratories.

DWK Life Sciences GmbH

Through the WHEATON brand, the company offers precision glasswares and plasticware such as ampules and vacuoles, plastic bottles, desiccators, flasks, microtubes, pipettes, and racks.

Report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown: 
https://www.technavio.com/report/laboratory-glassware-and-plasticware-market-industry-analysis

Laboratory Glassware and Plasticware Market 2021-2025: Segmentation

Laboratory glassware and plasticware market is segmented as below:

• Product
• Glassware
• Plasticware
• End-user
• Research Institutes
• Clinical Diagnostic Centers
• Academic Institutes
• Geography
• North America
• Europe
• Asia
• ROW

The laboratory glassware and plasticware market is driven by the increasing adoption of disposable plasticware. In addition, the availability of barcode feature in labware is expected to trigger the laboratory glassware and plasticware market toward witnessing a CAGR of almost 4% during the forecast period.

More insights about the global trends impacting the future of laboratory glassware and plasticware market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR40832

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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