COVID-19 Impact and Recovery Analysis- Global Face Shield Market 2020-2024 | Stringent Regulatory Framework to Boost Market Growth | Technavio

Technavio has announced its latest market research report titled Global Face Shield Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The global face shield market is expected to grow by USD 430.56 million during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth.

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Many governments and regulatory bodies across the world have laid out various regulations regarding the use of PPE at potentially hazardous workplaces. Governments are also imposing heavy penalties for violation of these safety regulations. This is increasing the use of PPE such as face shields across industries such as O&G, pharmaceutical, chemical, construction, and manufacturing to prevent fatal accidents and occupational injuries at the workplace. These factors are expected to positively influence the growth of the global face shield market during the forecast period.

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The rising occurrence of such contagious diseases has necessitated the need for a reliable healthcare system and proper emergency medical services (EMS). This has increased the investments in medical infrastructure across the world. In addition, the recent outbreak of COVID-19 pandemic has significantly increased the number of diagnostic tests. The highly contagious nature of the disease has necessitated the need for personal protective equipment to prevent healthcare professionals from getting infected from the virus. Also, workers providing essential services during the lockdown, imposed in various countries to contain the spread of COVID-19, are required to wear face masks. These factors are fueling the growth of the global face shield market.

As per Technavio, the growing adoption among different end-user industries to maintain worker health and safety will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Face Shield Market: Growing adoption among different end-user industries to maintain worker health and safety

The demand for PPE equipment, including face shields, is rising among various industries owing to an increase in fatal accidents at workplaces and occupational injuries. These injuries are caused due to hazards that arise due to the nature of work and workplace environment. In the chemical industry, various chemicals produced can harm workers through direct skin contact. Inadvertent ingestion and the inhalation of fumes, vapors, and dust can also harm workers. PPE for the chemical industry includes face shields that prevent chemical splashes and dust from directly entering the respiratory system. In addition, the growth in the global economy is boosting manufacturing activities, which, along with an increasing global population, is fueling the growth of the construction industry. In both these industries, face shields are widely used for protection against sparks during welding and molding.

“Factors such as a rise in construction and infrastructure projects, and the increasing adoption of safety assessment programs by companies will further boost the growth of the face shield market during the forecast period,” says a senior analyst at Technavio.

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Face Shield Market: Segmentation Analysis

This market research report segments the face shield market by type (full-face shield and half-face shield.) and geography (North America, Europe, APAC, MEA, and South America.).

The North American region led the face shield market in 2019, followed by Europe, APAC, MEA, and South America. respectively. During the forecast period, the North American region is expected to register the highest incremental growth due to the rapid growth of commercial and residential infrastructural projects in the region.

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Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Face Shield Market will grow by $ 430.56 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/