N95 Mask Market Size, Share & Trends Analysis Report By Product (With Exhalation Valve, Without Exhalation Valve), By End-Use (Healthcare, Construction, Oil & Gas, Manufacturing), By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global N95 mask market size was estimated at USD 2.80 billion in 2022 and is expected to expand at a compounded annual growth rate (CAGR) of 9.2% from 2023 to 2030. The growth is expected to be driven by the ongoing COVID-19 pandemic, worker safety, rising cases of infectious biological diseases worldwide, and stringent mask regulations which have increased demand for N95 masks. The global economic recovery has been jolted by the quick emergence of the omicron strain in 2021. High transmissibility and ability to infect the vaccinated may lead to the imposition of lockdown and cause supply chain disruptions. Furthermore, increased demand for respirators and masks, combined with stringent respiratory safety standards in various end-user industries, is projected to drive the N95 mask market.

Before the COVID-19 pandemic, the U.S. consumed around 50 million N95 masks each year, according to the Department of Defense. During the pandemic, demand rose to around 140 million during a 90-day peak-use period in 2020. Furthermore, the country is set to distribute around 400 million free N95 masks from its Strategic National Stockpile in February 2022.

The oil & gas sector is experiencing positive growth as energy consumption is returning to pre-crisis levels coupled with economic rebound and lower gas prices. Growing concerns regarding airborne contaminants including smoke, carbon monoxide, and toxic gases in and petrochemical and oil & gas industries are expected to boost demand for N95 masks over the forecast period.

The manufacturers have collaborated with distributors for expanding their market reach in various regions. N95 masks are also distributed to end users globally through online and offline distribution channels. Some of the key distributors include Henry Schein, Inc.; Fisher Scientific; VWR International, LLC; Amazon.com, Inc.; W.W. Grainger, Inc.; and Westnet, Inc.

The market is characterized by the presence of well-established global, as well as regional players, that have a broad product portfolio, extensive distribution networks, and large financial capacities, which is expected to demotivate new entrants. However, the growing product demand on account of the COVID-19 pandemic outbreak, coupled with their shortages, is expected to attract new players to the market.

Product Insights

N95 masks without exhalation valves accounted for 78.5% of the global revenue share in 2022 owing to the high efficiency of protection provided during breathing. Various health ministries in countries such as India, the U.S., Italy, Germany, the U.K., and Brazil are promoting the use of such products even though valve masks provide additional inhaling protection and do not spread the virus from an infected individual to the community.

N95 masks without exhalation valves are a type of respiratory protection equipment that is meant to give a closer face fit and particularly efficient filtration of airborne particle matter. The N95 design indicates that the product can block at least 95% of very small test particles. These products are not equipped with a valve.

N95 masks with exhalation valve segments are likely to grow at a CAGR of 10.6% during the forecast period. The product demand is forecasted to grow as a result of the COVID-19 pandemic since they help filter out impurities while breathing and prevent the uncomfortable buildup of carbon dioxide and heat in the masks, increasing the comfort level of the wearer.

N95 masks with an exhalation valve are non-oil masks used in non-oil environments that are capable of filtering about 95% of particles with a 0.3 microns size, including dust, odors, and mists. These products contain a connected exhalation valve that assists in lowering exhalation resistance thus making breathing easier.

Distribution Channel Insights

The offline segment led the market and accounted for 55.2% of the global revenue share in 2022 owing to the long-term existence of numerous traditional distribution channels, such as drug shops, hospital pharmacies, and retail stores. Furthermore, due to the global spread of the COVID-19 pandemic, these offline modes have begun supplying critical protective equipment and treatments.

Several market leaders, including 3M; Ansell Ltd.; Cardinal Health; O&M Halyard Crosstex International Inc.; and The Gerson Company, are collaborating closely with hospitals, franchise drug stores, and retail stores such as Walmart to ensure an adequate supply of masks and other medical essentials.

The online distribution channel is likely to grow at a CAGR of 11.4% during the forecast period. This segment's growth is predicted to be driven by the rapidly expanding adoption of internet and e-commerce platforms in economies of transition such as India, Brazil, China, and Indonesia. Manufacturers of N95 masks are using an online distribution network to supply items and take orders, either through third-party or their own websites.

Due to the outbreak of the novel coronavirus, governments in various countries across the globe are promoting the purchase of essential products, such as N95 masks, through online portals to prevent transmission of the virus by maintaining norms of lockdown and social distancing, as well as to have easy access to personal protective equipment.

End-user Insights

The construction end-use segment led the market and accounted for 29.1% of the global revenue share in 2022. The construction industry is one of the largest end-user of N95 masks as they are used to protect construction workers from fumes, vapors, dust, and gases, along with common hazards including silica dust and asbestos exposure when performing remediation or demolition work.

Healthcare end-use is likely to grow at a CAGR of 11.3% over the forecast period. In the wake of the COVID-19 pandemic, the demand for N95 masks has increased considerably in the healthcare industry. single-use, disposable N95 respiratory protection devices worn by healthcare staff during procedures to protect both the patient and the healthcare personnel from the spread of germs, particulate material, and bodily fluids.

Manufacturing industries include iron and steel, textiles, chemicals, paper & pulp, and food & beverages. The increasing coronavirus outbreak has damaged all steel and metal commodities. Stringent workplace safety and health standards across manufacturing industries is expected to boost demand.

The mining industry is one of the top consumers of N95 masks to improve worker safety as mining sites contain airborne contaminants including silica, diesel particulate matter, coal dust, and radioactive particles such as thorium, uranium, and radium. Growing energy demand for coal and other rare earth minerals globally is expected to create demand during the forecast period.

Regional Insights

The Asia Pacific N95 mask market accounted for a 46.2% share of global revenue in 2022, on account of the rapid spread of the COVID-19 pandemic in the region and the emergence of a new omicron variant of the virus. Furthermore, governments in several countries have enforced the use of respirator protective equipment across industries to limit the virus's transmission, which is projected to be a major driver of the region's market during the assessment period.

The product demand in the Middle East & Africa is expected to grow significantly owing to high investment in the healthcare sector and high demand on account of the outbreak of the COVID-19 pandemic in the region. The Gulf Cooperation Council (GCC) has over 700 healthcare projects, such as King Khalid Medical City in Saudi Arabia and Dubai Healthcare City, worth USD 60.9 billion in the pipeline are expected to have a positive impact on the market growth.

North America is anticipated to grow at a CAGR of 8.8% during the forecast period, on account of the ongoing covid-19 pandemic and demand from various end-user industries to improve worker safety. Moreover, rising healthcare expenditure and growing awareness about healthcare-acquired infections, and a growing elderly population among healthcare workers are anticipated to have a positive impact on the market.

The regulations about employee safety in the European Union are stringent. In Spain, increased tourism, retail trade, and business turnover are projected to boost commercial construction, including hotels & restaurants, shopping malls, resorts, supermarkets, and offices. Increased construction activities, along with strict safety regulations, are expected to boost the demand for N95 masks during the forecast period.

Key Companies & Market Share Insights

The global N95 masks industry is highly competitive and characterized by the presence of both global and regional market participants. The industry players focus on new product developments, vertical integration along the value chain, and mergers & acquisitions to gain a competitive edge in the market.

The COVID-19 pandemic has had a substantial impact on various countries throughout the world, driving up demand for N95 masks. As a result, some manufacturers such as 3M and Honeywell have raised their manufacturing production to meet the rising demand for the product. Manufacturers are also working with industry partners and government officials to deliver vital PPE during the COVID-19 epidemic. Some prominent players in the global N95 mask market include:

• 3M

• Alpha Pro Tech

• Ansell Ltd

• Medisca Inc

• O&M Halyard

• The Gerson Company

• Cardinal Health

• Medline Industries, Inc

• Kimberly-Clark Corporation

• Honeywell International Inc

• Moldex-Metric

• Makrite

• Prestige Ameritech

• Crosstex International, Inc.

• Shanghai Dasheng Health Products Manufacture Company, Ltd.

N95 Mask Market Report Scope

Global N95 Mask Market Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global N95 mask market report based on product, distribution channel, end-use, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • With Exhalation Valve

  • Without Exhalation Valve

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Online

  • Offline

• End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Healthcare

  • Construction

  • Manufacturing

  • Oil & Gas

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • Russia

    • U.K.

    • Spain

    • Netherlands

    • Turkey

  • Asia Pacific

    • China

    • India

    • Japan

    • South Korea

    • Australia

    • Philippines

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • South Africa