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GLOBAL FACE MASK MARKET SIZE


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The global face mask market has reached USD 2.86 Million in 2019 and is further projected to reach USD 4.38 billion by 2026, growing at a CAGR of 5.4% during the forecast period. Wearing face masks is one of the new norms in almost all countries worldwide, in light of the global pandemic crisis. It is being considered as an effective social norm to prevent the spread of the virus infection. Thus, the increasing demand for face masks is fueling the growth of the face mask market.

 

Glob al Face Mask Market Overview:

A face mask is a type of protective mask that serves to protect against airborne diseases including mumps, COVID19, chickenpox, influenza, and measles. It is a half-face mask that usually protects the nose, mouth & chin. Moreover, the outbreak of respiratory infection-based pandemic diseases such as H1N1 and COVID19 drive the demand for face masks among frontline health workers including first responders, nurses, and medical practitioners. Additionally, the N95 respirator masks are finding considerable use in protecting healthcare workers against job-related exposure to infectious viruses and micro-organisms. Therefore, such factors are significantly boosting the sales of face masks from medical outlets. 

Global Face Mask Market Forecast and Trends

 

Growth Drivers 

 

Occurrence of Communicable Diseases

The occurrence of communicable diseases such as anthrax and influenza has intensified the development of the global face mask market. Growing anxieties concerning the defense of healthcare workers such as doctors, nurses, etc. from these transmissible diseases served as one of the major promoters for the face mask market growth. Additionally, growing airborne infections such as chickenpox and measles have fortified both large-scale and small-scale healthcare facility providers to include surgical facemasks in their offices. Rapid growth in population and urbanization has led to frequent close interpersonal contacts with other people which favors the transmission of respiratory infections. During the recent outbreak of the COVID-19 pandemic, facial masks, once dedicated to specific professions, are rapidly becoming common amongst other end users.

 

Prevention from Hospital Acquired Infections (HAIs) 

One of the most important functions of a face mask is to prevent patients from picking up Hospital Acquired Infections (HAIs) that can be life-threatening. With the recent advancements in medicare facilities, the awareness regarding hospital-acquired infections has also increased. As per data released by the Center for Disease Control and Prevention, more than 30% of HAIs are surgical site infections that add a hefty amount to the hospital bill of the patient. Due to this huge amount of money that patients have to spend because of the surgical site infections, people have become more aware of the causes and prevention of HAIs. This increasing awareness regarding HAIs is fueling the growth of the global face mask in the hospital segment.

 

Restraints

 

Devastating effect of face masks on the environment

It is observed that the face mask was thrown out, near or outside the beach. Most of these face masks contain or are made of polypropylene which is not quick to break down. Pollution from marine plastics and face mask is a serious problem. Each year more than eight million tons of plastic and a considerable amount of face masks are expected to flood oceans. This waste does not disappear, but rather slowly breaks down into micro-plastic with a devastating effect which enters food chains. The aforementioned factor is projected to impede the growth of face masks in the upcoming years.

 

Impact of COVID-19 in the industry

 

The ongoing novel pandemic of coronavirus disease (COVID-19) has spread exponentially in early 2020, causing 747,305 deaths, more than 20,810,774 cases, and widespread socio-economic disruption. With no vaccine available, transmission-limiting measures are desperately needed. In summary, the use of face masks can effectively provide some mitigation of transmission, especially for a pathogen with the relatively common asymptomatic carriage, while balancing provision between vulnerable healthy and symptomatic persons can optimize mitigation efforts when resources are limited. It is observed that face masks, even with a limited protective effect, can reduce infections and deaths, and can delay the peak time of the epidemic. That allows players to do mass production to meet the supply-demand chain. 

 

 

GLOBAL FACE MASK MARKET SIZE-converted.pdf

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