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N95 Mask Market Size Worth $21.57 Billion By 2027 Due To The Rapid Spread Of The COVID-19 Pandemic Across The Globe | Grand View Research, Inc.

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N95 Mask Market Size Worth $21.57 Billion By 2027 Due To The Rapid Spread Of The COVID-19 Pandemic Across The Globe | Grand View Research, Inc.

July 01
17:06 2021
N95 Mask Market Size Worth $21.57 Billion By 2027 Due To The Rapid Spread Of The COVID-19 Pandemic Across The Globe | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, rising instances of infectious biological diseases, coupled with the growing prevalence of COVID-19 worldwide, have resulted in augmenting the demand for N95 masks.

The global N95 mask market size is expected to reach USD 21.57 billion by 2027, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 45.1% from 2020 to 2027. The rapid spread of the COVID-19 pandemic across the globe, coupled with the rising instances of infectious respiratory diseases, such as SARS, MERS, and H1N1 influenza, is expected to drive the market.

Increasing demand for highly-efficient respiratory protective equipment for protection against hazardous particulate matter and other contaminants in various industries, including construction, mining, and manufacturing, is likely to benefit market growth. Moreover, stringent occupational safety regulations, especially in developed economies, are expected to spur market growth.

Supply chain disruptions due to the COVID-19 outbreak had made the distribution of N95 masks more complicated. Several countries worldwide had imposed export restrictions or introduced new authorization certifications or procedures that led to delays in the exports of N95 masks. Moreover, lockdown measures had disrupted domestic logistics and distribution infrastructure.

Several manufacturers, including 3M, Prestige Ameritech, and Honeywell International, have ramped up their production capacities. Apart from the mask manufacturers in the market, other entities in the value chain, such as the fabric manufacturers, have also increased their production capacities to cope up with the surging demand, which is expected to boost the market growth. 

N95 Mask Market Report Highlights

 By product, the N95 mask without exhalation valve led the market and accounted for 73.0% share of the total revenue in 2019 on account of the high efficiency of protection offered by the product during inhalation and exhalation

The online distribution channel is likely to expand at the fastest CAGR of 54.0% from 2020 to 2027 on account of rapid penetration of internet and e-commerce platforms in developing countries, coupled with advantages, such as ease and convenience associated with the channel

The construction end-use segment accounted for the largest revenue share of 36.5% in 2019 owing to the predominant use of N95 masks in the construction industry by workers for protection against dust, fumes, gases, and vapors

In the Asia Pacific market, India is expected to expand at the fastest CAGR of 70.7% from 2020 to 2027 on account of rising awareness about N95 masks, especially during the pandemic, coupled with the increasing domestic production of N95 masks

In August 2020, Dräger, a manufacturer of medical and safety technology products, announced the opening of a new facility in Pennsylvania, U.S., which will focus on the manufacturing and distribution of N95 respiratory protection masks

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/n95-mask-market

N95 Mask Market Segmentation

Grand View Research has segmented the global N95 mask market on the basis of product, distribution channel, end-use, and region:

N95 Mask Product Outlook (Revenue, USD Million, 2016 – 2027)

     With Exhalation Valve
     Without Exhalation Valve

N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2016 – 2027)

     Online
     Offline

N95 Mask End-use Outlook (Revenue, USD Million, 2016 – 2027)

     Healthcare
        • Hospitals
        • Outpatient/Primary Care Facilities
        • Others
     Construction
     Manufacturing
     Mining, Oil & Gas
     Others

N95 Mask Regional Outlook (Revenue, USD Million, 2016 – 2027)

     North America
        • The U.S.
        • Canada
        • Mexico
     Europe
        • Germany
        • U.K.
        • Spain
        • Italy
        • France
        • Russia
     Asia Pacific
        • China
        • India
        • Japan
        • Indonesia
        • Australia
        • Thailand
        • South Korea
        • Malaysia
    • Central and South America
        • Brazil
        • Argentina
     Middle East
        • Saudi Arabia
        • UAE
     Africa
        • South Africa

List of Key Players of N95 Mask Market

     3M
    • Honeywell International, Inc.
     Prestige Ameritech
     Ansell Ltd.
    • O&M Halyard
     The Gerson Company
     Cardinal Health
     Medline Industries, Inc.
     Kimberly-Clark Corporation

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/n95-mask-market/request/rs1

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About Grand View Research

Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.

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State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/n95-mask-market


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