LabSpace records 30 percent revenue growth driven by UAE’s rising student enrollment boom

(DUBAI) – 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 projected to increase by 1.1 million, reaching 14.2 million by 2027. This surge is already evident in Dubai’s 20 percent increase in student enrollment during the 2024-2025 academic year. Higher education enrollment 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 color-optimized 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 their 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 setups, from consultation to installation, while ensuring the highest quality standards and timely project delivery through our state-of-the-art manufacturing facility in the UAE. With our team of experienced professionals, we are now capable of delivering more than 100 labs per year.”

Over the years, LabSpace has installed more than 2,500 workstations and completed over 150 laboratory projects across the UAE, both in the public and private sectors, including for institutions such as DEWA, DP World, and GEMS Education. In educational environments, the company’s lab designs help pique the curiosity of students in science, robotics, and technology, helping them excel in STEAM disciplines. Meanwhile, in healthcare and industrial settings, LabSpace offers solutions that combine innovation and precision.

Currently, the company is working on a major educational project for the Victoria International School of Sharjah, which includes a network of campuses in Maleha, Khorfakkan, and Kalba. The projects in Maleha and Khorfakkan were recently completed, and preparations are now underway for the project delivery at the Kalba campus. These facilities cover a comprehensive suite of labs, including science, design technology, food technology, STEAM (Science, Technology, Engineering, Arts and Mathematics), as well as art and multimedia.