logo
logo
Sign in

Laboratory Sieve Shaker Market is Anticipated to Witness High Growth Owing to Rising Demand in Pharmaceutical Industry

avatar
ashwini bakhade
Laboratory Sieve Shaker Market is Anticipated to Witness High Growth Owing to Rising Demand in Pharmaceutical Industry

A laboratory sieve shaker is used to screen analytical samples in various particle size ranges in research, development, quality control and production applications. It is an important tool used in chemical, food, mining and building material industries to separate particles of different sizes based on their mesh or aperture size. The sieves can be stacked in a sieve shaker in a descending order of their mesh size. This helps in separating components into different size fractions in an efficient manner. The growing pharmaceutical industry is expected to drive the demand for laboratory sieve shakers owing to their widespread usage in quality checks of raw materials and finished drugs.


The Global Laboratory Sieve Shaker Market is estimated to be valued at US$ 4.04 Bn in 2024 and is expected to exhibit a CAGR of 12% over the forecast period 2024 to 2031.


Key Takeaways


Key players operating in the laboratory sieve shaker are L'Oréal,Estée Lauder Companies,Procter & Gamble,Shiseido,Beiersdorf,Coty,Unilever,Avon Products,Johnson & Johnson,Natura & Co. These players are focusing on new product launches and geographical expansion to strengthen their market position.


The growing pharmaceutical industry in emerging nations of Asia Pacific and Latin America provides numerous opportunities for laboratory equipment manufacturers to expand their operations in these untapped markets. Government initiatives to promote domestic manufacturing of drugs and chemicals will also aid the market growth.


Key players are expanding their presence across global markets through acquisitions of regional players and establishing manufacturing and distribution networks. For instance, in 2020, Avantor acquired Masterflex to expand its product portfolio and better serve the biopharma industry.


Market drivers:

- Growing Laboratory sieve shakers Market Size  industry worldwide driven by rising healthcare spending is a key factor driving the demand for laboratory sieve shakers from R&D and quality check applications.

- Increasing stringent regulatory norms regarding purity levels of pharmaceutical ingredients and trace detection capabilities are also propelling the sieve shaker market.


Market restraints:

- High initial investments and maintenance costs associated with advanced sieve shakers can hamper its adoption by small laboratories and companies.

- Availability of alternative techniques like centrifugal sedimentation for particle separation acts as a restraint for the sieve shaker market.


Segment Analysis

The Laboratory Sieve Shaker Market can be segmented into Two Motion Sieve Shaker and Circular Sieve Shaker. The Circular Sieve Shaker segment is currently dominating due to its advanced technology which enables faster sieving process. It provides circular motion which helps attain uniform and complete sieving, even for the finest powders and granules. This segment is expected to continue its dominance during the forecast period.


Global Analysis

North America region leads the global Laboratory Sieve Shaker Market and it accounts for around 35% of total market share. This owes to the presence of large pharmaceutical and research institutions in the US and Canada which requires extensive testing of samples. Asia Pacific is expected to emerge as the fastest growing regional market during the forecast years. Countries like China, India and South Korea are witnessing rapid industrialization which will propel research activities in various sectors and boost demand for laboratory equipment. Furthermore, improving healthcare infrastructure and rising investments by government and private players in R&D sector will drive the APAC Laboratory Sieve Shaker Market.


Get more insights on This Topic- Laboratory Sieve Shaker Market

collect
0
avatar
ashwini bakhade
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more