LAS VEGAS, May 10, 2021 / PRNewswire / – Alkame Holdings, Inc. (OTC PINK: ALKM) today confirmed the recent announcement of a $ 1 million Contract for delivery to Aladyn Protection Systems, LLC Using Personal Protective Equipment (PPE) marks a dedicated entry into the PPE market with a current estimated value of $ 77 billion.
Grand View Research Reports “The global market size for personal protective equipment was rated with $ 77.36 billion in 2020 and is expected to grow at an average annual growth rate (CAGR) of 7.3% from 2020 to 2028. An increasing awareness of hygiene to avoid the transmission of pathogens in healthcare facilities is expected to fuel demand for personal protective equipment (PPE) over the forecast period. Various countries have put tough laws in place as a result of Covid-19, such as the U.S. Families First Coronavirus Response Act to protect public health workers, set up free tests, provide paid vacation days, and provide important benefits for children and families in 2020, to curb the problem spread. Rising domestic production combined with restrictions on product imports and exports increased the demand for PPE in 2020. “
In 2020, Alkame shifted its production focus to the manufacture of high-quality PPE products such as hand disinfectants for first aiders and the medical sector for the first time. A long period of time was spent on licenses, government regulations, compliance testing, certification and formulation. The relocation of production initially paid off with the sale of PSA to the state of Oregon.
In the course of 2020 we were able to win a Canadian sales partner for PPE products and provide the necessary information and documents for export.
We now see our first temporary move into the PPE sector as a long-term opportunity to expand our regular co-packing business. We expect sales to pick up again as the economic impact of Covid-19 subsides.
About Alkame Holdings, Inc.
Alkame Holdings, Inc. is a publicly traded holding company with a focus on a variety of sectors: health and wellness, technology, manufacturing, and distribution. The company’s wholly owned subsidiaries manufacture and sell products with an emphasis on harnessing improved water technology with several unique properties. Water technology is supported by four independent human clinical studies. There are a variety of product applications that we can use now or with our technology to create and / or add value to consumer beverages, CBD / hemp products, pet products, horticulture, agriculture and aquaculture, including but not limited to these uses and Hand sanitizer.
Disclaimer / Safe Harbor: This press release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company’s current views with respect to future events that involve risks and uncertainties. These risks include, but are not limited to, the expectation that Alkame will generate significant sales, failure to meet the schedule or performance requirements of the company’s contracts, the company’s liquidity position, the company’s ability to win new contracts, the emergence of competitors with larger financial ones Resources and the Impact of Competitive Prices. Given these uncertainties, the forward-looking events discussed in this press release may not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
For more information visit www.alkameholdingsinc.com.
SOURCE Alkame Holdings Inc.