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Global Laboratory Rack Market to grow at a CAGR of 4.3% during the period 2016-2020

Press release   •   Jul 25, 2016 08:17 EDT

About the Laboratory Rack Market

A laboratory rack is a type of laboratory consumable that is used to temporarily store or hold sample handling labware such as test tubes, petri dishes, bottles, and slides. In addition, laboratory racks are used for drying labware and other laboratory utensils, and are also called drying racks. Another common type of laboratory rack is a freezer or cryogenic rack that is used to store test tubes or microcentrifuge tubes in freezers.

Technavios analysts forecast the Global Laboratory Rack Market to grow at a CAGR of 4.3% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global laboratory rack market for 2016-2020. The market size was calculated from revenue generated from the sales of laboratory racks by market vendors in the following categories.

Tube racks

Bottle racks


The market is divided into the following segments based on geography:





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Technavio's report, Global Laboratory Rack Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Dynalon Labware

Global Scientific

Heathrow Scientific

Bel-Art Products-SP Scienceware

Thermo Fisher Scientific

Other prominent vendors



Argos Technologies

Bio Plas






Grant Instruments




United Scientific Supplies


Market driver

Rising R&D expenditure

For a full, detailed list, view our report

Market challenge

Insufficient scope for innovation

For a full, detailed list, view our report

Market trend

Increasing level of customization

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?