THE CONTRIBUTION OF THE EXPORTING OF PPE KITS IN REPAIRING ECONOMIES DURING COVID-19 OUTBREAK

 

     THE IMPACT OF COVID-19

 

We all know that 2019 ended with one of the biggest and deadliest pandemics of all time, COVID-19. It has claimed millions of deaths of innocent people so far. Due to the outbreak of COVID-19 pandemic, the life of every individual across the world has seen a major change. The change of the lifestyle has brought due to the pandemic along with the deaths, illness and destruction.Currently, there is no cure and no vaccination of COVID-19 disease and precaution is considered to be the only option of reducing the spread of one of the deadliest pandemics so far. One of the biggest changes that came due to the safety measures taken is wearing of protective masks. The healthcare services have also changed drastically.

 

During this crisis, the medical professionals are working as frontline warriors to keep us safe and defeat the COVID-19 disease. Due to this, the infection rate of medical professionals has been increasing rapidly. One of the biggest reasons behind increasing the death rates and infections amongst medical professionals across the world is the shortage of the supply of the medical equipment such as Personal Protective Equipment (PPE) kits and ventilators. Not only in the developing countries but even the hospitals of the United States of America are suffering from the same. They have reported the shortage of the PPE kits and the importers and buyers of the country are looking for the potential suppliers to fulfill a huge demand of PPE kits.

 

     WHAT IS PPE KIT??

 

A PPE kit stands for Personal Protective Equipment kit. It consists of various protective equipment for medical professionals and health workers, so that they can be self-protected from the deadly infections at the time of providing treatment to the patients. A PPE kit consists of the following things.

   Disposable hood

PPE KIT

   Disposable eye gear

   Disposable shoe cover

   Disposable gown

   Three ply surgical mouth mask

   Surgical gloves

   Apron

 

     HOW CAN THE EXPORTING OF PPE KITS REPAIR THE ECONOMY??

 

Due to the increasing demand, the manufacturing and exporting of PPE kits will be very profitable for the economies of various countries such as India, South Korea, Taiwan, Japan and Malaysia. According to the Import export India data, India is manufacturing the PPE kits and ready to export them on a large level to various developed countries.

 

The Indian government is ready to provide all the necessary help to the businesses and MSMEs which are focusing on increasing the production rate of PPE kits. As per the international Trade data, the exporters and suppliers can get a huge profit by buying the PPE kits from small enterprises and then selling them in the global market with a good margin. The COVID-19 outbreak has brought the rapid and immense growth of the PPE kits market. And according to the global Export Import data, the growing market of PPE kits is expected to reach about $92.5 billion by the end of the year 2025. The slowing global economy due to COVID-19 pandemic is looking forward to recovering a bit with the help of the PPE kits market.

 

Eximine Services is a market research company which helps in providing the authentic, updated and genuine export import data all across the world. We also provide the assistance on international Trade data to those who want to build a successful career in the business of international trading. 

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