The global Masks Market size was USD 16.65 Billion in 2021 and is expected to register a revenue CAGR of 3.3% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is expected to be driven by health regulatory authorities recommending the use of N95 respirators and increasing awareness around the globe owing to the COVID-19 pandemic.
The regulatory landscape facilitates the growth of the masks business. Various governments and organizations have established guidelines and rules for safer and more effective manufacturing of N95 masks, as they may cause flammability. For instance, The U.S. Food and Drug Administration (FDA) classifies N95 respirators as Class II devices and requires premarket review in accordance with Surgical and Infection Control Devices (OHT4). The FDA and The National Institute for Occupational Safety and Health (NIOSH) have approved N95 respirators for diagnostic purposes or when performing tests. COVID-19 had largely positive effects on the global Masks Market. The pandemic had accelerated the use of face masks. In addition, hospitals are operating at full capacity to treat COVID-19 patients, which has led to an increase in demand for face masks. As a result, companies were ramping up production to meet the demand. Furthermore, preventive measures to thwart the spread of infectious diseases are boosting the global Masks Market. These include mandatory use of masks, personal protective gear, and gloves by the population and especially healthcare workers.
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Consumer Trends:
Consumers use masks to prevent the spread of airborne viruses. They prefer reusable masks since they are affordable, easily accessible, and environment friendly. This also greatly alleviates the unavailability issue associated with disposable masks. Mask manufacturers are developing reusable materials in order to reduce pollution and save money in the long run. In addition, healthcare professionals also adopt surgical masks to prevent virus transmission in healthcare settings from patients or surgical instruments. The pandemic has enhanced the need for self-preservation among consumers, which has greatly increased demand for masks.
Market Dynamics:
Driver: Increasing need for preventing the spread of air-borne diseases
Airborne transmission of viruses occurs through droplets and aerosols. Masks are a well-established preventive measure to prevent the spread. Mask prevents infected persons from spreading viruses by preventing droplets containing viruses from being exhaled into the air. The purpose of masks is to keep large respiratory droplets from landing on exposed mucous membranes of the eyes, nose, and mouth. Masks with multiple layers of fabric and fabrics with higher thread counts provide better filtration and partially filter out tiny droplets and particles from the inhaled air. On 10 July 2020 for instance, the U.S. government mandated the use of face masks to prevent the spread of COVID-19. These factors are expected to boost the demand for masks, which will drive revenue growth of the market.
Some Key Highlights From the Report
For the purpose of this report, Reports and Data has segmented the global Masks Market based on type, material type, distribution channel, end-use, and region:
Type Outlook (Revenue, USD Billion; 2019-2030)
Material Type Outlook (Revenue, USD Billion; 2019-2030)
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
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