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.
Full Research Report On U.S. Disposable Face Mask Market Visit Here:
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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
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U.S. Disposable
Face Mask Market Segmentation
Grand View Research has
segmented the U.S. disposable face masks market on the basis of product,
application, distribution channel and states:
U.S. Disposable
Face Mask Product Outlook (Revenue, USD Million, 2016 - 2027)
- Protective
- Dust
- Non-woven
U.S. Disposable
Face Mask Application Outlook (Revenue, USD Million, 2016 - 2027)
- Industrial
- Personal
U.S. Disposable
Face Mask Distribution Channel Outlook (Revenue, USD Million, 2016 -
2027)
- Online
- Offline
U.S. Disposable
Face Mask States Outlook (Revenue, USD Million, 2016 - 2027)
- California
- Texas
- New York
- Florida
- Illinois
- Pennsylvania
List of Key
Players in the U.S. Disposable Face Masks Market
- Honeywell International Inc.
- 3M
- Kimberly Clark Worldwide
- SAS Safety Corp
- Gerson
- KOWA
- Uvex
- Moldex
About Grand View Research
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, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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