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Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
According to a new report by EMR titled, ‘Global Face Mask Market Report and Forecast 2021-2026’, the market attained a value of about USD 20.6 billion in 2020. The industry is further expected to slow down to a value of around USD 10.2 billion by 2026.
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.
Market Analysis by Type, Material, Nature, Distribution Channel, and Region:
Key Findings of the Report:
Key Offerings of the Report:
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.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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