Face Shield

Face Shields Market to Reach USD 1,642.1 Million by 2028;

Pune, India (GLOBE NEWSWIRE, May 20, 2021) — The global face shieldsMarket size is expected to grow exponentially, reaching USD 1,642.1million by 2028. This will be accompanied by a CAGR 8.8% between 2021-2028. Fortune Business Insights published this information in its most recent report, titled “Face Shields Market, 2021-2028.”The market was valued at USD 832.3 millions in 2020, according to the report. The forecast period will see increased demand due to factors such as the rising number of COVID-19 cases and increasing healthcare spending in several countries. CMS.gov reports that the U.S.’s health care spending rose by more than 4.6% in 2019. This equates to approximately USD 11,582 per capita in the country.

Many economies are experiencing unprecedented losses as a result of the widespread effects of the global pandemic COVID-19. Due to the lockdown by government agencies, many industries have been at a standstill with very limited operational activities. However, the government and the industry can come together to help get the economy back on its feet and allow for the resumption or industrial activities.

List of the Top Face Shields Market Players:

Cardinal Health (Ohio, U.S.)3M (Minnesota, U.S.)Honeywell International Inc. (North Carolina, U.S.)AlphaProTech (Richmond, Australia)Precept Medical Products, Inc.  (North Carolina, U.S.)Prestige Ameritech (Texas, U.S.Pyramex (Tennessee, U.S.)Sanax Protective Products (Massachusetts, U.S.)KARAM (Navi Mumbai, India)Medline Industries, Inc. (Illinois, U.S.)MSA (Pennsylvania, U.S.)Dupont Teijin Films U.S. Limited (Virginia, U.S.)Radians, Inc. (Tennessee, U.S.)Kimberly-Clark Worldwide, Inc. (Texas, U.S.)Other Key Players

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Segmentation of the Key Markets

The market is divided based on the product and becomes a full market. face shieldHalf off face shield. The market is divided by type into reusable and disposable. The market is further divided into the following categories based on the end-user sector: manufacturing, construction, oil and gas, chemical, food, pharmaceutical, transportation, etc.

The manufacturing industry is expected to hold the largest market share in terms revenue in the coming years based on its end-user industry. This is due to the growing adoption of advanced technologies. face shieldsTo ensure that employees working in multiple manufacturing facilities around the world are protected.

Finally, the market is segmented based on region: North America, Europe, Latin America, Europe, Asia-Pacific, Middle East and Africa.

What is the Report?

The market report provides a comprehensive analysis of key factors that will affect growth, including the drivers and constraints. The report also offers insights into the market’s regional analysis. This helps to grow the market. It includes information about the competitive landscape and the strategies that are used by the top companies to announce partnerships, launch new products, or collaborate that will help to grow the market over the next years. Moreover, the research analyst has adopted several research methodologies such as PORTER’s Five Point analysis to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

FACTORS IMPORTANT FOR DRIVING

Market Growth Driven by Rising COVID-19 Cases

The COVID-19 pandemic caused severe economic and human damage in several countries in 2020. It has now spread to many other regions. According to the WHO Coronavirus Dashboard, the number of confirmed cases has reached staggering 131,309/792, with over 2,854,276 people dying. The healthcare systems are under tremendous strain to control COVID-19 because of the rising number of cases. This will increase the demand for high-quality personal protection equipment (PPE), kits around the world. This is expected to increase the global demand for PPE. face shieldsIn the next few years, market growth will continue.

View the Detailed Summary of Research Reports with TOC:

https://www.fortunebusinessinsights.com/face-shields-market-105155

REGIONAL INSPIRATIONS

North America – The region is expected to remain dominant and hold the highest position in the market during the forecast period. This is due to the strict government regulations and increasing healthcare spending, which will drive the demand for advanced technologies. face shieldsIn the region. North America was valued at USD 248.7 millions in 2020.

Europe – The market in the region is expected to showcase significant growth backed by the rising cases on COVID-19 in countries such as France, Germany, and Spain. The region also has established manufacturing industries that will increase the demand for these products. shieldsBetween 2021-2028

COMPETITIVE LANDSCAPE

Partnerships among key players to expand their product portfolio and increase sales revenue

Global market fragmentation is caused by key players who are trying to retain their dominance by partnering with other companies to expand. face shieldsPortfolio to meet the rising demand from healthcare. The other major companies are also adopting inorganic and organic strategies that will help the market grow in the coming years.

Key Industry Developments

May 2020 – Aspen Surgical Products, Inc. acquired Precept Medical Products, a company that provides medical clothing. The company’s focus is on the development and production of medical equipment that will aid healthcare professionals to combat the new coronavirus spread.

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Detailed Table Of Content:

Introduction Research ScopeMarket SegmentationResearch MethodologyDefinitions and Assumptions Executive SummaryMarket Dynamics Market DriversMarket RestraintsMarket OpportunitiesEmerging Trends Key Insights Key Emerging Trends – For Major Countries Industry SWOT AnalysisRegulatory AnalysisRecent Industry Developments – Policies, Partnerships, New Product  Launches, and Mergers & Acquisitions Qualitative Insights – Impact of COVID-19 on Global Face Shields Market Supply Chain ChallengesImpact on PriceSupply-Demand AnalysisSteps taken by Government/Companies to overcome this impactPotential opportunities due to COVID-19 outbreak Global Face Shields Market Analysis, Insights and Forecast, 2017-2028 Key Findings / SummaryMarket Size Estimates and Forecast  By Product (Value) Full Face ShieldHalf Face Shield By Type (Value) By End-use Industry (Value) ManufacturingConstructionChemicalOil & GasHealthcareOthers By Region (Value) North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa

TOC Continued…!

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Take a look at these Related Research Insights.

Healthcare Personal Protective Equipment (PPE) Market for COVID-19, Market Size, Share & Industry Analysis, By Product (Eye & Face Protection {Safety Spectacles, Safety Goggles, Face Mask, and Face Shield}, Protective Clothing {Isolation Gowns, Coveralls, and Others}, Hand Protection/Safety Gloves, and Respiratory Protection/N95 Respirators) By Application (Hospitals, Clinics, and Others), and Regional Forecast, 2020-2027

Protective Face Mask Market Size, Share & COVID-19 Impact Analysis, By Type (Medical Face Mask {Surgical & Procedure, N-95 Respirators, and Others}, Respirator, and Others), By Usage (Disposable, and Reusable), and By End-Use (Healthcare, Oil & Gas, Mining, Construction, Manufacturing, and Others) and Regional Forecast, 2020-2027

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