Disposable Face Mask Market Research Report 2022, Size, CAGR Value, Growth Rate, Latest Trends, Future Demand, Business Investment Plans, SWOT Analysis, Forecast to 2030

Kenneth Research, in its repository of market research reports, have recently added a report on Disposable Face Mask Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Disposable Face Mask Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Disposable Face Mask Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

Global Disposable Face Mask Market is valued approximately at USD 792 million in 2019 and is anticipated to grow with a healthy growth rate of more than 5.6% over the forecast period 2020-2026. A face mask is also known as procedure mask or surgical mask. It is a loose disposable mask, wore on the face that covers  nose and mouth to protect from the viruses and other elements that can cause infection. These masks are produced either with natural fiber, such as cotton or disposable linen or synthetic materials, such as polypropylene. They are produced of different layers that includes a hydrophobic outer layer, a middle filtering layer, and an inner hydrophilic layer to absorb the moisture and fluid. Healthcare workers usually wear disposable face masks to prevent themselves from the infections. Besides this, the disposable face masks are also used by common people in several health-related problems such as asthma. Recently, the COVID-19 is widely spread throughout the world, thus various regional government are mandating the use of disposable face masks among the individual and healthcare workers to prevent the spread of this contagious diseases.

According to Vindobona organization, till  21 April 2020, there were around 2,471,930 confirmed cases of COVID-19 have been registered throughout the world. Furthermore, rising cases of hospital acquired infections (HAIs), increase in prevalence of chronic diseases such asthma and tuberculosis, and growing elderly population in the developing nations are the few factors responsible for high CAGR of the market over the forecast period. According to the World Health Organization, the number of people aged 65 or above is projected to grow to nearly 1.6 billion in 2050 from an estimated 524 million in 2010, with most of the increase in developing countries. This, in turn, is expected to accelerate the demand for disposable face mask, thus contributing to the growth of the global market. However, concerns related to disposal of non-woven disposables and rise in prominence of less invasive surgeries are the few factors expected to hamper the growth of the market over the forecast period of 2020-2026.

The regional analysis of global Disposable Face Mask market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the rise in prevalence of contagious diseases and the presence of a large customer base in the region. Whereas, North America is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the rising awareness regarding health and personal hygiene and favorable government initiative for preventing infectious disease in the United States and Canada.

Major market player included in this report are:
Honeywell
3M
Moldex
Kimberly-Clark
Uvex
KOWA
SAS Safety Corp.
Gerson
DACH
Te Yin

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Protective masks
Dust Masks
Non-Woven Masks

By Application:
Industrial
Personal

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By Distribution Channel:
Online
Offline

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Disposable Face Mask Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)
1.2.1. Disposable Face Mask Market, by Region, 2018-2026 (USD Million)
1.2.2. Disposable Face Mask Market, by Product, 2018-2026 (USD Million)
1.2.3. Disposable Face Mask Market, by Application, 2018-2026 (USD Million)
1.2.4. Disposable Face Mask Market, by Distribution Channel, 2018-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Disposable Face Mask Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Disposable Face Mask Market Dynamics
3.1. Disposable Face Mask Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Disposable Face Mask Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Disposable Face Mask Market, by Product
5.1. Market Snapshot
5.2. Global Disposable Face Mask Market by Product, Performance – Potential Analysis
5.3. Global Disposable Face Mask Market Estimates & Forecasts by Product 2016-2026 (USD Million)
5.4. Disposable Face Mask Market, Sub Segment Analysis
5.4.1. Protective masks
5.4.2. Dust Masks
5.4.3. Non-Woven Masks
Chapter 6. Global Disposable Face Mask Market, by Application
6.1. Market Snapshot

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