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Global N95 Respirator Market to Grow at a CAGR of 7.00% During 2022-2027, Aided by the Growing Risk of COVID-19 Virus Resurgence

According to a new report by EMR titled, ‘Global N95 Respirator Market Report and Forecast 2022-2027’, the market attained a value of around USD 1.1 billion in 2021. The industry is further expected to grow at a CAGR of 7.00% in the forecast period of 2022-2027 to reach a value of nearly USD 1.7 billion by 2027.

The global N95 respirator industry is being driven by the rising consumer demand for N95 respirators, fuelled by the growing risk of COVID-19 virus resurgence worldwide. Additionally, the growing health consciousness, fuelled by the rising air pollution worldwide, is expected to bolster the market growth in the coming years. This can be associated with the growing awareness regarding the issues of contracting chronic illnesses with the exposure to air contaminants. Moreover, the growing demand for N95 respirators for industrial operations to improve worker safety is also estimated to augment their demand in the coming years.

The growing consumer demand for face masks owing to the rising health consciousness among consumers is projected to bolster the market growth in the forecast period. For instance, in January 2021, Honeywell (NYSE: HON), one of the leading manufacturers of N95 respirators, announced the successful delivery of 225 million N95 and surgical masks in December for frontline workers and government use. The company significantly increased its production capacity to help meet the growing demand amid the crisis. Furthermore, the increased availability of these masks with varied designs on online platforms such as Amazon (NASDAQ: AMZN) is also expected to propel the industry growth in the coming years.

Market Breakup by Usage, Product Type, Mask Type, Distribution Channel, End Use, and Region:

  • The market is divided, based on usage, into disposable and reusable.
  • On the basis of product type, the market can be distributed into with exhalation valve and without exhalation valve.
  • Based on mask type, the industry is segregated into full face and half face.
  • The industry is segmented, on the basis of distribution channels, into offline and online.
  • On the basis of end use, the industry can be categorised into surgical and non-surgical. Among these, the non-surgical segment can be classified as construction, industrial, mining, oil and gas, and others.
  • Region-wise, the global market for N95 respirator can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The global market for N95 respirator is being driven by the increased demand for face masks as a result of the growing risk of COVID-19 resurgence worldwide.
  • The growing issues of air pollution have significantly contributed to the market expansion.
  • Increased awareness among consumers pertaining to the risk of contracting severe illnesses with the exposure to contaminated air is also aiding the industry growth.
  • The rising disposable incomes and improved purchasing power of consumers are further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for N95 respirator for the periods (2017-2021) and (2022-2027).
  • The report also offers historical (2017-2021) and forecast (2022-2027) market information for the usages, product types, mask types, distribution channels, end uses, and major regions of N95 respirator.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global N95 respirator market are 3M Company, Alpha Pro Tech, Ltd., Medisca Inc., Honeywell International Inc., Shanghai Dasheng Health Products Manufacture Company, Ltd., Kimberly-Clark Corporation, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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