Respiratory Mask Market: Pre & Post Analysis of COVID-19 Report 2020
According to a new report published by FastMR titled, “Respiratory Mask Market by Product, and End-Use: Global Opportunity Analysis and Industry Forecast, 2016–2027,” the global respiratory mask market was estimated at around USD 6.1 billion in 2019 and is expected to grow with the CAGR of 6.9% during the forecast period 2020-2027. Rising emergence of pathogens around the globe is projected to drive market growth.
Global emergence of coronavirus has directly boosted the demand for respiratory masks. The product offers greater protection against pathogens and viruses by isolating face through a patch. As the global cases of infected personnel increases, the demand for a product is also expected to observe swift growth over the short term period.
Uncertainty related to the arrival of vaccine to cure coronavirus coupled with rising cases is anticipated to drive market growth. The product offers excellent protection while providing comfortable breathing. Countries around the globe are demanding for the product to tackle the rising cases and break the chain of infected personnel through protective equipment such as respiratory masks.
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As the world fights the economic challenges caused due to the outbreak of pandemic, many economists is suggesting strong financial packages to kick-start industrial facilities. Many governments are offering guidelines to initiate industrial activities while focusing on social distancing and promoting the use of respiratory masks. This is projected to positively influence market growth over the coming years.
The current situation offers a huge opportunity for market vendors. Key participants of the industry are Medicom, 3M, Ansell, Alpha Pro Tech Limited, Honeywell International, Grainger, JAL Group, Avon Rubber, Uvex Safety Group, and Mallcom Ltd. The vendors of the industry are focused on creating a strong sales channel to increase their market presence.
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Global Respiratory Mask Market Segmentation
– Air Purifier Respirator
– Supplied Air Respirator
– Fire Services
– Oil & Gas
Research Scope and Deliverable’s
- Overview & Executive Summary
- Market Drivers, Trends, Challenges and Opportunities
- Market Size and Forecast Projections
- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
- Porter’s Five Force Analysis
Key Questions Answered in the Respiratory Mask Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2019-2027?
- Which region would have a high demand for the product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?
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