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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Market Dynamics:
The report offers insightful information about the market dynamics of the Face Mask market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Face Mask market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Face Mask market.
Radical Highlights of the Face Mask Market Report:
• Comprehensive overview of the Face Mask market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Face Mask market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
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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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
Regional Segmentation;
North America (U.S., Canada)
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)
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