Shibuya-ku, Tokyo, Japan, Japan, Apr 28, 2022, 01:34 /Comserve / -- The global face shield market by revenue is expected to grow at a CAGR of over 12% during the period 2022–2031.
The global face shield market has been highly influenced by the increased demand from the construction industry. The increased stringency in implementing workplace safety solutions in several end-user industries has been a major factor contributing to the market growth. Awareness of several safety standards and regulations has led to an increase in demand for protective equipment, thereby impacting the demand for face shield products in the market.
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The outbreak of the COVID-19 pandemic is an important factor driving the market. Several government initiatives are implemented to avoid the spread or containment of the virus among individuals across the world. The COVID-19 pandemic has enforced hospitals to expand prevention and control measures such as hand protection & hygiene, visitor restrictions, along with the testing of employees, with universal masking solutions for Healthcare Professionals (HCPs). Hence, one of the most important needs is to focus on the introduction of personal protective equipment (PPE) kits for the usage against SARS-CoV-2 as per the guidelines given by governments and healthcare agencies. Part of PPE kit, such as face shields, offers full coverage to the face of the health professionals, thereby reducing the risk of self-contamination.
The following factors are likely to contribute to the growth of the face shield market during the forecast period:
• Increasing Construction Activities
• Emergence of Stringent Regulatory Framework
• Advancements in Technology and Innovative Solutions
• Increasing Disease Outbreaks across the World
The study considers the present scenario of the face shield market and its market dynamics for the period 2022−2031. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Face Shield Market Segmentation
This research report includes a detailed segmentation by material, end-user, and geography. The growing investment in healthcare expenditure, along with the increasing number of innovative products is anticipated to boost the market growth. With the increasing number of COVID-19 patients, the demand for equipment such as face shields, disposable gloves, medical mask, N95 respirators, eye protection goggles, and disposable gowns to take care of patients and, keep the workforce safe and healthy is witnessing an exponentially surge in demand for personal protective equipment.
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Face shields used in the construction industry protect workers from irreversible facial disfigurements, which otherwise are expected to take place in case of flying debris or other types of projectiles. The construction industry is a crucial focus area for vendors to look at owing to the high demand for face shield solutions. Hence, construction sites pose risks of noteworthy injuries, particularly eye injuries or injuries from airborne debris; however, face shields in such situations play the most vital role in protecting the worker. The global construction industry is expected to reach $8 trillion by 2030, which is majorly driven by the US, China, and India; hence, the demand for face shields is likely to grow.
The polycarbonate segment is expected to grow at a CAGR of over 13% from 2019–2025. Polycarbonate face shields are economical, safe, as well as effective to counter in case of direct spray protection from airborne droplets. These are being used in conjunction with the N95 or other grades of masks. Hence, polycarbonate replaceable clear shields offer increased safety to patients and health employees in hospitals, clinics, wards, and other healthcare facilities.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
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