U.S. Disposable Face Mask Market Research, Key Players, Analysis And Forecast 2027: Grand View Research Inc.
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 rapid surge in the number of
Covid-19 (coronavirus) cases in the country and the favorable directives by
various government agencies for the usage of face masks and hand sanitizers are
expected to drive the market growth. As of May 18, 2020, the number of
reported cases in the country rose to 1.48 million, with the number of deaths
being recorded at 89,407. Although the age groups of 18 to 44 and 45 to 64 have
recorded the most number of cases, the rising number of cases among the population
of 65+ is one of the major factors driving the demand for disposable masks for
personal use. This is also further validated by various directives from health
and welfare agencies stating that the geriatric population is the most
susceptible to the adverse impacts of the virus.
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.
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As is the case in several countries
across the globe, state and local authorities in the country earlier passed
emergency directives to limit large gatherings, closure of non-essential
businesses, and promote the use of products such as face mask, hand wash, and
hand sanitizer, in an effort to curb the spread of the virus. Several states
are presently working towards determining the right strategies to exit the lockdown.
Such developments, along with the fear amidst consumers regarding the
possibility of similar outbreaks in the future, are expected to significantly
drive the demand for disposable face masks over the coming months and years.
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
As of May 18, 2020, New York, New
Jersey, Illinois, Massachusetts, and California recorded the highest number of
cases, together accounting for a total of 764,886 cases. New York is being
regarded as the epicenter of the country’s COVID-19 outbreak, with the maximum
number of positive cases and deaths. The possibility of several asymptomatic
cases going undetected is expected to drive the population towards the use of
disposable face masks as part of protective measures.
Furthermore, in line with the ongoing
demand for fashionable and trendy products in the country, a large number of
independent fashion designers and renowned apparel manufacturers including,
Hickey Freeman, American Apparel Inc., and New Balance have been focusing on
the concept of producing face masks for both medical- and consumer-grade with
the guidance from healthcare company such as Kaiser Permanente.
Prominent manufacturers in the
country, such as 3M and Honeywell, have nearly doubled the capacities at some
of their facilities, both domestic and international, in order to meet the
growing demand. For instance, the 3M company is currently working at increased
capacity levels at four different locations, with a total capacity of over 2
billion units. This number is expected to further increase through 2020 and
2021.
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The protective masks segment emerged
as the largest product segment and accounted for over 35.0% revenue share in
2020. 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 2020. 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 U.S. disposable face masks industry houses both
international and domestic players. The companies face intense competition from
each other as some of these players are renowned manufacturers with diverse
product portfolios. These companies have a large customer base due to the
presence of strong and vast distribution networks, which help them reach both
regional as well as international consumers. The increase in the sales of
respiratory protective face masks, along with the shortage in their supply, has
led to the entry of a significant number of new players. The ubiquitous fear
due to the coronavirus pandemic has certainly become one of the top factors
boosting the product demand. Moreover, several suppliers have raised the price
of these masks owing to the rapid surge in their 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.
Major market players have been ramping up their production
capacity, along with improvising their distribution channels, to cater to the
unexpected spike in the demand. For instance, on March 30, 2020, Honeywell
announced to expand its manufacturing capabilities in Phoenix to produce N95
face masks in support of the U.S. government’s response to the novel
coronavirus. Some of the prominent players in the U.S. disposable face masks
market include:
·
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.
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