DISCUSSION BASED ON MICROECONOMIC THEORY OF DEMAND AND SUPPLY

IMPACT OF COVID 19 ON GLOBAL PPE SUPPLY

In 2019 the world health centres were shocked by the threat of covid 19. As we know that
this virus can spread and infect a person quickly. Because of that they need a specialized
equipment or clothing in treating covid patients 19. in 2019 the medical ppe market was
gazetted as a mandatory garment for doctors or nurses caring for patients. with that then we
can see in 2019 the supply for the ppe market increased dramatically. The data records for
2019 a total of 8 billion dollars of profit that the ppe company. The highest market is led by
European and Asian markets. China as well as the United States have issued a statement
that as much as 60 % of global production across most types of ppe with the exception of
glove, which were mostly made in Malaysia and Thailand and for 40 % of the entire market,
distribution an exhaustive range of products and manufacturing in multiple geographies,
local and specialty players had emerged in both direct sales and contract manufacturing
channels. When the covid 19 pandemic occurred, the industry suggested that global
production for medical ppe increased by 300 %. This is also influenced by the market
demand for the masks market. this increase continued at the end of the first quarter of covid
19 and began in the second quarter when the increase in cases occurring in the second
quarter of covid 19 was higher than in the first quarter. Not only that this increase also
occurred after the global shortage and satisfy forward looking surge orders from
governments and private entities investment .