The Protective Masks Market is expected to grow from US$ 0.9 billion in 2019 to US$ 25.1 billion in 2022 before declining to US$ 3.0 billion by 2027. CAGRs are expected to be 203.26% between 2017 and 2021 and -34.6% between 2022 and 2032 for these time periods.
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The emergence of the COVID-19 pandemic, increased consumer knowledge of the significance of face masks, and a boom in social media marketing to foster a positive attitude toward using protective masks are the key factors driving the growth of the protective mask market.
The protective mask market is expected to benefit as a result of the epidemic. This is mostly due to the rising demand for protective masks, which help to prevent or delay the spread of life-threatening COVID-19 infections.
Protective masks have also been used as a public and personal health control strategy to stop SARS-CoV-2 from spreading. Their usage is designed to protect individuals from infection and to act as source control to prevent the virus from spreading in a community or healthcare context.
Many social media platforms have launched campaigns advocating the usage of the protective mask to foster a favourable attitude toward using them in the community in order to prevent the spread of the new coronavirus. According to Facebook's CEO, his firm is collaborating with the World Health Organization (WHO) and is offering free advertising space to help battle COVID-19.
Key Takeaways:
• Procedure masks accounted for 40.6% of the protective masks market share.
• The protective masks market in hospitals and clinics surpassed USD 4.1 billion.
• The protective masks market in Europe was valued at more than USD 1.3 billion.
• During the projected period, the direct distribution segment of the protective masks market is estimated to rise at a CAGR of 6.7%.
• The protective masks market is dominated by North America, which is predicted to expand at a CAGR of -9.1% over the forecast period.
• During the projection period, the disposable sector of the protective masks market is predicted to increase at a CAGR of -10.3%.
During the projection period, the polypropylene sector of the protective masks market is predicted to expand at a CAGR of -10.8%.
Competitive Landscape:
3M, BSN Medical, Honeywell, Coltene, Cardinal Health, and Dentsply Sirona are just a few of the major players in the protective masks market. These protective masks market leaders are using a variety of growth methods to gain a greater proportion of the protective masks market and raise their income. In order to tackle the COVID-19 illness, businesses are focused on increasing the manufacture of protective masks.
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