The global N95 mask market size is anticipated to reach USD 5.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.2% from 2022 to 2030. The market is primarily driven by the ongoing COVID-19 pandemic, increased regulatory mandates to wear masks in public settings, and the rising awareness regarding respiratory protection at the workplace.
N95 Mask Market Report Highlights
- The without exhalation valve segment accounted for a revenue share of 79.0% in 2021 owing to effective protection provided during inhalation and exhalation, and promotion by the World Health Organization and Centers for Disease Control and Prevention
- The penetration of online distribution channels is expected to witness a CAGR of 11.4% from 2022 to 2030 owing to the fast adoption of internet and e-commerce platforms, as well as manufacturers’ use of online distribution channels to offer their products
- Asia Pacific dominated the market and accounted for a revenue share of 28.8% in 2021, on account of burgeoning pharmaceuticals, mining, manufacturing, and construction industries, which extensively use respiratory protective equipment, including N95 masks
- In October 2021, Shawmut Corporation and The Fallon Company have launched a Protex N95 mask for prolonged use that is NIOSH-approved with the patent-pending Protex ADC comfort system
- In January 2021, 3M company increased its production capacity of N95 masks by USD 2.5 billion annually owing to the continued demand for respirators from the general public and government contracts
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N95 masks are a respiratory protective devices designed to achieve a very close facial fit & capable to filter up to 95% of particles in the air. These masks form a much better seal around your face, nose, throat, & cheeks. With the COVID-19 pandemic’s emergence, N95 masks have mostly been employed in the healthcare industry by healthcare workers to protect both the patient and the healthcare personnel from biological agents’ exposure. The product demand is high in the healthcare sector since it offers good fluid resistance, breathability, and high filtration efficiency.
Surgical N95 respirators that are class II devices are regulated by CDC under 42 CFR Part 84 and FDA under 21 CFR 878.4040 in the U.S. Whereas in the European Union, FFP2 masks, which are equivalent to these products, are regulated under the European Standard EN149:2001 for filtering half masks to protect against particles. Growing demand for efficient respiratory protection equipment to guard against pollutants and harmful particulate matter in various industries such as construction, oil and gas, mining, and manufacturing will drive market growth. Furthermore, stringent occupational safety laws, particularly in developed economies are expected to boost demand.
N95 masks are extensively used in the construction sector to offer respirator protection from small particles and dust that cause allergies and respiratory diseases. The global construction industry is witnessing strong recovery owing to fiscal stimulus rolled out by governments that have increased infrastructure construction activities, thereby creating an upswing for the N95 masks. The pandemic provided an opportunity for companies to receive steady revenues from direct government procurement of masks aimed at fighting COVID-19. Furthermore, governments are adopting cost-effective methods such as strategic stock development, upstream agreements with industries for rapid conversion of assembly lines during crises, and international trade.
N95 Mask Market Insights By Geographical Regions:
Asia Pacific dominated the N95 mask market and accounted for the largest revenue share of 28.8% in 2021, on account of the rapid spread of the COVID-19 pandemic in the region and the emergence of the new omicron variant of the virus. The product demand in the Middle East and Africa is expected to grow significantly owing to high investment in the healthcare sector and high demand on account of the outbreak of the COVID-19 pandemic in the region. North America is anticipated to witness a CAGR of 8.8% in the market for N95 masks over the forecast period, on account of the ongoing COVID-19 pandemic and demand from various end-user industries to improve worker safety. Increased construction activities, along with strict safety regulations, are expected to boost the demand over the forecast period.
Industry Share Analysis By Major Manufacturers:
The market for N95 masks is highly competitive and characterized by the presence of both global and regional market participants. The industry players focus on new product developments, vertical integration along the value chain, and mergers and acquisitions to gain a competitive edge in the market. Manufacturers are also working with industry partners and government officials to deliver vital PPE during the COVID-19 epidemic. Some of the prominent players in the N95 mask market include:
- 3M
- Alpha Pro Tech
- Ansell Ltd
- Medisca Inc
- O&M Halyard
- The Gerson Company
- Cardinal Health
- Medline Industries, Inc
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N95 Mask Market Segmentation
Grand View Research has segmented the global N95 mask market on the basis of product, distribution channel, end-use, and region:
Product Outlook
- With Exhalation Valve
- Without Exhalation Valve
Distribution Channel Outlook
- Online
- Offline
End-use Outlook
- Healthcare
- Construction
- Manufacturing
- Oil & Gas
- Others
Regional Outlook
- North America
- U.S.; Canada; Mexico
- Europe
- Germany; France; Italy; Russia; U.K.; Spain
- Asia Pacific
- China; India; Japan; South Korea; Australia; Philippines
- Central & South America
- Brazil; Argentina
- Middle East & Africa
- Saudi Arabia; South Africa
Research Methodology
We employ a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. We utilize a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously.
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S. based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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