Global Face Shields Market
The global Face Shields market was valued at USD 1.04 billion in 2021 which expected to reach USD 1.99 billion by 2027 at a CAGR 11.42% from 2021-2027.
Face shields are in high demand due to increased awareness of healthcare-associated infections and an increase in Covid-19 cases around the world. A large number of construction projects have been delayed or cancelled as a result of the new coronavirus's impact on the governments and businesses that commissioned them. Furthermore, supply chain constraints of materials and equipment, particularly raw materials such as steel from Asia, are expected to cause project delays in the coming years, limiting demand for face shields.
Market Drivers
Face shields are in high demand due to increased awareness of healthcare-associated infections and an increase in Covid-19 cases around the world. A large number of construction projects have been delayed or cancelled as a result of the new coronavirus's impact on the governments and businesses that commissioned them. Furthermore, supply chain constraints of materials and equipment, particularly raw materials such as steel from Asia, are expected to cause project delays in the coming years, limiting demand for face shields.
Market Restraint
Raw material price volatility will limit market growth. Oil and metal are the primary raw materials used to manufacture the visors and headgear required for shields. These are composed of polymers derived from oil, such as polycarbonate (PC), acetate, and polyethylene terephthalate glycol (PETG). As a result, crude oil prices have an indirect impact on the industry. The market's growth rate is expected to be hampered by the fluctuating price of oil. However, there is significant market overcapacity for polycarbonate, especially in Europe, where operating rates are only around 70%, limiting further price increases. China plans to increase its manufacturing capacity to meet the high demand, raising the price of polycarbonate.
COVID-19 Impact on the Face Shields Market
The recent Covid-19 pandemic outbreak is expected to increase regional demand for these products. The United States is one of the countries most affected by a coronavirus. Because of the rapid spread of Covid-19 throughout the country, there is a greater need for face shields, particularly in the healthcare sector, to prevent future disease transmission. The country's large elderly population, advanced healthcare infrastructure, and patients' comparatively higher disposable incomes are some of the key factors propelling the healthcare business in the United States.
Market Segmentation
The Global Face Shields Market is segmented into Product, End-use. By Product such as Full Face Shield, Half Face Shield. Further, market is segmented into By End-use such as Healthcare, Construction, Chemical, Oil & Gas, Manufacturing, Others.
Regional Analysis
Global Face Shields Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominated the Face Shields market. Rising healthcare spending, an ageing population, and increased awareness of healthcare-acquired illnesses among medical personnel are all expected to benefit the market. Rising demand for dairy and meat products will drive innovation in the manufacturing and packaging industries.
The expanding oil and gas industry in the Middle East is expected to increase demand throughout the forecast period. Investment in the construction and oil and gas industries is expected to drive regional industrial growth. Rising concerns about workplace injuries and illnesses, combined with stringent regulations, are expected to drive demand for face shields.
Key Players
Various key players are listed in this report such 3M; Honeywell International; ALPHAPROTECH; CASCO BAY MOLDING; Kimberly-Clark; Lakeland Inc.; Aspen Surgical; Prestige Ameritech; Pyramex Safety Products, LLC; among others.
Market Taxonomy
By Product
By End-use
By Region
Key Questions Addressed by the Report
Global Face Shields Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Face Shields Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Face Shields Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Face Shields Market Share Analysis, By Product
5.3 Global Face Shields Market Size and Forecast, By Product
5.3.1 Full Face Shield
5.3.2 Half Face Shield
6 Global Face Shields Market, By End-use
6.1 Y-o-Y Growth Comparison, By End-use
6.2 Global Face Shields Market Share Analysis, By End-use
6.3 Global Face Shields Market Size and Forecast, By End-use
6.3. 1 Healthcare
6.3.2 Construction
6.3.3 Chemical
6.3.4 Oil & Gas
6.3.5 Manufacturing
6.3.6 Others
7 Global Face Shields Market, By Region
7.1 Global Face Shields Market Share Analysis, By Region
7.2 Global Face Shields Market Share Analysis, By Region
7.3 Global Face Shields Market Size and Forecast, By Region
8 North America Face Shields Market Analysis and Forecast (2021-2027)
8.1 Introduction
8.2 North America Face Shields Market Share Analysis, By Product
8.3 North America Face Shields Market Size and Forecast, By End-use
8.4 North America Face Shields Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Face Shields Market Analysis and Forecast (2021-2027)
9.1 Introduction
9.2 Europe Face Shields Market Share Analysis, By Product
9.3 Europe Face Shields Market Size and Forecast, By End-use
9.4 Europe Face Shields Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Face Shields Market Analysis and Forecast (2021-2027)
10.1 Introduction
10.2 Asia Pacific Face Shields Market Share Analysis, By Product
10.3 Asia Pacific Face Shields Market Size and Forecast, By End-use
10.4 Asia Pacific Face Shields Market Size and Forecast, By Country
10.5.1 China
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Face Shields Market Analysis and Forecast (2021-2027)
11.1 Introduction
11.2 Latin America Face Shields Market Share Analysis, By Product
11.3 Latin America Face Shields Market Size and Forecast, By End-use
11.4 Latin America Face Shields Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Face Shields Market Analysis and Forecast (2021-2027)
12.1 Introduction
12.2 Middle East Face Shields Market Share Analysis, By Product
12.3 Middle East Face Shields Market Size and Forecast, By End-use
12.4 Middle East Face Shields Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 3M
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Honeywell International
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. ALPHAPROTECH
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 CASCO BAY MOLDING
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Hotmilk Lingerie.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Kimberly-Clark
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Lakeland Inc.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Aspen Surgical
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Prestige Ameritech
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Pyramex Safety Products, LLC
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
