Global Cleanroom Consumables Market |
The global Cleanroom Consumables Market is estimated to be valued at US$ 10919.28 Mn in 2023 and is expected
to exhibit a CAGR of 5.8% over the
forecast period 2023 to 2030, as highlighted in a new report published by
Coherent Market Insights.
Market Overview:
Cleanroom consumables refer to products that provide protection and control
against contamination during manufacturing processes in regulated environments
such as hospitals and biopharmaceutical manufacturing facilities. These
consumables include coveralls, face masks, gloves, wipes, and cleaning agents
that help maintain stringent hygienic and sterile conditions for research and
production of sterile drugs and medical devices. Growing prevalence of
infectious diseases and increasing demand for aseptic drug manufacturing and
medical devices are major factors fueling demand for cleanroom consumables
globally.
Market key trends:
One of the key trends driving growth of the cleanroom consumables market is
growing adoption of disposable protective clothing which reduces risks of
contamination. Disposable protective clothing made of materials such as
polyethylene, polypropylene, and polyester provides a more effective barrier
against particulate and liquid contaminants compared to reusable garments.
Moreover, disposable garments eliminate needs for laundering, reduces costs
associated with maintenance of reusable garments, and lowers risks of
cross-contamination, thereby gaining increasing preference over reusable
protective gear in pharmaceutical and medical industries.
Porter’s Analysis:
Threat of new entrants: The threat of new entrants in the cleanroom consumables
is moderate. High capital requirements for manufacturing and distribution
channels pose entry barriers.
Bargaining power of buyers: The bargaining power of buyers is high due to the
availability of various product alternatives. Buyers can negotiate on price and
demand value-added services from suppliers.
Bargaining power of suppliers: The bargaining power of suppliers is moderate.
Leading suppliers have control over raw material prices and terms of delivery.
Threat of new substitutes: The threat of new substitutes is low as cleanroom
consumables have limited substitutes. Products from different suppliers comply
with industry quality standards.
Competitive rivalry: Competition in the cleanroom consumables market is high
among global and regional players. Companies differentiate through product
quality, testing certifications, and service offerings.
Key Takeaways:
The Global
Cleanroom Consumables Market is expected to witness high growth,
exhibiting CAGR of 5.8% over the
forecast period, due to increasing regulations regarding hygiene in the
healthcare and pharmaceutical industries.
Regional analysis: North America dominates the cleanroom consumables market,
owing to stringent regulatory norms regarding hygiene in healthcare and life
sciences industries in the region. Asia Pacific is expected to grow at the
fastest pace during the forecast period, led by expanding pharmaceutical
production in India and China.
Key players: Key players operating in the cleanroom consumables market are
Berkshire Corporation, Kimberly-Clark Corporation, Contec, Inc., DuPont, Ansell
Ltd., Illinois Tool Works Inc., Thermo Fisher Scientific Inc., Valutek Inc.,
Steris, Avantor, Inc., and KM Purely. Berkshire Corporation specializes in
cleanroom wiping products, work surface protection, and apparel.
Read More: https://www.trendingwebwire.com/cleanroom-consumables-market-size/