Face Shield Market - Global Outlook and Forecast 2020-2025

INDUSTRY INSIGHTS

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.

The outbreak of the COVID-19 pandemic is an important factor driving the market. The World Health Organization (WHO) and several government initiatives are implemented to avoid the spread or containment of the virus among individuals across the world. The increasing number of COVID-19 cases 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 the PPE kit, such as reusable and disposable face shields, offers full coverage to the face of the health professionals, thereby reducing the risk of self-contamination.

SNIPPETS

• The construction and healthcare segments are likely to observe an increment growth of over $500 million by 2025. The growth can be attributed to the rise in the construction industry and the growth in infectious diseases, such as Coronavirus.
• In terms of materials, polycarbonate is expected to reach revenues of over $950 million by 2025. The growth is on account of the increased application grinding, chemical, and high-impact application segments.
• The US face shield market is projected to grow at a CAGR of over 12% during 2019–2025. This is due to the COVID-19 pandemic, which has led to an increase in demand for personal protective equipment.
• The face shield market in India is expected to grow at a CAGR of over 14% during the period 2019–2025. The growth is on account of the growing share of the private sector and increasing imports from China. 

The face shield market size by revenue is expected to grow at a CAGR of over 12% during the period 2019–2025. The report provides market size & forecast in both revenue and volume.

 FACE SHIELD MARKET SEGMENTATION

 This research report includes a detailed segmentation by

• Material
• End-user
• Geography

INSIGHTS BY END-USER

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.

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.

Chemical laboratories comprise acids, organic solvents, liquids, and bases, which present a splash hazard. The usage of injurious or corrosive chemicals requires protection for the face and eyes. Several activities in laboratories consist of procedures, wherein the probability of splash occurs, thereby causing damage to the eyes. Hence, it becomes essential for employees in chemical laboratories to wear eye and face protection kits. Currently, chemical laboratory workers are relying heavily on personal protective equipment to protect themselves from chemical hazards. These protect gears are widely being used by lab technicians or other chemical industry care workers to carry out their tasks without any damage carefully. 

INSIGHTS BY MATERIAL

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 settings.

Cellulose acetates are gaining a profound increase in demand for their usage in face shields. These sheets are widely being used in the application areas wherein, high rigidity and clarity are required. This includes its usage in the chemical industry in which a high optical clarity while dealing with various chemicals plays an utmost role. These are plant-based plastic, which is hypoallergenic. They offer higher impact resistance and withstand cracking or crazing at a wider range of temperatures. 

INSIGHTS BY GEOGRAPHY

North America is the largest face shield market, which accounted for a market share of over 32% in revenue in 2019. The United States holds a significant face shield market share, which can be attributed to the widespread usage in healthcare facilities, including a large number of nursing homes, hospitals, construction sites, and chemical laboratories in the region. With the rise in infectious diseases in the region, the need for protective gear and equipment in the region is expected to witness an increase. The expansion of the construction industry is expected to contribute to an increase in demand for protective equipment such as face shields that have profound usage among workers. In 2019, APAC accounted for a share of over 27% by unit shipments in 2019. APAC was led by China, which is also one of the significant markets for face shields. These products are profoundly used in the construction and mining sector to offer face and head protection to site workers from several safety hazards.

INSIGHTS BY VENDORS

The global face shield market share is highly concentrated currently, with several local and global players in the market. The competition is intense. The rapidly changing technological scenario can adversely affect vendors as customers expect continual innovations and upgrades in the face shield domain. One of the key strategies implemented by market players is the introduction of differentiated products and solutions. Hence, companies strive to offer differentiated channels for distribution and better product mix, thereby catering to the changing needs and requirements of the target customers. The key market players include The 3M Company, Honeywell International, and Key Surgical. Key players are offering and expanding their product line-up with the launch of various innovative techniques, thereby gaining an edge.

The global face shield market research report includes in-depth coverage of the industry analysis with revenue and forecast insights for the following segments:

 By Material 

• Polycarbonate
• Cellulose Acetate

By End-user 

• Healthcare
• Construction
• Oil & Gas
• Chemical
• Manufacturing Industries
• Others

By Geography 

• North America
  • US
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • Australia
  • India
  • Malaysia
  • Indonesia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa