Face Mask Industry Analysis by Top Leading Player, Key Regions, Future Demand and Forecast upto 2028
Increasing number of surgical procedures in hospitals is a significant factor driving global face mask industry growth
The new report titled ‘Global Face Mask Market, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Face Mask Market outlook over the forecast duration (2019-2027). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.
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.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.
Outbreak of SARS-CoV-2 has resulted in a drastic increase in demand for personal respiratory protection such as face masks as a safety measure to avoid contracting the infectious virus and to curb its spread. Coronavirus spreads primarily from one person to other via respiratory droplets and use of face masks provides a barrier to prevent respiratory droplets of an infected person from reaching others.
Also, it is particularly necessary to wear a face mask when a person is indoors with visitors and are incapable of maintaining safe distance from them. Also, various governments worldwide have mandated wearing of face masks covering mouth and nose as a precautionary measure to combat spread of coronavirus. In most countries, this mandate has been extended on public transportation and for public places.
Market Size – USD 76.72 Billion in 2020, Market Growth – at a CAGR of (5.2) %, Market Trends – Outbreak of SARS-CoV-2
To Get More Information: https://www.emergenresearch.com/industry-report/face-mask-market
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.
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