How To Make More N95 Masks Market By Doing Less 2022

How To Make More N95 Masks Market By Doing Less 2022

The major drivers fueling the growth of the market are an increase in the coronavirus cases. As of March 2021, almost 132 million were affected by the virus. 

2021-08-26

The major drivers fueling the growth of the market are an increase in coronavirus cases. As of March 2021, almost 132 million were affected by the virus, resulting in 2.87 fatalities globally. 

Rising Pollution Level Will Drive The Market Growth

The growing urbanization and industrialization particularly in developing regions such as India and China play a predominant role in increasing the pollution level. In addition, increasing the number of vehicles adds to further degradation of air quality. The surging pollution level across the globe will result in triggering the N95 masks to protect from pollutants. 

N95 filters up to 95% of the Particulate Matter 2.5 (PM2.5). N95 masks, which filter out particles, are designed for commuters to protect them from pollutants in the air. A well-fitted mask of proper size, which covers the nose, mouth, and chin without leaving any space, is necessary for effective protection. 

The rapidly growing population in developing economies such as India and China is leading to rapid urbanization, which is increasing the pollutant levels in the atmosphere, thus boosting the product demand. According to a report by Institute for Health Metrics and Evaluation, 5.5 people die every year on account of indoor and outdoor air pollution.

Increasing demand for N95 masks along with a shortage in the supply has led to many manufacturers ramping up their production capacity, which is among the key attributes driving the market growth. Consumers have been gravitating toward the usage of N95 masks to protect themselves from breathing in pathogens that may be present in the air.

Moreover, in the wake of the safety and well-being of consumers, the industrial sector imposes stringent government regulations for employees in offices, factories, and construction areas. Thus, increasing demand for safety and health issues due to airborne diseases has fueled the demand for N95 masks.

Investment By Key Players To Strengthen Their Position

Investment by key players to strengthen their position is likely to create significant opportunities in the market. For instance, in January 2021, Protect. co announced a partnership with Pacific PPE Corp. to deliver N95 masks to consumers at a time when they are most needed.

Also, the leading companies including 3M, Prestige Ameritech, and Honeywell have doubled their N95 mask production as various governments are requesting the public not to buy the N95 masks, to fulfill the demand for healthcare professionals. 

For instance, according to the 3M, almost 5 million people require to use a respirator at work every day in the U.S, and N95 is considered the most common regulatory certification for respiratory protection to be used in the workplace.

3M has doubled its production of N95 masks to 1.1 billion per year at its manufacturing facilities, including in the U.S., Asia, and Europe and it has aimed to further double its capacity to 2 billion per year within the next year. 

Alpha Pro Tech observed face mask sales of $15.4 million in the 4th quarter of 2020, compared to $13.4 million in the third quarter and $8.5 million in the attributed due to increased sales of our proprietary N-95 mask.

According to one of the largest medical suppliers in the U.S., Premier estimated the use of N95s had increased 500 percent since July 2020, and more than 14,000 % increase in N95 mask spending as compared to March 2019. 

The N95 mask is considered the safest type of mask with the approval of various regulatory authorities including the National Institute for Occupational Safety and Health (NIOSH), which has emerged as the main factor for market growth in the healthcare field.

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Sai Kiran

Sales Manager at DataM Intelligence

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Sai Kiran
Sales Manager at DataM Intelligence
Email: [email protected]
Tel: +1 877 441 4866

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