The Global N95 Masks Market- Growth, COVID-19 impact and Forecast (2021-2025)
The N95 masks market is segmented by Product type (With Exhalation Valve, Without Exhalation Valve); Distribution Channel (Online and Offline); End-user (Healthcare, Construction, Manufacturing, Mining, Oil And Gas, and Others); Geography (APAC, North America, Europe, and ROW).
Introduction
The N95 Mask is used as one of the personnel protective products. It is used to protect the wearer from airborne particles and from liquid contaminating the face.
The filtering property of these masks is a function of a multi-layered structure that is made using non-woven fabric, where polypropylene (PP) is one of the most commonly used raw material for manufacturing this non-woven fabric.
The increasing number of COVID -19 cases, along with the need for mask as precautionary measure, are the major factors driving the growth of the N95 masks market. However, sales of inexpensive and low quality products are likely hindering the market growth.
Table of Contents
Executive Summary
Scope of the report
Research Methodology
Executive Summary
Introduction
5.1 Parent Market/ TAM
5.2 Market Outline
5.3 Market Segmentation
6. Five Force analysis
7. Market Sizing
8. Market segmentation
9. Geographical Landscape
9.1 APAC
9.2 Europe
9.3 North America
9.4 ROW
10. Growth drivers
10.1 Rising instances of infectious biological diseases
10.2 Government regulations and obligations
11.Key Market Trends
12.Impact of Covid-19
13.Challenges
14.Customer Insights analysis
15.Major Market Players
15.1 3M
15.2 Honeywell International
15.3 Prestige Ameritech
15.4 Ansell
15.5 O&M Halyard
15.6 The Gerson Company
15.7 Medline Industries
.15.8 Kimberly-Clark Corporation
16. Recent Developments
17. Future Scope
18. Strategic Recommendations
Market Overview
The global N95 masks market is expected to have incremental growth of $5.40 billion during 2020-2025
Growth momentum is expected to accelerate during the forecast period with 31.95% CAGR.
Prior to the COVID-19 pandemic, N95 masks are used in various end-user industries construction, manufacturing, painting, and mining.
North America is dominating the market owing to developed end-use industries along with high product adoption in the healthcare sector.
Key Trends
Increasing usage of biodegradable and recyclable materials in manufacturing PPE is likely to create opportunities for the market in the coming years.
Growing concern amongst the masses about the spread of the virus to people suffering from other comorbidities is expected to open new avenues for the market.
Key Market Players
Some of the key players in the market are 3M, Honeywell International, Prestige Ameritech, Ansell, O&M Halyard, The Gerson Company.
Major players focus on mergers & acquisitions, expansion of their manufacturing facilities, infrastructural development, investments in R&D facilities, and are seeking opportunities to vertically integrate across the value chain. The key players are rigorously competing and offering custom solutions due to the increasing demand for durable and customized equipment.
Growth Drivers and Challenges
Rising instances of infectious biological diseases act as a key driver for the market.
Increasing demand for greater safety & security at the industrial workplace is driving the market growth.
Governments, state authorities, and healthcare organizations are promoting the use of N95 masks is also driving the market.