The
Europeprotective face mask market size is projected to reach USD 12,619.29 million by 2027, exhibiting a CAGR of 8.7% during the forecast period. Fortune Business Insights™ shares an
in-depth analysis of this market in its report, titled “Europe Protective Face Mask Market, 2020-2027”. The report states
that the value of this market stood at USD
1,327.67 million in 2019.
Medicom to Establish Mask Manufacturing Facility
in Singapore
In June 2020, the Medicom Group unveiled its plans
of building a manufacturing facility for making protective face masks in
Singapore, as part of its strategy to bolster its global presence. The new
plant will be set up under the name KHM Engineering and will have the capacity
to produce millions of masks every month. Highlighting the criticality of
optimizing supply chains of personal protective equipment (PPE) amid the
on-going COVID-19 pandemic, Medicom aims at expanding its reach to end-use
industries in the burgeoning economies of Southeast Asia. A Canada-based
company, Medicom has built a strong presence across Europe, having a corporate
office in the Netherlands and production plants in France.
Stringent Mask Regulations to Catalyze the Europe
Protective Face Mask Market Growth
The uncontrolled spread of the coronavirus in Europe
has forced governments in many European countries to impose strict
face-covering regulations. In July 2020, for instance, the UK government issued
a series of guidelines and rules, making the wearing of protective type of face
masks in enclosed public spaces, such as supermarkets and subway stations,
compulsory. Those not complying were fined up to £100 by the police. In January
2021, the German government formulated new rules mandating the type of mask
citizens have to wear while traveling through public transport or while
shopping. According to the new rules, people will now have to wear a medical or
surgical-grade mask while using public transport or while visiting supermarkets
or similar enclosed spaces. Similar instructions were issued in France as well
during the same month.
Healthcare Segment to Hold Commanding Position
Based on application, the market has been segmented
into healthcare, oil & gas, mining, construction, manufacturing, and
others. Among these, the healthcare segment will lead the Europe protective
face mask market share during the forecast period as healthcare workers at
hospitals and clinics are heavily dependent on PPE to safeguard themselves and
the patients from COVID-19.
On the basis of type, this market has been
segregated into medical face masks, respirators, and others. In terms of usage,
the Europe market has been categorized into disposable and reusable. By
country, the market has been clubbed into Germany, the UK, France, Italy,
Spain, Russia, and the Rest of Europe.
Lucrative Opportunities Await Market Players in
the Europe Protective Face Mask Market
The persistent rise in coronavirus cases in Europe,
along with a steady increase in deaths, is creating lucrative opportunities for
market players. For example, in May 2020, Honeywell announced plans to
construct a new production line in Newhouse, Scotland to produce 70 million protective
type of face masks under an agreement signed by the company with the UK
government. The new facility is also estimated to generate 450 jobs in the
region. Furthermore, recognizing the need to meet the supply-demand gap in
facemasks, apparel and textile manufacturers have also entered the fray,
driving the regional market growth.
Information source: https://www.fortunebusinessinsights.com/europe-protective-face-mask-market-105075
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