Page 10 - Centena Group PR Report - July 2025

Press Release

LabSpace records 30 per cent revenue growth driven by
UAE’s rising student enrolment boom

The company is set to expand its footprint into Saudi Arabia and Qatar to address growing
market demand across the GCC.

July 17, 2025: LabSpace, Centena Group’s turnkey laboratory solutions specialist, recorded a

30 per cent year-on-year surge in revenue, driven by the UAE’s growing demand for cutting-
edge laboratory infrastructure and a rise in project volume, especially within the educational

sector. In addition, the company is planning a focused expansion into Saudi Arabia and Qatar,

where demand for both educational and industrial R&D infrastructure is rising.

According to a recent education industry report, the total number of students in the GCC is

estimated to rise by 1.1 million to reach 14.2 million by 2027. This surge is already visible in
Dubai’s 20 per cent increase in student enrolments during the 2024-2025 academic year.

Higher education enrolment in the emirate is also projected to more than double by 2040,

creating a surge in the number of schools and universities, along with demand for advanced lab
infrastructure, to enhance STEM education.

In response to the strong market demand, LabSpace has been rapidly expanding its portfolio
introducing new solutions that ensure functionality, safety and innovation. These include

flexible benches, modular storage systems, enhanced weight-bearing capacities and colour-

optimised solutions to meet the evolving demands of different sectors.

Nilesh Korgaonkar, CEO of LabSpace said: “This year, we experienced the highest demand

from the educational sector, especially due to the surge in the number of schools and
universities in the country. In addition, we are witnessing a growing demand for industrial

laboratories as the UAE and GCC intensify its focus on manufacturing and R&D projects.”

He added: “Our solutions are tailored to meet the specific needs of each sector, whether it is

an educational institution, an industrial workspace or a commercial research facility. With a

strong emphasis on engineering excellence and innovative designs, we support various
industries with end-to-end lab setup, from consultation to installation, while ensuring the