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Premium Report Details
Base Year: 2022
Companies covered: 16
Tables & Figures: 412
Countries covered: 30
Pages: 197
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Protective Face Masks Market
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Protective Face Masks Market Size
Protective Face Masks Market size was worth USD 8.7 billion in 2022 and is projected to record robust growth at 5.8% CAGR from 2023-2032, attributed to the rising demand among healthcare professionals on account of the increasing number of surgeries worldwide.
The growing incidence of infectious illnesses is accelerating the usage of protective masks. For instance, the CDC estimated that between October 2021 and May 2022, around 8.4 million Americans caught flu, and nearly 1.3 million people nationwide were hospitalized due to these infections. Surgical masks have thus grown essential for reducing the chance of contamination during medical operations for protecting both patients and healthcare professionals. With the expansion of healthcare services and surgical procedures becoming more prevalent, protective face masks are witnessing prominence. Furthermore, the rising demand for medical nonwoven disposables masks due to their convenience, cost-effectiveness, and sanitary benefits will fuel the market expansion.
Low profit margins are expected to pose significant challenge for the protective face masks market growth. The intense competition, rapid demand fluctuations, and price pressure intensified by the urgent needs during the COVID-19 pandemic have reduced the profits for manufacturers. The rising emphasis on maintaining quality and meeting stringent standards while managing production costs also hindered the investment in research, innovation, and expansion.