30 likes | 32 Views
The global face mask market has reached USD 2.86 Million in 2019 and is further projected to reach USD 4.38 billion by 2026, growing at a CAGR of 5.4% during the forecast period.
E N D
According to BlueWeave Consulting, the global face mask market has reached USD 2.86 Million in 2019 and is further projected to reach USD 4.38 billion by 2026, growing at a CAGR of 5.4% during the forecast period. Wearing face masks is one of the new norms in almost all countries worldwide, considering the global pandemic crisis. It is being considered as an effective social norm to prevent the spread of the virus infection. Thus, the increasing demand for face masks is fueling the growth of the face mask market. Degradation in the quality of air driving the demand for face masks Pollution caused by coal-burning in industry, for home heating and power plants accounted for about 40% of PM2.5 exposures and lead to 4.2 Million deaths in 2019 due to stroke, heart disease, lung cancer, and chronic respiratory diseases. Hence, raising public awareness of air quality and the burden of disease caused by air pollution is an essential step in reducing air pollution. An N95 mask is a NIOSH-approved respirator that offers 95% protection from outdoor air pollutants. This is also approved by the Food and Drug Administration (FDA), as a surgical mask.
Rising commonness of counterfeit products lead to potential growth in the market Increasing fake products, both in physical stores and online platforms, is one of the crucial factors driving market growth. The false masks are usually made in unsterile sweatshops that were formerly used to making designer jeans or fake handbags. In this regard, there have been examples of many creators cataloging their products with fake brand names of alleged medical supply manufacturers, such as 3M. Such factors are predictable to confine market growth throughout the prediction period. The increasing demand for face masks due to rising cases of Covid-19 created an opportunity for anti-pollution masks manufacturer to enhance production capacity with government guidelines and cater to more customers. Get the Sample Copy of the Report:https://www.blueweaveconsulting.com/global-face-mask-market-bwc20171/report-sample