Global Face Mask Market Revenue is Estimated to Reach 2061 Million in 2023


A face mask, usually made of gauze, paper, or other materials, which can cover the mouth and nose and is used to block small particles such as dust, bacteria, viruses, etc. in the air, is a type of hygiene product. Face masks have a wide range of applications in daily life, especially in public places, hospitals, and other places that need to prevent the spread of bacteria.
Overview of Global Face Mask Market Development and Analysis of Segmented Markets
In the past few years, the global face mask market has undergone significant changes. With the outbreak of the COVID-19 pandemic in the world, face masks have become an indispensable item in people's daily lives. Therefore, the global face mask market has experienced unprecedented growth in the short term, and the global face mask market is still steadily growing. According to our research data, the total revenue of the global face mask market is expected to reach $2061 million in 2023. In the future, with the increasing awareness of public protection, the global face mask market is expected to continue to expand. In addition, with the continuous advancement of technology, the production efficiency and quality of face masks will also be improved, further driving market growth. It is expected that the total revenue of the global face mask market will increase to $2356 billion by 2026.
In terms of product types, face masks on the market are mainly divided into disposable face masks and reusable face masks. Among them, disposable face masks dominate the market. According to our data, the global disposable face mask segment is expected to generate revenue of $1253 million in 2023, with a market share of 60.79%. From the perspective of downstream application patterns, the individual field is the largest downstream application market for face masks, with an estimated market revenue share of 48.98% in 2023.
Global Face Face Mask Market Revenue Forecast and Market Segmentation Analysis  



Global Face Face Mask Market Revenue Forecast and Market Segmentation Analysis
Source: www.globalmarketmonitor.com
Analysis of the Competitive Landscape in the Global Face Mask Market
From the perspective of market competition, the global mask market concentration is relatively low. Data shows that in 2020, the total sales value of face masks by the top 3 companies in the industry amounted to $1179 million, with a total market share of 27.82%. The top 3 companies were 3M Company, Honeywell International, and Kowa Company. In 2020, these three companies accounted for 15.29%, 7.34%, and 5.19% of global face mask sales value, respectively.


Face Mask Sales Value and Share Forecast of Major Enterprises in 2020

Enterprises

Sales Value (Million USD)

Share

3M Company

648

15.29%

Honeywell International

311

7.34%

Kowa Company

220

5.19%

Top3

1179

27.82%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "China Face Mask Industry Market Research Report 2023-2029".

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