Global Face Shield Market to Reach $1.4 Billion by 2030: Growing Popularity of Polycarbonate Face Shield Displays Fuels the Sector - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Face Shield Market Size, Share, Growth Analysis, By Product, By Type - Industry Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The global face shield market size was valued at USD 0.7 billion in 2021 and is poised to grow from USD 0.75 billion in 2022 to USD 1.4 billion by 2030, growing at a CAGR of 7.2% in the forecast period (2023-2030).
Face shields are now more important than ever because of the growth in Covid-19 cases worldwide and growing awareness of healthcare-associated illnesses. Many building projects have been postponed or abandoned as a result of the new coronavirus's effects on the organisations who commissioned them, including governments and enterprises.
The need for face shields may also decline as a result of problems with the equipment and material supply chains, particularly with raw materials like steel imported from Asia. The expanding pharmaceutical and healthcare industries will be the primary forces behind market growth after the epidemic.
The recent Covid-19 pandemic epidemic is thought to have boosted local demand for these goods. The United States is one of the nations in the world most severely affected by the coronavirus. Due to the rapid expansion of Covid-19 across the country, face shields are more in demand than ever, particularly in the healthcare sector. Modern healthcare infrastructure, a sizable ageing population, and much higher individual disposable incomes are among key factors driving the healthcare industry. Face shields will likely become increasingly prevalent, according to the aforementioned information.
Additionally, safeguards are being developed to safeguard workers at risk of COVID-19 virus exposure. PPE includes face shields and other types of face protection. For instance, in April 2020, the German company Adidas, a worldwide producer of shoes, clothing, and accessories, worked with the American 3D printing business Carbon to develop 3D printed face shields to aid in the fight against the pandemic problem. ExxonMobil, Dow, Chevron Phillips Chemical, and other big chemical and petrochemical firms have recently increased their expansion, fueling the market's expansion.
Segments covered in this report
The global face shield market segmentation is based on product, type, and region. Based on product the market is segmented into full face and half face shield. Based on type the market is segmented into reusable and disposable. Based on region the global face shield market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Driver
In order to save more lives as COVID-19 cases increase, health professionals and other government employees must put their safety first. Face shields and other PPE were encouraged by socialised healthcare organisations. In order to meet the rising demand for PPEs among health professionals worldwide, the World Health Organisation encouraged governments and businesses to increase manufacturing by 40%.
The growing popularity of polycarbonate face shield displays is driving growth in the face shield industry. A face shield made of polycarbonate that works well in circumstances has been developed. It is ideal for outdoor purposes because of its exceptional durability, UV protection, and chemical endurance properties.
Restraint
Oil and metal are the two most critical basic elements required to construct the visors and headgear required for face shields. Oil is used to create the polymer, such as polycarbonate (PC), acetate, and polyethylene terephthalate glycol (PETG), that is used to make face shields. The market for face shields is consequently indirectly impacted by the price of oil.
Market Trends
Auxiliary defence mechanisms known as shields protect the entire face from a variety of threats. They shouldn't be used as a substitute for protective eyewear or goggles. By far, the most frequent cause of eye injuries is being struck by space debris or sparks. Because of this, they pose a threat to the face, which is why the shield is helpful. They provide a thicker layer of face covering and eye protection. Therefore, a rise in industrial accidents across a variety of end-use industries is anticipated to fuel market growth.
Companies Mentioned
- 3M
- Honeywell International Inc.
- Kimberly-Clark Corporation
- MSA Safety Incorporated
- DuPont de Nemours, Inc.
- Ansell Limited
- Alpha Pro Tech, Ltd.
- Lakeland Industries, Inc.
- Polison Corporation
- Medline Industries, Inc.
- Uvex Safety Group
- Prestige Ameritech
- Moldex-Metric, Inc.
- Gateway Safety, Inc.
- Paulson Manufacturing Corporation
- Pyramex Safety Products, LLC
- Radians, Inc.
- Sanax Protective Products, Inc.
- Supermax Corporation Berhad
- TIDI Products, LLC
For more information about this report visit https://www.researchandmarkets.com/r/scu3zd
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