How Adam Karapetyan Pivoted from COVID to $2 Million In Just Months…With Nitrile Gloves

MIAMI, CA / ACCESSWIRE / February 18, 2021 / Health and safety have taken the front seat for multiple industries like never before. Making sure to stay protected and safe, especially when working or handling materials that have been traveling around the world is paramount.

But serial entrepreneur Adam Karapetyan found his way into this world of personal protective equipment (PPE) in a way that felt anything but safe. A young entrepreneur in Los Angeles, Adam had been operating a meal-prep company for several years. As his company grew, he began acquiring more commercial space, which he rented out to small businesses in the food space.

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 realized his small empire was facing an imminent death. Seeing his business accounts dip into the negatives was the final push that led Adam to make a pivot amid the most disastrous economic collapse since the Great Depression.

Adam found ways to restructure the dire financial situation his company had been thrust into and determined that he would focus on something entirely new and, more significantly, entirely necessary. He began to research nitrile gloves and began designing a company around acquiring and distributing high-quality personal protective equipment. Unusual market conditions made it so the “little guys” began to have access to mass quantities of nitrile, which has a limited supply chain process, and Adam was able to capitalize.

In less than a year, Adam was able to create more than $2 million in revenue through his company, Wholesale Nitrile Gloves. The company provides cost-efficient, high-quality gloves, masks, and other protective wear to ensure safety and create a healthy environment in any workplace or home setting. Wholesale Nitrile Gloves isn’t just in the protective-wear business; they’re in the peace-of-mind business.

It’s no surprise that the company’s flagship product is their nitrile gloves, which are of superior quality and are sold in high volumes. In some ways, nitrile is a synthetic, re-processed form of latex, but significantly different and 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.

One reason Adam’s company has made such strides is the increasing demand and limited supply for nitrile gloves. Not everyone needs gloves, of course, but those who do need gloves are more likely to need nitrile gloves than any other kind. And they’re becoming more difficult to secure.

For surgical masks, for example, a machine can simply make them with cheap raw materials. Unlike masks, nitrile glove manufacturing is very sophisticated and requires raw materials that are usually difficult to access.

As a result, the global nitrile gloves market 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. Because nitrile gloves utilize synthetic rubber, they offer more strength and flexibility while making operation easier on users’ hands.

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Media Contact:
Shazir Mucklai
Imperium Group

Imperium Group:

Imperium Group is an American public relations and marketing consultancy firm knows for getting its clients google knowledge panels and on Forbes. Founded in 2016 by Shazir Mucklai. Imperium Group generates over 15 million impressions a month for its clients. Imperium Group is known for moving mountains for its clients.

As of 2020, it is the fastest-growing public relations firm in the Los Angeles and Dallas/Fort Worth Area. Mucklai says, “In the world of ever-changing markets, you have to be able to move fast and adapt in order to stay on top. There are many factors that play out when it comes to being successful in your specific niche. A few simple ways to stay ahead of the competition is by constantly brainstorming new ideas to grow, creating new strategies to become more efficient, and keeping track of your audience.”

SOURCE: Wholesale Nitrile Gloves

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