Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.
In our continuing search for “recession-proof” industries, there is one that has made a great deal of news: personal protective equipment (PPE). The sudden emergence of a novel, worldwide, worst-case-scenario coronavirus has meant that demand has skyrocketed for what are often lifesaving products.
There has been a flurry of industry market reports from the spring until this month on the expected performance of the global PPE market. The consensus shows strong growth, with a compound annual growth rate (CAGR) of around 9% over the next four years.
One well-known caveat for anyone who has been following the news is that the supply of PPE has often struggled to keep up with seemingly unquenchable demand. This could be chalked up to yet another variation on the theme of disrupted supply chains. Thankfully, there’s help.
Meet Shop The Globe, a new global online wholesale marketplace. Offering disposable gloves, face masks and shields, hairnets, and goggles, PPE is one of our fastest-growing categories of products, with more being added every day. Shop The Globe offers a wide variety of other categories as well, from toys to pain relief.
Through Shop The Globe, buyers are guided to individual storefronts, for these and other products. With easy to use searches and filters, by country or category, buyers and find what they’re looking for fast. It’s all part of Shop The Globe’s efficient, one-stop shopping experience.
Shop The Globe operates in over 100 major languages, allowing sellers to reach buyers in a language each can understand.
Shop The Globe also offers a wide variety of currencies, from Leks to Rands, ensuring an easier flow of goods and capital from sellers to buyers all over the world. More of each are on the way.
Shop The Globe is a new global online wholesale marketplace owned by an established global news company, Communal News. Along with along with Freelance Global Gigs, our websites have quickly established themselves as global platforms and demonstrated quick growth.
Part of our model is to provide our services at little or no cost to our vendors. Anyone can read our targeted articles on Communal News, Google News, or Facebook News. Accordingly, Shop The Globe allows sellers to post news publications and listings on our website at no upfront, out-of-pocket cost. In return, Shop The Globe charges sellers only 12% of what they sell.
Navigating supply chains and keeping up supply to meet demand can be a struggle in normal times and frightfully fraught in uncertain ones. Let Shop The Globe help you make it easier, no matter what your wares. Try it today! Shop the Globe’s Global Wholesale Vendor Registration is free.