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United States face shields PPE market is expected to witness a robust growth during the forecast period owing to increasing demand for preventive tools to control the transmission of novel coronavirus. There is a surging demand for face shield PPEs for the protection of frontline workers.
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2015 – 2025 UNITED STATES FACE SHIELDS PPE MARKET FORECAST & OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING
Scope of Report Product of Interest (POI): Face Shields PPE United States face shields PPE market is expected to witness a robust growth during the forecast period owing to increasing demand for preventive tools to control the transmission of novel coronavirus. There is a surging demand for face shield PPEs for the protection of frontline healthcare workers. Furthermore, rising awareness towards health and hygiene is also promoting their use among consumers. Additionally, the Government of United States is continuously making efforts for ensuring sufficient supply of PPEs such as face shields, etc., and is also allocating funds for their manufacture. Moreover, increasing expenditure on healthcare sector is anticipated to support the growth of face shield PPE market in the coming years. Market Segmentation TYPE APPLICATION Construction & • Headgear • Year Range Manufacturing Adjustable Headgear • Oil & Gas • Hard Hats with Face Shields • Healthcare • Windows • Review Period Mining • Plastic Windows • 2015 – 2018 Firefighting • Wire-screen Windows • Food & Beverages • Base Year DISPOSABILITY Chemicals • 2019 Transportation • Disposable • Others • Reusable • Estimated Year REGION DISTRIBUTION CHANNEL 2020 West • Forecast Period Midwest • Online • North East • Offline • 2021 – 2025 South • 2
Table of Contents S. No. Contents Page No. 1. Product Overview 2. Research Methodology 3. Impact of COVID-19 on United States Face Shields PPE Market 4. Executive Summary 5. Voice of Customer 6. United States Face Shields PPE Market Outlook 6.1. Market Size & Forecast 6.1.1. By Value 6.2. Market Share & Forecast By Type (Headgear (Adjustable Headgear, Hard Hats with Face Shields), Windows (Plastic Windows, Wire-screen Windows)) 6.2.1. 6.2.2. By Disposability (Disposable, Reusable) By Application (Construction & Manufacturing, Oil & Gas, Healthcare, Mining, Firefighting, Food & Beverages, Chemicals, Transportation, Others) 6.2.3. 6.2.4. By Distribution Channel (Online, Offline) 6.2.5. By Region (West, Midwest, North East, South) 6.2.6. By Company (2019) 6.3. Product Market Map 7. United States Headgear Face Shields PPE Market Outlook 7.1. Market Size & Forecast By Value 7.1.1. 3
Table of Contents S. No. Contents Page No. 7.2. Market Share & Forecast By Application 7.2.1. 7.2.2. By Distribution Channel 7.3. Pricing Analysis 8. United States Windows Face Shields PPE Market Outlook 8.1. Market Size & Forecast By Value 8.1.1. 8.2. Market Share & Forecast By Application 7.2.1. 7.2.2. By Distribution Channel 8.3. Pricing Analysis 9. Import-Export Analysis 10. Market Dynamics Drivers 10.1. Challenges 10.2. 11. Supply Chain Analysis 12. Market Trends & Developments 13. Policy & Regulatory Landscape 14. United States Economic Profile 15. Competitive Landscape Competition Outlook 15.1. 16. Strategic Recommendations 17. About Us & Disclaimer 4
RESEARCH METHODOLOGY RESEARCH METHODOLOGY
Research Methodology Market Profiling Data Analysis Data Data Developing List of Respondents Formulating Questionnaire Collection Validation In-depth secondary research was conducted to determine top players in the United States face shields PPE market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the United States face shields PPE market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Primary Research Desk Research Company Analysis ✓ ✓ Recent Developments Market Changing Aspects/Dynamics Government Policies Conclusion ✓ ✓ Market Participants Key Strengths ✓ Identifying Key Opinion Leaders Questionnaire Design In-depth Interviews Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection ✓ ✓ ✓ ✓ Primary Research Secondary Research Paid Sources LinkedIn TechSci Internal Database Company Websites Company Annual Reports White Paper Study Financial Reports Investor Presentations Regulatory Body Associations, etc. Factiva Hoovers ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 6
Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of United States face shields PPE market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing demand for preventive tools to control the transmission of novel coronavirus. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in United States face shields PPE market. Methodology Followed for Calculation of Market Size: Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2019 was calculated based on information collected • through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as face shields PPE manufacturers, suppliers & end users, industry experts, and other industry participants. The team interviewed more than 15 – 20 face shields PPE manufacturers, suppliers and distributors, 100 – 120 end users, and 15 – 20 industry • experts and other value chain stakeholders in United States face shields PPE market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019. 7
Research Methodology Respondents were asked about the current and future market growth rates, market shares by type, by disposability, by application, by distribution • channel, by region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by type, by disposability, by application, by distribution channel, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of face shields PPE. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in • SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast United States face • shields PPE market, TechSci Research used various forecast techniques such as: Moving Average ✓ Time Series Analysis ✓ Regression Analysis ✓ Econometric and Judgmental Analysis ✓ 8
Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million. Partial List of Companies Interviewed Key Secondary Sources World Bank ▪ 3M Corporate ▪ International Monetary Fund (IMF) ▪ MSA Safety Inc. ▪ TechSci Research Proprietary Database & Knowledge ▪ Kimberly-Clark Professional ▪ Repository DuPont Personal Protection Company Annual Reports ▪ ▪ Industry Magazines ▪ Honeywell Industrial Safety ▪ Industry Reports ▪ Protective Industrial Products, Inc. ▪ News Dailies ▪ Gateway Safety, Inc. ▪ Credible Paid Databases ▪ Avon Protection Systems, Inc. ▪ Pacific Safety Supply Inc. ▪ Global Glove & Safety Manufacturing, Inc. ▪ 9
Industry Brief According to TechSci Research report, “United States Face Shields PPE Market By Type (Headgear (Adjustable Headgear, Hard Hats with Face Shields), Windows (Plastic Windows, Wire-screen Windows), By Disposability (Disposable, Reusable), By Application Industry (Construction & Manufacturing, Oil & Gas, Healthcare, Mining, Firefighting, Food & Beverages, Chemicals, Transportation, Others), By Distribution Channel (Online, Offline), By Region, Forecast & Opportunities, 2025”, United States face shields PPE market is expected to undergo rapid growth during the forecast period as the novel coronavirus infiltrates and is spreading across the country. In a move to control the spread of this deadly disease, the government is encouraging use of personal protective equipment such as face shields. The safety of frontline workers is a major concern and face shields are acting as an import PPE for them. Face shields PPE like headgear and windows are replacing cloth face masks as they are proving to be more effective deterrent to coronavirus. This is acting as a major driving factor for the growth of this market. With more manufacturers entering the US market, face shields PPE are now an affordable and easily available product. While cloth masks provide only some filtration against virus-sized aerosol particles, a face shield acts as a barrier that keeps people from touching their own faces. Healthcare experts are also recommending use of face shield PPE as an effective measure to avoid the transmission of COVID-19. This is further expected to support the growth of this market in the coming years. The United States face shields PPE market is segmented based on type, disposability, application industry, distribution channel and region. Based on application industry, the market is segmented into construction & manufacturing, oil & gas, healthcare, mining, firefighting, food & beverages, chemicals, transportation and others. Among them, the healthcare segment is anticipated to undergo highest CAGR until 2025 owing to the rising awareness towards benefits of face shields over face masks and increasing adoption of face shields PPE by healthcare workers. A face shield allows visibility of facial expressions and lip movements and hence it is increasingly replacing face masks. Based on distribution channel, the United States face shield market is segmented into online and offline channels. Here, the online segment is expected to witness highest growth rate during the forecast period as the government is encouraging online retail to ensure the proper implementation of social distancing measures. Major players operating in the United States face shields PPE market include 3M Corporate, MSA Safety Inc., Kimberly-Clark Professional, DuPont Personal Protection, Honeywell Industrial Safety, Protective Industrial Products, Inc., Gateway Safety, Inc. , Avon Protection Systems, Inc., Pacific Safety Supply Inc., Global Glove & Safety Manufacturing, Inc., etc. Added support from US government is encouraging manufacturers to increase their productivity to meet the growing demand for face shields PPEs. “There is a huge requirement for face shields PPE in United States owing to which, various organizations are donating thousands of face shields to frontline workers. The manufacturers are continuously focusing on increasing their productivity as the country battles against coronavirus outbreak. Moreover, increasing awareness among people for their safeguarding health is also expected to fuel the demand for face shields in the coming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based United States management consulting firm. 10
Sample Data - Snapshot United States Face Shields PPE Market Size, By Value (USD Million), 2015–2025F 15.00 14.00 13.00 12.00 11.00 10.00 9.00 8.00 7.00 6.00 5.00 2015 2019 2020E 2025F CAGR BY VALUE: XX% CAGR BY VALUE: XX% By Value (USD Million) United States Face Shields PPE Market Share, By Type, By Value, 2015–2025F 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% Windows Headgear 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 50% 2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F United States Headgear Face Shields PPE Market Share, By Application, By Value, 2015–2025F Construction & Manufacturing Oil & Gas Mining Firefighting Chemicals Transportation Healthcare Food & Beverages Others 11% 11% 11% 11% 11% 11% 11% 11% 12% 2025F 11% 11% 11% 11% 11% 11% 11% 11% 12% 2024F 11% 11% 11% 11% 11% 11% 11% 11% 12% 2023F 11% 11% 11% 11% 11% 11% 11% 11% 12% 2022F 11% 11% 11% 11% 11% 11% 11% 11% 12% 2021F 11% 11% 11% 11% 11% 11% 11% 11% 12% 2020E 11% 11% 11% 11% 11% 11% 11% 11% 12% 2019 11% 11% 11% 11% 11% 11% 11% 11% 12% 2018 11% 11% 11% 11% 11% 11% 11% 11% 12% 2017 11% 11% 11% 11% 11% 11% 11% 11% 12% 2016 11% 11% 11% 11% 11% 11% 11% 11% 12% 2015 11
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