Just over a year ago, Adam Karapetyan, an LA-based entrepreneur, was enjoying building a meal-prep company and renting commercial space to vendors and restaurants.
Then COVID arrived, and turned his world upside down.
As the companies Adam was working with began to drop and tenants were unable to pay rents, Adam realized he needed to pivot… and quickly. Seeing his business accounts dip into the negatives was a harrowing reality.
Adam discovered that personal protective equipment (PPP) was a growing need, and began to research nitrile gloves, a high-quality alternative to latex gloves. He began acquiring and distributing high-quality personal protective equipment, and demand quickly grew. Having a small corner on nitrile, Adam was able to build a multi-state distribution network.
The global nitrile gloves market 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.
In less than a year from experiencing negative business bank accounts due to COVID, Adam was able to generate 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.
The company’s main product is nitrile gloves, sold in high volumes. For those who might not be familiar, nitrile is a synthetic, re-processed form of latex that is stronger and more durable, without the risk of latex allergy. While nitrile starts as rubber from rubber trees, it is processed in such a way that it becomes a uniquely strong and sturdy chemical. Nitrile is a chemical-resistant and puncture-resistant material used to help make the best kinds of gloves available for purchase.
Learn more at www.wholesalenitrilegloves.com