Protective Face Masks Market size to exceed $2.8 Bn by 2026

Protective Face Masks Market size is poised to surpass USD 2.8 billion by 2026; according to a new research report by Global Market Insights, Inc.
 

Using face masks is considered to be a key factor in minimizing the spread of COVID-19 infection. Surgical masks and N95 masks are made up of nonwoven polypropylene fibers that have capability to block majority of the air particles. Various government organizations have provided guidelines pertaining to the rational use of N95 and surgical masks to ensure sufficient supply to the healthcare personnel and patients. Such factors will propel the market growth.

 

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Companies are increasing the production capacity of face masks to meet the growing need

With increasing cases of COVID-19 positive cases, the demand for face masks has increased exponentially, thus fostering the protective face masks market growth. To meet the growing demand of protective masks, various market players have doubled their production.
 

For instance, 3M, one of the major market players involved in manufacturing of n95 masks, announced on 30th March 2020, that it will double the manufacturing of N95 masks. This step was taken to meet the explosive need of facial masks amid the spread of COVID-19 pandemic. Another market player Berry Global, an Indiana-based plastic packaging manufacturer, announced on April 17th, that it has added another pilot line in its Virginia facility for increasing the facial mask output to approximately 200 million. Such expansion strategies adopted by several industry players will help meet the growing demand of facial masks.
 

Growing number of infectious diseases will spur the usage of facial masks

The protective face masks market demand has gone up by more than 300% owing to the spread of coronavirus infection. As on 20th April 2020, the total number of COVID-19 cases across the globe have reached 2.4 million. U.S. is one of the worst hit economies, with more than 0.7 million cases as of 20th April 2020. As the number of new cases are increasing, a situation of panic and mass hysteria have been created. This has led to increasing number of people adopting facial masks.
 

Also, in some South-East Asian countries such as Hong Kong and South Korea, people wear face masks as a precautionary measure, thereby, further increasing the demand.
 

Browse key industry insights spread across 220 pages with 396 market data tables & 26 figures & charts from the report, “Protective face masks Market Size By Test Type (Mechanical Tests {Spirometry, Peak-flow Test, Pulmonary Function Test, Blood Gas Test), Imaging Test {X-ray, CT-scan, Ultrasonography, MRI}, In-vitro Diagnostic Tests {Point-of-care Test, Molecular Diagnostic Test}), By Application (Chronic Obstructive Pulmonary Disease, Lung Cancer, Asthma, Tuberculosis), By End-use (Diagnostic Centers, Hospitals, Clinics), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020– 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/protective-face-masks-market
 

Increasing utilization of computed tomography and magnetic resonance imaging for lung imaging

Surgical masks market accounted for 18.7% market share in 2019. Surgical masks are used by healthcare professionals to shield protect themselves while treating patients. With the spread of COVID-19 cases, various government organizations have implemented stringent regulations to mandate the use of face masks in hotspots and containment areas. Such regulations will spur the use of surgical face masks, thereby driving the protective face masks market demand.
 

Online stores to show fastest growth during the forecast timeframe

Online stores segment accounted for revenue of 256.6 million in 2019. The large variety of face masks are available at online platforms and stores that cater to the growing needs of the people. Furthermore, there is a growing inclination towards online shopping among consumers to minimize the spread of infectious disease.
 

Transformation of various long-term care centers into isolation wards for COVID-19 positive cases

The long-term care segment accounted for market share of 9.9% in 2019 and is expected to show similar trend over the coming years. The protective face masks market growth from long-term care is primarily driven by the transformation of various long-term care settings into isolation wards to accommodate the growing number of COVID-19 patients. Appropriate precautions need to be implemented so as to minimize the spread of infection among the newly created isolation wards. As face masks and other protective gear help in minimizing the spread of infection, the segment is forecasted to show significant growth in the future and drive the market growth.
 

High incidence of COVID 19 in the North American region will drive the demand of protective face masks

North America protective face masks market held a significant revenue share in 2019 and is anticipated to surpass USD 360 million by 2026. The regional growth is due to the presence of highest number of COVID-19 cases. North America accounted for more than 30% of the total number of coronavirus positive patients as of 20th April 2020. This will drive the market growth across the region.
 

Various companies are increasing the production of face masks that are present in the region. Increase in production of face masks is necessary to meet the growing need of face masks by patients and doctors.
 

Market players are focusing on various expansion strategies to boost the production

Prominent players in the global protective face masks market share are 3M, Honeywell, Cardinal Health, Dentsply Sirona among others. The market players are focused on expanding the production capability to cater to the growing needs and demand for facial masks. For instance, in March 2020, Honeywell announced that it expanded its manufacturing capability of disposable N95 face masks in its Phoenix facility. The company will be able to manufacture about 20 million N95 masks on a monthly basis. This expansion in manufacturing capability will enable the company to establish a leading position in the industry.
 

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