The global laboratory furniture market has been witnessing steady growth, driven by increasing demand from various sectors such as clinical, research, educational, and industrial laboratories. Laboratory furniture plays a crucial role in providing ergonomic and safe workspaces for laboratory professionals. The market is characterized by ongoing technological advancements, the adoption of modular furniture, and increasing regulatory requirements.

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Market Size and Growth

The global laboratory furniture market was valued at US$ 930.6 million in 2021 and is projected to reach US$ 1.81 billion by 2031, expanding at a CAGR of 6.3% from 2022 to 2031. The steady growth is attributed to increased laboratory establishments, rising safety regulations, and advancements in ergonomic and sustainable furniture designs.

Market Segmentation

The laboratory furniture market is segmented based on:

• Product Type: Benches, cabinets, forensic cabinets, apparel dispensers, carts, chemical cabinets, and drawers.

• Material: Metal, wood, stainless steel, polypropylene.

• End-user: Clinical and medical laboratories, research institutions, educational institutions, industrial laboratories.

• Region: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Regional Analysis

Europe dominates the market due to the significant rise in clinical and diagnostic laboratories post-COVID-19, along with strong medical infrastructure.

Asia Pacific is expected to witness the highest growth rate due to rapid industrialization, government funding for educational institutions, and expanding healthcare facilities.

North America holds a substantial share owing to technological innovations and stringent safety regulations.

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Competitive Landscape

Key players operating in the global laboratory furniture market are FRIATEC GmbH, GE Healthcare Services, Kewaunee Scientific, LOC Scientific, MERCI, s.r.o, Mott Manufacturing Ltd., PSA Laboratory Furniture LLC, Symbiote, Thermofisher Scientific, and WALDNER Group.

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