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Face Mask Market to Reach $2.45 Bn, Globally, by 2027 at 4.4% CAGR: Allied Market Research

Worldwide coronavirus outbreak, rise in consumer awareness regarding airborne infections, and increase in government investment in face masks drive the growth of the global face mask market.

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News provided by

Allied Market Research

May 13, 2020, 10:00 ET

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PORTLAND, Oregon, May 13, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Face Mask Market by Type (Surgical Mask, N95 Respirators, and Dust Mask), Material (Cotton, Polypropylene, and Others), Nature (Reusable and Disposable), and Distribution Channel (Hypermarket/Supermarket, Pharmacies, Convenience Stores, Online and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027." According to the report, the global face mask industry was estimated at $1.52 billion in 2019, and is anticipated to hit $2.45 billion by 2027, registering a CAGR of 4.4% from 2021 to 2027.

Drivers, restraints, and opportunities-

Worldwide coronavirus outbreak, rise in consumer awareness regarding airborne infections, and increase in government investment in face masks drive the growth of the global face mask market. On the other hand, availability of counterfeit products and devastating effect of face masks on the environment hinder the market growth. However, innovative products and surge in social media marketing are expected to create multiple opportunities in the industry.

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6654

COVID-19 scenario-

  • The major masks manufacturing companies are initiating to produce masks in huge quantity. In addition several companies including Michelin are following a target to supply nearly four lakhs of masks per week, to the health workers.
  • Also, the Indian railways have initiated to produce reusable face masks along with other necessities including sanitizers, and personal protection equipment (PPEs).
  • Other than these, automobile parts manufacturing companies including General motors and other suppliers are also initiating to assist the production of face masks.

The surgical masks segment to dominate by 2027-

Based on type, the surgical masks segment contributed to nearly two-thirds of the global face mask market share in 2019, owing to its advanced uses in the field of medical surgery and diagnosis. In addition, the increase in smog all over the world fuels the use of surgical masks. However, the dust mask segment would grow at the fastest CAGR of 5.8% throughout the forecast period. Dusk masks provide protection and prevent illness and respiratory problems. In addition, dust masks are skin-friendly, odorless, comfortable, and cheap in price which further drives the growth of the segment. Moreover, the N95 mask is anticipated to portray a CAGR of 4.9% from 2020 to 2027.

The daily segment to maintain the dominant share-

Based on material, the polypropylene segment accounted for nearly three-fifths of the global face mask market revenue in 2019, and is anticipated to lead the trail till 2027. Increase in demand for N95 mask and surgical masks due to the outbreak of respiratory infection based pandemic diseases like COVID 19 and H1N1 augment the growth of polypropylenes segment. Simultaneously, the cotton segment would cite the fastest CAGR of 5.5% during the study period, owing to the outbreaks of pandemic diseases like COVID 19 and H1N1. In addition, increase in production of health masks, on the recommendation of health regularities across the globe, fueled the growth of the segment.

North America to manifest the highest growth rate by 2027–

Based on geography, North America is projected to manifest the fastest CAGR of 5.9% by 2027. Rise in population and improved lifestyle are the key factors driving the growth of the face mask market. Furthermore, rise in airborne diseases, increasing health consciousness, and awareness of benefits provided by face mask products propel the growth in this region. On the other hand, the Asia-Pacific region generated the highest share in 2019, holding more than three-fifths of the global face mask market. Rise in demands in this region to prevent airborne health infections like COVID19, influenza, chickenpox, & others, and increase in government initiative along with various communities and NGO's to make people aware about the airborne diseases augmented the market growth in this region.

For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6654

Key players in the industry-

  • Honeywell
  • Kimberly-Clark Corporation
  • 3M Company
  • Prestige Ameritech
  • Shanghai Dasheng Health Products Manufacturing Co.
  • Moldex-Metric, Inc.
  • The Gerson Company
  • Cardinal Health
  • Alpha ProTech
  • Cambridge Mask Co.

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/library-access

Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.

Avenue Library Subscription | Request for 14 days free trial of before buying:
https://www.alliedmarketresearch.com/avenue/trial/starter

Similar Reports:

Sheet Face Mask Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

Hair Mask Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

Anti-Acne Serum Market: Global Opportunity Analysis and Industry Forecast, 2019-2026

CBD Skin Care Market: Global Opportunity Analysis and Industry Forecast, 2019–2026

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022, 1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research

SOURCE Allied Market Research

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