September 14, 2020
According to the research report titled ‘Europe Protective Face Masks Market Share By Distribution Channel, Product, By End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, Europe protective face masks market is expected to cross USD 370 million by the year 2026.
Strict regulations regarding the use of face masks and implementation of social distancing measures in order to curb the spread of the COVID-19 disease have impelled the demand for face masks, which in turn is a major factor driving the market growth in Europe.
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Various companies are focusing on increasing their respective production capabilities in order to cater to growing product demand. Additionally, rising cognizance regarding the advantages of protective masks such as averting the risk of acquiring allergies and flu is also stimulating the industry outlook. However, strict approval norms pertaining to N95 respirators and low profit margins may act as an inhibiting factor for Europe protective face masks scenario.
As per product type, procedure masks market segment accounted for USD 67.9 million in the year 2019 and is expected to showcase consistent growth during the analysis timeframe. Procedure masks are utilized by clinicians during routine procedures in order to maintain an adequate aseptic barrier. Rising adoption of procedure masks amidst COVID-19 pandemic and easy usability of the product are contributing towards the segmental growth.
Citing the distribution channel, pharmacies segment held 30% share of Europe protective face masks market in the year 2019 and is expected to register significant growth in the subsequent years. Easy accessibility to pharmacies and increasing utilization of protective face wears among public are favoring the market outlook.
Moving on to the end-user scope, the report claims that Europe protective face masks market share from long term care centers is expected to record unprecedented growth through 2026. Focus towards converting long term care centers into patient wards in order to treat COVID-19 patients is stimulating the industry outlook.
Regionally, protective face masks market in Italy generated revenues worth USD 21.3 million in the year 2019 and is anticipated to witness similar growth in the forthcoming years. Ever-rising burden of COVID-19 patients along with rising elderly population are facilitating the business scenario in Italy.
The competitive landscape of Europe protective face masks market is defined by companies such as Henry Schein Inc., Dentsply Sirona, Cardinal Health Inc., Honeywell International Inc., Akzenta GmbH & Co. KG, DACH Schutzbekleidung GmbH & Co. KG, and 3M Co. among others.