Industria
The PPE Category in APAC to Witnesses Enhanced Demand as Small and Medium-sized Organizations Look Forward to Procuring from low-cost Independent Manufacturers in the Region - Grand View Research, Inc.
The major cost components are raw materials, equipment and manufacturing, testing and labor, along with facilities and maintenance. However, the overall cost of clothing or any equipment may depend on multiple factors such as customizations, types of raw materials used, quality of the product, the time required for manufacturing, testing, and standards, etc. For instance, reusable PPE clothing will relatively cost more than disposable one. Similarly, non-woven fabrics can be manufactured easily on a large scale and hence tends to be more cost-effective than woven fabrics.
Following the COVID-19 pandemic, India has become a major PPE kit production hub. In 2021, India was the second-largest PPE kits manufacturer - as it produced 200,000 kits and 200,000 N95 masks daily. The textile industries ramped up production to meet the kits demand and the number of companies increased to 1,100. Meltblown fabric manufacturers for N95 masks had also increased to 80. Since 2021, the Indian government has taken numerous initiatives to improve personal protective equipment production in the country such as reducing the licensing facilities and product costs, promoting and boosting manufacturing lines, strengthening local supply chains, and assisting small companies to overcome barriers to production by tying up with technological companies and utilizing MSMEs.
Grand View Research has identified the following key cost components for the Personal Protective Equipment Category:
Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process
Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best-suited engagement with the supplier
Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house.
A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc.
A smart and effective supply chain is essential for growth in any organization. provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
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Email: sales@grandviewresearch.com
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