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The N95 respirators market size in APAC has the potential to grow by USD 64.34 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by type (respirators with exhalation valve and respirators without exhalation valve) and geography (China, Japan, South Korea (Republic of Korea), India, and Rest of APAC). Also, the report analyzes the market's competitive landscape. It offers information on several market vendors, including 3M Co., Ansell Ltd., Hogy Medical Co. Ltd., Honeywell International Inc., JIANGSU TEYIN IMP & EXP Co. Ltd., Joseph Leslie & Co. LLP, Kimberly-Clark Corp., Makrite, Moldex-Metric Inc., and Shanghai Dasheng Health Products Manufacturing Co. Ltd.
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The market is fragmented. The key vendors in the market are focusing on product development to increase their market revenue and expand their geographical base. 3M Co., Ansell Ltd., and Hogy Medical Co. Ltd. are some of the major market participants. Although the increase in demand due to growing pollution levels will offer immense growth opportunities, the rise in price due to demand-supply imbalance will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this N95 respirators market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and provides information on the products offered by various companies. Moreover, this N95 respirators market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
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N95 respirators without an exhalation valve are also designed to prevent the inhalation of germs, bacteria, dust, and viruses that can cause illnesses such as H1N1 Swine Flu. These respirators have a double-walled design that provides respiratory protection to the wearer efficiently while maintaining an effective seal. These respirators do not contain an exhalation valve that can cause exhalation resistance, and thus, can cause discomfort to the wearer. These respirators are mostly preferred by individuals who use them to prevent the inhalation of polluted air and have medical issues, such as dust allergies.
Market growth in this segment will be faster than the growth of the market in the respirators without exhalation valve segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the N95 respirators market size in APAC.
The increasing demand due to growing pollution levels is one of the major factors driving the growth of the market in focus. Air quality in various countries across APAC has declined over the years, which has exposed people to various health issues, such as frequent headaches, lung cancer, heart problems, strokes, and chronic and acute respiratory diseases, including asthma. Air pollution has also resulted in severe health problems, which can lead to death. Controlling air pollution, and consequently ensuring good air quality across APAC is still a big challenge for authorities and citizens. The rapid increase in urbanization, industrialization, and air pollution resulting from vehicular emissions are some of the major factors leading to the deterioration of the air quality.
Rising prevalence of pandemic diseases, one of the vital N95 respirators market trends in APAC, will also influence the growth of the market during the forecast period. A pandemic is a disease epidemic that spreads across many regions globally. People are becoming extremely concerned about the widespread transmission of pandemic diseases, such as typhus and Influenza. The recent outbreaks of COVID-19 globally have raised concerns among the people living in APAC. This disease spreads between people who are in close contact with one another and through respiratory droplets that are produced when an infected person sneezes or coughs. To prevent the transmission of this disease, countries across APAC have started taking several precautionary measures, such as using N95 respirators. These respirators remove particles from the air that is inhaled. They can filter out at least 95% of very small (0.3 microns) particles, which, in turn, makes them capable of filtering out all types of particles, including viruses and bacteria. Hence, the growing incidence of pandemic diseases will increase the popularity of N95 respirators to prevent the spread of such diseases, thus, supporting the growth of the N95 respirators market in APAC. As a result of such factors, the N95 respirators market in APAC will register a CAGR of over 9%.
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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