South Korea Face Shields Market Size & Outlook, 2022-2030
South Korea face shields market, 2018-2030 (US$M)
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South Korea face shields market highlights
- The South Korea face shields market generated a revenue of USD 8.0 million in 2022 and is expected to reach USD 15.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.7% 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 8.0 million |
| Market revenue in 2030 | USD 15.7 million |
| Growth rate | 8.7% (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, South Korea accounted for 1.1% 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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South Korea 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 63.75% in 2022. Horizon Databook has segmented the South Korea face shields market based on full face shield, half face shield covering the revenue growth of each sub-segment from 2018 to 2030.
Growing concerns regarding infectious diseases such as the Middle East Respiratory Syndrome (MERS) are expected to further drive investments in developing PPE with enhanced protection against virus contamination in healthcare facilities. Rising awareness regarding occupational injuries such as exposure to toxic gases and chemicals in industrial sectors are expected to drive face shields demand over the forecast period.
In addition, the Ministry of Health and Welfare (MOHW) is planning to build a central hospital that will focus on dealing with infectious diseases by 2022. Moreover, the country has made significant investments to improve its emergency preparedness capacities.
The factors mentioned above are, in turn, anticipated to drive the growth of the medical sector in the country, thereby having a positive impact on the face shields market over the forecast period. The rising number of COVID-19 cases has resulted in increasing the adoption of face shields over masks, as the former covers the entire face.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea face shields market , including forecasts for subscribers. This country databook contains high-level insights into South Korea face shields market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea face shields market size, by product, 2018-2030 (US$M)
South Korea Face Shields Market Outlook Share, 2022 & 2030 (US$M)
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