The report “Face Mask Market by Nature (Disposable, Reusable), Material Type, Type (Surgical, Respirator), End-Use, Distribution Channel (Pharmacy & Drug Stores, Supermarket & Hypermarket, Specialty Stores, E-commerce) and Region – Global Forecast to 2027″, The face mask market is projected to grow from USD 25.1 billion in 2022 to USD 3.0 billion by 2027, at a CAGR of -34.5% from 2022 to 2027. The market is projected to witness tremendous growth from 2018 to 2021, followed by a sharp decrease in the years till 2027. Factors contributing to the exponential growth and then decrease during the forecast period in the spread of the COVID-19 globally, and the possible decrease in the spread of the novel coronavirus after the years 2022. Other factors such as the rise in consumer awareness pertaining to the importance of face masks, and the surge in social media marketing to encourage a positive attitude towards wearing masks, are driving the demand for face masks globally.
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• 221 Market data Tables
• 57 Figures
• 259 Pages and in-depth TOC on “Face Mask Market – Global Forecast to 2027”
Some of the prominent key players are:
- 3M Company (US)
- Honeywell International Inc. (US)
- Kimberly-Clark Corporation (US)
- Cardinal Health, Inc. (US)
- Owens & Minor, Inc. (US)
- Alpha Pro Tech, Ltd. (Canada)
- Ambu A/S (Denmark)
Opportunity: Growing healthcare industry in emerging economies
Developing nations and economies such as China, Brazil, India, and South Africa are expected to provide massive growth opportunities for companies of the face mask market. Increasing aging population, high patient volumes, rising per capita income, and awareness to maintain health & hygiene are some of the variables that are helping the face mask market to grow in these countries. Companies are expected to capitalize on these developments and improve their geographic reach to gain additional revenue.
By type, surgical segment is estimated to be the fastest-growing segment of face mask during 2022 to 2027.
The surgical type segment of the face mask market is projected to be the fastest-growing segment during 2022 to 2027. The primary reason of the demand for surgical masks can be attributed to its use in the healthcare industry.
Middle East and Africais estimated to be the fastest-growing region in the global face mask market during the forecast period
Middle East & Africa is projected to be the fastest-growing market for face mask during the forecast period. The growing demand for face mask is primarily driven by the economies in UAE and Saudi Arabia. The growth in this segment is due to rising geriatric population, increasing prevalence of chronic diseases, rising medical tourism, an increase in discretionary incomes and increased demand for advanced medical facilities.
