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Asia Pacific N95 Masks Market
No. of Pages: 129 | Report Code: TIPRE00025334 | Category: Consumer Goods
No. of Pages: 129 | Report Code: TIPRE00025334 | Category: Consumer Goods
Asia Pacific N95 Masks market is analyzed based on the five major countries such as China, Japan, India, Australia, South Korea, and the rest of Asia Pacific. The Asia Pacific region is expected to be the fastest-growing region among all other regions. The growth of the market in the Asia Pacific region is expected to grow at a faster pace owing to factors such as growth of the face mask market include the outbreak of the COVID-19 pandemic, the rise in consumer awareness pertaining to the importance of face masks, and the surge in social media marketing to encourage a positive attitude towards wearing masks. Additionally, developing healthcare infrastructure and increasing investments in order to boost the manufacturing capacities are projected to drive the Asia Pacific N95 masks market during the forecast period. Continuous demand for respiratory protective equipment is the major factor driving the growth of the APAC N95 masks market.
In case of COVID-19, APAC is highly affected specially India. According to the World Health Organization (WHO), “COVID-19 spreads primarily through droplets generated when an infected person coughs, sneezes or speaks. Surgical masks and N95 respirators are used to prevent the spread of respiratory infections. They are part of the personal protective equipment (PPE) used by health workers and are different from other types of masks used to protect from pollution or dust. As the coronavirus is transmitted via droplets of fluid from the nose or mouth, face masks are essential for health workers who are in direct contact with infected patients. In February 2020, Guan Xunze’s company created a new mask factory in just eleven days. The factory, with five production lines in northeastern China, made the much-needed N95 face masks which were in huge demand as infection numbers surged. Further, Honeywell has added a N95 face mask production line at our Fulgaon facility in India to help support frontline healthcare workers, emergency responders and government organizations responding to the COVID-19 pandemic. Additionally, As for N-95 masks, the country has gone from producing 2 million units per month to nearly 25-30 million units per month. There are currently 241 manufacturers of N95 masks in the country, and exports have been allowed. India has become a significant manufacturer of N-95 masks in a short time span. However, the use of surgical mask instead of N95 in the region will have a negative impact on the market. For instance, currently, of the 200 million masks China makes a day, only 600,000 are N95 standard masks, used by medical personnel, according to the National Development and Reform Commission, a state planning body. Provincial regulators have granted dozens of new licenses to open additional factories capable of producing top-grade masks, including those that meet the standards for use by health-care professionals.
Strategic insights for the Asia Pacific N95 Masks provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 420.82 Million |
Market Size by 2028 | US$ 1,132.94 Million |
Global CAGR (2021 - 2028) | 15.2% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
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Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
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The geographic scope of the Asia Pacific N95 Masks refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The N95 masks market in APAC is expected to grow from US$ 420.82 million in 2021 to US$ 1,132.94 million by 2028; it is estimated to grow at a CAGR of 15.2% from 2021 to 2028. COVID-19 is a contagious disease that is transmitted through the nasal and oral cavity. Since its emergence, SARS-CoV-2, the causative agent, has undergone mutation a couple of times, which has added to the severity of the COVID-19 pandemic. Right from the initial phases of this crisis, the World Health Organization (WHO), as well as health authorities from many countries, have been instructing healthcare professionals and the general public to use facial masks that lessen the chances of viral transmission from infected persons or carriers to healthy populations. Thus, the demand for masks has increased exponentially since 2020. The governments and regulatory bodies are insisting on the continuous use of masks in public places. As a result, the demand for the N95 masks has also increased. Thus, the huge prevalence of COVID-19 is a major factor boosting the N95 mask market.
The APAC N95 masks market is segmented on the basis of product, distribution channel, end user, and country. By product, the APAC N95 masks market is bifurcated into without exhalation valve and with exhalation valve. The without exhalation valve segment dominated the market in 2020 and with exhalation valve segment is expected to be the fastest growing during the forecast period. On the basis of distribution channel, the N95 masks market is segmented into offline and online. The offline segment dominated the market and online segment is expected to be the fastest growing during the forecast period. By end user, the APAC N95 masks market is segmented into construction; manufacturing; healthcare; mining, oil and gas; and others. The construction segment dominated the market in 2020 and healthcare segment is expected to be the fastest growing during the forecast period.
A few major primary and secondary sources referred to for preparing this report on N95 masks market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M COMPANY; ALPHA PRO TECH, LTD.; Ansell Limited; Cardinal Health Inc; Honeywell International Inc.; Kimberly-Clark Corporation; Medisca Inc; and Medline Industries, Inc are among others.
The Asia Pacific N95 Masks Market is valued at US$ 420.82 Million in 2021, it is projected to reach US$ 1,132.94 Million by 2028.
As per our report Asia Pacific N95 Masks Market, the market size is valued at US$ 420.82 Million in 2021, projecting it to reach US$ 1,132.94 Million by 2028. This translates to a CAGR of approximately 15.2% during the forecast period.
The Asia Pacific N95 Masks Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific N95 Masks Market report:
The Asia Pacific N95 Masks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific N95 Masks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific N95 Masks Market value chain can benefit from the information contained in a comprehensive market report.