11:20 ET New Analysis from Global Industry Analysts Reveals Steady Growth for Earplugs, with the Market to Reach $1.3 Billion Worldwide by 2026
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Earplugs
SAN FRANCISCO, Sept. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Earplugs - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 7; Released: April 2021
Executive Pool: 1199
Companies: 84 - Players covered include 3M; Alpine SleepSoft; Appia Healthcare Limited; Bengbu Hucong; Cirrus Healthcare; DAP World Inc.; Dongguan Yingfa; DUBS Acoustic Filters; Ear Band-It; EarPeace; Etymotic Research; Honeywell; Living Stones Biz; Macks; Microgard; Moldex; Plugfones; Pluggerz; ProGuard; Radians Custom; Surefire; TM Manufacturing; Westone and Others.
Coverage: All major geographies and key segments
Segments: Type (Silicone Earplugs, Custom Molded, Foam Earplugs, Flanged Earplugs); Application (Noise Reduction, Sleeping, Swimming, Travel, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Earplugs Market to Reach $1.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Earplugs estimated at US$790.6 Million in the year 2020, is projected to reach a revised size of US$1.3 Billion by 2026, growing at a CAGR of 9% over the analysis period. Silicone Earplugs, one of the segments analyzed in the report, is projected to record a 10% CAGR and reach US$535.4 Million by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Custom Molded segment is readjusted to a revised 8.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $234.4 Million in 2021, While China is Forecast to Reach $274.6 Million by 2026
The Earplugs market in the U.S. is estimated at US$234.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$274.6 Million by the year 2026 trailing a CAGR of 12.1% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 7.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7% CAGR.

Foam Earplugs Segment to Reach US$282.2 Million by the year 2026
In the global Foam Earplugs segment, USA, Canada, Japan, China and Europe will drive the 7.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$129.6 Million in the year 2020 will reach a projected size of US$218.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

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Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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