Global Disposable and reusable masks market was valued at US$ 1,276.7 Mn in 2022 and is estimated to reach US$ 2,219.0 Mn by 2030, exhibiting a CAGR of 7.1% during the forecast period (2023-2030). According to Global Disposable and reusable masks market Report, By Type (N Series Mask, P Series Mask, Medical Mask, Others), By Application (Industrial Use, Medical Use, Daily Use), By Distribution Channel (Hospitals/Clinics, Drug Stores, Online Stores), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) as highlighted in a new report published by Coherent Market Insights
Masks help the wearer protect themselves from breathing dangerous substances by covering their mouth and nose. The germs survive on masks for different time durations ranging from a few hours to a few weeks. Therefore, the used masks should not be thrown away, as they could cause different health hazards to people who come in contact with such masks. The masks should be disposed of carefully as instructed on the mask kits.
Drivers
The disposable and reusable masks market is expected to be driven by the increasing number of viruses and respiratory diseases across the globe. The World Health Organization reported a total of 413,467 cases of Coronavirus across the globe as on March 25, 2020. Among these, the major affected countries include The Americas, China, Italy, Iran, Republic of Korea, Spain, Germany, and France. There is a tremendous increase in the number of COVID-19 cases in several economies across the globe. This increasing pandemic has led to an increase in demand for personal protective equipment. Furthermore, the World Health Organization projected that frontline health responders across the globe would require 89 million masks every month to protect themselves from the virus.
The leading global market players such as 3M, Prestige Ameritech, and Honeywell have increased the production capacity of masks to fulfilling the increasing demand. The governments of numerous countries across the globe are requesting the general public not to buy special masks such as N95, for ensuring their appropriate and timely supply to healthcare professionals.
Market Opportunities
The Europe region is experiencing significant growth in the disposable and reusable masks market, owing to the increase in the number of surgical procedures such as cholecystectomy, hysterectomy, and hip replacement surgeries in countries such as Belgium, France, Austria, Sweden, and the U.K. Hospitals and clinics are using disposable respiratory masks for ensuring higher safety and also for reducing the chances of developing infections. Thus, the increasing number of surgical procedures will lead to an increase in demand for disposable respiratory masks during the forecast period.
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https://www.coherentmarketinsights.com/market-insight/disposable-and-reusable-mask-market-3829
Key Takeaways:
Among distribution channel, the drug stores segment held a dominant position in the global disposable and reusable masks market in 2020. The growth of this segment can be attributed to the introduction of different schemes by the governments of several economies to deal with the ongoing shortage of masks during times of pandemic COVID-19. For instance, in Taiwan, to curb panic buying and the hoarding of face masks, the Central Epidemic Command Center (CECC) announced a name-based rationing system for face masks for ensuring universal access to face masks along with fairness and transparency of resource allocation.
Amongst all the regions, the Asia Pacific region is expected to be the largest market for disposable and reusable masks over the forecast period. The growth of the market is driven by the surge in demand for respiratory protection from numerous countries such as China, India, and other Southeast Asian countries. These countries have made huge investments in construction and industrial sectors, which might result in huge air pollution, thereby increasing demand for masks.
Market Trends
As per a study conducted by the United Nations Department of Economic and Social Affairs, the urban population of emerging economies will reach 5.3 billion by 2050. Among this, Asia Pacific region would account for approximately 63% (3.3 billion people) and Africa would account for approximately 20% of the world’s urban population. These urban areas are experiencing a severe increase in epidemics and pandemics. The pandemics experienced by the urban population of emerging economies include plague, Spanish flu, severe acute respiratory syndrome (SARS), and coronavirus amongst others. With an increasing geriatric population, the instances of viral infections could rise leading to an increase in demand for disposable and reusable masks.
Competitive Landscape
KEY players operating in the global disposable and reusable masks market include DACH Medical Group Holding AG, Honeywell International Inc., Kimberly-clark Corporation, KOWA Company Ltd., Moldex-Metric, SAS Safety Corp, Shanghai Dasheng, Sinotextiles Corporation Limited, Te Yin Company, The 3M Company, The Gerson Company, and Uvex Group.
Global Disposable and reusable masks market- COVID-19 Impact
Disposable and reusable mask use has unexpectedly increased due to the global pandemic COVID-19. The global disposable and reusable masks market will have a variety of development opportunities due to the lack of masks during a pandemic like the coronavirus and an increase in the manufacturers' production capacity. Due to factors such as growing urbanization, mining operations, smokestacks from cigarette smoking, and other factors that contribute to air pollution and disease, covers are becoming more and more popular on the global market. According to a simulation done by The University of California, 80% of the population wearing masks could do more to reduce the spread of COVID-19 than any strict lockdown measures.