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With Exhalation Valve Segment to Mark Higher CAGR During 2021–2028
According to our new research study on “N95 Masks Market Forecast to 2028 – COVID-19 Impact and Analysis – by Product, Distribution Channel, and End User,” the market is expected to grow from US$ 1,914.54 million in 2021 to US$ 4,925.80 million by 2028; it is estimated to register a CAGR of 14.5% from 2021 to 2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth.
Face masks are a particular type of personal protective equipment designed to reduce the respiratory exposure of the wearer to dangerous substances such as toxic chemicals or infectious particles. N95 masks are capable of blocking at least 95% of airborne particles larger than 2.5 microns, including particles or droplets carrying viruses and bacteria, thereby protecting people against respiratory tract infections and diseases.
The N95 masks market is characterized by the presence of various small and big companies. The market players are adopting the strategies such as new product launch, geographic expansion, and technological advancements to increase their market share. In June 2019, Project N95—a non-profit organization—is adding several Gerson N95 respirators to its suite of products. Gerson 1730, Gerson 3230, and Gerson 3230+ are the three masks, offered by The Gerson Company, increased the selection of vetted US-made N95 respirators available in the Project N95 Shop, opening access to more quality, domestically produced PPE from reputable manufacturers. Further, in August 2020, Honeywell International, Inc. added a N95 face mask production line at its Fulgaon facility in India to help frontline healthcare workers, emergency responders, and government organizations responding to the COVID-19 pandemic.
3M Company; Kimberly-Clark Corporation; Medline Industries, Inc.; Cardinal Health Inc; Ansell Limited; ALPHA PRO TECH, LTD.; Honeywell International Inc.; The Gerson Company; Medisca Inc.; and Moldex-Metric are among the leading companies operating in the N95 masks market.
In terms of product, the N95 masks market is segmented into without exhalation valve and with exhalation valve. Based on distribution channel, the market is segmented into offline and online. By end user, the market is categorized into construction, manufacturing, healthcare, mining and oil & gas, and others. Geographically, the N95 masks market is segmented into North America (the US, Canada, and Mexico), Europe (France, Germany, the UK, Spain, Italy, and the Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, and the Rest of APAC), Middle East & Africa (Saudi Arabia, the UAE, South Africa, and the Rest of MEA), and South and Central America (Brazil, Argentina, and the Rest of SCAM).
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