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In North America, the expanding geriatric population has resulted in an increase in outpatient visits. The population of people aged 85 and over is predicted to increase at a healthy speed. According to the Canadian Institute for Health Information (CIHI), there were approximately 3 million acute inpatient hospitalisations in Canada in 2019–2020, with a hospitalisation rate of 7,699 per 100,000. As a result of the pandemic's significant impact on the United States, major market participants have launched mask product lines to ensure that healthcare workers have access to masks on a consistent basis. According to the Health Effects Institute's study State of Global Air 2018, nearly 95% of the world's population lives in places that do not meet the World Health Organization's minimal PM 2.5 limits for healthy air.
In April 2020, The 3M Company (NYSE: MMM) announced that it is planning to invest USD 20 million to help frontline healthcare professionals and vulnerable communities who have been disproportionately affected by the virus. This initiative will also enable medical research programmes so that the situation can get better soon. The company has also scaled up the production of masks and respirators by two times. In addition to this, Uvex Winter Holding GmbH & Co. KG launched a new product line- the Uvex silv-Air lite, which will effectively prevent spectacles from fogging up due to its innovative fit. Due to a global lack of supplies in 2020, Foxconn, the maker of the Apple iPhone, began manufacturing surgical masks in February 2020. The expanding range of innovative product lines and involvement of key market players are driving the market.
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The major global players in the market for disposable face mask are Uvex Winter Holding GmbH & Co. KG, The 3M Company, Honeywell International Inc., Moldex-Metric Inc., The Gerson Companies, and Kimberly-Clark Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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