Protective Face Mask Market to Exhibit 9.1% CAGR from 2022 to 2029; Uvex Safety Group Collaborated with Fackelmann to Start the Production of Respiratory Protection Masks

The global protective face mask market size will grow from USD 10.76 billion in 2022 to USD 19.85 billion by 2029. The demand for face masks witnessed an exponential rise following the surge in COVID-19 cases. Prominently, the penetration of N95 respirators and surgical masks soared tremendously across emerging and advanced economies. The healthcare sector could be the major recipient of protective face masks over the next few years.

According to the latest research report by Fortune Business Insights™ titled, “Protective Face Mask Market Size, Share & COVID-19 Impact Analysis, By Product (Medical Face Mask {Surgical & Procedure, N-95 Respirators, and Others}, Respirator, and Others), By Usage (Disposable and Reusable), and By End-use Industry (Healthcare, Oil & Gas, Mining, Construction, Manufacturing, and Others), and Regional Forecast, 2022-2029,” the market stood at USD 23.70 billion in 2021. The market could witness 9.1% CAGR during the forecast period.

COVID-19 Pandemic Expedited Production of Face Masks

The onset of the COVID-19 pandemic led to unprecedented demand for respirators and face masks. Several companies upped investments in their product pipeline to boost presence and bridge the demand-supply gap. The Organization for Economic Cooperation and Development (OECD) noted that China could produce 20 million masks per day, which were insufficient to keep up with the total demand projected at 240 million masks per day. Meanwhile, the personal protective equipment (PPE) industry reportedly grappled with export bans that led to raw material shortages.

3M Ramped up N95 Mask Production in Light of COVID-19 Outbreak

Leading companies are expected to up their production in response to the COVID-19 pandemic. While most companies jumped on the bandwagon, established players spurred their product portfolio and prioritized collaborations. To illustrate, in January 2020, 3M nearly tripled its total production of N95 respirators after securing two contracts from the U.S. Department of Defense worth over USD 200 million. The pair of contracts leveraged 3M to make another 39 million respirators per month in the U.S. The prevailing trends could foster the protective face mask market growth in the next few years.

Strong Demand for N95 Respirators to Usher in Innovations

The industry is expected to witness investments galore in the wake of the rising footfall of N95 respirators globally. End-users have exhibited profound traction for medical respirators to contain the COVID-19 spread. Escalating concerns regarding the pandemic prompted healthcare organizations to propel awareness and encourage the use of protective face masks. For instance, the WHO prescribed N95 respirators as they are believed to be more effective in controlling the virus spread. With the healthcare sector exhibiting stellar product demand, the protective face mask market share could witness a significant gain. Meanwhile, high fluctuation in prices and supply chain disruptions could dent the industry's growth.

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https://www.fortunebusinessinsights.com/protective-face-mask-market-103292

Stakeholders Focus on Collaboration to Tap into Markets

Major players are poised to inject funds into mergers & acquisitions, product launches, R&D activities, and technological advancements to propel their penetration. Furthermore, leading companies could infuse funds into innovations to expand their market presence across untapped areas.

Key Industry Development

• February 2021 - Uvex Safety Group announced a collaboration with household products manufacturer Fackelmann to start the production of respiratory protection masks.

List of Companies Profiled in the Report

• 3M (U.S.)
• Honeywell International, Inc. (U.S.)
• COFRA S.r.l. (Italy)
• Uvex Group (Germany)
• MSA (U.S.)
• DuPont (U.S.)
• Kimberly-Clark Worldwide, Inc. (U.S.)
• Cardinal Health (U.S.)
•  Medicom (Canada)
• Ansell Ltd. (Australia)
• Alpha ProTech (Canada)
• Moldex-Metric (U.S)
• Protective Industrial Products, Inc. (U.S.)
• RZ Mask (U.S.)
• Makrite (Taiwan)
• SHIGEMATSU WORKS CO., LTD. (Japan)
• Drägerwerk AG & Co. KGaA (Germany)
• Mallcom (India) Limited (India)
• Delta Plus Group (France)

Further Report Findings

• With respect to product, the medical face mask segment could account for a notable share of the global market due to surging cases of COVID-19 and to prevent microorganism cross-contamination
• The North America market size was valued at USD 9.24 billion in 2021 and will grow with rising demand from the healthcare and mining sectors.
• Asia Pacific market forecast will be strong due to increasing demand for face masks across China and India.

Table of Segmentation