Global Mask Market- Industry Analysis and Forecast


Posted June 13, 2020 by pallavivn

Global Mask Market was US$ XX.XX Mn in 2019 and is expected to grow at CAGR XX.XX% in forecast period. Increasing demand due to high spread of COVID 19 (Corona Virus) in 2020 and rising air pollution drives the market growth .
 
Global Mask Market was US$ XX.XX Mn in 2019 and is expected to grow at CAGR XX.XX% in forecast period. Increasing demand due to high spread of COVID 19 (Corona Virus) in 2020 and rising air pollution drives the market growth .

Global Mask Market Overview:

The attack of COVID 19 in the February & March 2020 across the globe has created an exponential rise in the demand of masks. The governments in China, Italy, India and several other countries in Asia Pacific, Europe and North America have undertaken a number of measures to curb COVID 19 (Corona Virus) issues by using mask. The upsurge demand across the globe has put pressure as well as opportunity on the manufacturers to produce mask in more quantity and introduce newer products in the market in order to provide a variety of options to customers. To avoid the large spread of Corona virus made everyone to wear mask compulsorily as it resist the transfer of germs of corona. This has brought the market from XX.XX Mn in end of 2019 to XX.XX Mn in the start of 2020, this is the huge upsurge in sale due to the corona virus.

For the purpose of safety and well-being of patrons, the government poses stringent regulations on various industrial sectors for all employees and workers in offices, factories and construction areas. In addition, the initial months of 2020 has emerged as very crucial time for the world due to speedily spreading COVID 19 (Corona Virus) but this has created the exponential demand in the mask and extraordinary growth in the mask market. The growing trend of buying through online portals such as Amazon, Alibaba, Snapdeal and several others websites will generate revenue at large. At the same time, disturbing rise in pollution levels across the globe has led to demand for air filtering products for personal and occupational purposes. Growing incidences of respiratory diseases such as asthma, COPD, bronchitis, lung cancer and corona virus has supplemented the mask demand.

Masks are designed to ensure effective protection from pollutants in the air, for which, users are required to wear a well-fitted mask of proper size, which covers the nose, mouth and chin without parting any gaps. Masks that are irregular in shape, cause leakages or have used enough that their filtering capacity can prove to be ineffective. Besides, speedily growing urbanization as well as industrialization rates in developing economies such as China and India poses an alarming threat to pollution levels, which will create huge opportunity for the growth of the market in forecast period (2020-2027).

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Global Mask Market Segmentation Analysis:

Segmentation Analysis by Product:

Disposable masks are cost effective as these are manufactured from low-cost feasible materials, which consist of multiple layers of non-woven fabric material. These layers provide liquid resistance and help in avoiding perspiration, saliva and facial hair in interfering with the mask. The other layers are made from non-woven, melt blown and liquid resistant polypropylene. It helps in creating an obstruction and protects person against bacteria, body fluids, and particulate contaminants. With the several benefits of disposable mask, it captured the largest product segment, accounting for more than 50% of the market in 2019. Disposable mask are expected to grow with highest CAGR of XX.XX% during forecast period.

Reusable masks are designed for long-term usage and are available at higher prices compared to disposable variants. Manufacturers in this industry are continuously striving for product innovation in the category and provide more customer convenience. Some manufacturers have introduced reusable masks have with a high quality polyester non-woven cloth filter. These products offers high pollution filtration rate and provides safety from airborne viruses, PM2.5, and various particles which may cause dangerous dieses. It is known to help prevent bronchitis, asthma, respiratory problems and allergies, by maintaining physical health.

This Report Is Submitted By : Maximize Market Research Company
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Issued By pallavi
Country India
Categories Business
Tags global mask market
Last Updated June 13, 2020