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Global Face Mask Market Saw a Healthy Growth During the Historical Period of 2016-2020, Aided by the Outbreak of the COVID-19 Pandemic

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:

  • By type, the industry is segmented into surgical mask, dust mask, and N65 respirators.
  • The market, on the basis of material, can be divided into cotton, polypropylene, among others.
  • Based on nature, the industry can be divided into reusable and disposable.
  • The distribution channels for face mask include direct distribution and retail distribution.
  • The regional markets for face mask include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rising demand for safety wears to take proper measures against the COVID-19 virus has led to the growth in the face mask industry.
  • As there is an expansion in the e-commerce sector, the face mask industry boomed because of various offers and discounts provided by the retailers.
  • The rising health concerns regarding coronavirus and air pollutants among people around the globe have led to the expansion in the face mask industry.
  • Rise in pharmacies in various nations helped the industry of face mask to flourish further than expected.

Key Offerings of the Report:

  • The EMR report gives an overview of the global face mask market for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the types, materials, natures, distribution channels, and regions of face mask.
  • It assesses the regional price trends for the (2016-2020) and (2021-2026) periods. 
  • The market report also analyses the trade data by covering the major importing and exporting countries. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

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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