Polaris Market Research recently updated its existing market research study on the The report “Face Mask Market Share, Size, Trends, Industry Analysis Report By Type (Respirators (N-Series (N-95/FFp2, N-99, N-100/FFp3), R-Series, P-Series (P-95,P-100)), Surgical Masks, Cloth Face Masks), Distribution Channel (E Commerce, Hospital pharmacies, Retail suppliers, Supermarket, Others) , By Regions, Segments & Forecast, 2019 – 2027” the report covers an exhaustive list of market tables and figures, thus providing in-depth analytical data for segments across different regions.
Market Analysis:
The global Face Mask Market was valued at USD 4.41 Billion in 2019 and size is expected to reach USD 31.83 billion by 2027 to exhibit a CAGR of 24.6% over the forecast period (2019 – 2027) according to a new study published by Polaris Market Research . The demand for face mask has witnessed robust growth in the recent past and this trend is expected to continue till 2027. The World Health Organization (WHO) has recommended to use face mask in home as well as in Production of face masks is an extremely complex process and has a lot of dynamics attached to it. In addition, to the masks, several auxiliary items such as ear loops, packaging, metal strips among others also need to be manufactured.
With the scale of the huge demand amidst the pandemic, the whole face mask manufacturing and its supply chain are under a lot of pressure. The pre-pandemic production capacities were not enough to meet the meteoric demand rise and hence, in major manufacturing hubs such as China, companies scrambled their operating systems to ramp up their production.
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Some of the major companies profiled in this study include: Moldex, Shanghai Dasheng, Kimberly-Clark, BDS, Gerson, Halyard Healthcare, SAS Safety Corp., Honeywell, Irema, KOWA, 3M, McKesson, MolnlyckeHealth, CM, Sinotextiles, DACH,Te Yin, Hakugen, and Uvex among others are key players in the market.. Product launch, merger & acquisition, and partnerships encompass key players’ strategies to preserve and capture the most important share of the global market.
Market Insight:
Companies in China are now operating at 110% of their capacity and even this production is not able to meet the global demand. The country has increased its manufacturing capacity by 20 times as compared to February of masks ranging from N-95 to cloth masks. Even factories producing mobile phones, shoes, automotive, diapers, sanitary pads among others have been modified to meet the rising demand of face masks. Such trends have put the supply chain of face masks under tremendous pressure.
Government initiatives in helping companies in China to transition into face masks manufacturing hubs and granting subsidies has resulted in a rapid rise in new entrants. Provincial regulators are working in full-time to provide licenses to these new participants. However, adherence to globally accepted standards and quality norms remain a cause of concer
Regional Insight:
In 2020, North America region is expected to dominate the market in terms of value and volume Italy has eased restrictions as of now and is in phase 2 widely termed as living with the virus phase. Wearing of masks has become mandatory due to the regulations prescribed by the government in order to curb the spread of the virus. According to Consumer associations in the country, only 25% of pharmacies had these capped masks for sale.
There were also difficulties in the overall supply chain management of these capped masks as many of the batches that were earmarked for supply to drugstores did not reach their destination. Authorities in the country also took concentrated efforts to boost the production of the masks and announced intentions to set up a consortium of companies. The intention of the Italian government to speed up the overall exit process of lockdown is expected to greatly benefit the demand for face masks in the country.
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Table of Contents
Chapter 1. Introduction
Chapter 2. Executive Summary
Chapter 3. Research Methodology
Chapter 4. Face Masks Market Insights
Chapter 5. Face Masks Market Assessment by Product Type,
- Respirators
- N-Series
- N95
- N99
- N100
- R-Series
- P-Series
- P95
- P100
- Surgical Mask
- Cloth Face Mask
Chapter 6.Face Mask Market Size and Forecast by Distribution Channel
- E-Commerce
- Hospital pharmacies
- Retail suppliers
- Supermarket
- Other Distribution Channels
Chapter 7. Face Masks Market Assessment by Geography
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles
Continued…
List of Tables
Table 1 Global Face Masks Market, By Type, 2017 – 2027, (Million Units)
Table 2 Global Face Masks Market, By Type, 2017 – 2027, (USD Million)
Table 3 Global Respirator Face Masks Market, 2017 – 2027, (Million Units, USD Million)
Continued…
List of Figures
Figure 1. Market Highlights (2017-2027, Revenue)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top Down & Bottom Up Approach
Figure 4. Market by Geography, 2017- 2027 (Million Units, USD Million)
Continued…
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The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis. Some of the major focus points which are covered in the report include:
- Industry Trends, opportunity and challenges in the market
- Role of key players across the value chain
- End-User analysis to define the market strategy
- Competitive mapping
- Regional and country level breakdown
These insights are included in the report which would help you to have a realistic overview of the overall market including the competition, investment opportunities, restraints and challenges, regulatory factors which might affect the market growth. Moreover, the report would help to identify the regional market growth opportunities for different segments covered in the report.
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