Consumer demand for face masks has dramatically increased globally due to the COVID-19 coronavirus, to the extent that many stores have run out of them. As one of the world's largest manufacturers of N95 respiratory masks and other protective products, it is estimated that 3M Company could have a sales boost of up more than one billion U.S. dollars in 2020 because of coronavirus-related demand. Comparatively, during the the 'swine flu' H1N1 virus pandemic in 2009-2010, 3M's sales were boosted by 350 million U.S. dollars.
President Trump's administration reportedly plans to order millions of face masks from 3M.
Estimated sales boost for 3M due to COVID-19 coronavirus as of March 2020 (in million U.S. dollars)*
* Estimated sales increase corresponding to increased sales of N95 respiratory masks and other products such as hand sanitizer that are helpful during virus epidemics.
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Business Insider. (March 2, 2020). Estimated sales boost for 3M due to COVID-19 coronavirus as of March 2020 (in million U.S. dollars)* [Graph]. In Statista. Retrieved May 16, 2022, from https://www.statista.com/statistics/1103727/estimated-sales-increase-of-3m-due-to-coronavirus/
Business Insider. "Estimated sales boost for 3M due to COVID-19 coronavirus as of March 2020 (in million U.S. dollars)*." Chart. March 2, 2020. Statista. Accessed May 16, 2022. https://www.statista.com/statistics/1103727/estimated-sales-increase-of-3m-due-to-coronavirus/
Business Insider. (2020). Estimated sales boost for 3M due to COVID-19 coronavirus as of March 2020 (in million U.S. dollars)*. Statista. Statista Inc.. Accessed: May 16, 2022. https://www.statista.com/statistics/1103727/estimated-sales-increase-of-3m-due-to-coronavirus/
Business Insider. "Estimated Sales Boost for 3m Due to Covid-19 Coronavirus as of March 2020 (in Million U.S. Dollars)*." Statista, Statista Inc., 2 Mar 2020, https://www.statista.com/statistics/1103727/estimated-sales-increase-of-3m-due-to-coronavirus/
Business Insider, Estimated sales boost for 3M due to COVID-19 coronavirus as of March 2020 (in million U.S. dollars)* Statista, https://www.statista.com/statistics/1103727/estimated-sales-increase-of-3m-due-to-coronavirus/ (last visited May 16, 2022)
