Report Highlights
The global face masks market should reach $10.9 billion by 2027 from $14.2 billion in 2022 at a compound annual growth rate (CAGR) of -5.1% for the forecast period of 2022 to 2027.
Report Includes
- 210 data tables and 23 additional tables
- An overview of the global market for face masks equipment
- Estimation of the market size and analyses of global market trends, with data from 2021, estimates for 2022, 2023 with projections of compound annual growth rates (CAGRs) through 2027
- Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
- Highlights of the current market scenario, recent information, latest developments, and factors impacting the growth of the market
- Description of different types of masks including surgical mask and N-series mask (N 95, N 99, etc.) and discussion on awareness of face masks usage due to coronavirus impact
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
- Comprehensive company profiles of the leading players, including 3M, Cardinal Health, Honeywell International and UVEX Group
Report Scope
This report covers the technological, economic and business considerations of the face mask market, with analyses and forecasts provided for global markets. It includes relevant descriptions of market forces and their areas of application.
Global markets are presented by face mask type, along with growth forecasts through 2027. Estimates on sales value are based on the price in the supply chain at which the face masks are procured by the manufacturers.
Market-driving forces and industry structure are examined. International aspects are analyzed for all regions and face masks technologies. Brief profiles of major global manufacturers are presented.
The COVID-19 pandemic recently halted global economic progress. Lockdown measures were taken to contain the spread of the coronavirus, especially in affected cities, and various international governments took the necessary measures to address the economic slowdown.
In 2020, the growth rate of every global industry was impacted by the pandemic, and in turn the face mask market was affected. The market is expected to bounce back in 2022 due to relief packages or disaster aid packages provided by various governments to boost their economies.
Report Synopsis
Report Metrics | Details | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Base year considered | 2021 | ||||||||||
Forecast period considered | 2027 | ||||||||||
Base year market size | $20.6 billion | ||||||||||
Market size forecast | $10.9 billion | ||||||||||
Growth rate | CAGR of -5.1% for the forecast period of 2022-2027 | ||||||||||
Units considered | $ Millions | ||||||||||
Segments covered | mask type, material, usage, distribution channel, application, and region | ||||||||||
Regions covered | North America, Europe, Asia-Pacific and Rest of the World | ||||||||||
Countries covered | U.S., Mexico, Canada, France, Germany, U.K., Italy, Spain, The Netherlands, China, India, Japan, South Korea, Southeast Asia, Australia, Brazil, Gulf Cooperation Council (GCC)s and South Africa | ||||||||||
Key Market Drivers |
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Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for facemasks should decline from $13.7 billion in 2020 to $5.2 billion by 2025, at a compound annual growth rate (CAGR) of -17.7% for the period of 2020-2025.
Report Includes
- An overview of the global market data report on facemasks
- Estimation of the market size and analyses of global market trends, with data from 2019, estimates for 2020 to 2025 with projections of compound annual growth rates (CAGRs) through 2025
- Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
- Highlights of the current market scenario, recent information, latest developments, and factors impacting the growth of the market
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