The global fashion face mask market size is expected to reach USD 2.38 billion by 2027, expanding at a CAGR of 22.7% over the forecast period, according to a new report by Grand View Research, Inc. Adoption of the product for different purposes ranging from a medically recommended diagnosis kit to a fashionable protective face cover is a major factor driving the market.
The
spread of coronavirus worldwide has set the tone for the face mask industry
with surge in demand for different products. This has also encouraged many
manufacturers, such as Vogmask and Respro, to ramp up their production capacity
as well as improvise the supply change strategies to cater to the unprecedented
spike in the demand for both medical- and consumer-grade products.
Celebrities,
social media influencers, and fashion designers have been instrumental in
driving the product demand. For instance, in February 2018, the New York
Fashion Week party host and social media influencer Esther Berg flaunted a
white colored mask with crafted design. Similarly, in 2014, many designers
incorporated trendy pollution-blocking masks with sportswear collection
during a China Fashion Week show.
Based
on product, anti-pollution mask held the largest share of 66.1% in 2019.
Increasing awareness regarding the harmful effects of air pollution among
consumers is fueling the segment growth. According to the World Health
Organization estimations, close to 4.2 million people die every year from
exposure to air pollution globally. Consumers have been opting for stylish and
comfortable face masks, which can protect them from pollution and other
diseases without compromising on aesthetic appeal.
Asia
Pacific emerged the largest regional market, accounting for a share of more
than 30.0% in 2019. Increasing concerns over air pollution is one of the main
factors driving the product demand in the region. As per the 2019 report
released by IQAir, a group that conducts surveys pertaining to air pollution
worldwide, close to 80% of the world’s top 20 populated cities are located in
China and India. Deteriorating quality of air has been increasing the regional
product demand.
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Fashion Face Mask
Market Report Highlights
- Based on
product, anti-pollution fashion mask accounted for the largest share of
66.1% in 2019 and is expected to maintain its lead over the forecast
period
- Online
distribution channel is projected to expand at the fastest CAGR of 22.8%
from 2020 to 2027. Wide range of products, special pricing, and great
discounts offered by the online retailers are enhancing the segment growth
- North America
is anticipated to be the second fastest growing regional fashion face mask
market with a CAGR of 22.6% from 2020 to 2027. A large number of companies
in the region are focusing on manufacturing air filtration masks, which
are engineered for both fashion and function
- Major manufacturers
are adopting various strategies for entering into new markets. For
instance, in 2016, Vogmask, a U.S.-based company, partnered with fashion
designer Manish Arora to offer a new range of trendy masks in the Indian
market
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Fashion Face Mask
Market Segmentation
Grand View Research has
segmented the global fashion face mask market on the basis of product,
distribution channel, and region:
Fashion Face Mask
Product Outlook (Revenue, USD Million, 2016 - 2027)
- Anti-pollution
- Non Anti-pollution
Fashion Face Mask
Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027)
- Offline
- Online
Fashion Face Mask
Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Italy
- Asia Pacific
- China
- India
- Central & South America
- Brazil
- Middle East & Africa
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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