With the global demand for the product rapidly outstripping supply after the COVID-19 pandemic outbreak, numerous market participants have been increasing production to cater to the expanding universal need for disposable face masks. For instance, 3M, a U.S.-based multinational conglomerate corporation specializing in the fields of health care, consumer goods, and worker safety, doubled its production of N95 masks globally during February and March 2020. The company’s global production reached approximately 100 million a month during this period. In March 2020, the company announced its intent to invest in new disposable face mask production equipment to expand its mask production capacity to 2 billion within a year. Honeywell International Inc., another U.S.-based manufacturer of disposable face masks, announced that it is expanding its production capacities in Phoenix, U.S., to manufacture N95 face masks. This move came in response to the U.S. Government’s efforts to keep the novel COVID-19 under control.
After the COVID-19 pandemic, Austria made it mandatory for shoppers to use face masks in supermarkets, a sizable number of regional officials in Germany are continually urging the federal government to follow suit and introduce a similar rule country-wide. Slovakia and the Czech Republic have also made it mandatory for shoppers to use face masks. The Centers for Disease Control and Prevention (CDC) officials in the U.S. have been mulling over whether or not to make a recommendation to make wearing disposable face masks mandatory among the general public. Recently, Donald John Trump, the U.S. president, has suggested that Americans should wear masks in public. Furthermore, in March 2020, the U.S. Government promised to purchase all unsold respirators and disposable face masks once the impact of coronavirus in the country subsides and the demand for these products shrinks.
Counterfeit/fake disposable face masks are those masks that are falsely sold and marketed as being NIOSH-approved worldwide. These masks may not be capable of providing the appropriate respiratory protection to wearers, as these products are usually manufactured in unsterile sweatshops. The circulation of counterfeit disposable face masks is more pronounced in Asian markets, particularly in China and India. Furthermore, the COVID-19 outbreak has been leading to the flow of hundreds of thousands of counterfeit disposable face masks flooding Asian markets.
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Market drivers and restraints
Key market opportunities prioritized
Latest strategic developments
Market size, estimates, and forecast from 2017 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance
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