Asia Pacific Protective Face Masks Market by Size, Growth, Opportunity and Forecast to 2026

Noble Horvath

The MarketWatch News Department was not involved in the creation of this content. Sep 25, 2020 (Market Insight Reports) — Selbyville, Delaware According to the report titled ‘Asia Pacific Protective Face Masks Market Size By Distribution Channel, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 25, 2020 (Market Insight Reports) —
Selbyville, Delaware According to the report titled ‘Asia Pacific Protective Face Masks Market Size By Distribution Channel, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report LLC, Asia Pacific protective face masks market is projected to amass USD 2 billion by 2026 and grow substantially during the forecast period.

Rising COVID-19 cases, increasing number of surgeries, rising cognizance regarding benefits of masks, and government guidelines regarding usage of face masks are the key factors driving the growth of Asia Pacific protective face masks market size.

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China registered 84,000 COVID-19 cases as of April 30, 2020, while India recorded 30,000 cases and still counting. Due to the large population in South Asian nations and the subcontinent, strict rules regarding social distancing have been imposed by the government, along with mandatory usage of protective masks.

Campaigns by media and government on awareness of protective benefits provided by masks are also expected to propel the Asia Pacific protective face masks market outlook. Low profit on these masks discourages new contenders and hampers the industry expansion.

Elaborating on test type, N95 respirators segment is expected to witness a growth of 400% over 2019-2020 due to surging demand for N95 respirators owing to their high efficiency. Production of such masks have increased in APAC due to high demand from North American as well as Western European region.

Speaking of distribution channel, e-commerce segment of Asia Pacific protective face masks industry accounted for 24% revenue share in the year 2019. Stringent measures regarding social distancing along with contact-less delivery presented by e-commerce firms will augment the segmental growth. In addition, growing penetration of internet across the region and appealing discounts offered by e-commerce websites further fuel the segment expansion.

Based on end-use scope, the Asia Pacific protective face masks industry share is divided into individuals, research institutes, long term care centers, ambulatory surgical centers, and hospitals & clinics. The hospitals & clinics segment held revenue of over 240 million in 2019 and is anticipated to dominate the market over the forecast timespan. Increasing number of coronavirus cases in hospitals have fueled the demand for protective face masks.

From a regional perspective, India protective face masks market is anticipated to witness a growth rate of 405% over 2019-2020. Growing population coupled with increasing cases of COVID-19 across the country will boost the industry growth. Further, compulsory use of protective face masks by government is anticipated to accelerate the product demand.

Major contenders in Asia Pacific protective face masks market are Henry Schein Inc., Dentsply Sirona Inc., Cardinal Health Inc., BSN Medical, and 3M Company among others.

Question and Answer: Asia Pacific Protective Face Masks Market

Q1) What are the factors propelling the growth of Asia Pacific protective face masks market?

Answer: Rising COVID-19 cases, increasing number of surgeries, rising cognizance regarding protective benefits of masks, and government guidelines regarding usage of face masks are the key factors driving the growth of Asia Pacific protective face masks market.

Q2) How will India contribute to Asia Pacific protective face masks market revenue?

Answer: Growing population coupled with increasing cases of COVID-19 across the country will aid India protective face masks industry growth.

Q3) Which companies define Asia Pacific protective face masks market trends?

Answer: Major contenders in Asia Pacific protective face masks industry are Henry Schein Inc., Dentsply Sirona Inc., Cardinal Health Inc., BSN Medical, and 3M Company among others.

Complete Report At: https://www.marketstudyreport.com/reports/asia-pacific-protective-face-masks-market-statistics?utm_source=Marketwatch.com&utm_medium=AN

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