Personal Protective Equipment (PPE) and Value-Added Distribution Companies Well-Positioned to Benefit Long-Term
Companies in PPE and value-added distribution are uniquely positioned to thrive in the post-COVID 19 economy. By taking steps now, PPE manufacturers and value-added distributors can position themselves to capture market share and capitalize with ongoing consolidation strategies, while strengthening their competitive advantage. Groceries and other essential commodities have seen increased fulfillment through value-added distributors indicative of an overall shift in consumer behavior towards door-to-door services likely to extend past the bulk of the pandemic. COVID-19 has also highlighted the need for organizations to be prepared with safety equipment vital to disaster plans – the result for the PPE segment is an expected 16% CAGR through 2023. Players that optimize supply chains now, re-allocate resources as appropriate, and defend their competitive position can weather the pandemic and emerge stronger.