Sustainable Laboratory Plasticware Market Size to Hit USD 2.69 Billion by 2035 | Exclusive Report by Roots Analysis

The renewable / sustainable laboratory plasticware market size was valued at USD 0.47 billion in the current year and likely to hit USD 2.69 billion by 2035, growing at a CAGR of 19.0% during the forecast period.

Sustainable laboratory plasticware market is experiencing significant growth, owing to the rising demand for sustainable lab products, advancements in material science and rising regulatory pressure on laboratories to reduce their environmental impact. Stakeholders are actively working towards the development of novel eco-friendly laboratory plasticware with reduced costs in order to widen the consumer basis. In recent years, many organizations have expanded their portfolios to further advance the market. For instance, in 2024, Eppendorf has launched sustainable pipette racks made from biobased and recycled plastics, aiming to significantly reduce environmental impact and save over 166 tons of CO2 annually. In addition, Polycarbin entered into a collaboration with Labcon to broaden its closed-loop recycling solutions and develop low-carbon lab consumables.

The sustainable laboratory plasticware market is highly competitive, and in such a fragmented (competitive) market, possession of advanced capabilities and specialized expertise serves as an important differentiating factor. Thus, in order to meet the growing requirements of their clients and to improve their capabilities, several eco-friendly laboratory plasticware providers offer a wide range of novel and functional solutions to their clients and helps to maintain a long-term relationship with them, which are some of the key drivers anticipated to boost the market growth.

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By type of plastic, bioplastics segment is anticipated to capture the largest share of the global renewable / sustainable laboratory plasticware market- The large share of this market is mainly attributed to the fact that bioplastics are environmentally favorable characteristics, such as consuming 65% less energy compared to traditional petrol-based plastics. Further, our primary research also suggests that major industry players are engaged in developing bio-based labware. These companies have the necessary resources and expertise to bring their products to market quickly and efficiently.

By type of polymer, polypropylene is anticipated to capture the largest share of the global renewable / sustainable laboratory plasticware market- Polypropylene is regarded as a high-grade and valuable plastic, making it a preferred material for laboratory plasticware, owing to this polypropylene segment holds the largest share of the overall market. This trend is unlikely to change in the near future.

By type of plasticware, pipette tips are anticipated to capture the largest share of the global renewable / sustainable laboratory plasticware market- Pipette tips generate continuous revenue due to their frequent replenishment needs. Given the continuous demand, there has been significant innovation in sustainable pipette tips, including alternatives made from recyclable materials, as well as the development of reusable tips with efficient cleaning systems. These factors collectively contribute to its higher market share and this trend is unlikely to change in the future.

By end users, pharmaceutical and biotechnology companies are anticipated to capture the largest share of the global renewable / sustainable laboratory plasticware market- Given the fact that pharmaceutical and biotechnology companies have a strong foothold in the industry, with best-in-class gross margins, strong operating and profitability outlook, their revenues are expected to grow substantially as compared to other end-users.

Renewable / Sustainable Laboratory Plasticware Market - Regional Analysis- Europe is expected to dominate the renewable / sustainable laboratory plasticware market. In recent years, European players have been pioneering efforts in sustainable labware strategies, such as expansion of existing portfolio, partnerships with other industry players and stringent regulations related to plastic waste. In addition, European manufacturers are heavily investing in R&D to produce labware that are efficient as well as sustainable. This indicates that Europe plays a significant role in the global sustainable plastic labware market and underscores the need for companies to focus on this region in order to capitalize the growing demand for eco-friendly solutions.

Asia-Pacific is a key region for the renewable / sustainable laboratory plasticware market, with countries like China, Japan and India playing a central role. Further, it is anticipated that market in Asia-Pacific is likely to grow at a considerable rate as the sustainable lab plasticware in Asia-Pacific is highly favorable in terms of producing high-quality products for global markets.

Key Market Players
1. Corning
2. Diversified Biotech
3. Eppendorf
4. Green Elephant Biotech
5. Labcon
6. Polycarbin
7. QIAGEN
8. Thermo Fisher Scientific

Renewable / Sustainable Laboratory Plasticware Market - Key Segments

Renewable / Sustainable Laboratory Plasticware Market, by Type of Plastic
1. Bioplastics
2. Recycled Plastics
3. Other Plastics

Renewable / Sustainable Laboratory Plasticware Market, by Type of Polymer
1. Polyethylene
2. Polypropylene
3. Polystyrene
4. Other Polymers

Renewable / Sustainable Laboratory Plasticware Market, by Type of Plasticware
1. Pipette Tips
2. Plates
3. Racks
4. Tubes
5. Other Plasticwares

Renewable / Sustainable Laboratory Plasticware Market, by End User
1. Academic and Research Institutes
2. Clinical and Environmental Testing Laboratories
3. Pharmaceutical / Biotechnology Companies
4. Other End Users

Renewable / Sustainable Laboratory Plasticware Market, by Geography
1. North America
2. Europe
3. Asia-Pacific
4. Latin America
5. Middle East and North Africa

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Contact Details
Gaurav Chaudhary
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Email: Gaurav.chaudhary@rootsanalysis.com or sales@rootsanalysis.com
Website: https://www.rootsanalysis.com

About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serve our clients in the best possible way.

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