Market Insights Report
Revenue in the Face Masks segment amounts to US$11.30bn in 2023. The market is expected to grow annually by -21.69% (CAGR 2023-2027).In global comparison, most revenue is generated in China (US$3,897.00m in 2023).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?
What was originally intended to only be used by doctors and medical personnel quickly became a quintessential accessory of the modern era. With the rapid spread of the COVID-19 virus, people all over the world turned to face masks to protect themselves. This increase in purchases resulted in an exponential growth of the Face Mask market in 2020. However, the demand for face masks far outweighed the supply. This prompted other industries, including the automobile, apparel, consumer electronics, as well as oil and gas industries, to turn to face mask manufacturing to keep up with demand. According to our analysis, over 378 billion face masks were sold in 2020. Leading the sales were mainland China and India, two of the most densely populated countries in the world. Moreover, customs in mainland China reported having exported over 224 billion face masks in 2020. This report from the series of Consumer Market Insights segment reports gives an overview of the Face Masks market from an international perspective.
Overview
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