The U.S. Disposable Face Mask Market size is
anticipated to reach USD 6.21 billion by 2027, expanding at a CAGR of 60.8%
over the forecast period, according to a new report by Grand View Research,
Inc. The growth is attributed to the rapidly surging number of Covid-19
(coronavirus) cases in the country.
The widespread impact
of the novel coronavirus in U.S. has been driving the demand for disposable
face masks. According to the Centers for Disease Control and Prevention (CDC),
the total number of cases in U.S has reached more than 1.48 million as of May
18, 2020. Many of the small and medium manufacture have also entered in the
market to cater to the rapid surge in demand for the product.
Additionally,
increasing government spending coupled with ease in the documentation
pertaining to manufacturing face mask with immediate effect will immensely help
the market growth. For instance, the U.S. government signed an USD 8.3 million
emergency spending bill aimed to boost virus-prevention efforts in the country.
Furthermore, the enforcement of the Defense Production Act, in order to
increase domestic production and distribution of PPEs, is expected to further
augment the industry growth over the coming months.
The protective masks
segment emerged as the largest product segment and accounted for over 35.0%
revenue share in 2019. Protective masks are specially designed to offer the
wearer a physical barrier between their mouth and nose, restricting potential
contaminants in the environment from entering the body. The mouth and nose are
two of the most vulnerable entry points for foreign particles; thus, the demand
for these masks has been high in the industrial and medical sectors.
Among applications, the
industrial application segment dominated the market for disposable face masks
in U.S., with a share of nearly 80% in 2019. The increasing demand for the
product in industries such as automotive, construction, and beauty and personal
care can be regarded as a major factor driving the product demand in the
industrial application segment. The personal use segment, however, is expected
to expand at nearly double the CAGR of 85.1% during the forecast period.
The industry is
currently characterized by supply shortages, manufacturers ramping up
production capacities, and suppliers raising the price of disposable face
masks. The hike in prices can be attributed to the rapid surge in demand. For
instance, Hatfield and Company, a Texas-based supplier of N95 disposable face
masks, has increased the price of its face masks from USD 1 to USD 6. The
company sold about 2 million masks to a major U.S. oil company in the early
week of March 2020.
Request a free sample copy or view report summary: U.S. Disposable Face Mask Market Report
U.S. Disposable Face
Mask Market Report Highlights
- In terms of product, the U.S. non-woven masks segment is
expected to hold nearly 38% revenue share by 2027
- The personal use application segment is expected to
expand at a CAGR of 85.1% during the forecast period, far outpacing the
growth of the industrial segment, to reach a market size of over USD 4
billion by 2027
- In April 2020, 3M, Honeywell International, and a unit
of Owens & Minor Inc. received contracts from the U.S. Department of
Defense to make 39 million N95 face mask for medical workers. Under the
terms of this contract, 3M would receive USD 76 million
- In April 2020, 3M received a contract from the Donald
Trump Government to import more than 165 million N95 face masks from its
manufacturing unit in China for healthcare workers in U.S over the course
of three months
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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