Selbyville, Delaware, Aug. 20, 2020 (GLOBE NEWSWIRE) -- As per credible estimated, Asia Pacific protective face masks market is expected to amass USD 2 billion by the year 2026. This growth is credited to increasing cases of COVID-19, growing number of surgeries, rising cognizance of benefits of masks, and strict government guidelines regarding face masks usage.
According to the given report, Asia Pacific protective face masks market is divided with respect to product terrain, distribution channel, end-use scope, and regional landscape. The study also mentions leading organizations in this business sphere and elaborates on the product offerings, expansion strategies undertaken, and market share held by each company.
China being epicenter of the COVID-19 pandemic, recorded over 84,000 cases as of 30 April 2020, whereas India registered over 30,000 instances and the number of cases is still splurging. Numerous campaigns are being run by media and government to improve cognizance among the people regarding use of protective masks amidst the pandemic, hence bolstering product demand.
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Moreover, Asian economies such as India and China have high air pollution levels. Extensive adoption of protective masks to avert respiratory illness due to the pollution is impelling the market growth. However, less profit margins on protective masks is likely to discourage new entrants. Besides, strict government rules with respect to N95 respirators is expected to negatively impact the growth of Asia Pacific protective face masks market.
Analyzing product terrain:
As per industry experts, N95 respirators segment is projected to record 400% growth during 2019-2020, on account of high efficiency of these masks. Upsurge in production of N95 masks in APAC owing to increased demand from North American and Western European regions will stimulate the segmental share. In fact, Taiwan recently donated over 12 million face masks to nations majorly affected by the pandemic.
Outlining distribution channel:
The e-commerce segment held 24% revenue share of Asia Pacific protective face masks market in 2019. Stringent compliance of social distancing measures as well as contact-less deliveries offered by e-commerce firms is projected to drive the demand for protective face masks. Surging internet penetration along with striking discounts provided by online platforms will augment the growth of segment.
Summary of end-use scope:
Asia Pacific protective face masks industry share from hospitals & clinics segment was remunerated at USD 240 million in the year 2019. Drastic rise in COVID-19 cases and increasing surgeries are boosting the demand for protective face masks in the hospitals.
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Assessing the regional landscape:
Citing the geographical hierarchy, India protective face masks market is projected to record a growth rate of 405% during 2019-2020. Increasing instances of coronavirus coupled with growing population will accelerate the industry expansion. Moreover, mandatory use of protective face masks is fostering the demand for face masks across the nation.
Asia Pacific Protective Face Masks Market by Product Type (Revenue, USD Million, 2015-2026)
Face Shields
- Reusable
- Disposable
N95 Respirators
- With valve
- Without valve
Surgical Masks
- ASTM level 3
- ASTM level 2
- ASTM level 1
Procedure Masks
Asia Pacific Protective Face Masks Market by Distribution Channel (Revenue, USD Million, 2015-2026)
- Online stores
- Pharmacies
- Distributors
Asia Pacific Protective Face Masks Market by End-use spectrum (Revenue, USD Million, 2015-2026)
- Individuals
- Hospitals & Clinics
- Research Institutions
- Long-term Care Centers
- Ambulatory Surgical Centers
- Others
Asia Pacific Protective Face Masks Market Regional Terrain (Revenue, USD Million, 2015-2026)
- Japan
- China
- Australia
- India
- Taiwan
- South Korea
- Malaysia
- Vietnam
- Philippines
- Singapore
- Thailand
Asia Pacific Protective Face Masks Market Competitive Hierarchy (Revenue, USD Million, 2015-2026)
- Yokoisada Philippines Corporation
- Kowa Company Ltd.
- Makrite
- Motex Group
- Honeywell International Inc.
- Henry Schein Inc.
- Thermo Fisher Scientific
- Detmold Group
- Dentsply Sirona Inc.
- Cardinal Health Inc.
Table of Content:
Chapter 1. Methodology
1.1. Definition and forecast parameters
1.2. Data sources
1.3. References & sources
Chapter 2. Executive Summary
2.1. Asia Pacific protective face masks industry summary, 2015 - 2026
2.1.1. Country trends
2.1.2. Product trends
2.1.3. Distribution trends
2.1.4. End-use trends
Chapter 3. Industry Insights
3.1. Industry segmentation
3.2. Industry outlook, 2015 - 2026
3.3. Major factor analysis
3.4. COVID-19 impact analysis
3.5. Porter’s analysis
3.6. Competitive review, 2019
Chapter 4. Asia Pacific Protective Face Masks Market Share, By Test Type
4.1. Key trends in Asia Pacific protective face masks, by product
4.2. Procedure masks
4.3. Surgical masks
4.4. N95 respirators
4.5. Face shields
Chapter 5. Asia Pacific Protective Face Masks Market Size, By Distribution Channel
5.1. Key trends in Asia Pacific protective face masks, by distribution channel
5.2. Distributors
5.3. Pharmacies
5.4. Online stores
Chapter 6. Asia Pacific Protective Face Masks Market Growth, By End-use
6.1. Key trends in Asia Pacific protective face masks, by end-use
6.2. Hospitals & clinics
6.3. Ambulatory surgical centers
6.4. Long-term care centers
6.5. Research institutions
6.6. Individuals
6.7. Others
Chapter 7. Asia Pacific Protective Face Masks Market Trends, By Country
Related Report:
Protective Face Masks Market Size, Growth Potential, Trends, Competitive Market Share & Forecast, 2020 - 2026
Global Protective Face Masks Market Size to grow with a healthy CAGR 2020 and 2026. As the COVID-19 crisis intensifies with a growing number of cases across the globe, several health authorities such as the WHO and the CDC have advised the use of protective masks to reduce the chance of infection. Furthermore, due to the rising number of cases, there has been a global surge in demand of masks for medical personnel. To meet this demand, manufacturers across the globe have ramped up the production.
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