|In these times of personal protective equipment shortages, with prices rising and orders backed up for months, it can be helpful to examine the worldwide disposable glove supply chain that carries products from Southeast Asia factories to end-users. There are myriad factors that, either collectively or individually, can cause a breakdown in supply.
It all starts with raw materials. If you are making latex gloves, you need natural rubber. For nitrile, the basic ingredients are two monomers, acrylonitrile and butadiene. For PVC, it’s polyvinyl chloride monomers.
Thanks to COVID-19, prices for personal protective equipment, especially disposable gloves, have been on the rise as supply suffers acute shortages. In many cases, price jumps have been astronomical, and in the next 45 to 90 days, prices for all gloves will likely double. PVC prices may go even higher, delivering a serious blow to the affordability of vinyl gloves.
In simplest terms, it is a matter of overwhelming demand and a supply chain that cannot keep up. Disposable gloves have for years been viewed as a basic commodity that is widely available, but for many reasons, there has always been a limited manufacturing capacity. Glove makers and the supply chain were not prepared to deal with the sudden spike in demand.
|Restrictions placed on businesses during the COVID-19 shutdown have been eased, at least partially. What business and governmental leaders are learning, however, according to The Wall Street Journal, is the new economic reality in the age of coronavirus: Being open for business is almost as hard as being closed.
Facing higher costs to keep workers and customers safe, businesses are forced to make significant changes to their operating models to maintain a profit, the Journal reported. Some are cutting services and jobs; others are raising prices, including imposing coronavirus-related fees aimed at getting customers to share some of the expenses.
|In the pre-COVID-19 world, disposable glove use was always steadily on the rise, averaging almost 10% growth a year. Safety awareness has spread well beyond the medical sector and into industrial environments.
Due to the pandemic, all industries are investing heavily in hygiene and safety for their employees. Demand for disposable gloves is also increasing among ordinary consumers, many of whom have taken to wearing them in public as an extra safety precaution. Continue reading “COVID-19 Will Keep Driving Demand for Disposable Gloves”
|In 2020, demand for disposable gloves and personal protective equipment is at all-time highs. The global spread of the novel coronavirus has completely taken over the conversation—and the market—as glove manufacturers struggle to keep the supply chain moving.
Also on the rise, of course, is the cost of doing business. With shortages of raw materials and labor, and restrictions on who gets priority access to PPE, glove prices are going up. It’s not a matter of gouging, but simple economics: demand rises, supply drops, gloves get more expensive.
The global disposable gloves market is experiencing explosive growth. Today’s overwhelming demand for personal protective equipment is expected to continue unabated as glove manufacturers in Southeast Asia struggle to keep up with orders.
Health-related fears driven by the novel coronavirus are of course a major factor in the industry’s current economic boom. But beyond that, the use of disposable gloves, especially in the industrial safety sector, has been steadily on the rise.
In uncertain times, it is anything but business as usual in the disposable glove industry. As such, companies like AMMEX continue to see the extraordinary impact of worldwide pandemics such as COVID-19 and how they disrupt so much of our daily lives. AMMEX is committed to doing its part to support its customers and their communities with critical and essential PPE products during world health events.
During these times, our team works around the clock to ensure that its customers, local and state institutions, and governments have as much supply of disposable gloves as possible. These pandemics are fought on the front lines.
Distributors know how fickle the modern marketplace can be. With rising costs, eroding margins, underperforming sales, and challenges from online retailers, it’s getting harder to protect your bottom line.
Partner with AMMEX, and we can help you boost your profits and nourish your customer base in a simple and effective way: Adding disposable gloves to your product line.
Are you looking to take your business to the next level?
At AMMEX, we understand what it takes to make the choices needed to transform your bottom line. Over 30 years we have developed highly effective, no-risk sales and marketing programs that help thousands of distributors to sell millions of disposable gloves—and getting started is easy.
Success gets easier when you feature our products, which deliver high-margin residual revenue. They’re also recession proof, and they drive customer engagement across multiple industries.
What are the most difficult challenges that small to medium-sized distributors face?
Eroding margins that damage your bottom line? Online retailers that create chaotic price structures? Or maybe getting the support you need from vendors to help you achieve your sales goals?
AMMEX crafts its relationships to deliver maximum benefit to our partners. Over 30 years, we’ve developed a highly effective, no-risk program that has helped thousands of distributors to sell millions of gloves. Continue reading “Why Partner With AMMEX?”