Study shows that the air pollution mask market will grow from USD 6.16 mn in 2017 to USD 16.86 million in 2023
India’s anti air pollution masks market may generate a revenue of USD 16.86 million by the end of 2023 up from USD 6.16 million in 2017. Deteriorating air quality, rapid urbanisation, increasing purchasing power and expanding urban population could fuel the rise in the size of the market, according to an ASSOCAM-TechSci Research joint study.
The Indian pollution masks market grew at a compound annual growth rate (CAGR) of 15.45%, in value terms during 2013-17, noted ASSOCHAM-TechSci Research on ‘Bio Medical Waste & air pollution’.
The presence of high concentration of PM2.5 and PM10 in the air leads to high pollution levels in northern parts of India, especially Delhi NCR, which is among the most polluted regions in the country, and on some days even in the world. As a result, demand for anti-pollution masks is increasing in North India, noted the ASSOCHAM study.
The pollution mask market in India is projected to grow at a CAGR of more than 18% by 2023, on the back of growing health concerns due to deteriorating air quality in the country, especially across the urban areas
The pollution mask market in India is projected to grow at a CAGR of more than 18% by 2023, on the back of growing health concerns due to deteriorating air quality in the country, especially across the urban areas. Increasing CO2 emissions due to surging industrial activity and expanding vehicle fleet, rising sales of pollution masks through online channels and intensifying competition are some of the other factors expected to boost pollution masks market in the country over the course of next five years.
Moreover, increasing per capita expenditure on healthcare and safety products and rising consumer awareness regarding respiratory diseases and benefits of anti-pollution products are anticipated to fuel demand for pollution masks in India in the coming years.
Masks are filters that prevent fine particles from entering the nasal passage and then the lungs. The finer the particles that a mask filters, the more dense texture of the mask is.Long-term effects of being exposed to fine particulate air pollution can cause heart disease, lung disease, and lung cancer. It can also cause damage to the brain, kidney, liver and nerves.Air pollution has become one of the biggest challenges for both developed economies. It’s even threatening the existence of the human race due to its effects like global warming and acid rain.
Developing countries like India and China in Asia and the African continent will continue to contribute to a growing load of carbon emissions across the world. Thus, it becomes evident that both developed and developing economies need to come together on a common platform and join hands to fight this menace. Moreover, exchange of clean technologies from the developed world needs to be increased.
