Malaysia Face Shields Market Size & Outlook, 2022-2030
Malaysia face shields market, 2018-2030 (US$M)
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Malaysia face shields market highlights
- The Malaysia face shields market generated a revenue of USD 6.5 million in 2022 and is expected to reach USD 13.5 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 9.6% from 2023 to 2030.
- In terms of segment, full face shield was the largest revenue generating product in 2022.
- Full Face Shield is the most lucrative product segment registering the fastest growth during the forecast period.
Face shields market data book summary
| Market revenue in 2022 | USD 6.5 million |
| Market revenue in 2030 | USD 13.5 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Full face shield |
| Fastest growing segment | Full Face Shield |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, Malaysia accounted for 0.9% of the global face shields market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China face shields market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 26.2 million by 2030.
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Face Shields Market Scope
Face Shields Market Companies
| Name | Profile | # Employees | HQ | Website |
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Malaysia face shields market outlook
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 63.08% in 2022. Horizon Databook has segmented the Malaysia 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 the Department of Occupational and Health Safety (DOSH), the highest number of accidents in Malaysia is recorded by the manufacturing sector. As a result, several stringent regulations and laws have been enforced in the country to lower the risks and improve the working conditions for employees.
This has resulted in boosting the demand for PPE, including head, eye, and face safety products, protective footwear, and gloves in the country. Increasing focus by the government on improving the public healthcare sector in the country is expected to have a positive impact on market growth.
For instance, the Malaysian government had allocated USD 7 billion for the public healthcare sector, out of which USD 2.6 billion was allocated for upgrading, development, and maintenance of existing healthcare facilities as well as the procurement of medicine and medical equipment in 2019.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia face shields market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia face shields market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia face shields market size, by product, 2018-2030 (US$M)
Malaysia Face Shields Market Outlook Share, 2022 & 2030 (US$M)
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