Global Protective Face Masks Market Size (Volume and Value) And Growth to 2027 Shared in Most recent Research
Category: #business  By Ronak Bora  Date: 2021-08-02
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Global Protective Face Masks Market Size (Volume and Value) And Growth to 2027 Shared in Most recent Research

The global protective face masks market is anticipated to gain significant traction over the projected timeframe, owing to the escalating challenges posed by the ongoing COVID-19 pandemic, along with the strong awareness about the face masks benefits across the globe. Likewise, the increasing number of surgical procedures worldwide and the rapid production of face shields and masks by key manufacturers will create lucrative growth opportunities for the industry in the coming years.

As per the CDC (Centre for Disease Control & Prevention), nearly 120 million people are infected with coronavirus globally. In order to overcome this unprecedented crisis, the WHO, CDC, and other authorities have provided guidance and advice on the use of face masks for COVID protection and to limit its spread. Furthermore, accelerating product adoption in ambulatory surgical centers and hospitals will have a positive influence on the market expansion over the forecast spell.

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As per Global Market Insights, Inc. estimates, the global protective face masks market size is likely to surpass $7.1 billion by 2027.

In terms of segmentation by product, the global protective face masks market from the face shields segment registered revenue worth over $1.2 billion in 2020 and is slated to proliferate at a rapid pace over the forthcoming years. The growth can be credited to the mounting product adoption as a 2nd layer of protection over face masks, alongside its capabilities to extend the lifespan of the protective face masks. This extra layer of protection will further help lower the chances of getting infected by several viruses, thereby leading to a surge in its demand.

The face shields segment is further sub-segmented into disposable and reusable segments based on usability. Of these, the reusable sub-segment is expected to hold a considerable share in years ahead, due to its cost-effective nature. With an aim to reduce the risks of coronavirus spread, Adidas, in May 2020, unveiled a reusable face mask, Face Cover, designed from the breathable recycled material.

With regards to the end-use spectrum, the ambulatory surgical centers segment is set to record remuneration of $1.9 billion by 2027, which is attributable to the growing number of patients who prefer these centers for surgeries. The segmental expansion will further be impelled by the availability of advanced facilities in these centers and single-day cardiovascular surgery, boosting the face mask demand and in turn, driving the overall industry share.

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The Ambulatory Surgery Center of Western New York has revealed its commitment towards addressing the concerns as well as ensuring the health and safety of the patients and healthcare workers through various initiatives. These include the extensive use of protective face masks and the removal of masks at a distance of 6 ft. apart from the patients and staff members, thereby giving an exponential rise in product demand.

On the regional front, the Asia Pacific protective face masks industry was valued at over $10 billion in 2020, on account of the mass product manufacturing operations in China, India, and other Southeast Asian regions. Face masks and shields are further gaining widespread prominence across China and Japan to reduce allergies caused by the increased rate of pollution. Growing infectious disease outbreaks and subsequent product adoption to curb the virus spread will further escalate regional industry size in years to come.

Key protective face masks market participants include Moldex, Dentsply Sirona, CrossTex, Coltene, Cardinal Health, Hygeco Medical, BSN Medical, Henry Schein, Honeywell, and 3M, among others. These companies are implementing various strategies such as innovative product launches, M&A, and business expansions to capture a remarkable market share. For example, Honeywell, in August 2020, revealed plans to build its N95 mask production line in India with an objective to strengthen its revenue generation capabilities.

Partial Chapter of the Table of Content:

Chapter 2   Executive Summary

2.1    Protective face masks industry 3600 synopsis, 2016 - 2027

2.1.1    Business trends

2.1.2    Product trends

2.1.3    End-use trends

2.1.4    Regional trends

Chapter 3   Protective Face Masks Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2016 – 2027

3.3    Industry impact forces

3.3.1    Growth drivers

3.3.1.1    Rising cases of COVID-19 infection

3.3.1.2    Growing number of surgeries

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/protective-face-masks-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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