Mask Market Revenue, Industry Growing Demand, Top Companies, Regional Outlook Up to 2028

The global mask market is anticipated to grow at a considerable CAGR of 51.1% during the forecast period (2022-2028).

Mask is an object that is worn on the face for several purposes, including protection, respiration, and others. The major factor attributing to the growth of the global mask market includes the increasing prevalence of respiratory and communicable diseases across the globe. According to the report published by the World Health Organization (WHO) in June 2021, chronic obstructive pulmonary disease (COPD) is the 3rd major cause of mortality across the globe with around 3.23 million mortality due to COPD in 2019. COPD shows several symptoms, including difficulty in breathing, cough, or phlegm production. Thus, increasing the requirement for masks for respiration.

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The usage of masks is also increasing by doctors and surgeons due to the increasing number of surgical procedures across the globe. According to a report published by the National Library of Medicine (NIH) in July 2020, around 310 million major surgeries are performed every year globally. Among these, 40 to 50 million major surgeries are done in the US alone and 20 million major surgeries are done in Europe resulting in post-surgical pain. Thus, contributing to the growth of the global mask market.

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The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instances-

• In April 2020, Mallcom (India) Ltd. expanded its product range of disposable and recyclable face masks by introducing PPE overall and shoe covers for the medical industry. The set of PPE will be offered in 2 variations with shoe covers.

• In January 2020, 3M tripled the production of N95 face masks after getting contracts from the US Department of Defense worth around $200 million. The DOD gave two contracts of $76 million and $126 million due to which 3M raised the domestic production of N95 face masks by 39 million units.

• In July 2019, Aloisia, a Korean beauty brand launched its signature skincare products. These are the collection of high-performing 7 days skincare sheet masks to provide herbal skincare solutions.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Material
o By Nature

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- 3M, Alpha Pro Tech, Cambridge Environmental Solkutions Ltd., Cardinal Health Inc., Honeywell International Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Mask Market Report by Segment

By Type
• Surgical Mask
• Respirator Mask
• Others

By Material
• Cotton
• Polypropylene
• Others

By Nature
• Disposable
• Reusable

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Orion Market Reports (OMR) endeavors to provide an exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and the most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.