Market Overview:
The global lab cryogenic and freezer boxes market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these boxes from biotechnology companies, pharmaceutical companies, research institutions, and others. In addition, the growing awareness about the benefits of using these boxes is also contributing to the growth of this market. The global lab cryogenic and freezer boxes market can be segmented on the basis of type into polycarbonate, polypropylene, fiberboard, cardboard, and others. On the basis of application, this market can be segmented into biotechnology companies, pharmaceutical companies research institutions,, and others. Geographically speaking,, North America is expected to lead this market duringthe forecast period followed by Europe Asia Pacific , Latin America ,and Middle East & Africa . Someof thee key players operating inthismarket include Thermo Fisher Scientific Inc., Brooks Automation Inc., Plano Molding Company LLC., Cryopak Industries LLC.
Product Definition:
Cryogenic and freezer boxes are used to store laboratory samples at very low temperatures. The importance of these boxes is that they maintain the temperature of the samples, which can be important for preserving their integrity.
Polycarbonate:
Polycarbonate (PC) is a thermoplastic polymer, which contains carbon and hydrogen. It has properties such as high chemical resistance, low water absorption, high strength and rigidity. Polycarbonates are used in the manufacturing of lab cryogenic & freezer boxes due to its excellent thermal insulation property that helps in keeping the temperature difference between the interior and exterior at a minimum level.
Polypropylene:
Polypropylene (PP) is a thermoplastic polymer that is produced from propylene oxide through catalytic dehydrogenation. It has high chemical and mechanical properties, such as low melting point, resistance to acids and bases, high heat distortion temperature, excellent impact strength & flexural modulus and good electrical insulation. PP can be recycled several times without losing its physical or chemical properties.
Application Insights:
The pharmaceutical companies segment dominated the global lab cryogenic and freezer boxes market in terms of revenue share in 2017. The growth can be attributed to the increasing demand for specialty medicines that are manufactured using biopharmaceutical manufacturing processes. These involve a number of biologicals, such as proteins, DNA & RNA molecules and hormones.
Cryogenics is used for storing blood samples, tissue samples (for histology), vaccines (inactivated & live) and drugs (active & inactive). Thus, these products are widely used by various organizations including government laboratories; research institutes; colleges/universities; hospitals etc., which require a large volume of frozen or chilled storage at relatively low cost.
Global lab cryogenic.
Regional Analysis:
North America dominated the global market in 2017. The U.S.-based companies are undertaking strategic initiatives to reduce their reliance on China for manufacturing and assembly of components, which is expected to drive regional demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the coming years owing to increasing investments by pharmaceutical and biotechnology companies in this region for production facilities as well as R&D centers. Japan has a long history of collaboration with North American firms, resulting in high penetration of cryogenic equipment used for storage and preservation purposes at research laboratories across Tokyo’s universities, medical schools, national hospitals & institutes as well as industrial parks housing various manufacturing facilities including automotive component manufacturers and electronics manufacturers located around Tokyo area.
Growth Factors:
- Increasing demand for frozen food products: The global frozen food market is projected to grow at a CAGR of 5.4% from 2017 to 2022, reaching a value of USD 191.5 billion by 2022. This growth can be attributed to the increasing demand for convenience foods and the rising number of working women across the world. As more people are becoming aware of the health benefits of frozen food, they are inclining towards purchasing these products over fresh food items.
- Technological advancements in cryogenic storage systems: Cryogenic storage systems have undergone significant technological advancements in recent years, with manufacturers introducing new features such as data logging and alarm systems that help store temperature-sensitive materials safely and securely. These advancements are likely to drive the growth of the Lab Cryogenic and Freezer Boxes market in coming years as more businesses adopt these technologies for their cryogenic storage needs.
- global pharmaceutical R&D spending was estimated at USD 139 billion, up from USD 131 billion in 2015 – an increase of 6%. This trend is likely to continue in future, resulting in increased demand for Lab Cryogenic Boxes used for storing laboratory samples during drug development processes..
Scope Of The Report
Report Attributes
Report Details
Report Title
Lab Cryogenic and Freezer Boxes Market Research Report
By Type
Polycarbonate, Polypropylene, Fiberboard, Cardboard, Others
By Application
Biotechnology Companies, Pharmaceutical Companies, Research Institutions, Others
By Companies
Corning, Globe Scientific, Heathrow Scientific, Thermo Fisher Scientific, VWR International, Greiner Bio-One International GmbH, DWK Life Sciences, Argos Technologies, Capp, Eppendorf, Corning, Biosigma SpA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Lab Cryogenic and Freezer Boxes Market Report Segments:
The global Lab Cryogenic and Freezer Boxes market is segmented on the basis of:
Types
Polycarbonate, Polypropylene, Fiberboard, Cardboard, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Biotechnology Companies, Pharmaceutical Companies, Research Institutions, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Corning
- Globe Scientific
- Heathrow Scientific
- Thermo Fisher Scientific
- VWR International
- Greiner Bio-One International GmbH
- DWK Life Sciences
- Argos Technologies
- Capp
- Eppendorf
- Corning
- Biosigma SpA
Highlights of The Lab Cryogenic and Freezer Boxes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polycarbonate
- Polypropylene
- Fiberboard
- Cardboard
- Others
- By Application:
- Biotechnology Companies
- Pharmaceutical Companies
- Research Institutions
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lab Cryogenic and Freezer Boxes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lab Cryogenic and Freezer Boxes are specialized containers used in laboratories to store samples at very low temperatures.
Some of the major players in the lab cryogenic and freezer boxes market are Corning, Globe Scientific, Heathrow Scientific, Thermo Fisher Scientific, VWR International, Greiner Bio-One International GmbH, DWK Life Sciences, Argos Technologies, Capp, Eppendorf, Corning, Biosigma SpA.
The lab cryogenic and freezer boxes market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lab Cryogenic and Freezer Boxes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Lab Cryogenic and Freezer Boxes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lab Cryogenic and Freezer Boxes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Lab Cryogenic and Freezer Boxes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Lab Cryogenic and Freezer Boxes Market Size & Forecast, 2018-2028 4.5.1 Lab Cryogenic and Freezer Boxes Market Size and Y-o-Y Growth 4.5.2 Lab Cryogenic and Freezer Boxes Market Absolute $ Opportunity
Chapter 5 Global Lab Cryogenic and Freezer Boxes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lab Cryogenic and Freezer Boxes Market Size Forecast by Type
5.2.1 Polycarbonate
5.2.2 Polypropylene
5.2.3 Fiberboard
5.2.4 Cardboard
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lab Cryogenic and Freezer Boxes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lab Cryogenic and Freezer Boxes Market Size Forecast by Applications
6.2.1 Biotechnology Companies
6.2.2 Pharmaceutical Companies
6.2.3 Research Institutions
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lab Cryogenic and Freezer Boxes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lab Cryogenic and Freezer Boxes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lab Cryogenic and Freezer Boxes Analysis and Forecast
9.1 Introduction
9.2 North America Lab Cryogenic and Freezer Boxes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lab Cryogenic and Freezer Boxes Market Size Forecast by Type
9.6.1 Polycarbonate
9.6.2 Polypropylene
9.6.3 Fiberboard
9.6.4 Cardboard
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lab Cryogenic and Freezer Boxes Market Size Forecast by Applications
9.10.1 Biotechnology Companies
9.10.2 Pharmaceutical Companies
9.10.3 Research Institutions
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lab Cryogenic and Freezer Boxes Analysis and Forecast
10.1 Introduction
10.2 Europe Lab Cryogenic and Freezer Boxes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lab Cryogenic and Freezer Boxes Market Size Forecast by Type
10.6.1 Polycarbonate
10.6.2 Polypropylene
10.6.3 Fiberboard
10.6.4 Cardboard
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lab Cryogenic and Freezer Boxes Market Size Forecast by Applications
10.10.1 Biotechnology Companies
10.10.2 Pharmaceutical Companies
10.10.3 Research Institutions
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lab Cryogenic and Freezer Boxes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lab Cryogenic and Freezer Boxes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lab Cryogenic and Freezer Boxes Market Size Forecast by Type
11.6.1 Polycarbonate
11.6.2 Polypropylene
11.6.3 Fiberboard
11.6.4 Cardboard
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lab Cryogenic and Freezer Boxes Market Size Forecast by Applications
11.10.1 Biotechnology Companies
11.10.2 Pharmaceutical Companies
11.10.3 Research Institutions
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lab Cryogenic and Freezer Boxes Analysis and Forecast
12.1 Introduction
12.2 Latin America Lab Cryogenic and Freezer Boxes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lab Cryogenic and Freezer Boxes Market Size Forecast by Type
12.6.1 Polycarbonate
12.6.2 Polypropylene
12.6.3 Fiberboard
12.6.4 Cardboard
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lab Cryogenic and Freezer Boxes Market Size Forecast by Applications
12.10.1 Biotechnology Companies
12.10.2 Pharmaceutical Companies
12.10.3 Research Institutions
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lab Cryogenic and Freezer Boxes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lab Cryogenic and Freezer Boxes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lab Cryogenic and Freezer Boxes Market Size Forecast by Type
13.6.1 Polycarbonate
13.6.2 Polypropylene
13.6.3 Fiberboard
13.6.4 Cardboard
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lab Cryogenic and Freezer Boxes Market Size Forecast by Applications
13.10.1 Biotechnology Companies
13.10.2 Pharmaceutical Companies
13.10.3 Research Institutions
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lab Cryogenic and Freezer Boxes Market: Competitive Dashboard
14.2 Global Lab Cryogenic and Freezer Boxes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Corning
14.3.2 Globe Scientific
14.3.3 Heathrow Scientific
14.3.4 Thermo Fisher Scientific
14.3.5 VWR International
14.3.6 Greiner Bio-One International GmbH
14.3.7 DWK Life Sciences
14.3.8 Argos Technologies
14.3.9 Capp
14.3.10 Eppendorf
14.3.11 Corning
14.3.12 Biosigma SpA