The Future of Disposable Face Mask….. COVID-19 & Its Impact….Posted by Mrudula Anil Karmarkar on September 17th, 2021 The global disposable face mask market size is anticipated to reach USD 23.81 billion by 2027, expanding at a CAGR of 53% over the forecast period, according to a new report by Grand View Research, Inc. 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. With the product supply chain in China and other major suppliers under lockdown, the industry is currently faced with significant challenges with regards to ramping up manufacturing capacities to help mitigate the supply shortage. Our team is working to account for the rapid surge in our estimates. The report will account for Covid19 as a key market contributor. 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. The protective masks segment emerged as the largest product segment and accounted for more than 35.0% share of the global revenue. Protective masks are used to eliminate or reduce the risk of coming in contact with contagious pathogens, disease carrying germs, and airborne infections. These products are also used as a protectant while performing surgery in order to protect surgeons from viruses and germs. Furthermore, these products are used by workers in the paints, varnishes, and other chemical manufacturing companies to ward off harmful chemicals. Asia Pacific is expected to remain as one of the most prominent regional markets in the foreseeable future owing to growing industrial sector in emerging economies, including China and India. Furthermore, supportive government initiatives to protect the health of the working and non-working classes in the above-mentioned countries are driving product demand in the near future. Disposable Face Mask Market Report Highlights
The industry is highly competitive in terms of product variation and pricing. Key players are focusing on developing disposable face covers with better ventilation, filtration, water-proofing, and other benefits to increase user-friendliness and protection. Rising consumer demand for innovative, high filtration efficiency, and application-specific masks is expected to open new opportunities for the key players over the next few years. Introduction of special respiratory disposable face covers is a key trend in the market, which has enabled key market participants to customize the product accordingly to customer requirements. Have a Query? Ask Our Expert: https://www.grandviewresearch.com/inquiry/5953/ibb Grand View Research has segmented the global disposable face masks market on the basis of product, application, distribution channel: Disposable Face Mask Product Outlook (Revenue, USD Million, 2016 - 2027)
Disposable Face Mask Application Outlook (Revenue, USD Million, 2016 - 2027)
Disposable Face Mask Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. For More Information:www.grandviewresearch.com Like it? Share it!More by this author |