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Monday, October 9, 2023

Global N95 Mask Market is anticipated to grow at a CAGR of 7.8% during 2024 to 2030

The future of the global N95 mask market looks promising with opportunities in the healthcare, construction, manufacturing, and oil & gas markets. The global N95 mask market is expected to reach an estimated $4 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are rising cases of airborne diseases, growing air pollution, and emergence of 3D printed masks.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the N95 mask market by product type (with exhalation valve and without exhalation valve), usability (reusable and disposable), application (respiratory safety, infectious diseases, allergies, and surgeries), end use industry (healthcare, construction, manufacturing, oil & gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, with exhalation valve and without exhalation valve are the major segments of N95 mask market by product type. Lucintel forecasts that without exhalation valve is expected to witness highest growth over the forecast period due to its significant application as precise facial fit and particularly efficient filtration of airborne particle matter. Within this market, construction is expected to witness highest growth over the forecast period due to substantial use of N95 masks among constructional workers to protect from fumes, vapors, dust, gases, and asbestos exposure.

APAC is expected to witness highest growth over the forecast period due to rising population demand for respirator protective equipment and presence of key manufacturing hub in the region.

3M, Alpha Pro Tech, Ansell, Medisca, O&M Halyard, The Gerson Company, Cardinal Health, Medline Industries, Kimberly-Clark, and Honeywell are the major suppliers in the N95 mask market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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