The global Disposable Face Mask market size is expected to be worth around US$ 23.81 billion by 2027, according to a new report by Vision Research Reports.
The global Disposable Face Mask market size was valued at US$ 74.90 billion in 2019 and is anticipated to grow at a CAGR of 53.0% during forecast period 2020 to 2027.
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Growth Factors
The unprecedented spread of coronavirus worldwide, most notably in Europe and North America, is driving the demand for disposable face masks. Disposable face covers are extensively used in the healthcare sector. The proliferating OPD sessions and surgeries on a daily basis across the globe are anticipated to drive product demand within the healthcare sector. The function of disposable face masks is to reduce or eliminate the chances of being affected by potential environmental contaminants. Disposable face covers are typically made from non-woven fabric and are usually available in a multi-layer (two- or three-layer) form.
This high growth rate during the forecast period is attributable to the number of Covid19 cases across the globe as well as the latest mandates by several governments regarding the use of disposable face masks at all times in public places.
Rise in cases of hospital acquired infections (HAIs), growing elderly population, and development of healthcare facilities in emerging economies are fueling market growth. Different manufacturers use different types of material for manufacturing disposable face masks. 3M Company, for instance, offers a wide variety of NIOSH-approved filtering disposable face covers designed for numerous tasks, where chances of suffering from infection are high.
Report Highlights
Among products, protective face masks segment dominated the overall industry, accounting for a share of 35.7% in 2019.
Protective face covers have certain advantages for users with respiratory issues such as asthma or lung disease. Users with cardiovascular diseases also prefer them. Protective masks such as N95 are known to offer more protection to health care workers performing medical procedures that expose them to patients’ respiratory secretion.
The offline segment emerged as the largest in 2019, with a market share of 80.6%. This segment is likely to retain its pole position throughout the forecast period. Numerous brands prefer to sell their products through drug stores and pharmacies as these stores showcase a wide variety of disposable face masks.
E-commerce has significantly changed the shopping habits of people as it offers benefits such as door-step delivery, substantial discounts, and availability of a wide range of products through one platform.
By application, the industry is segmented into two categories, namely industrial and personal, wherein the industrial segment dominated the overall industry revenues in 2019, with a share of over 80.0%.
Asia Pacific emerged as the largest market for disposable face masks in 2019, having accounted for a market share of 33.6% in 2019.
North America is forecast to progress at the highest CAGR over the projected timeframe. Led by countries such as the U.S. and China, the demand for disposable face masks in North America is driven by an expanding consumer base, backed by rising awareness regarding health and personal hygiene.
Key Players
Market Segmentation
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– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
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