Europe N95 Masks Market
No. of Pages: 133 | Report Code: TIPRE00025339 | Category: Consumer Goods
No. of Pages: 133 | Report Code: TIPRE00025339 | Category: Consumer Goods
The Europe N95 Mask market is analyzed on the basis of three major countries: the US, Canada, and Mexico. The US holds the largest size of the N95 Mask market owing to factors such as the increasing burden of COVID19, increasing product launches are among the factors leading the market. In North America, the US is the largest market for N95 masks. The increasing hospital-acquired infections and increasing prevalence of COVID19 are among the primary drivers of the growth of this market, and the presence of significant market players in the US will accelerate the development of this market in this country. For instance, the Centers for Disease Control (CDC) has predicted that Healthcare-Acquired Infections (HAIs) estimate to infect about 1.7 million and 99,000 associated deaths each year in American hospitals annually. Increasing investments by market players and governments is the major factor driving the growth of the Europe N95 masks market.
Countries in the European regions were profoundly affected due to the COVID-19 pandemic. For instance, countries such as Italy, Spain, and France have reported the highest number of positive cases and have registered the maximum number of deaths. Various companies have undergone severe losses in the last quarter of 2019; they have also faced a negative impact in the first and second quarters of 2020. Hence, the impact of COVID 19 on the European market was immediate and drastic. The N95 mask supply chain, which is already logistically complicated, has to face new challenges.The COVID19 pandemic worst impacts hospital services. The hospitals are overloaded with COVID19 patients and other routine patients. Facial masks are an inseparable part of the hospital's consumables. It is used for patients, surgeons, healthcare staff, and visitors. Due to the ongoing pandemic situation in the European regions, the hospitals in countries such as the UK, Italy, Germany, and others are affected worst affected. There are currently facing a shortage of hospital gowns. For instance, in April 2020, the UK National Health Service (NHS) has raised the alarm regarding the PPE shortage to treat COVID 19 patients. The shortage of products in the markets can also be due to panic buying and stocking gowns. Thus, the COVID19 has a remarkable impact on the hospital gowns market in the regions.
Strategic insights for the Europe 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$ 458.34 Million |
| Market Size by 2028 | US$ 1,201.90 Million |
| Global CAGR (2021 - 2028) | 14.8% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
|
The geographic scope of the Europe 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 Europe is expected to grow from US$ 458.34 million in 2021 to US$ 1,201.90 million by 2028; it is estimated to grow at a CAGR of 14.8% from 2021 to 2028. In the last couple of years, people's perspective toward personal safety has changed drastically due to rising air pollution, airborne infection prevalence, allergy incidences, etc. Masks such as N95, reusable multilayer cloth masks, and surgical masks have become commonplace among them. Moreover, the healthcare agencies and governments recommend using masks in public places or at crowded locations such as local markets, shopping malls, and buses and trains. Thus, the changing trend towards personal safety among people and industrial end-users is expected to benefit the N95 mask market in the future.
The Europe N95 masks market is segmented on the basis of product, distribution channel, end user, and country. By product, the Europe 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 Europe 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 Europe 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; Medline Industries, Inc.; and Moldex-Metric; are among others.
The Europe N95 Masks Market is valued at US$ 458.34 Million in 2021, it is projected to reach US$ 1,201.90 Million by 2028.
As per our report Europe N95 Masks Market, the market size is valued at US$ 458.34 Million in 2021, projecting it to reach US$ 1,201.90 Million by 2028. This translates to a CAGR of approximately 14.8% during the forecast period.
The Europe 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 Europe N95 Masks Market report:
The Europe N95 Masks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe N95 Masks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe N95 Masks Market value chain can benefit from the information contained in a comprehensive market report.
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