Laboratory Furniture Market Research Report Information by Product (Laboratory Tables, Laboratory Stools & Benches, Laboratory Desk & Storage Cabinets, Pedestal Laboratory Furniture, Laboratory IPS Units, Biological Safety Cabinets, Fume Hoods, and Others), by Material (Plastic, Metal, Stainless Steel, Wood, and Others), by End User (School & Colleges Laboratory, and Medical Laboratory), and by Region (North America, Europe, Asia-Pacific, and Rest of the World - Forecast till 2032

Global Laboratory Furniture Market Overview

Laboratory Furniture Market size was valued at USD 1.92 billion in 2023. The Laboratory Furniture Market industry is projected to grow from USD 2.0 billion in 2024 to USD 2.92 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.30% during the forecast period (2024 - 2032).

The growth of the Laboratory Furniture market is attributed to the strategic initiatives to boost pharmaceutical R&D, rising investment in research and development, rise in number of safety regulations, and government funding for school and colleges.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Laboratory Furniture Market Trends

• government funding for schools and colleges fuels market growth

The Laboratory benches is significantly influenced by government funding for schools and colleges. This driver is crucial in shaping the demand for educational laboratory furniture. Government funding for educational institutions plays a pivotal role in driving the laboratory furniture market. As governments worldwide allocate resources to schools and colleges, they aim to provide students with modern and well-equipped laboratories for practical and research-based learning. This financial support directly impacts the demand for laboratory furniture tailored to educational settings. Moreover, government initiatives to enhance the quality of education and encourage research and innovation at the school and college levels contribute to increased funding for laboratory infrastructure. This, in turn, drives the demand for laboratory furniture that is both functional and safe, ensuring that students can engage in experiments and research activities effectively. The availability of government funding not only enables educational institutions to set up new laboratories but also to renovate existing ones. This often involves upgrading outdated furniture to modern, ergonomic, and environmentally friendly options. As a result, educational laboratory furniture manufacturers benefit from this steady demand, as they supply schools and colleges with the necessary equipment to create conducive learning environments.

Laboratory Furniture Market Segment Insights

Laboratory Furniture Product Insights

The Lab Furniture Market segmentation, based on product, includes laboratory tables, laboratory stools & benches, laboratory desk & storage cabinets, pedestal laboratory furniture, laboratory IPS units, biological safety cabinets, fume hoods, and others. The laboratory tables segment held the majority share in the market in 2022. Laboratory tables are essential components of laboratory furniture that serve as work surfaces for a variety of laboratory tasks. The availability of customizable options in laboratory tables enables researchers to tailor their workstation to specific needs, such as size, shape, material, and configuration. This flexibility boosts productivity and efficiency in laboratory operations.    

Laboratory Furniture Material Insights

The Laboratory workstations segmentation, based on material, includes plastic, metal, stainless steel, wood, & others. The metal segment held the largest market share in 2022, and stainless steel is the fastest-growing segment during the forecast period. Stainless steel, the most popular laboratory furniture material, is ideal for creating a clean and long-lasting laboratory workstation. Stainless steel is easy to sanitize because it has no pores, making contamination easier to eliminate.

Figure 2: Laboratory Furniture Market, by Material, 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Laboratory Furniture End User Insights

The Laboratory storage solutions segmentation, based on end user, includes school & colleges laboratory and medical laboratory. The medical laboratory segment held the largest market share in 2022, and school & colleges laboratory segment is the fastest-growing segment during the forecast period i.e., 2024-2032. The increased investment in research and development activities especially in countries like China and India and growing investment in laboratory infrastructure, creating opportunities for furniture manufacturers are the drivers helping the medical laboratory segment to grow.

The Laboratory storage solutions segmentation, based on distribution channel, includes offline channels and online channels. The offline channel segment held the largest market share in 2022, and online channel segment is the fastest-growing segment during the forecast period. Manufacturers are going digital and adopting aggressive marketing techniques to boost sales which is helping the online channel segment to propel. Furthermore, increasing adoption of digital technologies and growing e-commerce in the healthcare sector is further propelling the segment growth.

Laboratory Furniture Regional Insights

By Region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. The North America lab furniture market accounted for the largest market share in 2022. North America is attributed to the presence of major manufacturers. North America accounted for the largest market share of 41.00% in 2022 and is anticipated to reach approximately USD 1,194.62 million by 2032 at a 4.73% CAGR during the forecast period.

Further, the major countries will be study are US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: LABORATORY FURNITURE MARKET BY REGION 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Lab Furniture market accounted for the second-largest market share due to rising investment in research and development  and increased healthcare spending. Furthermore, the Germany Laboratory Furniture provider attributed to hold the largest market share, and the France Laboratory Furniture providers is projected be the fastest growing market in the Europe region.

The Asia-Pacific Laboratory Furniture market is expected to be the fastest growing from 2024 to 2032 due to the presence of many research organizations, low manufacturing cost, low labor cost, developing healthcare infrastructure, and rapid advancements in technology. Moreover, China Laboratory Furniture accounted to hold the largest market share, and the India Laboratory Furniture is projected to be the fastest growing market in the Asia-Pacific region.

Laboratory Furniture Key Market Players & Competitive Insights

The Laboratory Furniture Market is distinguished by the presence of numerous global, regional, and local players catering to laboratory furniture products that are evolving at a rapid pace. Furthermore, the rising investment in research and development, rise in the number of safety regulations, and government funding for schools and colleges are further driving the growth of the Laboratory Furniture Market during the forecast period. The major players have adopted a strategy of obtaining regulatory approval from government agencies for their products and signing contracts and agreements to broaden their reach and reduce operational costs.

Mott manufacturing ltd. designs and produces laboratory furniture and equipment for the industrial, pharmaceutical, educational, healthcare, and government industries. Mott places a high value on product design, the health and well-being of its customers and workers, the community, and the environment. Its teams have decades of combined expertise in drawing, designing, layout, budgeting and estimating, procurement, project planning, and installation, among other things.

Moreover, In June 2021, Mott Manufacturing (Canada) announced the acquisition of Saxton Bradley Inc.'s (SBI) lab furniture division. SBI has been a significant distributor of Mott's laboratory furniture and fume hoods throughout California, Washington, Oregon, Alaska, Hawaii, Nevada, Utah, Idaho, and western Montana for higher education, biotech/pharma, and government markets.

Key Companies in the Laboratory Furniture market includes.

• Kewaunee International Group (US)


• Mott manufacturing ltd. (Canada)


• Lab Crafters (US)


• Air Master Systems Corp (US)


• Hamilton Lab Solutions (US)


• LM Air Technology, Inc. (US)


• Genie Scientific (US)


• BMC, Inc. (US)


• CiF Lab Solutions LP (Canada)


• WALDNER Holding SE & Co. KG (Germany)

Laboratory Furniture Industry Developments

March 2023:WALDNER Holding SE & Co. KG (Germany) acquired Laboratory Systems Group Pty Ltd. (Australia) The strategy is to expand its customer base in Australia. As a result of the acquisition, customers in the area will benefit from the company's extensive product line and high-quality laboratory furniture solutions and products, and they will be able to rely on Australian-made service and quality.

Laboratory Furniture Market Segmentation

Laboratory Furniture Product Outlook

• Laboratory Tables


• Laboratory Stools & Benches


• Laboratory Desk & Storage Cabinets


• Pedestal Laboratory Furniture


• Laboratory IPS Units


• Biological Safety Cabinets


• Fume Hoods


• Others 

Laboratory Furniture Material Outlook

• Plastic


• Metal


• Stainless Steel


• Wood


• Others

Laboratory Furniture End User Outlook

• School & Colleges Laboratory


• Medical Laboratory

Laboratory Furniture Distribution Channel Outlook

• Offline Channels


• Online Channels

Laboratory Furniture Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America