The global laboratory sieve shaker market plays an integral role in particle separation and analysis across industries such as pharmaceutical, chemical, mining, agriculture, and food & beverage. A laboratory sieve shaker is an analytical instrument that mechanically shakes sieves stacked in a multi-tiered nest to separate particle mixtures based on particle size. It uniformly distributes the particles across the surface area of the sieves to enhance separation efficiency. Laboratory sieve shakers are ideal for analyzing particle size distribution of powders, granules, and other particulate mixtures during quality control assessments. Their affordable prices and multifunctional capabilities have triggered adoption across small and medium scale operations.
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. Key players focus on introducing innovative product features to meet industry-specific application demands. For instance, specifications such as speed variation, variable timer settings, and touchscreen controls have accelerated their usage in pharmaceutical solid dosage development.
Growing demand from industries such as chemicals, mining, food, and agriculture is driving the market. Rapid industrialization and infrastructure development activities in emerging nations of Asia Pacific and Latin America have fuelled material characterization and quality assessment requirements. This has positively impacted the sales of laboratory sieve shakers.
Global expansion strategies of key players have also propelled market growth. Leading companies are focusing on geographies with increasing R&D investments through acquisitions, partnerships, and direct sales channels to solidify their geographic presence. For example, in 2022, Fritsch GmbH set up a new subsidiary in India to leverage the high market potential.
Market drivers
Stringent regulatory protocols regarding particle size distribution analysis across industries is a key market driver. Regulatory bodies extensively monitor the sieve analysis reports submitted by manufacturing companies to ensure product safety and performance. This has increased reliance on laboratory sieve shakers for regular quality check processes. Furthermore, rising R&D investments into developing advanced material formulations have also stimulated laboratory testing demand over the assessment period.
Impact of geopolitical situation on the growth of Laboratory Sieve Shaker Market
The Russia-Ukraine conflict is negatively impacting the growth of the global Laboratory Sieve Shaker market. Both Russia and Ukraine are prominent suppliers of raw materials used in manufacturing Laboratory Sieve Shakers such as stainless steel, aluminum, and electronic components. The ongoing war has disrupted supply chains and logistics, resulting in Raw material shortage and price fluctuations. This is hampering the production activities of Laboratory Sieve Shaker manufacturers globally. The conflict has also led to economic sanctions against Russia by Western countries, reducing export opportunities for manufacturers located in Europe and America. High inflation caused by rising energy costs is reducing the purchasing power of research laboratories and pharmaceutical companies in major markets. All of these factors are collectively slowing down the adoption of new Laboratory Sieve Shakers and impeding the market growth during the forecast period.
Geographical regions where the Laboratory Sieve Shaker market is concentrated in terms of value
North America led the Laboratory Sieve Shaker market share in 2021, accounting for over 30% of the global market revenue. This was attributed to presence of large number of pharmaceutical and biotech companies conducting R&D activities in countries like United States and Canada. Europe was the second largest regional market, driven by extensive research spending by governments and private organizations across countries including Germany, UK and France. The Asia Pacific market is projected to surpass Europe by 2029, led by China, India and Japan. Significant investments in life science infrastructure and expansion of domestic pharmaceutical industries are fueling the adoption of Laboratory Sieve Shakers in Asia Pacific region.
Fastest growing region for the Laboratory Sieve Shaker market
Central and Eastern Europe region is poised to exhibit strongest growth trajectory during 2024-2030. This exponential growth can be attributed to ongoing initiatives by governments to develop life science industry clusters and bolster research capability in countries including Poland, Czech Republic, Hungary and Austria. In addition, expansion of pharma MNCs in these emerging pharma hubs to leverage low-cost manufacturing environments is driving purchases of new analytical instruments like Laboratory Sieve Shakers in Central and Eastern European region. Major global pharma companies are partnering with regional universities and healthcare systems to establish R&D facilities, which is accelerating equipment procurement. Overall macroeconomic stability and cost advantage is prompting companies to realign production networks, contributing to fastest growth of Laboratory Sieve Shaker market in Central and Eastern Europe.
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