Report ID: SQMIG30L2258
Report ID:
SQMIG30L2258 |
Region:
Global |
Published Date: December, 2024
Pages:
187
|
Tables:
127 |
Figures:
67
Global Face Mask Market size was valued at USD 8.5 Billion in 2022 and is expected to rise from USD 10.6 Billion in 2023 to USD 61.7 Billion by 2031, at a CAGR of 24.6% during the forecast period (2024–2031).
The surging incidence of infectious diseases around the world and increasing pollution are forecasted to primarily boost the sales of face masks over the coming years. High emphasis on personal hygiene and health coupled with rising disposable income of people is also slated to bolster the demand for face masks in the future. The COVID-19 pandemic of 2020 was the key highlight for face mask suppliers as it helped them maximize their sales like never before. However, the sales of face masks have fallen since then, but the market is still quite opportune as emphasis on preventive care rises globally. Robust industrialization and urbanization have resulted in a massive hike in pollution levels thereby further creating new opportunities for face mask suppliers. On the contrary, fluctuations in raw material pricing, environmental concerns regarding disposable masks, and high market saturation are slated to be key restraints for face mask market growth across the study period and beyond.
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Report ID: SQMIG30L2258