Disposable Masks Market Share, Size, Revenue, Latest Trends, CAGR Status, Growth Opportunities and Forecast 2032
Demand in the global disposable masks market size is slated to increase at a 7% CAGR over the forecast period, with the market valuation reaching US$ 4.9 Bn in 2022. Growing emphasis on the safety of healthcare personnel is expected to boost the market, pushing the market valuation to US$ 9.7 Bn in 2032.
Currently, consumers are increasingly purchasing personal protective equipment such as disposable face masks to protect against viruses and other infectious diseases. The disposable masks market witnesses accelerated demand following the global outbreak of Coronavirus, which originated in China in December 2019.
On account of the rising cases of coronavirus and other infections across the globe, companies are significantly focusing on increasing their production capacity and expanding their product availability to minimize the risk of infection among the population.
Moreover, there is an increasing demand for specialized masks known as N95 respirator masks among doctors, nurses, medical workers, and others who are treating patients identified with positive symptoms of coronavirus, as these masks protect against the virus. This is one of the primary factors increasing the demand for disposable marks across the globe.
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An increase in adoption for surgical disposable masks among the general population and a rise in the prevalence of infectious diseases among the elderly population are the factors anticipated to propel the demand for disposable masks in the foreseeable future.
The rise in demand for disposable marks during mining, construction, chemical, food processing, and other industrial applications, along with growing hospital-acquired infections cases caused by viral, bacterial, and other fungal pathogens are some factors expected to further drive demand for disposable marks across the globe. According to the Centers for Disease Control (CDC) statistics, in American hospitals, around 1.7 million infections and 99,000 deaths, every year are associated with hospital-acquired infections (HAIs).
Who is winning?
Some of the key players operating in the disposable masks market are Kimberly-Clark Corporation, 3M Company, Besco Medical Limited, Honeywell International Inc., Valmy SAS, Ansell, Moldex Corporation, Uvex Group, Kowa Company. Ltd., SAS Safety Corporation, Kwalitex Healthcare Pvt Ltd., Eagle Health Holdings Limited, Medicom Group, and others. Several prominent market players are significantly introducing new products in the market to expand their product portfolio, market footprint, and enter into the new business segment. Besides this, companies are significantly expanding their production capacity to meet growing demand in hospitals, long term healthcare centers, mining, food industry, and other applications. Companies are also significantly investing in inorganic growth through mergers and acquisitions allows them to gain a competitive advantage.
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