Face Shield Market Expected to Reach $2.4 Billion by 2031—Allied Market Research

According to a new report published by Allied Market Research, titled, “Face Shield Market," The face shield market was valued at $1.3 billion in 2021, and is estimated to reach $2.4 billion by 2031, growing at a CAGR of 6.5% from 2022 to 2031.

Face shield is a protective covering for the entire face that is commonly made from clear plastics. It is worn to prevent injury (such as from impact, dangerous substances, or from extreme temperatures) or to reduce the spread of transmissible disease. It finds application in a wide range of end-use industries including medical, automotive, aerospace, manufacturing industries, oil & gas, construction, marine, and others.

Increase in investments in building infrastructure in countries such as the U.S., China, Japan, Mexico, and India, have led the building & construction sector to witness a significant growth where face shields are used by construction workers to protect from optical radiation or sparks in welding, cutting or brazing operations at different construction sites. In addition, increasing demand for consumer goods has surged the establishment of chemical manufacturing facilities in both developed and developing economies where face shields are widely used to protect from the exposure of hazardous and toxic chemicals, fumes, and other harmful gases. These factors are predicted to contribute toward the global market growth.

However, volatility in the prices of raw materials used for producing face shields are expected to hamper the growth of the market during forecast period.

On the contrary, the emergence of deadly contagious diseases such as COVID-19, HIV/AIDS, tuberculosis, and others have surged the demand for face shields in conjunction with face masks in the healthcare sector. This is anticipated to increase the sales of face shield; thus, creating lucrative opportunities for the market.

The face shield market is segmented on the basis of type, product, end-use industry, and region. By type, the market is segregated into disposable and reusable. The reusable segment dominated the global market in terms of revenue in 2021, with 54.3% of the total share. This is attributed to the fact that there are certain advantages associated with the use of reusable face shields such as their eco-friendly nature, inexpensiveness, and easy availability that has made customers become more linear toward using reusable face shields.

By product, the market is divided into half face shield and full face shield. The full face shield segment dominated the global market in terms of revenue in 2021, with 62.9% of the total share. This is attributed to the fact that they are mostly used by doctors, nurses, medical staff, workers, and armed forces for overall protection from germs, viruses, bacteria, hazardous chemicals, and others. Full face shields find application in sectors including construction, medical, chemical industries, oil & gas, and others.

By end-use industry, the market is divided into healthcare, manufacturing, construction, and others. The manufacturing segment dominated the global market in terms of revenue in 2021, with 36.0% of the total share. This is attributed to the increasing demand for consumer goods has surged the establishment of chemical manufacturing facilities in both developed and developing economies where face shields are widely used to protect from the exposure of hazardous and toxic chemicals, fumes, and other harmful gases.

Region-wise, the face shield market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The Europe face shield market size accounted for a major face shield market share in 2021, owing to the fact that Germany is the most promising country-level market in the region with increased adoption of face shield in the automotive sector for preventing the direct of exposure of minute metal & plastic particles during cutting and finishing applications. Moreover, countries such as the UK and Italy have put more emphasis on construction activities where face shields are used by construction workers to prevent them from optical radiations or sparks during metal cutting, brazing, and other operations

 Key players operating in the global face shield market include Alpha Pro Tech, Casoc Bay Molding, HONEYWELL INTERNATIONAL Inc, JBC Technologies, Inc., Karam Industries Pvt Ltd., Key Surgical, Kimberly-Clark Worldwide, Inc., Lakeland Inc., Medline Industries, LP., Precept Medical Products, Inc., Printex Transparent Packaging, Pyramex, Sanax Protective Products, The 3M Company, and Vee Protect.

COVID-19 analysis

The face shield market is expected to recover rapidly post COVID-19 situation due to emerging geographic scenarios, enhanced domestic supply chain, and strong public investments that are projected to drive the growth of face shield market in the growing construction sector. For instance, according to an interim report for the 2021 Australian infrastructure plan, the Australian Construction Industry Forum (ACIF) expects the construction industry to return to pre-COVID-19 levels by 2022-23, driven by strong public investments. This is predicted to boost the growth of the face shield market during the forecast period.

Key findings of the study

• By type, the reusable segment is anticipated to register the highest CAGR of 6.7% during the forecast period.
• By product, the full face shield segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.6% from 2021 to 2031.
• By end-use industry, the manufacturing segment is estimated to display the highest growth rate, in terms of revenue, registering a CAGR of 6.9% from 2021 to 2031.
• By region, Asia-Pacific garnered the highest share of 37.5% in 2021, in terms of revenue, growing at a CAGR of 6.6%.