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The global soup market size was USD 16.12 billion in 2019 and is projected to reach USD 21.0 billion by 2027, exhibiting a CAGR of 2.79% during the forecast period (2020-2027).
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Disposable Masks Market Share, Size, Revenue, Latest Trends, CAGR Status, Growth Opportunities and Forecast 2032
Demand in the global disposable masks market size is slated to increase at a 7% CAGR over the forecast period, with the market valuation reaching US$ 4.9 Bn in 2022. Growing emphasis on the safety of healthcare personnel is expected to boost the market, pushing the market valuation to US$ 9.7 Bn in 2032.
Currently, consumers are increasingly purchasing personal protective equipment such as disposable face masks to protect against viruses and other infectious diseases. The disposable masks market witnesses accelerated demand following the global outbreak of Coronavirus, which originated in China in December 2019.
On account of the rising cases of coronavirus and other infections across the globe, companies are significantly focusing on increasing their production capacity and expanding their product availability to minimize the risk of infection among the population.
Moreover, there is an increasing demand for specialized masks known as N95 respirator masks among doctors, nurses, medical workers, and others who are treating patients identified with positive symptoms of coronavirus, as these masks protect against the virus. This is one of the primary factors increasing the demand for disposable marks across the globe.
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