May 24, 2024

Laboratory Sieve Shaker Market Is Estimated To Witness High Growth Owing To Increased Adoption In Quality Control Laboratories

Laboratory sieve shakers are used for separating mixtures containing particles of different sizes into uniform groups suited for a range of laboratory applications. They help segregate items like minerals, chemicals, soil aggregates, and other construction materials. Laboratory sieve shakers offer advantages like speed, precision, safety and reproducibility compared to manual sieving. They facilitate efficient particle size analysis which is important for quality control processes across industries like mining, construction, chemicals, etc.

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 2030.

Key Takeaways

Key players operating in the laboratory sieve shaker market are L’Oréal,Estée Lauder Companies,Procter & Gamble,Shiseido,Beiersdorf,Coty,Unilever,Avon Products,Johnson & Johnson,Natura & Co. The automation and digitization of quality control processes presents significant opportunities for laboratory sieve shaker manufacturers to integrate advanced technologies in their products. Growing foreign investment in mining and construction sectors across developing regions such as Asia Pacific and Latin America is fueling the expansion of the global laboratory sieve shaker market.

Market drivers

The increased adoption of laboratory sieve shakers in quality control laboratories across industries is a key growth driver for this market. They enhance the efficiency and accuracy of particle size analysis which iscritical for R&D, production and quality inspection applications. Stringent regulatory standards regarding the particle size of materials used in pharmaceuticals, chemicals and food processing are also propelling the demand for laboratory sieve shakers. Laboratory automation and focus on developing smart shakers integrated with connectivity solutions are expected to further support the market growth over the forecast period.

PEST Analysis

Political: Government standards and regulations regarding laboratory equipment and chemicals in different regions.

Economic: Changes in global and regional economic conditions affecting the research and development budgets of institutions and companies.

Social: Developments in research areas like pharmaceuticals, life sciences, food testing requiring advanced laboratory equipment.

Technological: Advances in materials, sensor technologies, touch screens, connectivity and data analytics enabling smart laboratory devices.

Market Concentration by Geographical Regions

North America accounts for the largest share of the global Laboratory Sieve Shaker Market both in terms of value and volume. This can be attributed to high R&D spending and stringent purity and accuracy standards in industries like pharmaceuticals and chemicals. The presence of major players and availability of latest products further bolsters market growth in the region.

Fastest Growing Regional Market

Asia Pacific is projected to witness the fastest growth during the forecast period due to increasing investments by governments and companies in life sciences research. Rapid economy development, growing middle class and stringent quality controls particularly in China, India and Southeast Asian countries are fueling the demand for sophisticated analytical instruments in the region. Government initiatives to promote local manufacturing also encourage technology transfers to Asia Pacific.

Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it