The new report by Expert Market Research titled, ‘‘Global Face Mask Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’, gives an in-depth analysis of the global face mask market, assessing the market based on its segments like type, materials, nature, distribution channels, and major regions like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2023-2028)
- Historical Market Value (2020): USD 20.6 billion
The COVID-19 pandemic is presently sweeping the globe. Coronavirus infection can cause multiple organ failure, acute and severe respiratory difficulties, pneumonia, and even death. As a result, an increase in the number of people infected with the coronavirus is predicted to boost the global face mask market. Face masks are critical for controlling infectious diseases, especially when it comes to preventing droplet transmission.
A surgical face mask is quite effective in avoiding SARS transmission. The global face mask market is predicted to expand due to an increase in the usage of surgical face masks. The global surgical face mask market is expected to grow as a consequence of a greater emphasis on the production of protective equipment, such as face masks, as a result of increased knowledge of preventative care.
Following an initial surge in demand for face masks during the COVID-19 outbreak, the market is likely to slow throughout the forecast period. Furthermore, the increased availability of face masks is projected to impede market growth in the approaching years. Furthermore, growing face mask prices are projected to stymie the global face mask sector.
Face Mask Industry Definition and Major Segments
A face mask is a covering that a human wears over one’s face, for example, to prevent poor air from entering the lungs or germs from spreading, or to protect one’s face in a dangerous circumstance.
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Based on type, the market is bifurcated into:
- Surgical Mask
- Dust Mask
- N95 Respirators
Based on material, the market is divided into:
- Cotton
- Polypropylene
- Others
Based on nature, the market is categorised into:
- Reusable
- Disposable
Based on distribution channels, the market is segmented into:
- Direct Distribution
- Retail Distribution
The regional markets for global face mask market panel:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Face Mask Market Trends
Increased penetration of multiple online portals in emerging markets, as well as an increase in the number of offers or discounts, motivates consumers to purchase face masks via online channels. This has contributed to the expansion of the face mask industry. Furthermore, as the internet sales channel has increased client reach, it has become a significant source of revenue for many organisations. Furthermore, the online sales business is expected to grow in the near future due to significant growth in internet and mobile user bases in emerging economies. Increased e-commerce sales, better logistical services, easier payment options, and the potential for large businesses to reach out to new customers.
Key Market Players
The major players in the market are 3M Company, Alpha Pro Tech Ltd, Cambridge Mask Co, Cardinal Health Inc, Honeywell International Inc, Kimberly-Clark Worldwide Inc, Moldex-Metric Inc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments, mergers and acquisitions, among other latest developments of these market players.
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Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
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