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Laboratory Sieve Shaker Market To Generate Lucrative Growth Opportunities Owing To Increasing Demand In Pharmaceutical Industry

Pooja Khodke
Laboratory Sieve Shaker Market To Generate Lucrative Growth Opportunities Owing To Increasing Demand In Pharmaceutical Industry

Market Overview

A laboratory sieve shaker is a mechanical device used to separate particles or mixtures according to their size or shape by the means of sieving. It consists of sieves with different size meshes and it shakes the sample over the sieves, so that the different particles fall into different sieves based on their size. Laboratory sieve shakers are used across various end use applications including construction, mining, chemical, pharmaceutical, and other industries. They help efficiently separate solids according to their size for further analysis or processing. The growing pharmaceutical industry and need for accurate particle size separation is expected to drive the demand for laboratory sieve shakers.

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 growing demand from end use industries like pharmaceuticals, chemicals is expected to drive the laboratory sieve shaker market during the forecast period. Technological advancements in laboratory sieve shakers like automatic timer controlled shaking functions, direct powder dispersion, multi-layer sieves are helping users efficiently separate particles according to their size.

Market Trends

Miniaturization of laboratory equipments is a key trend seen in the market. Manufacturers are developing miniature sieve shakers that occupy less space but have similar or higher separation efficiency. Another major trend is the development of digital laboratory sieve shakers which have touch screen controls, preset shaking patterns and storage of analysis reports. They provide convenience to users for efficient particle separation.

Market Opportunities

The increasing demand from emerging economies of Asia Pacific and Latin America due to growth in pharmaceutical and construction industries provides huge opportunities for laboratory sieve shaker manufacturers. Also, development of portable and battery powered sieve shakers expands the end use of these devices for field applications, providing new growth opportunities.

Impact of COVID-19 on Laboratory Sieve Shaker Market Growth

The COVID-19 pandemic impacted the Laboratory Sieve Shaker market growth significantly. During the onset of the pandemic in early 2020, most industries and their manufacturing facilities were temporarily shut down, thereby disrupting the supply chains. Laboratory testing activities also declined drastically due to lockdowns imposed worldwide. However, with the rising research and testing activities to contain the virus and ensure public health and safety, the demand for laboratory equipment including sieve shakers started improving from mid-2020. The pharmaceutical and biotech industries increased their R&D investments to develop vaccines and treatment options for COVID-19, boosting the sales of laboratory instruments. Though disruptions persisted in 2020, the market is anticipated to recover steadily in 2021 and beyond as more countries relax restrictions while maintaining necessary safety protocols. Going forward, development of new drug candidates and growing diagnostics sector will bolster the growth trajectory of the Laboratory Sieve Shaker Market over the forecast period.

Geographical Regions with Highest Laboratory Sieve Shaker Market Value

North America dominated the Laboratory Sieve Shaker Market in terms of value in 2024 due to well-established pharmaceutical and biotechnology industries in the US and Canada. Extensive research activities along with stringent regulations regarding product quality and testing drove the demand. Europe holds the second largest share on account of focus on healthcare standards. Asia Pacific is projected as the fastest growing regional market between 2024 to 2030 led by China and India. This growth can be attributed to increasing investments by governments and private players in the healthcare and life sciences sectors of emerging economies in the region.

Fastest Growing Regional Market for Laboratory Sieve Shaker

Asia Pacific region is projected to witness the fastest growth in the Laboratory Sieve Shaker Market during the forecast period. Rapid economic development and rising consumer disposable income have boosted healthcare expenditures across Asia Pacific. Also, favorable government policies and initiatives to strengthen pharmaceutical and biologics production are supporting infrastructural investments in the region's laboratory facilities. Countries like China, India, Japan and South Korea are anticipated to majorly drive the regional market due to growing R&D activities of pharmaceutical companies. Rising incidence of chronic diseases along with increasing focus on generics and biosimilars will further propel the demand for laboratory equipment including sieve shakers in Asia Pacific. Lower manufacturing and labor costs make this an attractive investment hub, attracting global players as well.

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Pooja Khodke
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