Page 46 - Centena Group PR Report - July 2025

Latest News

LabSpace records 30 per cent revenue growth

driven by UAE’s rising student enrolment boom

18/07/2025

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
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