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Face Mask Market Revenue, Growth Drivers, Regional Outlook And Forecast 2021-2028

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Face Mask Market Revenue, Growth Drivers, Regional Outlook And Forecast 2021-2028

August 11
18:09 2021
Face Mask Market Revenue, Growth Drivers, Regional Outlook And Forecast 2021-2028
Increasing number of surgical procedures in hospitals is a significant factor driving global face mask market growth

The latest Face Mask market research report is a compilation of the latest growth trends and the emerging market segments. The report adeptly draws reader’s attention to the ever-changing patterns of the Face Mask industry and its prominent facets, infrastructural properties, and highly dynamic environment. The report lists down some critically important parameters that help the market bolster its global foothold and contribute substantially to future revenue generation. Our team of experts has included specific details related to the Face Mask industry, such as product offerings, sales and revenue estimates, leading regions, key market contenders, and technological upgradation in the report.

The global face mask market size was USD 76.72 Billion in 2020 and is expected to reach a significantly smaller size of USD 58.17 Billion in 2028, and register a decreasing growth rate of 5.2% from 2021 to 2028, according to latest analysis by Emergen Research. Market revenue is expected to register a CAGR of 8.5% from 2020 to 2022 due to the drastic surge in demand for face masks due to COVID-19 pandemic in 2020 and the onset of the second wave in 2021.

Before 2020, face masks were generally used in healthcare facilities during surgeries/operations and by industrial workers and people staying in highly polluted areas. Also, consumer awareness about benefits of face mask was low earlier, unlike during the pandemic. However, during the pandemic, face masks witnessed a spiraling increase in demand, which is expected to gradually trend downward as the situation comes under control in the latter part of the forecast period, leading to a decreasing growth rate of the face mask market in late 2021.

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The report by Emergen Research, titled ‘Global Face Mask Market,’ studies a wide spectrum of factors impacting the performance of the Face Mask market. The report includes a historical analysis of the market from 2017 to 2018 to provide the reader with a deep understanding of the current market scenario. Moreover, it offers accurate market estimations for the forecast period (2019-2028).

The report is the latest document encompassing the profound changes in the market dynamics and trends that followed the COVID-19 outbreak. The global health crisis has led to massive changes in the global economic scenario and, particularly, this business sphere. The pandemic has drastically affected the Face Mask market with disruptions to supply chains and volatility in prices and demands. The remarkable impact of the pandemic on the Face Mask industry and its crucial segments has been depicted in the report. However, the market is expected to regain momentum in the post-COVID scenario, as per market experts.

Competitive Landscape:

The research offers an in-depth survey about the performance of each key player in the Face Mask market. It provides information about their current advancements and key market strategies. The Face Mask report also aims to provide additional information about suppliers, buyers, and manufacturers. The study offers a comprehensive analysis of market share, consumption, growth rate, and product type, and application growth. It further offers comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. The company profiles of the established and new players have also been assessed in the Face Mask report through effective analytical tools like SWOT analysis.

Top key Companies in Face Mask Market are:

Alpha Pro Tech Ltd., Cardinal Health Inc., The 3M Company, Ambu A/S, Cantel Medical Corporation, Medline Industries Inc., Honeywell International Inc., Makrite, Owens & Minor Inc., and Uvex Group.

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Segmentation Landscape:

The report further segments the Face Mask market on the basis of product types and application spectrum offered in the market. The report also offers insights into the segment expected to show significant growth over the projected period. The study focuses on the growth rate of every segment and is explained through detailed graphs, figures, charts, and tables. These segments are analysed on the basis of present, emerging, and future trends. The regional segmentation provides current and forecast demand estimation for the Face Mask industry in key regions.

Emergen Research has segmented the global face mask market on the basis of product type, material type, usability, end-use, and region:

  • Product Type Outlook (Revenue, USD Million; 2018–2028)
    • Surgical Masks
    • Respirators
      1. N-series
      2. P-series
      3. R-series
    • Others
  • Material Type Outlook (Revenue, USD Million; 2018–2028)
    • Polyurethane
    • Polypropylene
    • Polyester
    • Cotton
  • Usability Outlook (Revenue, USD Million; 2018–2028)
    • Disposable
    • Reusable
  • End-Use Outlook (Revenue, USD Million; 2018–2028)
    • Hospitals & Clinics
    • Ambulatory Surgical Centers
    • Research Institutes
    • Industries
    • Individuals

Some Key Highlights From the Report

  • In August 2020, KARAM, which is a leading producer of protective equipment in India, introduced its range of disposable masks to provide protection against microbes, dust, smoke, and others, particularly for industrial workers.
  • N-95 respirators provide greater protection against infectious respiratory diseases such as the novel coronavirus as these respirators filter out about 95.0% of air-borne particles from the air. N-95 respirators are medical-grade face masks and are sized to offer a close-fitting barrier between the face and the external air, thereby providing protection to healthcare providers from airborne respiratory droplets from an infected person.
  • Face masks are generally composed of layers of nonwoven polypropylene. Melt blown polypropylene finds use as the middle layer of various certified medical face masks and in the production of respirators, including, N-99 and N95, due to its highly efficient filtering capability. Propylene fibers block airborne particles while enabling easy flow of air. The key benefit offered by use of nonwoven propylene is a significant price reduction as compared to woven or knitted spun yarns owing to the technique used to produce the material.
  • Face mask market in Asia Pacific accounted for largest revenue share in 2020, attributed to presence of large population resulting in a larger consumer base and increasing prevalence of infectious respiratory diseases. In addition, rising disposable income and growing demand for disposable face masks in developing countries such as India and China are causative of steady market revenue growth in the region.

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Regional Landscape:

The report gives a comprehensive analysis of the Face Mask market at the global and regional level, and the forecast has been presented in terms of value and price for the period of 8 years from 2020-2027. The report covers an extensive study of the market drivers and restraints on the global scale and provides an impact analysis of those market drivers and restraints on the demand and supply ratio for the Face Mask market throughout the forecast period.

The complete regional analysis covers:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The Global Face Mask Market is formulated through extensive primary and secondary research, which is further validated and verified by industry experts and professionals. SWOT analysis and Porter’s Five Forces Analysis are used to examine and assess the market and its players. Moreover, the report also offers a feasibility study and investment return analysis to assist the readers in making strategic investment plans.

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Key takeaways of the Global Face Mask Market report:

  • The report sheds light on the fundamental Face Mask market drivers, restraints, opportunities, threats, and challenges.
  • It elaborates on the new, promising arenas in the leading Face Mask market regions.
  • It examines the latest research & development projects and technological innovations taking place in the key regional segments.
  • The research report reviews the regulatory framework for creating new opportunities in various regions of the Face Mask market
  • It focuses on the new revenue streams for the players in the emerging Face Mask markets.
  • Furthermore, the report offers vital details about the rising revenue shares and the sizes of the key product segments.

Overview of the TOC of the Report:

  • Introduction, Scope, and Overview
  • Opportunities, Risks, and Drivers
  • Competition landscape analysis with sales, revenue, and price
  • Extensive Profiling of the Face Mask key competitors with the sales figures, revenue, and market share
  • Regional analysis with sales, revenue, and market share for each region for the forecast period
  • Country-wise analysis of the Face Mask market by type, application, and manufacturers
  • Face Mask Market Segmentation based on types
  • Face Mask Market segmentation based on applications
  • Historical and forecast estimation

Media Contact
Company Name: Emergen Research
Contact Person: Eric Lee
Email: Send Email
Phone: +1 (604) 757-9756
Address:14671 110 Avenue Surrey, British Columbia, V3R2A9
City: Surrey
State: British Columbia
Country: Canada
Website: www.emergenresearch.com/industry-report/face-mask-market