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LabSpace records 30 per cent revenue growth driven by UAE’s risingstudent enrolment boom - Middle East News 247

LabSpace records 30 per cent revenue growth

driven by UAE’s risingstudent enrolment boom

By PR News Desk 17/07/2025

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

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