ALBANY, New York, May 11, 2020 /PRNewswire/ --The outbreak COVID-19 has impacted various businesses with high intensity. However, healthcare sector is experiencing a major growth as various companies are developing are investing in research and development for an effective vaccine. Nevertheless, the end-users are still finding it difficult to cope up with the current scenarios. They are facing difficulties in accomplishing their daily tasks such as groceries or purchasing of essential household items. They are relying on face masks to safely complete their task. Owing to this situation, the global disposable face masks market is expected to witness massive boost during the tenure of 2020 to 2030.
"The global disposable face mask market is projected to witness a massive 8.5% CAGR during the tenure of 2020 to 2030. The growth of the market is attributed to the global pandemic of COVID-19 or Corona Virus across the globe. As a result of precautionary measures taken by the people, the sale of disposable face masks has skyrocketed in last few months. As per a recent report by Transparency Market Research the global disposable face mask market shall reach to the value of ~US$ 3 Bn by the end of 2030." – Transparency Market Research.
Major Findings in Global Disposable Face Mask Market Study
In terms of volume, the global disposable face mask market shall reach to the value of ~556,700 units by the end of 2030.
Personal segment, in terms end-users shall account for 60.8% of overall market share.
N95 face masks shall lead the global disposable face mask market in terms of revenue during the tenure of 2020 to 2030.
Explore the latest study on global disposable face mask marker under the title: Disposable Face Mask Market (Product: N95, N99, N100, P95, and Others; Raw Material: Cotton, Polypropylene, Paper, and Others; Securing Method: Hook & Loop and Knit; Layer: 1 Layer, 2 Layer, 3 Layer, 4 Layer, and Above 4 Layer; End Use: Personal and Industry; Distribution Channel: Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/disposable-face-masks-market.html
Major Drivers Propelling the Growth Global Disposable Face Mask Market
Global Level Outbreak of COVID-19 Propels the Growth
COVID-19 or Corona Virus has killed more people that in any of the World Wars. Also, the pandemic is nowhere near being confined and continues to grow. Owing to this people are extensively purchasing face masks so that they can easily do their daily jobs. Owing to this the global disposable face mask market is projected to grow exponentially during the tenure of 2020 to 2030.
Rising Awareness towards COVID-19 Boost the Growth
People across the globe are gaining more knowledge aware about how the COVID-19 spreads. They are listening to the medical advices that doctors give. These advices include the use of the face masks to protect nose and mouth so that all the major entry point for the virus can be blocked. This is also a major factor that is propelling the growth of global disposable face mask market during the tenure of 2020 to 2030.
Challenges that Might Hamper the Growth of Global Disposable Face Mask Market
The major challenge that might impede the growth of global disposable face mask market is the massive gap between demand and supply. Due to Corona Virus Pandemic, the there is a huge demand for disposable face masks. However, there isn't many producers to fulfill this demand. This demand and supply gap might hamper the growth of global disposable face mask market during the tenure of 2020 to 2030.
Global Disposable Face Mask Market: Regional Analysis
In terms of geography, Asia Pacific is expected to dominate the global disposable face mask market. This dominance of the region is the result of large population of countries like India and China. Moreover stringent government policies to protect the people from Corona Virus in India are also a major factor that is helping Asia Pacific to dominate the global disposable face mask market.
Analyze disposable face mask market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study.
The global disposable face mask market is highly progressive and largely fragmented. The nature of the market is the result of presence of various big and small players. However, due to this the new players are unable to enter the global disposable face mask market. To overcome this situation, the new players are merging and collaborating with the established players of global disposable face mask market.
Protective Face Mask Market – Increasing dependency of users on protective face masks for their own safety, and governments promoting these products for individual safety is likely to drive the growth of the protective face mask market during the forecast period.
Non-woven Face Mask Market – Non-woven face masks were only utilized for protection from dust and similar issues; but now with rising health concerns and increase in pollution in some regions, consumers readily opt for disposable non-woven face masks.
Sheet Face Masks Market – The global sheet face masks market has witnessed a significant development in recent years. This is mainly because of the growing demand and popularity of sheet face masks products. In addition to this, growing demand for personal beautification and hygiene products is also helping to drive the growth of the global market.
N99 Face Mask Market– The decrease in air quality due to rise in urbanization and industrialization have led to increase in air pollution; this is likely to drive the growth of the N99 face mask market during the forecast period.
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About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.