The global face mask market size is estimated to be USD 88.32 billion in 2020 and forecast to reach USD 3.12 billion by 2027, at a CAGR of 29.7% over the forecast period, 2021-2027. A face mask is a defensive barrier that protects against airborne infectious illnesses and respiratory problems such as COVID19, influenza, chickenpox, asthma, lung diseases. The Face Masks eliminate or remove the risks of cross-contamination amongst health care workers. Health care officials have recommended the use of face masks should not be limited to health employees. Disposable face masks minimize the chances of being affected by environmental contaminants. Numerous companies tend to sell their products through drug stores and pharmacies. Many key players rely on E-Commerce as it has modified the shopping habits and provides many advantages such as direct home delivery, large discounts, and availability of a wide variety of products.
Coronavirus spread globally fuels the face mask market. The use of face masks regularly in OPD sessions and surgeries is anticipated to expand the market further. Rising consumer awareness regarding airborne infections and emission levels has been generating a healthy demand for the product. A protective face mask provides many benefits for people with respiratory and cardiovascular diseases.
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The growing penetration of online shopping platforms is expected to boost the demand for Face Masks. Many online shopping firms are among the major online contributors to the distribution and delivery of face masks. Non-woven masks are made using plastic variants to give protection against infection at the workplace. The global face mask market sights various opportunities in gaining momentum and rising customer reach among its target segments through social media marketing strategy.
A major challenge to the industry’s growth is the growing proliferation of counterfeit goods both in retail stores and online platforms. Typically, these counterfeits masks are manufactured in unsterile places. Many cases of suppliers mark their products with false brand names of reputed manufacturers of the medical field. Counterfeit brands are of poor quality and sometimes lead to inconvenience & safety problems which ultimately create negative customers’ opinions.
With the product supply chain and other major suppliers under lockdown, the industry faces significant challenges in increasing manufacturing capacities to offset supply shortages further. Social distancing and face masks are only the way to hold people away from contagious viruses such as COVID19. Owing to the pandemic, the face mask market is witnessing a healthy CAGR growth due to increased personal use of masks.
The report outlines the study of the face mask market based on product type, material, nature, distribution channel, and end-user industry.
North America is the largest face mask market globally, followed by the Asia Pacific and Europe. North America is projected to grow with a healthy CAGR in the global market over the forecast period. North America has the highest number of COVID-19 cases, which would support the growth of the face mask market in the region. Growing awareness regarding health and hygiene is driving the market.
The Asia Pacific accounted for the highest market share face mask market in 2020. A broad customer base, along with the outbreak of the Corona Virus, is forcing the manufacturers operating in the region to increase the mask production capacity to satisfy the growing demand for the product. In the European region, mandatory masks in public places and rules regarding the lockdown have nearly minimized the outbreak substantially.
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Some of the prominent players in the face mask market include Honeywell International, The 3M Company, Cardinal Health, Moldex-Metric Incorporated, Kimberly Clark Corporation, Uvex.
The other major companies are KOWA, SAS Safety Corporation, Prestige Ameritech, Alpha ProTech, Shanghai Dasheng Health Products Manufacturing Corporate Limited, The Gerson Company, Cardinal Health, Cambridge Mask Company, Trimpeks, Medi Dent Disposable International, Medline Industries, Molnlycke Health Care, Owens & Minor, Narang Medical Limited.
The face mask market report provides a thorough analysis of macro-economic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of the segmental/regional outlook with the market players in the respective segment and region/country. The information concluded in the report includes the inputs from industry participants and industry experts across the value chain.