N95 Mask Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (With exhalation valve, Without exhalation valve) and Distribution Channel (Online, Offline (Pharmacy Store, Others)), And By Geography - Forecasts From 2022 To 2027

The N95 mask market is expected to grow at a CAGR of 13.28% over the forecast period to reach a total market size of US$2,442.308 million by 2027, increasing from US$1,020.057 million in 2020.

N95 is widely used as a protective mask designed to achieve close facial fit with efficient filtration of airborne particles. It is designated as “N95” because it blocks at least ninety-five percent of small test particles (0.3 microns). Increasing air pollution all around the globe is expected to drive the growth of the market during the forecast period. However, the availability of substitutes is anticipated to restrain the growth of the market in the coming years. For instance, Cummins and DuPont recently partnered to make an N95 mask alternative to support healthcare workers meeting the growing demand for respirator masks.

Rising air pollution

The unhealthy air quality is a warning of air pollution that has gripped the entire world, and the polluted air is leading to a number of health problems. According to the World Bank, air pollution kills nearly seven million people every year. The combined impact of outdoor and indoor pollution causes 7 million premature deaths, largely as a result of increased mortality from stroke, chronic obstructive pulmonary disease, heart disease, lung cancer, and acute respiratory infections. While all the countries are affected, rapidly growing cities in South East Asia and the western pacific are the most affected, with many showing pollution levels at least five times the World Health Organisation recommended levels.

Increasing per capita healthcare spending in various developing countries

It is considered one of the prime drivers for the growth of the market during the forecast period. According to the Organisation for Economic Co-operation and Development data, the per capita healthcare spending in Indonesia has increased from 162 USD in 2008 to nearly 350 USD by the end of 2018. Both public and private players are investing heavily in developing countries to meet the growing demand for the N95 mask as health awareness grows.

Recent update

• In October 2021, Shawmut Corporation and the Fallon Company, the former's N95 mask production investor, launched NIOSH-approved Protex N9 masks. To accommodate the surge of demand for domestically produced PPE, the former expanded its production lines with a target of producing up to 10 million masks per month by year's end. 
• In June 2021, Aegle, a US-based PPE manufacturer, and the health-tech firm launched the first NIOSH and N95-approved mask that employs identification and traceability technology. In order to stop counterfeiting and guarantee that every mask sold is reliable, transparent, and authentic, every box case and lot contains an integrated NFC chip.
• In April 2021, Team Technologies completed its acquisition of ViruDefense Inc., a US-based supplier of domestically produced N95 masks, for undisclosed terms and conditions. Through this acquisition, the former aims to expand its product portfolio.
• March 2020: Honeywell renowned N95 mask manufacturer is seeking to raise a term loan of nearly US$5 billion and is ramping up its production facility of N95 masks in the United States and is expected to hire nearly five hundred workers in response to the COVID-19 pandemic that has led to the shortage of respirator mask around the globe.
• In the United States of America, The Department of Health and Human Services in March 2020 stated that the country has a stockpile of roughly thirty million N95 respirators; however, it may need up to three hundred million due to the coronavirus pandemic. To meet this growing demand 3M’s largest manufacturing facility in Aberdeen, South Dakota, more than six-fifty employees are working overtime to increase production. The research, development, and lab management company Battelle recently received special emergency authorization from the U.S. healthcare regulator (FDA) to put into use a system to decontaminate used N95 respirator masks using concentrated hydrogen peroxide.
• The Trump administration in April 2020, finalized a deal with 3M one of the global leaders in N95 production headquartered in the US, to import 166.5 million N95 respirator masks into America from abroad.

North America is forecasted to hold dominant share in the market

By geography, the N95 mask market is segmented into North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. The N95 mask market in North America is estimated to hold a significant share in 2019 and is anticipated to grow rapidly on account of rising health awareness coupled with the growing prevalence of coronavirus, which is expected to significantly impact the market in the short term in countries like the United States and Canada in the region. Simultaneously, the region is the home of the world’s largest pharmaceutical companies, and with the high hygiene standards for healthcare professionals among the American population; the market is anticipated to witness substantial growth in North America. Similar trends are expected to be seen in the European region. Italy is one of the worst affected countries due to COVID-19 and has imported more than fifteen million N95 masks from China in just one month. The Asia-Pacific region is also expected to provide good growth opportunities on account of rising air pollution in countries like India and China, coupled with increasing healthcare expenditure in the region.

COVID-19 Insights

COVID-19 had a positive impact on the Global N95 Masks Market. The rapid spread of the pandemic led to increased demand for N95 masks, as they can prevent the entry of micron-sized particles and were said to be effective against the COVID virus. Subsequently, multiple governmental organizations and healthcare firms increased investments to boost the production of masks, fueling the market size.

N95 Mask Market Scope:

Segmentation:

• By Type
  • With exhalation valve
  • Without exhalation valve
• By Distribution Channel
  • Online
  • Offline
    • Pharmacy Store
    • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Taiwan
    • Others

Frequently Asked Questions (FAQs)

Q1. What will be the N95 mask market size by 2027?
A1. The N95 mask market is expected to reach a market size of US$2,442.308 million in 2027. 

Q2. What are the growth prospects for the N95 mask market?
A2. The global N95 mask market is expected to grow at a CAGR of 13.28% over the forecast period. 

Q3. What is the size of the N95 mask market?
A3. N95 Mask Market was valued at US$1,020.057 million in 2020. 

Q4. Which region holds the largest market share in the N95 mask market?
A4. North America is estimated to hold a significant share in the N95 mask market on account of rising health awareness coupled with the growing prevalence of coronavirus. 

Q5. What factors are anticipated to drive the N95 mask market growth?
A5. Increasing air pollution all around the globe is expected to drive the N95 mask market growth during the forecast period.

3M Company

Honeywell

Prestige Ameritech

Kimberly-Clark

Vega corporation Co

JIANGSU TEYIN IMP. & EXP. CO.,LTD

Moldex-Metric.

Alpha Pro Tech

Makrite

Reckitt Benckiser