stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Symbol Search Browse Symbols My Charts Menu
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of Inc. / TFC Commodity Charts

Masks (N95 Respirators And Other Surgical Masks) Global Market Report 2021: COVID-19 Implications And Growth To 2030

New York, April 27, Apr 27, 2021 (GLOBE NEWSWIRE via COMTEX) -- announces the release of the report "Masks (N95 Respirators And Other Surgical Masks) Global Market Report 2021: COVID-19 Implications And Growth To 2030" -

The global masks (n95 respirators and other surgical masks) market is expected to decline from $8.16 billion in 2020 to $1.57 billion in 2021 at a compound annual growth rate (CAGR) of -80.8%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The market is expected to reach $1.99 billion in 2025 at a CAGR of 6.1%.

The market for N95 respirators and other surgical masks (face masks) consists of sales of N95 respirators and other surgical face masks used as personal protective equipment to protect the wearer from airborne particles and from liquid contaminating the face. The market consists of revenue generated by companies manufacturing the N95 respirators and surgical face masks by the sales of these products.

The N95 respirators and other surgical masks (face masks) covered in this report is segmented by type into N95 respirator, common grade surgical mask, others (comfort masks/dust masks); by end-user into hospital and clinics, individual, industrial, others and by nature into reusable, disposable.

The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The masks market is experiencing an exponential growth due to the COVID-19 pandemic.This is because the covid-19 is a severe acute respiratory syndrome, which can be transmitted through airborne droplets, which masks can potentially block.

Masks are therefore essential equipment for staff dealing with infectious patients. In addition, many other workers and individuals are using face masks as a precautionary measure.

Concerns regarding the disposal of non-woven disposables have always been a major challenge.Non-woven disposable surgical masks are made up of poly propylene which is a non-biodegradable material which cannot be decomposed by natural means.

According to the World Bank research, nearly 1.3 billion tons of municipal solid waste are produced worldwide each year. It is estimated that about 19 billion tons of solid waste will be produced annually by 2025 worldwide. These factors are expected to have a negative impact on the disposable surgical mask market as regulatory agencies will take stringent actions regarding disposal of these non-biodegradable masks. This may have a negative impact on the market.

Rise in outbreak of airborne diseases contributed to the growth of the masks market.Airborne transmission of infectious agents refers to the transmission of disease caused by dissemination of droplet nuclei that remain infectious when suspended in air over long distance and time.

Precautions that create a barrier and procedures that decrease or eliminate the microbe in the environment or on personal belongings, form the basis of interrupting transmission of direct contact diseases.The spread of airborne diseases like seasonal influenza kills 200-500 thousand people annually, influenza A (H1N1) caused 1,076 deaths in 2019, many among whom were healthy adults.

These recent outbreaks remind us of the potential for a pandemic such as the Spanish flu of 1918-1920 which killed 50-100 million people and now it is the recent outbreak of COVID-19. This is expected to drive the growth of the masks market by several folds in the short term.

The shift towards disposable devices in developed countries is one of the major trends in the market.Disposable masks eliminate the need for product sterilization and reduce cross-contamination with other reusable products.

They are also cost-effective, and prevent contamination and reduce hospital stay, whereas reusable non-woven, masks need to be decontaminated, washed, sterilized for every reuse.Although, reusable surgical face masks can be sterilized and laundered for reuse but are less protective and more time-consuming for production as well as washing and sterilization for reuse.

According to the FDA, surgical masks are not intended to be used more than once.This can rise the adoption of disposable respiratory masks.

Disposable surgical face masks are often perceived to have protective advantages over reusable surgical face masks as they must be immediately discarded as bio-hazardous materials.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Read the full report:

About Reportlinker

ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.


<img class="__GNW8366DE3E__IMG" src="" referrerpolicy="no-referrer-when-downgrade" width="1" height="1" style="display:none;" /><pre>Clare: US: (339)-368-6001 Intl: +1 339-368-6001</pre>

US: (339)-368-6001
Intl: +1 339-368-6001

comtex tracking

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.