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LabSpace records 30 per cent revenue growth driven by UAE’s rising student enrolment boom – AlMadar Magazine
LabSpace records 30 per cent revenue growth driven
by UAE’s rising student enrolment boom
admin 2 ﺬﻨﻣ weeks ﺔﻘﻴﻗد 1 ةءاﺮﻗ
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.”
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