South Korea N95 Mask Market Size & Outlook, 2022-2030
South Korea n95 mask market, 2018-2030 (US$M)
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South Korea n95 mask market highlights
- The South Korea n95 mask market generated a revenue of USD 101.7 million in 2022 and is expected to reach USD 205.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9.2% from 2023 to 2030.
- In terms of segment, without exhalation valve was the largest revenue generating product in 2022.
- With exhalation valve is the most lucrative product segment registering the fastest growth during the forecast period.
N95 mask market data book summary
| Market revenue in 2022 | USD 101.7 million |
| Market revenue in 2030 | USD 205.6 million |
| Growth rate | 9.2% (CAGR from 2022 to 2030) |
| Largest segment | Without exhalation valve |
| Fastest growing segment | With exhalation valve |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | With exhalation valve, Without exhalation valve |
| Key market players worldwide | 3M Co, Alpha Pro Tech Ltd, Ansell Ltd, Owens & Minor Inc, Cardinal Health Inc, Medline Industries, Kimberly-Clark Corp, Honeywell International Inc, Moldex-Metric, Inc., Crosstex International |
Other key industry trends
- In terms of revenue, South Korea accounted for 3.6% of the global n95 mask market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China n95 mask 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 297.0 million by 2030.
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N95 Mask Market Scope
N95 Mask Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea n95 mask 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 n95 mask market will help companies and investors design strategic landscapes.
Without exhalation valve was the largest segment with a revenue share of 82.5% in 2022. Horizon Databook has segmented the South Korea n95 mask market based on with exhalation valve, without exhalation valve covering the revenue growth of each sub-segment from 2018 to 2030.
Primary industries contributing to the economic growth of South Korea include electronic equipment, vehicle manufacturing, medical, plastics, and iron & steel sectors. Rising investment in steel manufacturing and energy systems is expected to remain the region's key driver for industrial growth.
Furthermore, growing concerns regarding occupational respiratory hazards due to toxic gases and harmful dust particles are expected to drive the demand for respiratory protective equipment, positively impacting the demand for N95 masks over the forecast period.
The country's status as a technological powerhouse significantly impacts the N95 mask market. South Koreans are quick to embrace technological advancements, and this inclination extends to their choice of protective gear.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea n95 mask market , including forecasts for subscribers. This country databook contains high-level insights into South Korea n95 mask market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea n95 mask market size, by product, 2018-2030 (US$M)
South Korea N95 Mask Market Outlook Share, 2022 & 2030 (US$M)
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