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The global disposable respirators market size is estimated to be worth USD 6.85 billion by 2028, registering a CAGR of -2.8% over the forecast period. The market valuation amounted to USD 6.31 billion in 2020 and grew to USD 8.38 billion in 2021 at a staggering 223.9%.
List of Key Players Profiled in the Disposable Respirators Market:
- 3M (Minnesota, U.S.)
- Honeywell International, Inc. (North Carolina, U.S.)
- COFRA S.r.l. (Barletta Andria Trani, Italy)
- Uvex Group (Fürth, Germany)
- MSA (Pennsylvania, U.S.)
- Moldex-Metric (California, U.S)
- Protective Industrial Products, Inc. (New York, U.S.)
- RZ Mask (Minnesota, U.S.)
- Makrite (Taipei, Taiwan)
- SHIGEMATSU WORKS CO., LTD. (Tokyo, Japan)
- Drägerwerk AG & Co. KGaA (Lübeck, Germany)
- Mallcom (India) Limited (Kolkata, India)
- Delta Plus Group (Apt, France)
COVID-19 Impact:
Supply Chain Disruptions amid COVID-19 to Create New Challenges for Manufacturers
Due to the sudden outbreak of COVID-19 in 2020, a dramatic rise in the demand for face masks and respirators was observed globally. Since no country had anticipated such a hike in demand, these products witnessed tremendous shortages in many parts of the world. Since China was the epicenter of the COVID-19 outbreak and one of the first countries to be impacted by the pandemic, various industrial facilities were forced to shut down or operate at a reduced capacity. Consequently, decreased industrial production in the country had a detrimental effect on all major economies across the globe. Besides these factors, the shortage of availability and high raw materials prices have slowed down market growth.
Information Source:
https://www.fortunebusinessinsights.com/disposable-respirators-market-102037