How Nitrile Helped an Entrepreneur go from COVID Crisis to $2 Million In MonthsFebruary 23, 2021
You’ve probably seen nitrile gloves before, but didn’t know what they were.
For entrepreneur Adam Karapetyan, they changed his life.
The global nitrile gloves market is nothing to sneeze at. It’s size was valued at a little over $3 billion in 2019 and has a projected compounded annual growth rate (CAGR) of 14.1% from 2020 to 2027. Healthcare benefits and an increase in latex allergies are two main growth factors, among others, and because nitrile gloves utilize synthetic rubber, they offer more strength and flexibility while making operation easier. In many ways, nitrile is the perfect material for convenient gloves.
In some ways, nitrile is a synthetic, re-processed form of latex, but better. While nitrile starts as rubber from rubber trees, it is processed in such a way that it becomes a uniquely strong and sturdy chemical, superior to latex while priced very similarly. Nitrile is a chemical-resistant and puncture-resistant material used to help make the best kinds of gloves available for purchase. In fact, nitrile has a higher puncture resistance than any other glove material, and a higher chemical resistance than latex or vinyl gloves. Nitrile gloves are also ideal for those who need to avoid latex due to allergies.
A young entrepreneur in Los Angeles, Adam Karapetyan had a meal-prep company that had been ravaged by COVID-19, and he had pivoted to selling nitrile gloves. Once COVID-19 shook the US in early 2020, everything changed.
As the companies Adam was working with began to collapse one by one and tenants were unable to pay rents, Adam was struggling. Seeing his business accounts dip into the negatives, Adam began to research nitrile gloves, and began designing a company around acquiring and distributing high-quality personal protective equipment. In less than a year, Adam was able to create more than $2 million in revenue through his company, Wholesale Nitrile Gloves. The company’s flagship product is their nitrile gloves, which are of superior quality and are sold in high volumes.
Now, there’s no looking back.
Learn more at www.wholesalenitrilegloves.com
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