Global Laboratory Furniture market will reach 3,534.7 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/20

The demand for adjustable furniture which provides comfort in working environment has been rising since last few years. Moreover, population across the globe has become aware about the ill effects caused by the poorly designed furniture especially on neck and back is likely to create positive impact on the global laboratory furniture market. Rising per capita income is another important factor which is expected to boost the growth of the market in the years to come.

However, the high cost of investment is the key factor which is hampering the growth of the global market during the projected period.

According to this report the global market for laboratory furniture attained the value of US$ 2,154.5 Mn in the year 2018. However, with a robust CAGR of 7.3% during the forecasted period, the market is expected to take a great leap and touch the value of US$ 3,534.7 Mn by 2025 end.

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