Market Overview:
Cleanroom consumables refer to disposable protective clothing, medical devices, and equipment used in very hygienic industrial environments, such as semiconductor manufacturing facilities, hospitals’ operating rooms, pharmaceutical manufacturing plants and research laboratories. Cleanroom consumables help in maintaining the specified cleanliness levels by reducing and controlling contamination and also minimize production losses. They include apparels such as coveralls, frocks, boot covers and gloves along with non-apparel consumables like wipers, disinfectants and surface covers. Cleanroom consumables are necessary to manufacture products like pharmaceuticals, semiconductors, medical devices and other precision engineering components, which require stringent control over contamination for quality and safety purposes.
Market key trends:
One of the major trends in the Europe cleanroom consumables market is the rising demand from the pharmaceutical industry. The growing pharmaceutical industry in Europe region is bolstering the adoption of cleanroom consumables to ensure sterile production and prevent contamination during manufacturing of medicines. Furthermore, stringent regulatory standards for manufacturing are also mandating the use of cleanroom consumables and garments. Growing prevalence of chronic diseases and importance of sterile environments in research and production are some other factors augmenting the growth of the Europe cleanroom consumables market over the forecast period.
Porter’s Analysis
Threat of new entrants: The threat of new entrants is low in the cleanroom consumable market as it requires huge investments for setting up cleanrooms certified with different classes.
Bargaining power of buyers: The bargaining power of buyers is high owing to presence of numerous established players providing similar products at competitive prices. Buyers can easily switch between various brands based on pricing and quality.
Bargaining power of suppliers: The bargaining power of suppliers is low given the fragmented nature of raw material supply market for cleanroom consumables.
Threat of new substitutes: There are limited substitutes to cleanroom consumables due to stringent regulatory standards for product quality and reliability in end-use industries.
Competitive rivalry: The competitive rivalry is high among existing players to gain higher market share through product innovation, partnerships, and geographic expansion.
The global Europe Cleanroom Consumables Market Growth is estimated to be valued at US$ 3233.99 Bn or 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.
Key Takeaways
The Europe cleanroom consumables market size was valued at US$ 3233.99 Bn in 2023 and is expected to reach US$ 5324.22 Bn by 2030, exhibiting a CAGR of 5.8% during the forecast period. Factors such as rising demand from pharmaceutical and semicon electronics industries are expected to drive market growth.
Europe dominates the global cleanroom consumables market owing to the presence of large pharmaceutical companies. Germany holds the major share in Europe cleanroom consumables market due presence of extensive pharmaceutical manufacturing facilities. The increasing R&D investments by pharmaceutical companies is further anticipated to propel the German cleanroom consumables market.
Key players operating in the Europe cleanroom consumables market include Berkshire Corporation, Kimberly-Clark Corporation, Contec, Inc., DuPont, Ansell Ltd., Illinois Tool Works Inc., Thermo Fisher Scientific, Inc., Helapet, Steris Plc., and VWR International, LLC. (Avantor). Berkshire Corporation and DuPont occupy a significant share in Europe’s cleanroom consumables market.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it