Anti-pollution mask market to reach $16.86 million by 2023: ASSOCHAM- TechSci study

Anti-pollution mask market to reach $16.86 million by 2023: ASSOCHAM- TechSci study

Mangaluru, May 1: India’s anti-pollution mask market may generate revenue of $16.86 million by end of 2023 from $6.16 million in 2017 due to deteriorating air quality, rapid urbanisation, increasing purchasing power and expanding urban population, according to a joint study by ASSOCHAM-TechSci Research.
The pollution mask 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. As a result, demand for anti-pollution masks from northern India is increasing, noted the ASSOCHAM study.
The pollution mask market 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 mask 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 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 and developing economies. It is also threatening the existence of the human race due to 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.