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Face Shield Market Projected To Hit $2.4 billion By 2031 | Growth With Recent Trends & Demand

08-31-2023 09:44 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: allied market research

Face Shield Market Projected To Hit $2.4 billion By 2031 | Growth

Face shield is a personal protective equipment (PPE) that is used to protect the wearer's entire face of its parts from hazards such as road debris and flying objects, splashes, and other potentially infectious materials. It finds application in a wide range of end-use industries including medical, automotive, aerospace, manufacturing industries, oil & gas, construction, marine, and others.
The global face shield market was valued at $1.3 billion in 2021, and is projected to reach $2.4 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

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The growth of the global face shield market is driven by increase in demand for healthcare sectors wherein face shields are widely used for hazard protection activities. In addition, rise in demand for both residential & commercial facilities have surged the growth of construction sector, which in turn has escalated the demand for face shields used to protect from optical radiation produced during cutting, welding, and other activities. This is projected to foster the demand for face shield market during the forecast period.

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Increasing demand for consumer goods has surged the establishment of chemical manufacturing facilities in both developed and developing economies where face shields are widely used to protect from the exposure of hazardous and toxic chemicals, fumes, and other harmful gases. This may act as one of the key drivers responsible for the growth of the face shield market in the growing manufacturing sector.

Furthermore, agencies such as Occupational Safety and Health Administration (OSHA), European Union, and others have mandated the use of full-face shields in industries dealing with harmful chemicals. This has surged the popularity of face shields among several end-use sectors; thus, fueling the market growth.

Key Market Players:
The 3M Company, Precept Medical Products, Inc., Honeywell International Inc., Printex Transparent Packaging, Alpha Pro Tech Ltd., KARAM, Sanax Protective Products, Kimberly-Clark Worldwide, Inc., pyramex safety products, Casoc Bay Molding, JBC Technologies, Inc., Vee Protect, key surgical, Lakeland Inc., Medline Industries, LP

IMPACT OF COVID-19 ON THE GLOBAL FACE SHIELD MARKET
• The face shield market is expected to recover rapidly post COVID-19 situation due to emerging geographic scenarios, enhanced domestic supply chain, and strong public investments that are projected to drive the growth of face shield market in the growing construction sector. For instance, according to an interim report for the 2021 Australian infrastructure plan, the Australian Construction Industry Forum (ACIF) expects the construction industry to return to pre-COVID-19 levels by 2022-23, driven by strong public investments. This is predicted to boost the growth of the face shield market during the forecast period.
• Furthermore, both developed and developing countries have increased their spendings for the development of healthcare sector which in turn may enhance the demand for face shields used for the protection of the facial area of both health professionals and workers from plashes, sprays, and spatter of body fluids.
• Moreover, several local players have arrived in the manufacturing of face shields owing to the increasing demand for face shields and other protective equipment during the COVID-19 period. This factor has eased the availability of face shields at relatively low prices.

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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