4 Popular Reports on Markets Triggered by COVID-19 Pandemic
09 Sep 2021 • by Natalie Aster
LONDON – The outbreak and rapid spread of COVID-19 have disrupted the global economy and drastically affected various markets. However, a few markets, by contrast, have received a boost in the wake of the COVID-19 pandemic. Market Publishers’ experts have prepared a selection of 4 in-demand reports covering markets that are driven by the COVID-19 pandemic:
Respiratory Care Devices Market
The world’s market for respiratory care devices has demonstrated robust growth during the last year, driven primarily by the increasing cases of COVID-19 worldwide. This market is predicted to maintain a steady growth pace between 2021 and 2025, supported by such factors as the rapidly gaining population, growing healthcare expenditures, increasing incidence of chronic diseases and COVID-19, rising carbon emissions, growing cigarette consumption, and escalating burden of obesity and diabetes. However, some challenges such as stringent product approval and monitoring regulations, rapid technological progress, lack of feedstock availability, and the existence of local manufacturers may restrain the respiratory care devices market growth to some extent…
Personal Protective Equipment (PPE) Market
The world’s market for Personal Protective Equipment (PPE) has been witnessing robust growth since the outbreak of COVID-19. The PPE market is projected to continue growing at a brisk pace in the next 4 years, supported by the increasing number of accidents in workplaces, rapidly aging population, growing healthcare expenditures, enhancing awareness about PPE, and strict safety protocols. Moreover, the soaring demand for smart PPE, remarkable technological advancements, and innovations in PPE textile designs will likely also create lucrative growth opportunities for the PPE market players. Meantime, the PPE industry also faces some challenges, for instance, certain physical limitations of PPE, and expanding ‘gray markets’ for PPE…
The world’s personal hygiene market is projected to demonstrate growth at a 3.6% CAGR in the next 10 years to come to the value of USD 720.7 billion by the year 2030. Factors such as the rising awareness of personal hygiene, increasing disposable incomes, and growing willingness to pay for hygiene products will likely act as the key growth drivers of the global personal hygiene industry in the years ahead. Besides, the soaring desire to improve the quality of life and maintain optimal health levels is further set to boost the market growth. Meantime, some challenges including the constantly changing buyers’ behavior and growing preference for chemical-free, organic goods due to their advantages may restrain the growth of the personal hygiene market to some extent…
The global market for face masks is projected to maintain a healthy growth pace at a CAGR of 4.8% during 2021-2026, spurred majorly by the increasing incidence of COVID-19 worldwide along with the rising burden of various infectious diseases and the enhancing need for their effective treatment. The increasing adoption of masks as a precaution is predicted to continue in the near future and will drive the growth of the global disposable face masks market. Recent virus outbreaks and the threat of pandemics in the future are expected to open high potential opportunities for existing and new entrants in the industry. By 2026, the value of the global face masks is expected to come to USD 8.88 billion…
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