N95 Mask Market Trends Analysis And Forecast Till 2030: Grand View Research Inc.

 N95 Mask Market Growth & Trends

The global N95 mask market size is anticipated to reach USD 5.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. The market is primarily driven by the ongoing COVID-19 pandemic, increased regulatory mandates to wear masks in public settings, and the rising awareness regarding respiratory protection at the workplace. With the COVID-19 pandemic's emergence, N95 masks have mostly been employed in the healthcare industry by healthcare workers to protect both the patient and the healthcare personnel from biological agents’ exposure. The product demand is high in the healthcare sector since it offers good fluid resistance, breathability, and high filtration efficiency.

Surgical N95 respirators that are class II devices are regulated by CDC under 42 CFR Part 84 and FDA under 21 CFR 878.4040 in the U.S. Whereas in the European Union, FFP2 masks, which are equivalent to these products, are regulated under the European Standard EN149:2001 for filtering half masks to protect against particles. Growing demand for efficient respiratory protection equipment to guard against pollutants and harmful particulate matter in various industries such as construction, oil and gas, mining, and manufacturing will drive market growth. Furthermore, stringent occupational safety laws, particularly in developed economies are expected to boost demand.

N95 masks are extensively used in the construction sector to offer respirator protection from small particles and dust that cause allergies and respiratory diseases. The global construction industry is witnessing strong recovery owing to fiscal stimulus rolled out by governments that have increased infrastructure construction activities, thereby creating an upswing for the N95 masks. The pandemic provided an opportunity for companies to receive steady revenues from direct government procurement of masks aimed at fighting COVID-19. Furthermore, governments are adopting cost-effective methods such as strategic stock development, upstream agreements with industries for rapid conversion of assembly lines during crises, and international trade.

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N95 Mask Market Report Highlights

• The without exhalation valve segment accounted for a revenue share of 79.0% in 2021 owing to effective protection provided during inhalation and exhalation, and promotion by the World Health Organization and Centers for Disease Control and Prevention
• The penetration of online distribution channels is expected to witness a CAGR of 11.4% from 2022 to 2030 owing to the fast adoption of internet and e-commerceplatforms, as well as manufacturers' use of online distribution channels to offer their products
• Asia Pacific dominated the market and accounted for a revenue share of 28.8% in 2021, on account of burgeoning pharmaceuticals, mining, manufacturing, and construction industries, which extensively use respiratory protective equipment, including N95 masks
• In October 2021, Shawmut Corporation and The Fallon Company have launched a Protex N95 mask for prolonged use that is NIOSH-approved with the patent-pending Protex ADC comfort system
• In January 2021, 3M company increased its production capacity of N95 masks by USD 2.5 billion annually owing to the continued demand for respirators from the general public and government contracts

Access Press Release@ https://www.grandviewresearch.com/press-release/global-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, 2017 - 2030)

• With Exhalation Valve
• Without Exhalation Valve

N95 Mask Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)

• Online
• Offline

N95 Mask End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Healthcare
• Construction
• Manufacturing
• Oil & Gas
• Others

N95 Mask Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • Italy
  • Russia
  • UK.
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Philippines
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players of N95 Mask Market

• 3M
• Alpha Pro Tech
• Ansell Ltd
• Medisca, Inc.
• O&M Halyard
• The Gerson Company
• Cardinal Health
• Medline Industries, Inc.
• Kimberly-Clark Corporation
• Honeywell International Inc.
• Moldex-Metric
• Makrite
• Prestige Ameritech
• Crosstex International, Inc.
• Shanghai Dasheng Health Products Manufacture Company, Ltd.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.