Market Research Report
N95 Mask Market Size, Share & Trends Analysis Report By Product (With Exhalation Valve, Without Exhalation Valve), By Distribution Channel (Online, Offline), By End Use, By Region, And Segment Forecasts, 2020 - 2027
|N95 Mask Market Size, Share & Trends Analysis Report By Product (With Exhalation Valve, Without Exhalation Valve), By Distribution Channel (Online, Offline), By End Use, By Region, And Segment Forecasts, 2020 - 2027|
Published: November 3, 2020
Grand View Research, Inc.
Content info: 132 Pages
Delivery time: 2-10 business days
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.