According to our new research study on “N95 Masks Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product, Distribution Channel, and End User,” the market is expected to reach US$ 4,925.80 million by 2028 from US$ 1,914.54 million in 2021; it is estimated to register a CAGR of 14.5% from 2021 to 2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. Factors such as prevalence of COVID-19 and increasing investments and initiatives by market players and governments are the key factors driving the market growth. However, the availability of alternative products is hindering the market growth.
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Some Leading Companies Analysis as Below-
- Kimberly-Clark Corporation
- Medline Industries, Inc.
- Cardinal Health Inc
- Ansell Limited
- ALPHA PRO TECH, LTD.
- Honeywell International Inc.
- The Gerson Company
- Medisca Inc
The report offers insights and in-depth analysis of the N95 masks market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes the impact of the COVID-19 pandemic on the market across all the regions. There has been a tremendous rise in the demand for N95 masks in the regions during the pandemic. To tackle the shortage, regulatory agencies such as USFDA have given revised guidelines regarding the PPE. The agency has liberalized the product approval procedures to facilitate early product availability in the market. Various market players of non-healthcare businesses are involved in the hospital gowns’ productions to fulfill the high demand.
The existing players are ramping up the production and supply chain for the hospital gowns in the region. However, in the current scenario, various counterfeit N95 masks of the branded companies are being marketed. The government has issued an alert regarding the same. For instance, Health Canada issued a warning regarding counterfeit 3M N95 respirators/masks. The COVID-19 has a positive impact on the N95 mask market in the region. The N95 masks market is segmented into product, distribution channel, end user, and region. The market, based on region, is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
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Based on product, the N95 masks market is segmented into without exhalation valve and with exhalation valve. In 2021, the without exhalation valve segment accounted for a larger share of the market. However, the demand for N95 masks with exhalation valve is expected to grow significantly owing to the high efficiency of protection provided during inhalation and exhalation. Various government bodies, such as the WHO, the CDC, and health ministries across several countries are encouraging the usage of such masks to prevent the spread of the virus from an infected individual.
In terms of product, the N95 masks market is segmented into without exhalation valve and with exhalation valve. Based on distribution channel, the market is segmented into offline and online. By end user, the market is categorized into construction, manufacturing, healthcare, mining and oil & gas, and others. Geographically, the N95 masks market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and the Rest of APAC), Middle East & Africa (Saudi Arabia, the UAE, South Africa, and the Rest of MEA), and South and Central America (Brazil, Argentina, and the Rest of SCAM).
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