The global protective face mask market size is projected to reach USD 3,590.40 million by 2027, exhibiting a CAGR of 7.1% during the forecast period. Surging demand for face protection masks to contain the spread of the COVID-19 infection will considerably augment the growth of this market, states Fortune Business Insights™
Regional Insights
With a market size of USD 471.10 million in 2019, North America is set to dominate the protective face mask market share during the forecast period. The prime factor driving this market in the region is the availability of advanced protective equipment for medical personnel. In addition to this, the number of COVID-19 cases has risen astronomically in the US, which has surged the demand for these protective masks in the region.
In Asia Pacific, high production capacities of manufacturers in India and China are augmenting the market growth as these countries are two of the leading suppliers of hospital equipment worldwide. In Europe, uncontrolled spread of the coronavirus is propelling the demand for face masks by civilians as well as frontline healthcare workers.
Competitive Landscape
The competitive landscape of this market is currently characterized by companies attempting to meet the exponential demand for protective face masks. Many leading players are fusing their patented technologies with those of their competitors to develop effective masks for frontline health personnel.
Industry Developments:
- May 2020: Honeywell announced the construction of a new production line with the capacity to produce up to 4.5 million of its signature SuperOne disposable face masks every month at its site in Scotland. The company aims at aiding the UK government’s efforts to tackle the coronavirus in the country.
- April 2020: DuPont teamed up with Cummins, Inc. to address the issue of shortage of N95 masks in the US. Under the collaboration, Cummins will be using its NanoNet® and NanoForce® Media technology and DuPont its Hybrid Membrane Technology to produce N95 respirator masks for medical personnel across the country.
List of Key Players Covered in this Market Report:
- ANSELL LTD (Australia)
- Cardinal Health (U.S.)
- Moldex-Metric (Germany)
- Kimberly-Clark Worldwide, Inc. (U.S.)
- DuPont (U.S.)
- Medicom (Canada)
- Eclipse Automation Inc. (U.S.)
- Alpha Pro Tech (Canada)
- Honeywell International Inc. (U.S.)
- 3M (U.S)
Information Source: – https://www.fortunebusinessinsights.com/protective-face-mask-market-103292