Market revenue in 2022 | USD 147.8 million |
Market revenue in 2030 | USD 280.6 million |
Growth rate | 8.3% (CAGR from 2022 to 2030) |
Largest segment | Full face shield |
Fastest growing segment | Full Face Shield |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Full Face Shield, Half Face Shield |
Key market players worldwide | 3M Co, Honeywell International Inc, Alpha Pro Tech Ltd, Kimberly-Clark Corp, Lakeland Industries Inc, MSA Safety Inc, Aspen Group Inc, Prestige Consumer Healthcare Inc, Steris PLC, Medline Industries, Casco Bay Molding, Pyramex Safety Products, Sanax Protective Products, KARAM, Gateway Safety |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to face shields market will help companies and investors design strategic landscapes.
Full face shield was the largest segment with a revenue share of 61.3% in 2022. Horizon Databook has segmented the Asia Pacific face shields market based on full face shield, half face shield covering the revenue growth of each sub-segment from 2018 to 2030.
According to a report by the International Monetary Fund (IMF) titled “Regional Economic Outlook: Asia and Pacific,” published in October 2019, Asia Pacific was the fastest-growing economic region globally, contributing to over two-thirds of the global economic growth.
However, on account of the recent outbreak of the COVID-19 pandemic in Asia Pacific as well as across the globe, the economic growth in the region is expected to be severely affected in 2020. According to the IMF, the growth in Asia is likely to stall at zero percent in 2020.
Apart from the pandemic, other factors contributing to this situation include global economic slowdown. Moreover, factors such as the deepening U.S.–China trade tensions and regional tensions such as the bilateral relationship of South Korea and Japan are anticipated to have a negative impact on the overall economic growth of the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific face shields market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific face shields market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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