Market Insights report
The Face Masks market includes surgical, disposable, cloth masks, and respirators like N95 and KN95. Initially a medical essential, face masks became a global necessity during the COVID-19 pandemic, driving significant demand. This report provides insights into revenues, per capita metrics, volume, and pricing across online and offline channels. In 2023, the market generated US$11.3 billion globally, with China leading at US$3.897 billion. A projected decline will see revenues at US$4.75 billion in 2024, with an annual growth rate (CAGR) of -1.74% from 2024 to 2029.This report from the series of Consumer Market Insights segment reports gives an overview of the Face Masks market from an international perspective.
What's included?
The Face Masks market includes a variety of products such as surgical masks, disposable masks, cloth masks, and respirators like N95, FFPs, and KN95. Originally designed for medical personnel, face masks became a crucial accessory during the COVID-19 pandemic, marking a pivotal moment for the market's expansion. The surge in demand during this time also prompted industries outside healthcare, such as automotive and apparel, to pivot toward face mask production to address supply shortages.
This report, part of the Consumer Market Insights series, provides a global perspective on the Face Masks market, analyzing revenues, average revenue per capita, volume, average volume per capita, and pricing. Both online and offline sales channels are included, offering a comprehensive view of the market's structure and dynamics.
In 2023, the global Face Masks market generated US$11.3 billion in revenue, with China leading at US$3.897 billion. The per capita revenue globally amounted to US$1.47. However, the market is projected to see a decline, with revenue reaching US$4.75 billion in 2024 and an annual growth rate (CAGR) of -1.74% from 2024 to 2029. By 2029, the market volume is expected to reach 14.6 billion pieces.
This report examines current trends, key market players, and global sales dynamics, offering valuable insights into the evolving Face Masks market and its future trajectory.
Overview
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