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MEA N95 Masks Market
No. of Pages: 115 | Report Code: TIPRE00025351 | Category: Consumer Goods
No. of Pages: 115 | Report Code: TIPRE00025351 | Category: Consumer Goods
Middle East & Africa consists of three major countries namely United Arab Emirates (UAE), Saudi Arabia and South Africa. UAE is the largest market for N95 Masks. The market is driven by the factors such as increasing government initiatives and rising in prevalence of respiratory disease. Saudi Arabia's N95 mask market is anticipated to witness a strong upsurge in the revenues during the forecast period on the back of growing consumer awareness regarding personal hygiene, rise in air pollutants, and deleterious viruses. Moreover, the fine, ranging from $226 to $2666, imposed by Saudi Ministry of Interior (MOI) due to the COVID outbreak, on those who don’t wear masks would contribute significantly to the demand for masks in the country during 2020-21. However, rising prevalence of counterfeit products, both in physical stores and on online platforms, and instances of numerous producers labeling their products with fake brand names of reputed medical supply manufactures, are expected to restrain market growth in the next few years. Tremendous growth potential in developing economies is the major factor driving the growth of the MEA N95 masks market.
The COVID-19 pandemic has hit already stagnant and macroeconomically fragile economies in the Middle East and North Africa (MENA) through lockdown measures, interrupted supply chains, dramatic declines in tourism revenues and labour remittances, and temporarily low oil prices. Iran was one of the early victims of the pandemic, with a first wave of fatal cases as early as March 2020. However, the pandemic has positively impacted the market. The Ministry of Health (MOH) has launched an awareness campaign under the theme “Oyounak Takfi”, with the aim of reminding all community members about the importance of wearing the face mask everywhere to curb the spread of the COVID-19 infection. Moreover, the Iranian government announced in 2020 that it is to launch West Asia’s largest N95 mask plant with a production capacity of 4 million per day, relying on electrospun nanofiber technology. The plant will reduce the demand for imports now that the world is in drastically short supply of face masks to manage the ongoing coronavirus outbreak. According to other officials, the face mask output of the plant in Eshtehard, which could go beyond 4 million a day, would be double the current production capacity for the personal protective equipment (PPE) in entire Iran. Collectively, the rising cases of covid and government support along with awareness regarding the use of masks will foster the market growth in the study period.
Strategic insights for the MEA 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$ 317.62 Million |
Market Size by 2028 | US$ 783.20 Million |
Global CAGR (2021 - 2028) | 13.8% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product
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Regions and Countries Covered | Middle East and Africa
|
Market leaders and key company profiles |
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The geographic scope of the MEA 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 MEA is expected to grow from US$ 317.62 million in 2021 to US$ 783.20 million by 2028; it is estimated to grow at a CAGR of 13.8% 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 MEA N95 masks market is segmented on the basis of product, distribution channel, end user, and country. By product, the MEA 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 MEA 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 MEA 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; and Medline Industries, Inc.are among others.
The MEA N95 Masks Market is valued at US$ 317.62 Million in 2021, it is projected to reach US$ 783.20 Million by 2028.
As per our report MEA N95 Masks Market, the market size is valued at US$ 317.62 Million in 2021, projecting it to reach US$ 783.20 Million by 2028. This translates to a CAGR of approximately 13.8% during the forecast period.
The MEA 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 MEA N95 Masks Market report:
The MEA N95 Masks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The MEA N95 Masks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the MEA N95 Masks Market value chain can benefit from the information contained in a comprehensive market report.