9 มิ.ย. 2021 เวลา 08:23 • ธุรกิจ
Protective Face Mask Market Share, Industry Growth, Trends, Business Opportunities, Challenges, Growth Insights to 2026
The global protective face mask market share and size is projected to reach USD 3.59 billion by 2027, exhibiting a CAGR of 7.1% during the forecast period. Surging demand for face protection masks to contain the spread of the COVID-19 infection will considerably augment the growth of this market, states Fortune Business Insights™ in its report, titled “Protective Face Mask Market Size, Share & Covid-19 Impact Analysis, By Type (Medical Face Mask {Surgical & Procedure, N-95 Respirators, and Others}, Respirator, and Others), By Usage (Disposable, and Reusable), and By End-Use (Healthcare, Oil & Gas, Mining, Construction, Manufacturing, and Others) and Regional Forecast, 2020-2027”. According to the World Health Organization (WHO), approximately 89 million medical masks will be required on a monthly basis to meet the skyrocketing demand for protective medical equipment worldwide. This dire situation has gotten even more accentuated with countries reporting massive shortages of protective face masks. For example, Canada revealed in January 2020 that the country was running out of the 55 million N95 masks it had stockpiled during the SARS contagion of 2003. Italy, Europe’s worst-hit country by the coronavirus, has been received 800,000 masks from South Africa in March, but reported that it needed at least 10 million more. Widening gap between supply and demand of face masks has prompted companies to enhance their production capacities, which is opening unique expansion avenues for the market and fueling its growth.
Market Driver
Growing Intensity of Air Pollution Worldwide to Boost the Market
One of the central factors driving the protective face mask market growth is the intensification of air pollution and its effects on human health across globe. Recent data from the WHO reveals that 90% of people breathe polluted air, with ambient and household air pollution resulting in 7 million deaths worldwide every year. The main culprit is PM2.5 (particulate matter of less than 2.5 micro-meters), according to a report published by the World Bank, which penetrates the lungs and cardiovascular system, leading to life-threatening conditions such as stroke, lung cancer, respiratory infections, and heart disease. Protective face masks are effective in filtering these pollutants and preventing inhalation of deadly air contaminants. These masks are extensively used in urban areas, especially in developing countries, where energy consumption is high and pollution levels have reached inordinate levels.
Browse Summary of this Research Report with Detailed Table of Content: https://www.fortunebusinessinsights.com/protective-face-mask-market-103292
List of the Leading Companies Covered in the Protective Face Mask Market Research Report are:
ANSELL LTD (Australia)
Cardinal Health (U.S.)
Moldex-Metric (Germany)
Kimberly-Clark Worldwide, Inc. (U.S.)
DuPont (U.S.)
Medicom (Canada)
Eclipse Automation Inc. (U.S.)
Alpha Pro Tech (Canada)
Honeywell International Inc. (U.S.)
3M (U.S)
Regional Insights
North America to Lead the Pack Supported by Advancements in Protective Equipment
With a market size of USD 471.10 million in 2019, North America is set to dominate the protective face mask market share during the forecast period. The prime factor driving this market in the region is the availability of advanced protective equipment for medical personnel. In addition to this, the number of COVID-19 cases has risen astronomically in the US, which has surged the demand for these protective masks in the region.
In Asia Pacific, high production capacities of manufacturers in India and China are augmenting the market growth as these countries are two of the leading suppliers of hospital equipment worldwide. In Europe, uncontrolled spread of the coronavirus is propelling the demand for face masks by civilians as well as frontline healthcare workers.
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