According to recent market study published by Nova one advisor Market reports titled, “Global N95 Masks Market Size, Share, Trends Analysis , Opportunity and Forecast, 2021-2027”, the market was valued at US$ 2.14 Billion by 2027 and is expected to grow at a moderate growth rate of 4.0% by the year 2027.
N95 mask is an air-purifying, particulate respirator that helps reduce the wearer’s inhalation exposure to certain airborne particles. Increase in cases of COVID-19 in 2020 boosted the demand for N95 masks in 2020. Therefore, key players are investing to increase the production of N95 masks, thereby creating significant opportunities in the market.
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Investment by key players to strengthen their position is likely to create significant opportunities in the market. For instance, in January 2021, Protectly.co announced partnership with Pacific PPE Corp. to deliver N95 masks to consumers at a time when they are most needed. Most end users are moving toward disposable face masks. N95 masks have been witnessing a paradigm shift toward disposable face masks over reusable ones. This shift can be attributed to the advantages of disposable face masks such as higher protection, elimination of the need of sterilization, and reduction of cross-contamination. Additionally, these are cost-effective and prevent contamination. Thus, key players are engaged in offering disposable N95 masks. This, in turn, is estimated to offer significant opportunities in the N95 mask market.
North America dominated the global N95 masks market in 2020. The trend is anticipated to continue during the forecast period. Focus of market players on increasing production capacities and government funding & contracts to expand the production of N95 mask is likely to boost the market in region. The robust expansion of the market in the region can be attributed to significant rise in the number of people being affected with the novel coronavirus.
This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the N95 Masks market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.
Some of the prominent players in the N95 Masks market include
3M, KCWW, Honeywell International Inc., Prestige Ameritech, Ansell Ltd., Medline Industries, Inc., Cardinal Health, AlphaProTech, and Makrite.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global N95 Masks Market: Segmentation
- N95 Masks Market, by Product
- With Valve
- Without Valve
- N95 Masks Market, by Material
- N95 Masks Market, by Usage
- Cup Style
- Folded Style
- N95 Masks Market, by End User
- Healthcare Providers
- Chemical Industry
- Mining Industry
- Food Industry
- Pharmaceutical Industry
- Construction Industry
– North America Region (U.S., Canada, Mexico)
– Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
– Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
– South America Region (Brazil, Argentina, Columbia, Rest of South America)
– The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Despite unprecedented implications of the COVID-19 outbreak, the market will gain impetus amidst soaring investment towards sophistication of the healthcare sector. The market survey offers compelling insights into key factors enabling growth through the assessment period. It underscores hidden opportunities across diverse segments. Besides uncovering hidden opportunities, the report presents exclusive insights into challenges posing threat to growth. Alongside this, it offers recommendations to navigate through unforeseen hindrances in the future, while keeping the business afloat.
Scope of the Study
This N95 Masks market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.
This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.
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Final Report will add the analysis of the impact of COVID-19 on this industry.
Important years considered for this report:
Historical Years: 2017-2019
Base Year: 2020
Forecast Period: 2021-2027
Key Points Covered in N95 Masks Market Survey
- Demand will remain high in the U.S., backed by favourable reimbursement policies and presence of some of the leading market players.
- Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
- China and India will exhibit high demand for N95 Masks, backed by expanding healthcare sector.
- Focus on research and development will increase in Brazil, creating opportunities for the expansion of the N95 Masks market.
- Hospitals are expected to showcase higher demand for N95 Masks on account of greater access to advanced technologies and higher footfall of patients.
- Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan N95 Masks market will continue increasing at a high pace.
Some of the key highlights covered in the report include:
- N95 Masks Market Demand-Supply Analysis -The report covers detailed insights into demand and supply forces prevailing in the global N95 Masks market. It examines trends and factors influencing demand for N95 Masks globally and gauges the impact of the same on the production.
- N95 Masks Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
- Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
- Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for N95 Masks across the world.
- Competitive Analysis – Some of the leading market players are profiled in the report on N95 Masks. The report offers estimation of share individually helps by the market players and determines the impact of some of their popular strategies.
- COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
- Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.
Why should you invest in this report?
If you are aiming to enter the global N95 Masks market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for N95 Masks are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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