A prominent research firm, Cognizance Market Research, added a cutting-edge industry report on the “Global Disposable Face Masks Market”. The report studies the current as well as past growth trends and opportunities for the market to gain valuable insights during the forecast period from 2020 to 2028.
Global Disposable Face Masks Market Analysis
According to Cognizance Market Research, the disposable face masks market is valued at USD 94.65 billion by 2025.
What is Disposable Face Masks?
Today, disposable masks, particularly surgical face masks, have become a symbol of the times ahead. The Pandemics and increasing air emissions became more common. Surgical face masks traditionally used only by physicians and hospital personnel. Currently, they are in demand by the general population as the health crisis deepens with the pandemic’s steady march worldwide. For frontline healthcare, sanitation staff, and civilians in general, surgical and medical-grade masks have become basic Personal Protective Equipment (PPE). Although debate persists over the usefulness of face masks, they have nonetheless become representative of the human need to take some form of measure to remain safe, recognizing that there is no cure for the disease.
Global Disposable Face Masks Market Outlook
In the disposable face masks report, the market outlook segment mainly includes important dynamics of the market which include drivers, restraints, opportunities and challenges tackled by the industry. Opportunities and challenges are extrinsic factors whereas, Drivers and restraints are intrinsic factors of the market.
The emergence of the COVID-19 pandemic, the increase in customer perception about the value of face masks, and the rise in social media ads to foster a healthy attitude towards wearing masks are the key factors driving the growth of the face mask industry. Mask processing has to be expanded by more than double to satisfy market demand, according to the World Health Organisation. As the pandemic has spread to over 213 countries, governments across the world are banning shipments of masks by expanded production to satisfy internal demand. In countries that rely on imports, this has resulted in shortages. Thus, several businesses worldwide are making efforts to increase the production of face masks in order to satisfy the growing demand for masks.
At the beginning of May 2020, 88 percent of the world’s population resided in countries that recommended or required the use of masks in public; masks were mandated by more than 75 countries. For players in the face mask industry, developing economies such as India, Brazil, China and South Africa have major opportunities. In these countries, the demand for better healthcare facilities is largely motivated by the increasingly growing ageing population, large numbers of patients, rising per capita income, and increasing recognition. This has created huge growth opportunities for producers.
The report offers the revenue of the global disposable face masks market for the period 2018–2028, considering 2018 as a historical year, 2019 as the base year, and 2020 to 2028 as the forecast year. The report also provides the compound annual growth rate (CAGR) for this market for the forecast period. This market report provides insights and in-depth analysis into developments impacting enterprises and businesses on a regional and global level. The report covers the global market performance in terms of revenue contribution from several segments and comprises a detailed analysis of key drivers, trends, restraints, and opportunities prompting revenue growth of the global disposable face masks market.
The report has been prepared after wide-ranging secondary and primary research. Secondary research included internet sources, numerical data from government organizations, trade associations, and websites. Analysts have also employed an amalgamation of bottom-up and top-down approaches to study numerous phenomena in the global disposable face masks market. Secondary research involved a detailed analysis of significant players’ product portfolios. Literature review, press releases, annual reports, white paper, and relevant documents have been also studied to understand the global disposable face masks market. Primary research involved a great extent of research efforts, wherein experts carried out interviews telephonic as well as questioner-based with industry experts and opinion-makers.
The report includes an executive summary, along with a growth pattern of different segmented included in the scope of the study. The Y-o-Y analysis with elaborate market insights has been provided in the report to comprehend the Y-o-Y trends in the global disposable face masks market. Additionally, the report focuses on altering competitive dynamics in the global market. These indices serve as valued tools for present market players as well as for companies interested in participating in the global disposable face masks market. The subsequent section of the global disposable face masks reports highlights the USPs, which include key industry events (product launch, research partnership, acquisition, etc.), technology advancements, pipeline analysis, prevalence data, and regulatory scenario.
Global Disposable Face Masks Market Competitive Landscape
The “Global Disposable Face Masks Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Honeywell; 3M; Moldex; Kimberly Clark; Uvex; KOWA; SAS Safety Corp. and others
The report explores the competitive scenario of the global disposable face masks market. Major players operating in the global disposable face masks market have been identified and profiled for unique commercial attributes. Company overview (company description, product portfolio, geographic presence, employee strength, Key management, etc.), financials, SWOT analysis, recent developments, and key strategies are some of the features of companies profiled in this market report.
Key Questions Answered in disposable face masks Market Report
- What are the major players operating in this market?
- What are trends, drivers, opportunities, and challenges in this market?
- Which is the leading country in this market?
- What are the revenue share forecasts of key sections of the global disposable face masks during the estimated timeframe?
- Which segment is expected to lead this market in terms of revenue by 2028?
- How partnerships & alliances among companies operating in the market are broadening the scope of this market?
- Who are the top 7 leaders of this market?
- Which unmet needs will remain unaddressed over the projected period?
The global disposable face masks market has been segmented as below:
Global Market, By Product
- Protective Masks
- Dust Masks
- Non-woven Masks
Global Market, By Application
Global Market, By Distribution Channel
Global Market, by Region
- North America
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
Rest of Middle East & Africa