Sales of Protective Gowns to Decelerate in 2020 as COVID-19 Pandemic Takes its Toll on Global Market
Analysts at Future Market Insights find that the global Protective Gowns Market has been evolving at a CAGR of xx% during the historic period 2014-2018. The market study suggests that the global market size of keyword is projected to reach ~US$ xx Mn/Bn by the end of 2029 with a CAGR of xx% over the stipulated timeframe 2019-2029.
The COVID-19 pandemic has been posing measurable impact on the global economy and, in turn, on the Protective Gowns Market. Quarantines, traveling constraints, and social distancing measures on a broad-scale drive a steep decline in business and consumer spending until the end of Q2. This research work intends to offer market players with a viewpoint on the changing scenario and implications for the market players.
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Unprecedented demand for PPE amongst countries severely hit by the COVID-19 pandemic such as the U.S., Italy and Spain has put pressure on their healthcare industry to source PPE. In support of the global medical community’s ever-evolving COVID-19 crisis, manufacturers are increasing their production capabilities to produce protective gowns and other PPE which was formerly ubiquitous in hospital environments.
There is a surging demand for PPE and protective gowns supply in G20 countries. However, large volume manufacturing of PPE and protective gowns is inherently a time-consuming process, which has led to rapid increase in the number of ill COVID-19 patients. Healthcare communities in the U.S. and other countries are heading toward a crisis mode. Popular news sources are revealing striking updates where healthcare providers are using large plastic bags as an alternative to protective gowns and plastic water bottle cutouts for eye protection.
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Major retailers and some of the big labels in the apparel industry are translating their conventional production practices into revenue streams by boosting the supply of protective gowns. As published by CNBC, famous brands such as GAP and Eddie Bauer are shifting their production lines from making clothes to manufacturing protective gowns and face masks. As patient numbers swell throughout the U.S., hospitals and healthcare facilities are facing an outright shortage for PPE. Hence, many retailers and consumer-facing companies have joined forces with healthcare communities to use their knowledge and supplier base to fill the void in the supply of protective equipment.
Retailers are shifting from apparel making to manufacturing protective gowns and masks, whilst channeling their own supply of PPE toward healthcare workers in the U.S. Strategic team ups between high-end departmental store Neiman Marcus and sewing retailor Joann have helped to increase the availability of protective gowns and scrubs for frontline healthcare workers.
Healthcare communities worldwide are planning for resupply of protective gowns and other PPE by means of repurposing industrial capacities. However, these techniques seem unlikely to solve the shortage of protective gowns, as even supply chains have become dysfunctional due to the pandemic. Hence, the U.S. Department of Health and Human Services’ Strategic National Stockpile stepped in to solve this issue. But the lack of transparency in their inventory and popular news outlets stated that the organization’s supplies for protective gowns and other PPE are being distributed unevenly and are insufficient to meet surging demands.
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What does the Protective Gowns Market research holds for the readers?
- One by one company profile of key vendors.
- Influence of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Protective Gowns Market.
- Evaluation of supply-demand ratio in every end use industry.
- Regional analysis on the basis of market share, growth outlook, and key countries.
- Positive and negative aspects associated with the consumption of keyword.
The Protective Gowns Market research clears away the following queries:
- What is the present and future outlook of the global Protective Gowns Market on the basis of region?
- What tactics are the Protective Gowns Market vendors implementing to give tough competition to their business counterparts?
- What are the macro- and microeconomic factors affecting the global Protective Gowns Market?
- Which end use segment is spectated to lead by the end of 2029?
- Why region has the highest consumption of keyword?
COVID -19 : Impact Analysis @ https://www.futuremarketinsights.com/covid19/rep-gb-11192
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