Washable and Reusable Mask Market to Multiply 2.1X through 2030
The global washable and reusable mask market will keep generating revenues at a healthy 8% CAGR and is expected to reach a value pool over US$ 4 Bn during the forecast period (2020 - 2030). Consumer spending on healthcare products like sanitizers, masks and others has shown a significant uptick.
Increasing emphasis on developing reusable N-95 respirators owing to COVID-19 pandemic is strengthening the demand for washable and reusable masks across the globe.
Global washable and reusable mask market will grow 2.1X during the projection period (2020 - 2030). The impact of covid-19 on the washable and reusable market is fairly opportunistic with the outbreak of coronavirus (COVID-19) across the globe.
As a result face masks are disappearing from store shelves and selling out online. Multiple players working in these markets have increased their production, to decrease the demand supply gap.
These markets have also seen multiple new entrants. The impact of COVID-19 across the globe is expected to create new opportunities for manufactures across the globe. Ongoing pandemic and protective face mask shortages proliferate the popularity of washable and reusable masks.
High Demand for Respirators and Surgical Masks to Drive Revenue
Respirator type of washable and reusable mask is capturing maximum revenue in the global market during the long term forecast period.Respirator masks account for over 45% share in global washable and reusable mask market.
Recently the market experienced impressive demand for respirators in COVID-19 hotspots and led manufactures to ramp up production to fill the surge in the demand. Increasing demand among medical workers and others will amp up demand for surgical masks in the foreseeable future.
Consumer preference for reusable and washable masks on the back of shortages of disposable respirators will continue to present remunerative opportunities. The surgical segment exhibits the highest growth, at an impressive 9% CAGR during the forecast period.
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High-Growth Opportunities in South Asia & Oceania, East Asia Leads Global Sales
East Asia emerges as the largest market for washable and reusable mask, accounting for more than 25% of the total market value. South Asia & Oceania offer the most lucrative growth opportunities, exhibiting a stellar 9.4% CAGR between 2020 and 2030. Multiplying COVID-19 cases housing projects in countries such as Australia, Indonesia, and Singapore drive the demand for washable and reusable masks.
North America and Europe are also witness accelerated demand owing to increasing consumer preference for washable and reusable mask on the back of, shortages of face masks. The impact of COVID-19 on Europe has been severe. Cases of COVID-19 in Spain, Italy, Germany and France among other European countries has been significantly high.
This has led to increased consumer spending on healthcare products. These factors will positively impact the growth of washable and reusable masks across regions.
Businesses Ramp up Production to Meet COVID-19 Mask Demand
Several countries are grappling with shortages of masks for healthcare workers and individuals. Business owners from clothing manufacturers are making the shift to produce washable and reusable mask on the frontline of the pandemic.
Manufacturers that influence the competitive landscape are, but not limited to, 3M Company, Honeywell International Inc., Kimberly Clark Corp., Moldex-Metric, Inc., Vogmask, Cambridge Mask Company, Venus Mask and others. Amid the global pandemic, (COVID-19) companies are employing extensive measures to fulfil the need of hospitals and consumers. Also, companies are focusing on increasing their manufacturing capacity and expanding their product portfolio to reduce the risk of infection.
- In January 2020, the 3M Company has increased its production capacity of N95 respirator masks at its facilities worldwide due to coronavirus outbreaks. The company has expanded its assembly line with robots and employees at manufacturing facilities are working overtime to meet global demand.
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Global Washable and Reusable Mask Market: In-Depth Assessment on Key Segments
The global washable and reusable mask market is segmented on the basis of product type, closure, function, application, distribution channel, and region.
- Respirator mask
- Surgical mask
- Dust mask
- Earloop Closure
- Tie Closure
- Direct Sales
- Indirect Sales
- Pharmaceutical Store
- Convenience Stores
- Specialty Stores
- Online Retail
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
This taxonomy and the detailed TOC prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.
Global Washable and Reusable Mask Market
The following report provides a forecast and analysis of the global washable and reusable mask market along with the historical data of 2015, estimated data 2020 and forecast data up to 2030 in terms of value (US$ Mn) and volume (Mn Units), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global washable and reusable mask market along with several macro-economic indicators. This newly published and insightful report on washable and reusable mask sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global washable and reusable mask market.
The report also comprises the study of current issues with end users and opportunities for the washable and reusable mask. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of washable and reusable mask manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the washable and reusable mask market provided in the report adds to the credibility of this exhaustive research study.
Country-specific assessment on demand for washable and reusable mask has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous washable and reusable mask manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.
Global Washable and Reusable Mask Market: Research Methodology
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights into the washable and reusable mask market.
A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the washable and reusable mask market, which includes global GDP growth rate, and healthcare, e-commerce, retail and others. This report serves as an authentic resource of intelligence on the washable and reusable mask market, enabling the readers to take fact-based decisions on the future direction of their businesses.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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