According to KeyBanc, by 2021, the U.S. market for face masks could amount to $6 billion.25 Sep 2020 07:36
According to KeyBanc, by 2021, the U.S. market for face masks could amount to $6 billion.
Masks have become a necessary NEED like food, water, clothes. and need items generally always make money , the day the masks launched, globally, Vistaprint sold one mask every five seconds, with no advance marketing
GAP
The introduction of masks across all of its brands, in mid-April, was an adrenaline shot. In May alone, Gap’s brands sold 3 million masks. In the second quarter, mask sales contributed $130 million to overall sales. Boosted by mask searches — Gap brands come up high in the Google Shopping results for “face masks” — masks were key in driving Gap’s massive surge in online sales, which were up 95% in the second quarter, accounting for 50% of all the company’s sales. Seventeen percent of Gap’s 3.5 million new customers this year bought a mask, and the company had 165% more new customers than in 2019. More than T-shirts, more than jeans, more than, well, anything, masks are now Gap’s bestselling item.