Reusable Face Mask Market Potential Growth, Share, Demand And Analysis Of Key Players- Analysis Forecasts To 2030
The Global Reusable Face Mask Market held 1.5 USD billion in 2020 and is to grow with a CAGR of 23% from 2020-2030. Single-use plastic is used to make disposable masks, contributing to a larger environmental problem. Every year, a staggering 150 million tonnes of single-use plastic are manufactured. Because of the rising use of surgical single-use plastic masks by the general population, and because they are not properly disposed of, reusable face masks can constitute a significant environmental threat. Since it was found that disposable masks had been swept away on Hong Kong’s distant island of Soko Island towards the end of February 2020, media inquiries have flooded in. It all started with a simple Facebook post encouraging people to become more responsible and properly dispose of masks, but now it’s spread across the globe in countries ranging from Indonesia, China, Russia, India, Japan, and Hungary. Thus, it created awareness for the use of reusable face mask to avoid the infections against the Covid-19 infectious disease.
Market Dynamics and Factors:
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The Reusable Face Mask market was led by the handheld segment in 2020, with the handheld segment accounting for 42% of total revenue. The fact that these oximeters are simple to use in the event of an emergency is driving the industry. The degree of oxygen saturation in a patient’s blood can have a big impact on the treatment’s outcome. Market growth is expected to be aided by an increase in the number of stroke patients and procedure
North America is fastest-growing the reusable face masks market and held the greatest revenue share due to rising awareness of the need to avoid the respiratory infections among the general public.Rise in product demand has resulted from an increase in the number of fatalities caused by COVID-19, as well as an increase in the number of recommendations from government and health organizations. Furthermore, the use of surgical masks, such as N95, which are known to provide greater protection against the virus to healthcare personnel and other frontline employees doing medical procedures, has been restricted.
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Leading players of the cloths and sportswear industry are investing in the reusable face mask market due to prominent demand to avoid the spread of the COVID-19 is expected to strengthen the market growth. For instance, in May 2020, Adidas released Face Cover, a reusable face mask made from breathable recycled material that is available on Amazon, Flipkart, Adidas, and Myntra, in response to rising demand for masks throughout the world.
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Some of the leading players for the reusable face mask market include Respro, ARAX Co., LTD., Vogmask, Moldex-Metric, idMASK, Totobobo, Debrief Me, Cambridge Mask Company, Airpop, Kimberly Clark, and others.