The demand relating to masks hit the roof when medical communities all around the globe stated that they were a significant preventive measure in relation to mitigating the range of the virus. The increase in demand regarding masks led the small-scale entrepreneurs to create or pivot to manufacture of masks by financing very little money within the range of 20,000 to 30,000.
As per myassignmenthelp, “One of the main products included in PPE kits, surgical gowns saw a spike in demand during the pandemic. Many businesses set up production units to manufacture surgical gowns, especially for the healthcare community. There are many garment enterprises that tweaked their production lines to manufacture surgical gowns in an effort to meet domestic as well as global demands.”
In accordance, “For many people, including doctors and other healthcare practitioners, wearing medical gloves has become essential to avoid coming in contact with the highly-contagious coronavirus. Gloves have also been playing an important role in preventing infection via contact with surfaces.” The rudimentary raw materials, which are compulsory to create a manufacturing facility regarding disposable gloves encompass – latex, mould, chlorine, and a capital amounting to 50,000.
“Demand for hand sanitizers has risen 100x since the pandemic began. Most companies have been easily able to pivot to manufacturing this product, especially after existing brands struggled to keep up with the pace of consumption. The internet has been rife with stories about alcohol, cosmetic, skincare, and even agro-chemical companies adding hand sanitizers to their product line. The spike in the demand for hand sanitizers has created business opportunities for many entrepreneurs.” After an interaction and a collaboration with SMBStory, it has been stated that, “Taking into account the present crisis, the production of alcohol-based hand sanitizers has begun in February 2020 and the first line of production came out on March 2, 2020. It was surprising that in just 18 days, the last year’s annual turnover of amounting to 600 million was clocked. This is the kind of demand this product has created for itself in the present scenario.”- say Deron, Assignment.review
Soap is one of the most effective ways to kill the COVID-19 virus on the skin. The WHO has advocated washing hands with soap for at least 20 seconds to fully eliminate traces of the virus from the skin. People have been setting up small factories at home with an investment of as low as 20,000, experimenting with Ayurveda herbs, and special ‘anti-viral’ ingredients to sell soaps, even though health authorities have said any soap that lathers well does the job.
According to expert at essay.reviews, “Consumption habits have definitely changed since the lockdown with more and more people striving to conserve cash in the wake of mass layoffs and pay cuts. Still, an absence of domestic help has sent people clamoring for machines that can take some of the load off while doing household chores.” Dishwashers, known to be utilized for cleaning cutlery and dishware, have seen upsurge in the demand from the households, and although there are several big corporations, which already manufacture such machineries, startups have been plummeting their toes in the aforesaid sector in order to come up with advanced and groundbreaking products that are more suited for the households.
Tissue paper/Toilet roll
In certain places, the toilet rolls and tissue paper went out of the stock within presumably minutes after the announcement of the lockdown. As per tophomeworkhelper, “With restrictions on mobility, people started hoarding these two items, and manufacturers had to work overtime to keep up with the demand. Increased awareness of health and hygiene also boosted demand, and businesses that were forced to suspend activities for some time took to manufacturing these two items to keep some sort of revenue coming in. The tissue paper and toilet roll business can be started with an investment of 20,000 to 30,000.”
The touchless dispensers aren’t new to the market, but they were mostly found at high-end places. To prevent multiple people from touching the same surfaces, touchless dispensers are being employed widely.” Many entrepreneurs have turned to explore and reconnoiter the aforesaid business opportunity, and several small-scale corporations have either created a proprietary firm or formed partnerships with each other in order to explore the space relating to touchless dispenser. Several corporations started building products that could come in handy in the present COVID-19 situation. From the sensor-based sanitizer dispensers to the hands-free systems of hand wash and the automatic sanitizers for the foot, the businesses have ventured into unexplored territory.
Best known for advocating the use of naturally healing and immunity-boosting herbs, Ayurveda is an Indian medicinal legacy that has shown clinical promise. Indian entrepreneurs have been able to tap this ancient practice and give it a somewhat modern twist by coming up with herbal teas, Ayurveda snacks, juice shots infused with herbs, among others.