Asia Pacific N95 Masks Market to Grow at a CAGR of 15.2% to reach US$ 1,132.94 million Million from 2021 to 2028

Asia Pacific N95 Masks Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (With Exhalation Valve and Without Exhalation Valve), Distribution Channel (Online and Offline), End User (Healthcare, Construction N95, Manufacturing, Mining, Oil and Gas, and Others)

  • Report Code : TIPRE00025334
  • Category : Consumer Goods
  • Status : Published
  • No. of Pages : 129
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The N95 masks market in APAC is expected to grow from US$ 420.82 million in 2021 to US$ 1,132.94 million by 2028; it is estimated to grow at a CAGR of 15.2% from 2021 to 2028.



Companies operating in the non-PPE markets have started investing in the PPE production businesses to support the effective supply of products such as respiratory masks. The PPE manufacturing companies are focusing on expanding their business in developing countries. In August 2020, Honeywell International Inc. launched an N95 mask market production unit in its Fulgaon facility in India, with a major aim to supports frontline healthcare workers, emergency responders, and government organizations during the COVID-19 pandemic. The company targeted to reach the maximum production capacity of ~2 million masks per month. Further, in response to the burgeoning demand in the general population, many local mask producers are coming up with innovative and low-cost products. They are also engaging in other business activities supporting the scaling up of production capacities, such as the supply of raw materials. Moreover, governments have started strictly regulating the pricing and stocking of the N95 masks to avoid unethical business practices.

In case of COVID-19, APAC is highly affected specially India. According to the World Health Organization (WHO), “COVID-19 spreads primarily through droplets generated when an infected person coughs, sneezes or speaks. Surgical masks and N95 respirators are used to prevent the spread of respiratory infections. They are part of the personal protective equipment (PPE) used by health workers and are different from other types of masks used to protect from pollution or dust. As the coronavirus is transmitted via droplets of fluid from the nose or mouth, face masks are essential for health workers who are in direct contact with infected patients. In February 2020, Guan Xunze’s company created a new mask factory in just eleven days. The factory, with five production lines in northeastern China, made the much-needed N95 face masks which were in huge demand as infection numbers surged. Further, Honeywell has added a N95 face mask production line at our Fulgaon facility in India to help support frontline healthcare workers, emergency responders and government organizations responding to the COVID-19 pandemic. Additionally, As for N-95 masks, the country has gone from producing 2 million units per month to nearly 25-30 million units per month. There are currently 241 manufacturers of N95 masks in the country, and exports have been allowed. India has become a significant manufacturer of N-95 masks in a short time span. However, the use of surgical mask instead of N95 in the region will have a negative impact on the market. For instance, currently, of the 200 million masks China makes a day, only 600,000 are N95 standard masks, used by medical personnel, according to the National Development and Reform Commission, a state planning body. Provincial regulators have granted dozens of new licenses to open additional factories capable of producing top-grade masks, including those that meet the standards for use by health-care professionals.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the N95 masks market. The APAC N95 masks market is expected to grow at a good CAGR during the forecast period.

  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

APAC N95 Masks Market Segmentation

APAC N95 Masks Market – By Product

  • Without Exhalation Valve
  • With Exhalation Valve

APAC N95 Masks Market – By Distribution Channel

  • Offline
  • Online

APAC N95 Masks Market -By End User

  • Construction
  • Manufacturing
  • Healthcare
  • Mining, Oil and Gas
  • Others

APAC N95 Masks Market- By Country

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC

APAC N95 Masks Market-Companies Mentioned

  • 3M COMPANY
  • ALPHA PRO TECH, LTD.
  • Ansell Limited
  • Cardinal Health Inc
  • Honeywell International Inc.
  • Kimberly-Clark Corporation
  • Medisca Inc
  • Medline Industries, Inc.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

  1. 3M COMPANY
  2. ALPHA PRO TECH, LTD.
  3. Ansell Limited
  4. Cardinal Health Inc
  5. Honeywell International Inc.
  6. Kimberly-Clark Corporation
  7. Medisca Inc
  8. Medline Industries, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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