Global Market Size, Forecast, and Trend Highlights Over 2025-2037
N95 Mask Market size was valued at USD 3.3 billion in 2024 and is likely to cross USD 10 billion by 2037, registering more than 8.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of N95 mask is estimated at USD 3.55 billion.
The rapid rise in Covid-19 infections all across the world is expected to fuel the growth of this market. The growth of the market can also be attributed to factors such as efficiency of N95 masks to filter out more than 95 percent of airborne particles. According to the data collected from the World Health Organization, till June 7, 2021, there have been 173,005,553 confirmed cases of Covid-19, including 3,727,605 deaths reported to the organization.
N95 Mask Sector: Growth Drivers and Challenges
Growth Drivers
- Rapid rise in Covid-19 infections
- Efficiency of N95 mask to filter out more than 95 percent of airborne particles
Challenges
- High market price
- Lack of awareness about Covid-19 in lower economic regions
N95 Mask Segmentation
The market is segmented based on product type into mask with breathing valve and mask without breathing valve, out of which, the mask without breathing valve segment is anticipated to grab the largest share by the end of 2037 on account of high level of protection offered during inhalation and exhalation. Moreover, there is also an increasing awareness about the use of N95 masks due to the coronavirus pandemic which is also projected to contribute to the growth of the segment during the forecast period.
On the basis of application, the industrial segment in the global N95 mask market is the largest segment and is expected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that N95 masks are predominantly being used in the construction industry by workers for protection against fumes, dust, vapors and gases. According to International Labor Organization, the total working population in the world has increased to 3.46 billion in 2019 as compared to 3.35 billion in 2016. Individual and hospital segments are also expected to witness significant growth in the coming years ascribing to the spread of airborne infectious diseases and Covid-19 outbreak
Our in-depth analysis of the global market includes the following segments:
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By Mask Type |
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Application |
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Customize this ReportN95 Mask Industry - Regional Synopsis
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa region. Asia Pacific industry is likely to hold largest revenue share by 2037, owing to rapid surge in Covid-19 infections and efficiency of N95 mask to filter out more than 95 percent of airborne particles. Furthermore, the market in North America is evaluated to occupy the largest share in terms of revenue during the forecast period, owing to the growing awareness about the use of N95 masks as a measure of protection against viruses and other airborne infections. Alternatively, the market in Europe is also anticipated to occupy a significant share in the N95 mask market.
Companies Dominating the N95 Mask Landscape
- Honeywell International Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- 3M Company
- Kimberly-Clark
- Cardinal Health Inc.
- Alpha Pro Tech Ltd.
- Owens and Minor Inc.
- Prestige Ameritech
- Medline Industries Inc.
- Ansell Ltd.
In the News
Author Credits: Parul Atri
- Report ID: 2938
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
