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Face Masks - Gambia

Gambia
  • The revenue generated in the Face Masks market in the country of Gambia amounted to US$157.20k in 2024.
  • It is predicted that this market will experience an annual growth rate of -0.65% from 2024 to 2029 (CAGR 2024-2029).
  • Comparatively, China generates the highest revenue in the global market, reaching US$1bn in 2024.
  • When considering the population figures, in 2024, each person in Gambia contributes US$0.06 in revenue to the Face Masks market.
  • By 2029, the volume of Face Masks market sold in Gambia is expected to reach 1.9m pieces units.
  • However, in 2025.0, a decline of -8.0% in volume is projected.
  • On average, each person in Gambia is expected to purchase 0.76pieces Face Masks market in 2024.
  • Despite facing economic challenges, the demand for face masks in Gambia has significantly increased due to the ongoing COVID-19 pandemic.

Definition:

The Face Masks market includes surgical, disposable, and cloth masks as well as respirators (N95, FFPs, KN95, etc.).

Additional information:

The market comprises revenues, average revenue per capita, volume, average volume per capita, and price. Revenues are generated through both online and offline sales channels. For more information on the data displayed, use the info button right next to the boxes.

In-Scope

  • Surgical/Disposible Masks
  • Cloth Masks
  • Respirators such as N95, FFPs, KN95 etc

Out-Of-Scope

  • Gas Masks
  • Oxygen Masks
  • Face shields
  • Facial Masks
Face Masks: market data & analysis - Cover

Market Insights Report

Face Masks: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Price

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Analyst Opinion

    Just like products such as hand sanitizers and OTC medicines, face masks sales witnessed exponential growth during the peak years of the COVID-19 pandemic, 2020 and 2021, with manufacturers in industries such as Apparel, Oil and Gas, and Automobile turning to face masks production, in order to meet the demand. Over the next few years however, demand is set to reduce, amid the waning COVID-19 cases, increased vaccinations and removal of governmental norms.

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    The data encompasses B2C enterprises. Figures are based on consumer spending on Tissue & Hygiene Paper products that comprises of Toilet Paper, Paper Tissues, Household Paper, Feminine Hygiene, Baby diapers, Face masks and Incontinence segments that are produced for private end customers for both offline retail and online retail.

    Modeling approach:

    Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, market data from independent databases and third-party sources, historical developments, current trends, as well as survey results from our primary research (e.g., the Statista Global Consumer Survey). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Tissue & Hygiene Paper market with projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

    Additional notes:

    The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development).

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    Face Masks: market data & analysis - BackgroundFace Masks: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on data from IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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