N95 Medical Protective Masks Market Report 2020: Analysis of Rising Business Opportunities with Prominent Investment Ratio by 2026

Fairfield Market Research has estimated the global N95 medical protective masks market to grow from US$ 1,159.4.0 Mn in 2020 to US$1,994.8.0 Mn by 2026, registering an astounding CAGR of 9.5% during the forecast period. The principal causes pushing the growth of the face mask market comprise the outbreak of the COVID-19 pandemic, the increase in user awareness concerning the significance of face masks, and the social media outpour to support the trend of wearing masks.

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The onslaught of new variants of the coronavirus across the globe has increased the use of facemasks for protection against infection and curbing spread of the virus. Governments of all countries have mandated the use of face masks as a personal and public health measure. N95 protective face masks provide the highest level of protection against infections transmitted through breathing. They filter out large and small particles at the time of inhalation.

Hence, these masks have been increasingly employed to control transmission of the virus in social communities and healthcare facilities. The World Health Organization (WHO) reported the need to increase mask production by 40% in order to satiate global demands. As governments continue to levy mask restrictions, nations are restricting exports in order to meet local demand, thus, causing shortages in countries depending upon imported stocks. Rising demand for N95 protective face masks has rendered a process of increased production, globally.

Manufacturing Companies are Benefitting from Growing Sales of Face Masks
1. 3M Company (US)
2. Kimberly-Clark (US)
3. Cardinal Health Inc. (US)
4. Alpha Pro Tech Ltd. (Canada)
5. Ambu A/S (Denmark)
6. Cantel Medical Corp. (US)
7. Honeywell International Inc. (US)
8. Owens & Minor Inc. (US)
9. Shanghai Dasheng Health Products Manufacture Co. Ltd (China)
10. Medline Industries Inc. (US).

Awareness Among Heterogeneous Communities is Rapidly Driving Growth across the N95 Medical Protective Mask Market

A major driver of market demand for N95 medical protective masks is community awareness. The general public wants the pre-pandemic normalcy back. The only way to achieve this is through curbing the spread of the novel coronavirus. As communities start adapting to a 'face- covered' norm, they opt for face masks that can offer the highest level of protection. Hence, the ever increasing use of N95 medical protective masks over the past couple of years holds strong logical foundation. Companies like Facebook have joined hands with WHO in order to motivate a positive outlook toward the use of masks among the online community.

Similarly, the emergence of new covid-19 variants is foreseeing a long way ahead into the pandemic. With this battle in mind, people and medical staff are gearing up on their protection in order to secure communities from a viral spread of the virus.

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North America Transcends as Leading Regional Segment across N95 Medical Protective Mask Market

North America, followed by Europe, is projected to witness a secure growth in the market for medical protective mask market during the forecast period. This owes to the growing demand for healthcare services and urgent need for infection control in the region. Increasing number of patients in countries of Asia Pacific is increasing the demand for effective protective gear in
the region. Furthermore, strict government guidelines for mask-usage is promoting the sale of N95 in countries like India and China.

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