The Europe protective 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 USD1,327.67 million in 2019.
Medicom to Establish MaskManufacturing 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 KHMEngineering 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.
Information source:
https://www.fortunebusinessinsights.com/europe-protective-face-mask-market-105075
