South Korea Laboratory Hoods and Enclosure Market to 2032
Overview
The South Korea Laboratory Hoods and Enclosure Market is expected to reach a 29.77 USD Billion by 2032 and is projected to grow at a CAGR of 14.89% from 2025 to 2032.
Revenue, 2024 (USD Billion)
14.37
Forecast, 2032 (USD Billion)
29.77
CAGR, 2024 - 2032
14.89%
Report Coverage
South Korea
South Korea Laboratory Hoods and Enclosure Market 2018-2032 USD Billion
South Korea Laboratory Hoods and Enclosure Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 14.37 USD Billion
- Projected Market Size (2032): 29.77 USD Billion
- CAGR (2025-2032): 14.89%
Key Findings of South Korea Laboratory Hoods and Enclosure Market
- The South Korea Laboratory Hoods and Enclosure Market was valued at 14.37 USD Billion in 2024.
- The South Korea Laboratory Hoods and Enclosure Market is likely to grow at a CAGR of 14.89% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Stainless steel in Material Segment accounted for the largest share of the market with a revenue of 11.25 USD Billion
- The fastest growing segment Pharmaceutical Companies in End User Segment grew Fastest with a CAGR of 17.13% during the forecast period from 2024 to 2032.
South Korea Laboratory Hoods and Enclosure Market Scope
South Korea Laboratory Hoods and Enclosure Market Segmentation & Scope
Product
- Ventilated Balance Enclosures (VBES)
- Enclosures
- Others
- Laminar Flow Cabinets
- Biological Safety Cabinets
- Hoods
Modularity
- Portable
- Benchtop
Material
- Others
- PVC
- Stainless steel
End User
- Others
- Academic Centers
- Research Institutes
- Pharmaceutical Companies
South Korea Laboratory Hoods and Enclosure Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 14.37 USD Billion |
| Market Value in 2032 | 29.77 USD Billion |
| CAGR (2025-2032) | 14.89% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Modularity,Material,End User |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 14.37 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 14.37 USD Billion in 2024.
Segments and Scope
-
South Korea Laboratory Hoods and Enclosure Market to 2032, By Product
- Hoods is the largest segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a revenue of 6.69 USD Billion in the year 2024.
- Hoods is the Fastest growing segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a Growth rate of 16.74 % in forecast period 2025-2032.
-
South Korea Laboratory Hoods and Enclosure Market to 2032, By Modularity
- Benchtop is the largest segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a revenue of 9.99 USD Billion in the year 2024.
- Benchtop is the Fastest growing segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a Growth rate of 15.17 % in forecast period 2025-2032.
-
South Korea Laboratory Hoods and Enclosure Market to 2032, By Material
- Stainless steel is the largest segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a revenue of 11.25 USD Billion in the year 2024.
- Stainless steel is the Fastest growing segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a Growth rate of 15.71 % in forecast period 2025-2032.
-
South Korea Laboratory Hoods and Enclosure Market to 2032, By End User
- Pharmaceutical Companies is the largest segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a revenue of 6.19 USD Billion in the year 2024.
- Pharmaceutical Companies is the Fastest growing segment in South Korea Laboratory Hoods and Enclosure Market to 2032 with a Growth rate of 17.13 % in forecast period 2025-2032.
South Korea Laboratory Hoods and Enclosure Market Company Share Analysis
| Company Name |
|
||
| Nuaire | |||
| Kewaunee International Group | |||
| Labconco | |||
| Thermo Fisher Scientific Inc. | |||
| Terra Universal. Inc. | |||
South Korea Laboratory Hoods and Enclosure Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Laboratory Hoods and Enclosure Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Laboratory Hoods and Enclosure Market is segmented based on Segmentation Product,Modularity,Material,End User.
South Korea Laboratory Hoods and Enclosure Market was valued at USD 14.37(Revenue in USD Billion) in 2020.
South Korea Laboratory Hoods and Enclosure Market is projected to grow at a CAGR of 14.89% during the forecast period of 2024 to 2032.
The Stainless steel segment is expected to dominate the South Korea Laboratory Hoods and Enclosure Market, holding a largest market share of 11.25 USD Billion in 2024
South Korea Laboratory Hoods and Enclosure Market Scope
South Korea Laboratory Hoods and Enclosure Market Segmentation & Scope
Product
- Ventilated Balance Enclosures (VBES)
- Enclosures
- Others
- Laminar Flow Cabinets
- Biological Safety Cabinets
- Hoods
Modularity
- Portable
- Benchtop
Material
- Others
- PVC
- Stainless steel
End User
- Others
- Academic Centers
- Research Institutes
- Pharmaceutical Companies
Frequently Asked Questions
The South Korea Laboratory Hoods and Enclosure Market is segmented based on Segmentation Product,Modularity,Material,End User.
South Korea Laboratory Hoods and Enclosure Market was valued at USD 14.37(Revenue in USD Billion) in 2020.
South Korea Laboratory Hoods and Enclosure Market is projected to grow at a CAGR of 14.89% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Laboratory Hoods and Enclosure Market for final year is USD 29.77 (USD Billion).
South Korea Laboratory Hoods and Enclosure Market Company Profiling
Frequently Asked Questions
The South Korea Laboratory Hoods and Enclosure Market is segmented based on Segmentation Product,Modularity,Material,End User.
South Korea Laboratory Hoods and Enclosure Market was valued at USD 14.37(Revenue in USD Billion) in 2020.
South Korea Laboratory Hoods and Enclosure Market is projected to grow at a CAGR of 14.89% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Laboratory Hoods and Enclosure Market for final year is USD 29.77 (USD Billion).
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