Global N95 Mask Market by Distribution Channel (Offline, Online), by Product (With Exhalation Valve, Without Exhalation Valve) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global N95 mask sales were valued at USD 1.10 Billion in 2019. They are expected to grow at a compound annual rate (CAGR of 45.1%) between 2020 and 2027. The increasing prevalence of COVID-19 and infectious diseases has led to an increase in demand for N95 masks. N95 masks are a form of respiratory protection that is designed to fit close to the face and filter out airborne particles. These masks form a seal around your nose and mouth. These masks have a filtering function because they are made from a multi-layered structure. Polypropylene (PP), is the most common raw material used to manufacture this non-woven fabric.

Due to strict occupational safety regulations, the U.S. dominated North American markets in 2019. Due to the rapid spread in the USA of the COVID-19 pandemic, N95 masks will be in high demand. Several key players, including 3M, Honeywell International and Prestige Ameritech have increased their production and expanded their manufacturing capabilities.

Before the COVID-19 pandemic the N95 masks were used primarily in the construction, manufacturing and mining industries. These masks were primarily used by healthcare workers and other professionals in the aftermath of the COVID-19 pandemic. These masks were also used in other industries during the pandemic, including food and beverages, pharmaceuticals and energy.

Due to the rapid spread of the COVID-19 pandemic around the world, there has been a dramatic increase in demand for PPE including N95 masks. This has also led to an insufficient supply. Many countries around the world have imposed export restrictions to meet domestic demand.

A shortage of melt-blown polypropylene fabric will likely cause another shortage in the supply chain for polypropylene resin. This was also the case during the 2009 H1N1 pandemic. Price increases have been a result of the shortages of critical materials. This factor will be a problem for many entities across the value chain, including manufacturers and raw material suppliers.

Product Insights

N95 masks with no exhalation valve dominated the market, accounting for 73.0% of global revenue in 2019. The N95 mask, which does not have an exhalation valve, is a type respiratory protective equipment that provides a more comfortable fit for the face and a highly efficient filtration of particulate matter. N95 masks can limit at least 95% of small particles. These masks don't have a valve attached.

Due to their high protection during inhalation as well as exhalation, N95 masks are expected to be in demand. Many medical organizations, including the WHO and the CDC, are encouraging the use of these masks to stop the spread of the virus to others.

The fastest CAGR for N95 masks equipped with exhalation valves is 65.7%, which is expected to increase from 2020 to 2027. The N95 mask with exhalation valve, which is non-oil, can filter almost 95% of particles. It is suitable for use in non-oil environments and has a minimum size limit of 0.3 microns. The attached exhalation valve reduces exhalation resistance and makes breathing easier for those wearing these masks.

Due to the COVID-19 epidemic in 2020, N95 masks will be in high demand. The exhalation valve helps to filter out contaminants and reduce discomfort from the masks. The product penetration into sterile facilities will be limited by the masks' inability to block the exhalation of infected droplets from the atmosphere.

Distribution Channel Insights

Due to the existence of traditional distribution channels such as drug stores, hospitals pharmacies and over-the-counter pharmacies and retail stores, the offline segment dominated the market. It accounted for 69.1% of global revenue in 2019. These offline channels have also been able to deliver essential medicines and protective equipment since the global COVID-19 pandemic.

Ansell Ltd. and O&M Halyard are key players in this market. Cardinal Health, Crosstex International Inc., and The Gerson Company are all working together to ensure that the market has enough masks and other essentials.

From 2020 to 2027, the online distribution channel will grow at a 54.0% CAGR. This segment is expected to grow rapidly due to the rapid adoption of e-commerce and internet platforms in emerging economies. Manufacturers of N95 masks have begun to use an online distribution platform, either through third-party websites or their own websites, to sell products and place orders.

To prevent the spread of the novel coronavirus, the governments of various countries around the world are encouraging the purchase of essential products such as N95 masks through online portals. This is done to maintain norms of lockdown, social distancing, and easy access to personal protection equipment.

End-use Insights

Construction accounted for 36.5% of global revenue in 2019, and led the market. The construction industry was the biggest end-user of N95 masks before the COVID-19 epidemic. These masks protect workers from common hazards like silica dust from grinding dirt or asbestos exposure during remediation and demolition work.

Manufacturing includes iron, Steel, textiles, chemical, paper and medical devices. Low demand, declining prices and supply chain bottlenecks are all expected to reduce market growth in the metal sector over the next few decades.

From 2020 to 2027, the healthcare segment is expected to grow at a CAGR of 79.5%. The healthcare sector has seen a dramatic increase in demand for N95-masks since the COVID-19 epidemic. To address the growing demand for N95 masks, many manufacturers have increased production capacity and expanded manufacturing facilities in order to meet the increasing demand.

The Middle East's oil-dependent economies are facing difficulties and uncertain futures. Due to uncertainty regarding the viability of their projects in today's economic environment, many emerging economies are experiencing difficulties with their oil and natural gas projects. These factors will likely limit the growth of the oil and natural gas sector over the next months. This, in turn, will likely lead to a decrease in demand for PPE (such as N95 masks) over the forecast period.

Regional Insights

North America dominated the market, accounting for 32.3% of global revenue in 2019. The demand for N95 masks has increased significantly due to the rapid spread of COVID-19, particularly in the U.S. and Mexico. Additionally, the COVID-19 pandemic has prompted government authorities to invest significantly in healthcare infrastructure. This will have a positive effect on market growth over coming years.

Europe's market is expected to grow significantly in the coming years due to the increasing number of respiratory dangers and the increased demand for high-quality respiratory protective equipment. Over the forecast period, N95 masks will be in high demand due to the increased exposure to hazardous particulates within the majority of core industries such as metal fabrication, oil & Gas construction, and automotive.

From 2020 to 2027, the Asia Pacific market will grow at 56.8% CAGR. The rapid spread of COVID-19 has prompted governments to mandate the use of protective face masks in all industries in order to stop the spread of this virus. This is expected to be a significant driver for the market.

Japan's government has encouraged manufacturing companies to produce more masks to meet the shortage of protective masks. The government also provided subsidy for capital investment in mask factories and other manufacturing facilities, and extended its support to procure raw materials. These factors are expected to have an impact on overall market growth.

Market Share Insights & Key Companies

Global markets are highly competitive. They are characterized by both regional and global participants. To gain market share, the industry is focused on product development, integration at various stages of the value-chain, and mergers and acquisitions. Companies adopt a variety of strategies, including product development, mergers and acquisitions, product portfolio expansions and expansions of their distribution networks.

Due to the COVID-19 pandemic, several countries around the world have been severely affected. The result is that N95 masks are in high demand. Many manufacturers have increased production to meet this demand. For the critical supply of PPE during the COVID-19 pandemic, manufacturers are collaborating with government authorities and industry partners. The following are some of the major players in N95 mask markets worldwide:

• 3M

• Honeywell International, Inc.

• Prestige Ameritech

• Ansell Ltd.

• O&M Halyard

• Gerson Company

• Cardinal Health

• Medline Industries, Inc.

• Kimberly-Clark Corporation

Up Market Research published a new report titled “N95 Mask Market research report which is segmented by Distribution Channel (Offline, Online), by Product (With Exhalation Valve, Without Exhalation Valve), By Players/Companies Medline Industries Inc, The Gerson Company, 3M, Kimberly-Clark Corporation, Cardinal Health, Ansell Ltd, O&M Halyard, Prestige Ameritech, Honeywell International Inc”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global N95 Mask Market Report Segments:

The market is segmented by Distribution Channel (Offline, Online), by Product (With Exhalation Valve, Without Exhalation Valve).

N95 Mask Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the N95 Mask Market

Overview of the regional outlook of the N95 Mask Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The N95 Mask Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of N95 Mask Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Offline

                2. Online

                1. With Exhalation Valve

                2. Without Exhalation Valve

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the N95 Mask Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the N95 Mask Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.