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Protective face masks are widely accessible in pharmacies throughout nations. In fact, the pharmacies sector of the face mask industry captured good growth and is expected to grow significantly in the coming years, owing to easy access to pharmacies and the variety of products available in these stores. Coronavirus has drastically affected the global situation. India is the world's second-worst-affected economy due to this epidemic. This aspect has boosted the demand for protective face masks in the country, allowing the country to plan ahead. Thus, these factors have impacted the growth of the face mask industry positively.
3M (NYSE: MMM) and Pandemic Action Network announced on 2nd June 2021 that they will collaborate on programmes to help stop COVID-19 from spreading, as well as a pledge to work together in the future to help prepare for pandemics. During the pandemic, 3M led a comprehensive global response to country-specific needs, and it would now combine its lessons learned with those of the Pandemic Action Network, the first organisation of its kind to advocate for policy changes as well as improved support and resources to ensure countries are better equipped to prevent, detect, and respond to pandemic threats. Further, various innovations in the face mask industry are expected to bolster the market growth.
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The major players in the global market for face mask are 3M Company, Alpha Pro Tech, Ltd., Cambridge Mask Co., Cardinal Health, Inc., Honeywell International Inc., Kimberly-Clark Worldwide, Inc. and Moldex-Metric, Inc., 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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