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N95 mask market value worldwide 2019 & 2027

As the global demand for N95 masks has skyrocketed in 2020 due to the coronavirus (COVID-19) pandemic, producers have scrambled to increase production to meet that demand. The market value of N95 masks amounted to more than 802 million U.S. dollars in 2019. By 2027, it is forecast that this value will increase by more than double, to nearly 1.90 billion U.S. dollars.

It is estimated that production of the highly protective N95 face masks in the United States alone will increase to 180 million units per month by the end/winter months of 2020.

Market value of N95 masks worldwide in 2019 and 2027

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Source

Release date

April 2020

Region

United States

Survey time period

2019

Supplementary notes

*Forecast based on a compound annual growth rate of 9.57 percent during the forecast period from 2020 to 2027.

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